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Evita Pay founder Iurii Gugnin has been accused of using sanctioned Russian banks to launder millions into the US, with the funds used in part to undermine American interests. A crypto founder has been arrested in New York for allegedly using his crypto firm, Evita Pay, to funnel around $530 million into the US from…
Paul Atkins called the right to self-custody a “foundational American value” when addressing regulators and industry leaders discussing DeFi. US Securities and Exchange Commission (SEC) Chair Paul Atkins took aim at the previous administration’s crypto policies in the regulator’s latest roundtable event exploring digital asset regulation. In a Monday event led by the SEC’s crypto…
ETF issuers say abandoning the long-held first-to-file method stifles innovation and rewards lazy behavior on the part of filers. Exchange-traded fund (ETF) issuers VanEck, 21Shares and Canary Capital sent a letter to the US Securities and Exchange Commission (SEC) urging a return to the “first-to-file” principle of approving ETF applications in the order they were…
Digital asset industry advocates supported congressional candidates in Florida’s special elections in April, and now New Jersey prepares to elect its next governor. Registered voters in New Jersey will soon decide who their party candidates will be for the state’s 2025 gubernatorial race, and positions on digital assets could influence the outcome. On June 5,…
The Justice Department has filed a civil forfeiture complaint to seize crypto and NFTs allegedly tied to laundering efforts by North Korea. The US Department of Justice has moved to seize $7.74 million in crypto allegedly earned by North Korean IT workers using fake identities and working at blockchain firms as remote contractors. The funds…
Bitcoin-friendly European Parliament Member Sarah Knafo says Europe is still at the beginning of the digital revolution, which will help it compete with economies like China and the US. The European Parliament is set to vote on a technology sovereignty proposal submitted by the Committee on Industry, Research and Energy (ITRE) under the leadership of…
RWAs are benefiting from increasing US crypto regulatory clarity, which has pushed the tokenization sector past $23 billion. The tokenization of real-world assets (RWAs) surged in the first half of 2025 as increased regulatory clarity fueled broader adoption of blockchain-based financial products. Real-world asset tokenization refers to financial and other tangible assets minted on the…
Roughly four months since his nomination and amid announced departures at the CFTC, Brian Quintenz’s nomination to head the financial regulator is moving forward. Brian Quintenz, a former commissioner on the US Commodity Futures Trading Commission (CFTC), may have the opportunity to chair the agency after his nomination by President Donald Trump moved to the…
The California State Assembly passed a bill that would allow state agencies to accept crypto for payment in a unanimous 68-0 vote, which will now head to the Senate. California has taken a step closer toward embracing crypto after a bill allowing state departments to accept digital currencies sailed through the state’s lower house with…
The Senator’s comments addressed the tensions between the US and China, citing US generals based in Southeast Asia. US Senator Cynthia Lummis has indicated that certain divisions within the American military are backing the idea of a national Bitcoin reserve to address threats from economic wars. During a Bloomberg interview on June 3, Lummis said…