Category: Law of the Chain

House Republicans failed to advance the GENIUS Act and crypto bills, stalling stablecoin regulation and CBDC ban efforts. Markets reacted as Circle, Coinbase, and MARA Holdings saw declines.

A FOIA report reveals the U.S. Marshals Service holds only 28,988 Bitcoin, sparking debate over potential sales of 85% of holdings. Senator Lummis warns this could hinder U.S. competitiveness in the global Bitcoin race.

A U.S. House bill proposes including Bitcoin and crypto assets in mortgage evaluations, potentially improving loan eligibility for borrowers with digital holdings.

A FOIA request reveals the US Marshals Service holds 28,988 BTC, far less than the estimated 200,000 BTC. The assets are forfeited and exclude those under litigation or held by other agencies.

Pakistan and El Salvador have formed a bilateral agreement focused on Bitcoin, aiming to share knowledge and boost BTC holdings despite IMF opposition.

US lawmakers criticize crypto as a scam, advocating for CBDCs while opposing anti-CBDC legislation. They claim crypto facilitates illegal activities and lacks legitimate use cases, amid global CBDC debates.

The US House rejected the GENIUS Act due to missing CBDC ban provisions, sparking debate on crypto regulation. Rep. Greene opposed it over privacy concerns, while Trump remains optimistic about future passage.

Prosecutors in Roman Storm’s trial seek to block testimony about crypto-related kidnappings, arguing it’s irrelevant and inflammatory. Storm faces charges tied to Tornado Cash operations.

Rep. Maxine Waters criticizes Republican-led crypto bills, calling them a ‘casino for billionaires’ and warning of risks to consumers and the financial system while targeting Trump’s crypto ties.

Bitcoin advocate Roger Ver sues Spain to block US extradition over $48M tax evasion charges, claiming human rights violations and political motivation behind the case.