U.S. House Democrat, who may soon run key committee, condemns crypto in 401(k)s
Maxine Waters, the ranking Democrat on House Financial Services, asked the chief of the Department of Labor to withdraw its proposal on alternative assets.…
Anti-trafficking group says Clarity Act's Section 604 could weaken accountability
An antihuman trafficking advocate said a Clarity Act provision could weaken accountability despite existing criminal laws. Source：CoinDesk
Binance tells EU users it will no longer provide services after failing to secure MiCA license
A day after withdrawing its MiCA license application in Greece and saying it is ‘not leaving Europe,’ Binance notified users across the European Union that it…
Post-prison CZ says time behind bars didn't hurt the billionaire's business after Binance
The pardoned exCEO called prison a characterbuilding "plus" as he's pursued a venturecapital career, despite his majority stake in the world's biggest crypto…
CoinEx denies claims it served as $3.84 billion gateway to sanctioned Iranian crypto firms
Blockchain analysts TRM Labs says CoinEx facilitated more than £3.8 billion in blockchaintraced flows with sanctioned Iranian crypto entities. CoinEx disputes…
SEC Appoints Kathleen Hutchinson as Director of Office of International Affairs
The Securities and Exchange Commission has appointed Kathleen M. Hutchinson as Director of the agency’s Office of International Affairs (OIA). OIA advises the…
Binance withdraws Greek MiCA bid but vows to remain in Europe
The crypto giant must find a home base in the EU by July 1 or regulators will force the company to shut down operations for millions of regional users.…
Summer of crypto (regs): State of Crypto
Lawmakers are debating taxes, the CFTC put out a prediction market proposal and court cases are heating up. Source：CoinDesk
FTX's Sam Bankman-Fried loses appeal of criminal conviction on fraud, conspiracy charges
The onetime FTX CEO did not persuade a panel of judges that his trial was unfair, the appeals court panel ruled Friday. Source：CoinDesk
‘We are comfortable financially': My husband is in his 60s and has $500,000 life insurance. Is this a good time to cancel?
“Our kids are grown and independent.” Source：MarketWatch
Former SEC, CFTC Chair Gary Gensler argues that prediction markets don't overrule state regulations
The former regulator joined a number of interest groups in arguing that prediction markets are overstepping their bounds by offering sportsrelated contracts.…