Cryptocurrency regulation and policy
CONGRESS FAILED TO PASS THE CLARITY ACT — SO THE CFTC JUST LEGALIZED LEVERAGED CRYPTO TRADING FOR RETAIL AND ADMITTED IT CANNOT MAKE ANYONE USE IT
The Senate couldn't pass the CLARITY Act, so the CFTC wrote the rules itself: Regulation CTX and Regulation CAM would let...
CHINA BANNED CRYPTO FOR 13 YEARS — CHAINALYSIS SAYS SELF-CUSTODY WALLETS GREW 43X ANYWAY
Chainalysis found unique peer-to-peer stablecoin wallets in China grew 43-fold in two years and now drive 59.1% of a $176 billion...
FINCEN JUST KILLED THE DRAGNET FOR YOUR SELF-CUSTODY WALLET — AND TOLD YOU IN WRITING IT’S COMING BACK
FinCEN quietly withdrew its 2020 unhosted-wallet reporting rule and its 2023 “primary money laundering concern” finding on crypto mixing. Coin Center...
THE SEC JUST ADMITTED SELF-CUSTODY IS REAL — THEN BURIED IT UNDER A CONDITION
The SEC proposed new crypto custody rules on Oct 1, letting advisers and funds hold client crypto themselves — but only...
THEY PUT A BITCOIN DEV IN A CELL WITH A MURDERER FOR WRITING CODE — THE MEN WHO STOLE $388 MILLION ARE STILL SWAPPING IT IN THE OPEN
Keonne Rodriguez is serving five years for writing privacy software — he slept on half a mattress next to a man...
The Senate Just Killed the Biggest Crypto Bill in History – And Proved Why You Can’t Trust Washington With Your Money
They took the millions. Then they killed the bill anyway. The U.S. Senate just voted 49-50 to murder the Digital Asset...
THE FED JUST HIKED FOR THE FIRST TIME IN 3 YEARS – AND 16 OF 18 BANKERS ARE ALREADY TELLING YOU ANOTHER ONE IS COMING
The Fed raised rates 25 basis points today - its first hike since July 2023 - and 16 of 18 bankers...
FED DECISION DAY: 12 UNELECTED BANKERS, 85% ODDS OF A HIKE, AND BITCOIN STILL TAKING THE FALL FOR WASHINGTON’S CRIMES
The Fed decides today at 2 p.m. ET with ~85% odds of a rate hike — one day after the Senate...
18 STATE PROSECUTORS JUST TOLD CONGRESS TO KILL THE CRYPTO BILL — THE FINE PRINT PROVES NOBODY IS FIGHTING FOR YOU
Hours before the Senate vote, 18 state AGs led by Letitia James demanded the crypto bill die. The fine print explains...
THE SENATE VOTES ON YOUR BITCOIN MONDAY — AND BOTH PARTIES ARE ABOUT TO SELL YOU OUT
67 million American crypto holders get their last realistic shot at federal rules before 2027 on Monday — and the odds...
Quick Reads
A CHAT PROMPT CAN NOW FIND A BITCOIN BUG IN ONE TRY. BITCOIN CORE JUST ADMITTED IT CANNOT KEEP THEM SECRET ANYMORE.
Bitcoin Core merged a new disclosure policy on October 22 because LLMs made some bugs trivial to find. Its own Red...
THE GOVERNMENT MOVED $1.7 BILLION OF SEIZED BITCOIN INTO COINBASE AND CALLED IT CUSTODY
Over three days, U.S. wallets moved up to 21,500 BTC into Coinbase Prime. The same institutions that told you to trust...