White 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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Tag:
Rejects
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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. …
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Regulation
Court Rejects Musk’s $101B Tesla Pay Package (Again)—DOGE Takes a 3% Dip
by shayaanby shayaanA judge has rejected Elon Musk’s $56 billion compensation package for a second time. This is despite Tesla shareholders voting to reinstate …
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Smart Contracts
Australia ‘Risks’ Falling Behind as RBA Governor Rejects Crypto’s Financial Role
by shayaanby shayaanReserve Bank of Australia (RBA) Governor Michele Bullock recently delivered blunt criticism of crypto, stating that digital assets such as Bitcoin have …
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