US Lawmakers Clash Over Crypto Bills That Could Blow Open Wall Street’s Back Door – Regulation Bitcoin News
US lawmakers debate crypto regulation bills, with Republicans pushing for deregulation and Democrats warning of risks to financial stability and national security.
Schiff says sell Bitcoin for silver as $258K target looms: Hodler’s Digest, July 6 – 12
Grayscale challenges SEC’s ETF delay, Binance linked to Trump-backed stablecoin, Peter Schiff advises selling Bitcoin for silver, and high-leverage trader James Wynn deactivates account after losses.
Grayscale Responds To SEC Decision To Delay GDLC ETF Debut | Bitcoinist.com
Grayscale challenges SEC’s delay of GDLC ETF listing, hinting at potential legal action to lift the stay, while acknowledging SEC’s efforts for crypto regulatory clarity.
USDT Used to Launder $4 Million in Kenyan Bank Heist, Report Says – News Bytes Bitcoin News
Contractors stole $4 million from a Kenyan bank using USDT to launder funds through offshore wallets, reports say. DCI is investigating the internal breach.
Indian Crypto Exchange CoinDCX Denies Moving User Funds After WazirX Allegations
CoinDCX denies WazirX’s allegations of moving user funds to Lithuania, stating all funds are held by their FIU-registered Indian entity Neblio Technologies, ensuring compliance and transparency.
Trade War Escalates as Trump Threatens New Tariffs on Mexico, EU – News Bytes Bitcoin News
President Trump threatens 30% tariffs on Mexico and EU imports, escalating trade tensions and unsettling markets amid failed negotiations.
JPMorgan Chase CEO Says Traders May Be Seriously Mistaken on Fed Rate Cuts: Report – The Daily Hodl
JPMorgan CEO Jamie Dimon warns traders may be wrong about Fed rate cuts, suggesting potential hikes due to inflation risks from tariffs, immigration, and deficit policies.
Record $14,600,000,000 Health Care Fraud Involving Doctors, Nurses, Pharmacists And Others Taken Down By Feds – The Daily Hodl
The US government dismantled a $14.6 billion health care fraud scheme involving 324 defendants, including doctors and pharmacists, for unnecessary treatments, opioid trafficking, and Medicare scams.
Coinbase Sues Oregon Governor Over Crypto Policy Change – Details
Coinbase sues Oregon Governor Tina Kotek over sudden crypto policy shift, alleging lack of transparency and public consultation in reclassifying digital assets as securities.
Bank Insider Allegedly Drains $477,000 From 12 Customer Accounts Without Authorization: US Department of Justice – The Daily Hodl
A bank employee allegedly stole $477,000 from 12 customers using his credentials, working with a co-conspirator. The DOJ charged him with multiple fraud counts, facing up to 30 years in prison.
