Category: decrypt.co

Trump Promised to Free Silk Road Creator Ross Ulbricht on ‘Day One’—So What Gives? The President’s pledge to commute Ulbricht’s sentence was notably absent on the first day of Trump’s second presidential term. Vince Dioquino Go to decrypt.co

Italian Lawmaker Urges Banking Foundations to Buy Bitcoin Banking Foundations could be next to embrace Bitcoin, following the lead of Italy’s largest bank, an Italian lawmaker said Friday. Liz Napolitano Go to decrypt.co

Wyoming and Massachusetts Join Growing List of States Considering Bitcoin Reserves State Bitcoin reserve momentum is still growing, while Coinbase backed the idea of a federal BTC stockpile for the first time publicly. Sander Lutz Go to decrypt.co

Sen. Cynthia Lummis Accuses FDIC of Crypto Oversight Misconduct, Demands Accountability Lummis cited whistleblower claims the FDIC destroyed documents and silenced staff during a crypto oversight probe, sparking industry outrage. Vismaya V Go to decrypt.co

Pump.fun Faces Possible Lawsuit Over Allegations of Investor Harm A US law firm has urged those allegedly harmed by Pump.fun to step forward and support a potential legal case aimed at securing restitution. Vismaya V Go to decrypt.co

SEC Appeals Ripple Ruling, Seeks Reversal on XRP Classification While the regulator already filed its appeal in mid-October, Wednesday’s opening brief represents a formal step in the appellate process. Sebastian Sinclair Go to decrypt.co

Rep. Tom Emmer Named Vice Chair of Digital Assets Subcommittee, Pledges US-Led Innovation Tom Emmer has been appointed vice chair of the Digital Assets Subcommittee which is expected to drive efforts on U.S. crypto legislation. Vismaya V Go to decrypt.co

Singapore Blocks Access to Polymarket Over Gambling Law Polymarket faces mounting pressure as global regulators probe it for handling multimillion-dollar political wagers. Vince Dioquino Go to decrypt.co

Treasury Pick Scott Bessent to Divest BlackRock Bitcoin ETF Before Trump’s Inauguration Scott Bessent will also resign from Key Square Group, the hedge fund he founded, to avoid conflicts of interest if the Senate confirms him. Vismaya V Go to decrypt.co

North Dakota Considers Crypto Reserve as State Bitcoin Treasuries Gain Momentum Legislators in North Dakota will weigh whether to diversify its assets with crypto and precious metals, following other state Bitcoin proposals. Jason Nelson Go to decrypt.co

‘Live Free or Die’: New Hampshire the Latest State to Consider Bitcoin Reserve Bill New Hampshire Rep. Keith Ammon proposed a bill to enable a Bitcoin treasury reserve, which he framed as a matter of state sovereignty. André Beganski Go to decrypt.co

Crypto Industry Waves Goodbye to Top Fed Regulator as Resignations Pile Up Michael Barr stepped down from his post on Monday and follows closely on the heels of SEC Chairman Gary Gensler’s announcement late last year. Liz Napolitano Go to decrypt.co

Pro-Crypto Lawyer Deaton Calls for Congressional Probe Into FDIC Activity Deaton contends some regulatory actions appear driven by political agendas rather than grounded in sound policy, echoing industry concerns. Sebastian Sinclair Go to decrypt.co

FDIC Took Issue With Banks Using Public Blockchains Like Ethereum, FOIA Docs Reveal Banking regulator FDIC discouraged a member bank from using a public blockchain, according to unredacted documents obtained Friday by Coinbase. Sander Lutz Go to decrypt.co

Crypto Crystal Ball 2025: How Hard Will Trump Fight for Bitcoin and Crypto? President-elect Donald Trump has likely ended the U.S. government’s war on crypto. But will Trump be willing to start the war for crypto? Sander Lutz Go to decrypt.co