KuCoin Agrees to Pay Nearly $300M to US Regulators
On Monday, the US Department of Justice reported that KuCoin admitted to operating an unlicensed money transmitting business and has agreed to pay more than $297 million in fines and forfeiture.
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SEC Overturns SAB 121 Crypto Bulletin
On Thursday, the Securities & Exchange Commission (SEC) introduced SAB 122, revoking the controversial SAB 121.
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Trump Pardons Ross Ulbricht
On Tuesday, Donald Trump declared a “full and unconditional” pardon for Ross Ulbricht, the founder of the underground drug market Silk Road.
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US SEC Launches a Crypto Task Force
The new leadership of the US Securities and Exchange Commission has announced the creation of a task force to develop regulations for crypto assets.
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SEC Sues Nova Labs
The SEC has accused Nova Labs Inc. of fraud and violating securities laws related to its crypto operations.
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Republican Tom Emmer Appointed as Vice Chair of House Subcommittee on Digital Assets
On Tuesday, it was announced that Rep. Tom Emmer has been appointed as the vice chairman of the House Subcommittee on Digital Assets, Financial Technology and Artificial Intelligence.
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Oklahoma Senator Proposes a Bill to Allow BTC Payments
Oklahoma State Senator Dusty Deevers has introduced the “Bitcoin Freedom Act” (SB325), a potential step towards integrating traditional financial structures within the state.
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US Government Will Not Acquire Bitcoin in 2025
Based on research from Galaxy Digital, it is predicted that the US government will not invest in Bitcoin in 2025.
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