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Former Binance CEO: The 'classification of crypto' is 'fundamental'
Web3/Crypto

Changpeng Zhao, founder and former CEO of Binance, addressed the ongoing issue in the United States regarding the classification of cryptocurrency.


Crypto lawyer: We need to give more regulatory 'flexibility to the emerging technology space'
Web3/Crypto

Irina Heaver, a crypto lawyer at NeosLegal, said that laws and compliance standards are significantly "behind the technology" by 15 to 20 years.


Venture capitalist: Defeated Senate Banking Committee chair 'was incredibly dishonest with his attacks on crypto and fintech'
Web3/Crypto

Adam Cochran, a partner at the venture capital firm Cinneamhain Ventures, has criticized former U.S. Senator Sherrod Brown for his alleged "dishonest" attacks on cryptocurrency and financial technology.


Coinbase chief legal officer: 'voters said loud and clear that they want change,' including in crypto regulation
Web3/Crypto

Coinbase Chief Legal Officer Paul Grewal expressed hope that the U.S. Securities and Exchange Commission (SEC) received a message from voters indicating a desire for a change in the regulatory approach to the cryptocurrency industry.


Coinbase CEO: Ohio's new U.S. Senator 'understands that crypto is an important part of America's future'
Web3/Crypto

Coinbase CEO Brian Armstrong expressed his support for Bernie Moreno, stating that Moreno's victory over incumbent U.S. Senator Sherrod Brown signifies an understanding of the benefits cryptocurrency can offer to all Americans.


U.S. regulators take 'less proactive' stance in 'crypto space'
Web3/Crypto

Stephen Peepels, chief legal officer at MANTRA, said that U.S. regulators have adopted a less "proactive" approach in the "crypto space" compared to other capital markets.


Ripple CEO: 'the crypto voter is here to stay, loud and clear'
Web3/Crypto

Ripple CEO Brad Garlinghouse has commented on the recent election results, highlighting support for pro-crypto candidates such as Senator Kirsten Gillibrand (D-NY) and Senator-elect Bernie Moreno (R-OH).


Coinbase submits amicus brief in support of Beba against SEC regulations
Web3/Crypto

Coinbase has released an amicus brief in the Beba vs. U.S. Securities and Exchange Commission (SEC) case, supporting Beba LLC and the DeFi Education Fund against the SEC.


Utah Attorney General on release of celebrated former IRS agent from Nigeria: 'We are overjoyed'
Web3/Crypto

After languishing in a Nigerian prison to the extreme detriment of his health, Georgia father and former IRS agent Tigran Gambaryan was freed and allowed to return home to his family. This occurred as a group of 18 attorneys general intensified their efforts to secure his release under the Levinson Act.


WSPN CEO: 'No mention of crypto' in transnational money laundering case
Web3/Crypto

WSPN CEO Austin Campbell said that a recent case of transnational money laundering did not involve cryptocurrency, countering the narrative that digital currencies are primarily used by criminals.


Consensys: 'deeply concerned by the path that America has taken regarding digital asset regulation and enforcement'
Web3/Crypto

Web3 software firm Consensys has expressed concerns about the current regulatory environment for the U.S. cryptocurrency industry, stating that it is detrimental to innovation.


Coinbase CEO: 'The next SEC chair should withdraw all frivolous cases'
Web3/Crypto

Coinbase CEO Brian Armstrong has suggested that the incoming chair of the U.S. Securities and Exchange Commission (SEC) could work to restore public trust by halting what he described as "frivolous" litigation within the cryptocurrency industry.


Ripple CEO: 'I think the SEC is acting outside the law'
Web3/Crypto

Brad Garlinghouse, CEO of Ripple, said he believes the U.S. Securities and Exchange Commission (SEC) is "acting outside the law" in light of recent efforts to go against a court ruling on the classification of Ripple's cryptocurrency XRP.


Trump victory odds boost Bitcoin levels to month-highs
Web3/Crypto

Bitcoin levels have increased by nearly 22% since September, reaching its highest level in two months, and an analysis of election odds data reported a connection to the odds of a Donald Trump victory.


Crypto community member: Minneapolis Federal Reserve President 'might need a reality check' on cryptocurrency
Web3/Crypto

Crypto community figure Eric Johnson said Minneapolis Federal Reserve President Neel Kashkari "might need a reality check" after Kashkari made comments about the use of crypto for illegal activities.


US Rep. Nickel: SEC Chair Gensler 'is hurting our economy and sending American jobs overseas'
Web3/Crypto

U.S. Rep. Wiley Nickel (D-NC-13) said U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler "is hurting our economy and sending American jobs overseas."


Bipartisan coalition requests Biden Administration designate US citizen in Nigeria as hostage
Web3/Crypto

On October 18, Attorney General John Formella joined a bipartisan group of seventeen other state attorneys general in urging the Biden Administration to designate U.S. citizen Tigran Gambaryan as a hostage under the Robert Levinson Hostage Recovery and Hostage-Taking Accountability Act.


US Attorney Sellinger: 'TD Bank’s anti-money laundering failures were well-known'
Web3/Crypto

U.S. Attorney Philip Sellinger said TD Bank’s anti-money laundering (AML) failures" were known at every level of the institution.


Blockchain Association criticizes SEC's approach as costly for crypto industry
Web3/Crypto

The Blockchain Association, in collaboration with HarrisX, has published findings on the economic impact of the Securities and Exchange Commission's (SEC) "regulation by enforcement" approach to digital assets under Chair Gary Gensler.


Sec. Blinken: The U.S. 'thanks the Government of Nigeria for releasing U.S. citizen Tigran Gambaryan'
Web3/Crypto

Secretary of State Antony Blinken expressed gratitude for the release of Tigran Gambaryan, head of financial crime compliance at Binance and a former U.S. federal agent, by the Nigerian government.