U.S. Banking Groups Urge SEC to Scrap Cyber Disclosure Rule, Citing National Security Risks
U.S. banking groups urge SEC to withdraw cybersecurity disclosure rules, citing national security risks, operational disruptions, and potential advantages to hackers from premature incident reporting.
Trump Media Plans $3B Raise to Buy Bitcoin and Crypto Assets as Ethics Firestorm Looms
Trump Media plans a $3 billion raise to buy Bitcoin and crypto assets, expanding Trump-affiliated holdings. Legal experts assess ethics implications, while market analysts note potential liquidity impacts.
FTX Founder Sam Bankman-Fried To Leave Jail Earlier – Coinspeaker
FTX founder Sam Bankman-Fried may serve less than his 25-year sentence due to good conduct and prison programs. His parents seek a pardon, while his release is estimated for December 2044.
Sam Bankman-Fried to Walk Free in 2044 – BOP Quietly Knocks 4 Years Off 25-Year Term
Sam Bankman-Fried’s prison term reduced to under 21 years, with release set for 2044. FTX creditors to receive up to 120% payout as SBF associates face sentencing for their roles in the $8B fraud.
Veteran capital in crypto is shaping South Korea’s elections
Cryptocurrency is a key issue in South Korea’s snap presidential election, with candidates proposing crypto-friendly policies like Bitcoin ETFs and easing banking restrictions to attract digital asset investors.
Coinbase Hit With Class Action Over Alleged Disclosure Failures and Data Breach – Legal Bitcoin News
Coinbase faces a class action lawsuit alleging it misled investors about compliance failures and data security risks, resulting in shareholder losses.
Cardano ETF Odds Hit ATH Ahead of May 29 Deadline: Will SEC Finally Approve? | CoinGape
Cardano ETF approval odds reach 71% as the SEC’s May 29 deadline approaches. ADA’s price rises amid speculation, but uncertainty remains due to potential delays like other crypto ETFs.
Sam Bankman-Fried may get early release, Bureau of Prisons estimates
Sam Bankman-Fried’s 25-year sentence may be reduced to under 21 years due to good behavior and program participation, with potential release by December 2044.
Pakistan appoints special assistant to PM on blockchain and crypto
Pakistan PM appoints Bilal Bin Saqib as special assistant on blockchain and crypto to draft regulations, oversee mining projects, and integrate blockchain in governance.
Hong Kong Passes Stablecoin Bill, Tightens Grip on Digital Dollar Issuers – Brave New Coin
Hong Kong passes a new law requiring stablecoin issuers to obtain licenses, aiming to enhance investor protection and regulatory oversight in the digital asset market.
