Bitcoin
A plan being floated in Washington would place a user fee on foreign purchases of U.S. treasuries to depress the dollar, but it could play havoc on the global economy, thus burnishing the case for Bitcoin.
Tech
Crypto advocates claim to value privacy, but when push comes to shove they tend to care more about convenience.
Business
Galaxy’s actions, including misleading public statements and lack of disclosure, led to violations under New York laws.
Republican Sen. John Kennedy pressed Atkins on the FTX crash in the Senate Banking Committee hearing.
Regulation
Many industry insiders are concerned that, if successful, Coinbase’s strategy could bog down the legislative process and delay the passage of a stablecoin bill.
The OCC said it would stop evaluating banks based on the “reputational risk” of their clients, which many crypto firms saw as a target on their backs.
DeFi
The government’s case against a key piece of privacy tech is reaching a critical stage. The future of the $90 billion DeFi industry could hang in the balance.
The central bank’s rate setting body stayed the course as it tries to navigate a deteriorating and highly volatile economy.
Ripple’s CEO posted on X that the SEC was dropping its appeal against the company, but it may not get the clean victory that it is promoting.
Before the cameras turned on, attendees got to share their crypto wish lists with the White House. Here’s what they had to say.
