Senate confirms pro-crypto Scott Bessent as US Treasury Secretary
As US Treasury secretary, billionaire hedge fund manager Scott Bessent will have sway over fiscal policy, financial regulations, international sanctions and overseas investments.
As US Treasury secretary, billionaire hedge fund manager Scott Bessent will have sway over fiscal policy, financial regulations, international sanctions and overseas investments.
The Paris Public Prosecutor’s Office reportedly launched a probe into the crypto exchange’s activities between 2019 and 2024.
US dollar-pegged stablecoins account for 97% of the global stablecoin market, raising concerns in the EU about Trump’s plans to push dollar dominance through stablecoins.
The US Senate had not yet scheduled a hearing to consider Donald Trump’s nomination of Paul Atkins to head the Securities and Exchange Commission.
Lawyers for Cynthia Lummis filed an amicus brief as part of Coinbase’s appeal over a ruling in its case with the SEC, claiming the commission “flouts” its enforcement authority.
The payments firm said with the addition of the two US states, it held more than 50 licenses across different jurisdictions.
Antonia Perez Hernandez, one of five individuals indicted for their involvement in the Ponzi scheme Forcount, pleaded guilty to conspiracy to commit wire fraud in 2024.
Acting CFTC Chair Caroline Pham said the commission planned to go “back to basics,” also suggesting the regulator would explore regulatory safeguards.
A US court has overturned the sanctions on privacy protocol Tornado Cash in a significant legal development for crypto.
World Network, the iris-scanning digital ID project formerly known as Worldcoin, can no longer offer crypto incentives to Brazilians.