New York AG urges Congress to bolster protections in crypto bills
New York AG Letitia James urges Congress to strengthen crypto bills, arguing current versions lack investor protections and regulatory safeguards against fraud and criminal activity.
DOJ’s $225M Seizure Puts Human Cost of Crypto Scams in Focus, Former Acting U.S. Attorney Says
The DOJ seized $225M in crypto from pig butchering scams, highlighting the human impact. Former Acting U.S. Attorney Phil Selden explains the case’s significance and future legal actions.
Arizona governor rejects Bitcoin reserve bill HB 2324, says it hurts asset forfeiture cooperation
Arizona Governor Katie Hobbs vetoed HB 2324, a bill proposing a Bitcoin reserve fund from seized assets, citing concerns over reduced law enforcement cooperation in forfeiture cases.
Central Bank Digital Currency (CBDC) – Global Officials Look at New Era of Digital Finance – The Daily Hodl
Central banks worldwide are accelerating CBDC development, with over 100 countries exploring digital currencies. China leads with its digital yuan, while the US and EU focus on careful design and privacy.
Cynthia Lummis’ crypto tax: Will Bitcoin miners see much-needed relief?
Senator Cynthia Lummis proposes a tax amendment to eliminate double taxation on Bitcoin miners and crypto users, aiming to make the U.S. a crypto superpower by taxing only at the point of sale.
DOJ Charges North Korean Nationals for Crypto Theft and Identity Fraud in US
The DOJ charged North Korean nationals with identity theft and crypto laundering, alleging they stole $900K in crypto and caused $3M in damages by infiltrating US companies to fund North Korea’s regime.
US sanctions crypto wallet tied to ransomware, infostealer host
The US Treasury sanctioned Russia’s Aeza Group, its executives, and a Tron wallet tied to ransomware and info-stealers. The wallet processed payments for cybercrime services, with $350,000 in crypto linked to illicit activities.
Best Crypto to Buy as Trump’s Big Beautiful Bill Adds Crypto Tax Exemptions
Trump’s proposed bill may include crypto tax exemptions, boosting accessibility. Senator Lummis supports waivers for small transactions, potentially increasing adoption. Projects like Best Wallet Token ($BEST) could benefit from this legislative shift.
Binance Keeps Staff in Singapore Despite License Crackdown
Binance retains hundreds of remote workers in Singapore despite new MAS licensing rules targeting unlicensed crypto firms. Employees focus on internal, non-customer roles like compliance and HR.
Supreme Court Declines Crypto Privacy Case, Upholds IRS Access Without Warrant – Legal Bitcoin News
The Supreme Court declined to hear a crypto privacy case, allowing the IRS to continue accessing Bitcoin transaction data without user consent or a warrant.
