House Committee on Financial Services Declares Week of July 14th As ‘Crypto Week’ – The Daily Hodl
The U.S. House declares July 14th week as ‘Crypto Week’ to consider three major crypto-related acts: CLARITY Act, Anti-CBDC Surveillance State Act, and GENIUS Act.
How a Hacker Spent Only $2.7K to Steal $140 Million From Brazilian Banks – Decrypt
Hackers stole $140M from Brazilian banks by paying $2.7K for an employee’s credentials, laundering funds via Bitcoin, Ethereum, and Tether in the country’s largest digital heist.
Turkish authorities block PancakeSwap in crackdown on crypto websites
Turkish authorities blocked PancakeSwap and other crypto websites for unauthorized services, citing Capital Markets Law. The crackdown is part of Turkey’s stricter crypto regulations.
Sweden Orders Police to Increase Seizures of Criminal Crypto Profits – Decrypt
Sweden’s Minister of Justice urges authorities to seize more criminal crypto profits under strict forfeiture laws, while some advocate for a national Bitcoin reserve using confiscated assets.
How a $123M crypto scam in Australia laundered millions through a ‘legit’ business
Australian authorities uncovered a $123M crypto fraud involving money laundering through front businesses and cryptocurrencies, with four suspects charged after an 18-month investigation.
Binance taps ex-Gemini exec Gillian Lynch to reboot Europe push
Binance appoints ex-Gemini executive Gillian Lynch as head of Europe and UK to strengthen regulatory compliance and operations under MiCA framework.
Just In: Ondo Finance Acquires Oasis Pro to Build Regulated Tokenized Securities
Ondo Finance acquires Oasis Pro, including SEC-registered broker-dealer and ATS, to expand regulated tokenized securities offerings in the U.S. market.
Phoenix FIRE Exit Scam: $800M Crypto Project Faces Investor Fury as CEO Seeks Dismissal
Phoenix Community Capital CEO Daniel Ianello faces a lawsuit over an alleged $800M exit scam. Investors claim he dismantled the project, transferring funds and shutting down infrastructure. Ianello seeks dismissal, disputing court jurisdiction.
Who’s winning the West’s crypto regulation race?
The article compares crypto regulation approaches in the US, EU, and UK, highlighting US momentum, EU’s MiCA framework, and UK’s cautious stance, discussing impacts on innovation and investment.
Oregon AG Seeks to Block Coinbase Bid to Move Securities Case to Federal Court – Decrypt
Oregon AG opposes Coinbase’s move to transfer a securities lawsuit to federal court, arguing state law applies. The case uses Oregon’s broader Pratt test to classify crypto as securities.
