Samourai Wallet Founders Sentenced to 4-5 Years for $200M Bitcoin Money Laundering Scheme A US court has delivered a powerful blow to the founders of Samourai Wallet, a Bitcoin mixing service accused of laundering over $200 million in illicit funds. William Hill and Keonne Rodriguez, who launched the platform in 2015, were sentenced to four […]
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Senators Grill Crypto Regulator Michael Selig in High-Stakes Bid to Lead CFTC Michael Selig, the chief counsel for the SEC’s Crypto Task Force, found himself in the hot seat on Wednesday during a Senate Agriculture Committee hearing to decide if he’s the right fit to lead the Commodity Futures Trading Commission (CFTC). With the global […]
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Trump’s Nominee Michael Selig Under Senate Spotlight as CFTC Gears Up for Crypto Overhaul President Donald Trump’s choice for the next chair of the Commodity Futures Trading Commission (CFTC), Michael Selig, is stepping into a regulatory storm as the U.S. grapples with the future of cryptocurrency oversight. With a Senate confirmation hearing set for November […]
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U.S. Senators Propose CFTC Oversight in Major Crypto Regulation Bill A groundbreaking bipartisan push in the U.S. Senate could finally bring order to the untamed frontier of crypto rules. Senators John Boozman (R-Ark.) and Cory Booker (D-N.J.) have introduced a draft bill through the Senate Agriculture Committee to grant the Commodity Futures Trading Commission (CFTC) […]
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Spot XRP ETFs Hit the DTCC List: A Turning Point for Crypto or a Regulatory Mirage? Five spot XRP Exchange-Traded Funds (ETFs) from major players—CoinShares, Franklin Templeton, 21Shares, Canary Capital, and Bitwise—have surfaced on the Depository Trust & Clearing Corporation (DTCC) list, hinting at a U.S. market debut as soon as late November. This marks […]
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Binance Founder CZ Pardoned by Trump: Shocking Turn for Crypto’s Future Changpeng “CZ” Zhao, the mastermind behind Binance, received a jaw-dropping full pardon from U.S. President Donald Trump in October 2025, erasing his 2023 conviction for anti-money-laundering (AML) violations. This bombshell has set off a firestorm of debate about political agendas, regulatory tides, and the […]
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Kazakhstan’s $1B Crypto Reserve Fund: A Bold Bet on Digital Finance for 2023-2024 Kazakhstan is making a seismic move into the world of digital finance with the announcement of a national cryptocurrency reserve fund valued between $500 million and $1 billion, set to launch by late 2023 or early January 2024. Spearheaded by Central Bank […]
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Zohran Mamdani Elected NYC Mayor: Polymarket Triumphs, Crypto Braces for Regulatory Heat New York City has ushered in a new era with Zohran Mamdani’s election as mayor, a historic win for the 34-year-old democratic socialist who secured just over 50% of the vote against former Governor Andrew Cuomo. As the city’s first Muslim mayor, Mamdani’s […]
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Fed Slams the Door on Custodia Bank’s 5-Year Quest for a Master Account The U.S. Court of Appeals for the Tenth Circuit has dealt a crushing blow to Custodia Bank, a Wyoming-based crypto-focused institution founded by Caitlin Long, by upholding a lower court’s decision to deny it access to a Federal Reserve master account. This […]
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CZ vs. Senator Warren: Binance Founder Threatens Defamation Lawsuit Over False Money Laundering Claims A billionaire crypto mogul, a outspoken U.S. senator, and a controversial presidential pardon—Binance founder Changpeng “CZ” Zhao is locking horns with Elizabeth Warren in a showdown that could ripple through the cryptocurrency world. Zhao is threatening a defamation lawsuit over Warren’s […]
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