Web3/Crypto news and reports on Federal Newswire

By Federal Newswire | Nov 21, 2024

The United States District Court of the Northern District of Texas has ruled that the Securities and Exchange Commission (SEC) exceeded its statutory authority with its dealer rule, which has now been struck down.

By Federal Newswire | Nov 21, 2024

Crypto policy was a significant topic in the recent election, raising questions about how supportive the new administration and Congress will be.

By Kyle Barnett | Nov 16, 2024

Consumer Action for a Strong Economy (CASE), a business advocacy group, has launched a six-figure advertising campaign aimed at removing Securities and Exchange Commission (SEC) Chairman Gary Gensler.

By Federal Newswire | Nov 15, 2024

Roman Sterlingov, a dual Russian-Swedish national, has been sentenced to 12 years and six months in prison for his role in operating Bitcoin Fog, a notorious cryptocurrency "mixer" that facilitated the laundering of over $400 million in illicit funds.

By Federal Newswire | Nov 14, 2024

U.S. Senator Cynthia Lummis has expressed her belief that establishing a strategic Bitcoin reserve is feasible in the near future and could enhance U.S. financial stability.

By Federal Newswire | Nov 13, 2024

Stephen Peepels, chief legal officer at MANTRA, said that the Senate passed stablecoin regulation, but later both the "House and the Senate" agreed that SAB109 was a "terrible idea," resulting in a veto.

By Federal Newswire | Nov 11, 2024

Coinbase Chief Policy Officer Faryar Shirzad has said that numerous bipartisan pro-crypto candidates emerged victorious in recent elections, potentially setting the stage for comprehensive cryptocurrency regulations.

By Federal Newswire | Nov 11, 2024

Greg Xethalis, general counsel of Multicoin Capital, said that Pennsylvania U.S. Senator-elect Dave McCormick, who defeated incumbent Bob Casey, possesses a good understanding of issues including the economy and cryptocurrency.

By Federal Newswire | Nov 10, 2024

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

By Federal Newswire | Nov 9, 2024

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

By Federal Newswire | Nov 8, 2024

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.

By Federal Newswire | Nov 8, 2024

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.

By Federal Newswire | Nov 8, 2024

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.

By Federal Newswire | Nov 8, 2024

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.

By Federal Newswire | Nov 7, 2024

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).

By Federal Newswire | Nov 5, 2024

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.

By Donna Rolando | Nov 5, 2024

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.

By Federal Newswire | Nov 5, 2024

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.

By Federal Newswire | Nov 5, 2024

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.

By Federal Newswire | Nov 5, 2024

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.