SEC ends probe into Aave after four years, CEO says

SEC ends probe into Aave after four years, CEO says

According to a letter posted by the protocol’s founder and CEO, the US agency does “not intend to recommend an enforcement action” against Aave. Stani Kulechov, founder and CEO of Aave, said the US Securities and Exchange Commission ended a four-year investigation into the decentralized finance platform.  In a Tuesday X post, Kulechov provided an…

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SEC commissioner says Crypto is ‘helping to nudge reassessment’ on privacy

SEC commissioner says Crypto is ‘helping to nudge reassessment’ on privacy

The SEC’s crypto task force held its sixth roundtable event, hosting representatives from digital asset advocacy groups and other organizations. Regulators at the US Securities and Exchange Commission met with cryptocurrency industry leaders on Monday to discuss financial surveillance and user privacy, as part of the agency’s ongoing efforts to shape digital asset oversight. In…

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Trump has 11 on his Fed chair list, 3 may be crypto-friendly

Trump has 11 on his Fed chair list, 3 may be crypto-friendly

The Trump administration is considering 11 candidates to replace Jerome Powell; some have previously signalled a constructive stance toward crypto. The Trump administration is considering at least 11 candidates to replace Jerome Powell when his term as Federal Reserve chair expires in May. At least three of them have taken positive stances toward crypto. Treasury…

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New crypto advocacy group debuts at Wyoming summit

New crypto advocacy group debuts at Wyoming summit

The American Innovation Project’s board includes executives from the Solana Policy Institute, Blockchain Association, Paradigm, Digital Currency Group and Coinbase.  A group of crypto industry figures has launched a nonprofit lobbying arm to engage US policymakers and the public on digital asset issues. A nonprofit organization headed by significant figures in the cryptocurrency and blockchain…

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Ex-Kamala Harris campaign adviser joins Coinbase advisory council

Ex-Kamala Harris campaign adviser joins Coinbase advisory council

David Plouffe previously worked as an adviser for Alchemy Pay, Binance, former President Barack Obama’s and former Vice President Kamala Harris’ presidential campaigns. David Plouffe, who worked as an adviser on former US Vice President Kamala Harris’ 2024 presidential campaign, will be joining Coinbase’s Global Advisory Council. In a Thursday notice, Coinbase said Plouffe would…

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Trump administration reportedly shutters DOJ’s crypto enforcement team

Trump administration reportedly shutters DOJ’s crypto enforcement team

The US Department of Justice has reportedly disbanded the Biden-era National Cryptocurrency Enforcement Team. The United States Department of Justice (DOJ) is reportedly disbanding the National Cryptocurrency Enforcement Team (NCET). NCET’s disbandment was noted in a four-page memo by United States Deputy General Todd Blanche, according to a Fortune journalist who claims to have seen…

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