US Attorneys continued hearing from witnesses in their case against the Tornado Cash co-founder and filed a motion to block testimony on crypto-related kidnappings and torture. Source: cointelegraph.com (Read Full Article)
‘There is no legitimate use case for crypto’ — US Representative Stephen Lynch
Lynch joined his Democratic colleagues in denouncing cryptocurrencies and calling for a central bank digital currency (CBDC). Source: cointelegraph.com (Read Full Article)
UK lawmakers push to ban crypto donations in political campaigns
With millions in crypto flowing into US elections, governments worldwide face pressure to regulate digital campaign contributions. Source: cointelegraph.com (Read Full Article)
Crypto bills move forward after nine-hour stalemate on House floor
The US House has moved forward three crypto bills after a record-long procedural vote saw a group of Republicans hold out to ensure language banning CBDCs. Source: cointelegraph.com (Read Full Article)
UK officer jailed for 50 Bitcoin theft during Silk Road 2.0 probe
The UK has jailed a former National Crime Agency officer who stole and spent Bitcoin seized from Silk Road 2.0 co-founder Thomas White. Source: cointelegraph.com (Read Full Article)
SEC delays in-kind redemption decision for Bitwise crypto ETFs
The US SEC has extended its decision deadline on whether to allow in-kind redemptions for Bitwise’s spot Bitcoin and Ether ETFs on NYSE Arca. Source: cointelegraph.com (Read Full Article)
Bhutan should embrace decentralized identity systems
Bhutan’s unique naming culture and values of sovereignty make it a strong candidate for adopting blockchain-based identity systems. Source: cointelegraph.com (Read Full Article)
Crypto Week Day 4: US lawmakers remain divided on key bills
Republicans and Democrats tussled over the Trump family’s crypto ties, consumer protections, and backing stablecoins with fiat assets. Source: cointelegraph.com (Read Full Article)
US House passes three key crypto bills ahead of August recess
The three bills on Republicans’ crypto agenda passed with bipartisan support despite continued pushback from Democrats over claims of corruption and conflicts of interest. Source: cointelegraph.com (Read Full Article)
Nasdaq files application to add staking for BlackRock iShares ETH ETF
Staking for crypto exchange-traded funds has been a feature long sought by traditional financial institutions and asset managers. Source: cointelegraph.com (Read Full Article)