A US appeals court has rejected crypto-focused Custodia Bank’s request to reopen its legal fight with the Federal Reserve over access to …
Rejects
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Smart Contracts
Judge Rejects RICO Claims in Lawsuit Over Pastor-Led Crypto Ponzi Scheme
by shayaanby shayaanIn short RICO claims in a class action lawsuit against a pastor were dismissed by a federal judge. The pastor in question, …
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The bitcoin mining industry is facing a severe hashrate shakeout, leading many independent operators to cease operations. In response, Hash2cash is pushing …
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Regulation
Russia bets on stablecoin payments, rejects cryptocurrency as legal tender
by shayaanby shayaanThe Russian government is considering legalizing stablecoin payments while banning the use of cryptocurrencies for the same purpose. The fiat-pegged coins are …
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The legal crisis surrounding trade policies in the US is deepening. Last month, the US Supreme Court ruled that President Donald Trump’s …
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Markets
Trump’s crypto adviser rejects Dimon on treating yield-bearing stablecoins like banks
by shayaanby shayaanWhite House adviser Patrick Witt said yield-bearing stablecoins needn’t to face bank rules because the Genius Act bars issuers from lending reserves. …
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Regulation
Pro-Ripple Lawyer Rejects Sam Bankman-Fried Pardon as New FTX Solvency Data Surfaces
by shayaanby shayaanProminent crypto attorney and U.S. Senate candidate John Deaton has escalated his opposition to any pardon for former FTX CEO Sam Bankman-Fried, …
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In brief The Ninth Circuit has denied Kalshi’s emergency request for an administrative stay Nevada can now file a civil enforcement action …
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Mining
Arkansas Senate Rejects Bill Restricting Bitcoin Mining Near Military Sites
by shayaanby shayaanThe Arkansas Senate has rejected Senate Bill 60, which sought to prohibit digital asset mining businesses from operating within 30 miles of …
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Regulation
Brazilian Congresswoman Sounds Alarm on Drex CBDC Risks, Rejects Cash Elimination Bill
by shayaanby shayaanJulia Zanatta, a Brazilian congresswoman, has raised concerns about the effects of implementing drex, the Brazilian CBDC, on the lives of citizens. …