Senator Calls Coinbase A ‘Corruption Factory’ — The Exchange’s CLO Fires Back
Coinbase’s top lawyer and a US senator traded fierce public claims this week, putting the exchange at the center of a fresh political fight over campaign donations and regulation. Related Reading: SBF Defends FTX: ‘We Had $8 Billion, Not Insolvency’ Allegations Of Political Payoff According to Senator Chris Murphy, Coinbase gave $46 million to support […]
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California Governor Gavin Newsom on Friday teased a new satirical memecoin called “Trump Corruption Coin,” part of what he described as a broad push to mock US President Donald Trump’s growing ties to the crypto scene. Related Reading: Metaplanet Pushes Bitcoin Holdings Over $2 Billion With New Purchase The governor made the remark during a […]
U.S. Senator Sherrod Brown has sent letters to cryptocurrency exchanges and stablecoin issuers, including Coinbase, Gemini, Binance, and Tether, asking how they are protecting consumers and investors. “I have significant concerns with the non-standardized terms applicable to redemption of particular stablecoins,” the senator said.
US Senator Raises Concerns Regarding Stablecoins
U.S. Senator Sherrod Brown (D-Ohio), chair of the U.S. Senate Committee on Banking, Housing, and Urban, announced Tuesday that he has sent letters to a number of crypto exchanges and....
China has taken another step into blockchain-based finance, but in a way that avoids direct involvement with cryptocurrencies. Related Reading: California Gov. Newsom Fires Back At US President With ‘Trump Corruption Coin’ Tease A state-owned firm in Shenzhen has launched a digital bond offering on Ethereum, showing how the country is selectively embracing new technology […]
Senator Kempis’ draft bill calls for a central bank digital currency to be legal tender in Mexico and claims state intervention is native to human rights.
According to Bloomberg and several other news outlets, Crypto.com has pushed back against a report that a 2023 breach exposed user details and was kept from authorities. Related Reading: Coinbase Faces Customer Fury — Exec Promises To Do Better The story centers on a hacking group known as Scattered Spider and a young suspect who, […]