A razor-thin 48-49 Senate vote on Thursday torpedoed the GENIUS Act, and Ripple CEO Brad Garlinghouse says America just ceded the stablecoin race. He blasted lawmakers on X, and U.S. Treasury Secretary Scott Bessent warned that each day’s delay hands global rivals the billions pouring into dollar-pegged tokens. Ripple CEO Takes To Social Media “Stablecoins…
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Weekly Crypto Regulation News Roundup: Trump’s Crypto Links Spark Ethics Concerns, Stablecoin Framework in Limbo
Washington’s crypto battleground erupted this week: the SEC will host a May 12 tokenization summit with Wall Street titans, the Senate hauled Donald Trump’s meme-coin ties into an ethics probe, and a landmark stablecoin bill collapsed by a single vote. SEC Brings Wall Street to Washington for Tokenization Roundtable In a bid to bridge traditional…
Scott Bessent Slams 48-49 Senate Snub – Will GENIUS Act Failure Cost U.S. Crypto Crown?
Key Takeaways: Stablecoin regulation remains fractured following Senate rejection. Treasury Secretary warns that U.S. crypto dominance is at risk without the GENIUS Act. Democrats sank the bill over AML and national security concerns. A controversial 48-49 Senate vote on Thursday to reject the GENIUS Act has sparked an immediate backlash from U.S. Treasury Secretary Scott…
eXch Crackdown: German Police Seize $38M Linked to $1.4B Bybit Hack
German police seized €34 million ($38 million) in crypto from the platform eXch on May 8. This was part of an ongoing investigation into the alleged use of eXch for laundering funds stolen during Bybit’s record-breaking $1.4 billion hack in February 2025. Germany’s Federal Criminal Police Office (BKA) and Frankfurt’s main prosecutor’s office announced the…
30 Years for Funding ISIS: Crypto Trail Leads to Harsh U.S. Sentence
Key Takeaways: U.S. agencies now prioritize tracking crypto terrorism financing globally. Blockchain forensics can expose disguised crypto terrorism funding. Crypto terror financiers now face prison terms equal to violent offenders. A federal judge sentenced Mohammed Azharuddin Chhipa to 30 years and four months in prison for channeling more than $185,000 in cryptocurrency to the Islamic…
How Two Ukrainian Brothers Built a Trading Academy for Refugees and Beginners
Ukraine’s general education system has long overlooked financial literacy and investment education. Schools and even most non-specialized universities barely touch on essential financial knowledge. Recognizing this gap, Kyiv entrepreneur and investor Andrey Trushkovskyi set out to establish the first large-scale trading academy in Ukraine. His elder brother, Tymur Trushkovskyi, who had built a successful career…
Bitcoin Price Blasts Past $103k While Best Wallet Raises $12m, BEST Airdrop Ends 15 May
The bitcoin price has blasted past $103,000, and Best Wallet ($BEST) has just raised $12 million for its native token. Crypto is back and Best Wallet is set to be one of the big winners. It is rated among the best non-custodial wallets with their own native token, and is also highly rated in the…
Pi Network Price Prediction: May 10 Decision Could Decide Everything as Unlocks Loom
May 10 could be pivotal for PI as the momentum spurred by rumors of a Binance listing begins to show its cracks, weighing on bullish PI Network price forecasts. The upwards move has been snubbed at the $0.80 resistance—a barrier that has capped gains since mid-April. With a total of $18 million PI tokens scheduled…
Trump’s Crypto Posts on Truth Social Aren’t What They Seem
A POLITICO story has revealed how a Washington lobbyist has been iced out of the White House for angering Donald Trump — but it also illustrates the president’s approach to dictating crypto policy. Back in March, you’ll remember how an out-of-the-blue post on Truth Social announced that the U.S. was planning to create a “crypto…
AI Agents Are Going to Manage Our Money. But DeFi Isn’t Ready
Imagine having an employee who could trade on your behalf on a decentralized exchange. This employee doesn’t need coffee breaks, doesn’t sleep, and doesn’t expect to be paid. They can crunch inhuman amounts of data, execute trades, and refine strategies on the fly, without you having to lift a finger. One day, this employee won’t…