U.S. Treasury official Graham Steele told an audience at a Texas payments conference that a future CBDC in America should consider anonymity. Privacy and the ability to transact anonymously should be considerations in the design of a digital dollar, a United States Treasury official has said. On June 13 the Treasury Department’s Assistant Secretary for...Continue Reading

United States District Judge Amy Berman Jackson has ordered the two entities to work toward a compromise. Binance.US and the United States Securities and Exchange Commission have agreed to work on an arrangement that will allow the exchange to avoid freezing all of its assets. On June 14, Bloomberg reported that U.S. District Judge Amy Berman...Continue Reading

Stuart Alderoty is joined by a number of other high profile individuals calling for an investigation into the former SEC official. Ripple’s chief legal officer Stuart Alderoty has called for an investigation into the motivations that led to former SEC official William Hinman delivering his now-infamous speech in 2018. Alderoty’s demand for an investigation came...Continue Reading

The securities regulator said it would make a recommendation within 120 days on Coinbase’s rulemaking request, but says the action has “no merit.” The United States securities regulator has asked for four more months to provide a response to Coinbase’s request for crypto regulatory clarity. In a June 13 letter submitted to the U.S. Court...Continue Reading

While several theories emerged, the Binance CEO asserted that no BTC or BNB trading activity is happening behind the scenes. Binance CEO Changpeng “CZ” Zhao has refuted accusations that Binance has been secretly selling Bitcoin (BTC) to artificially stabilize the price of its native token Binance Coin (BNB). The rumors have come from several market commentators, including...Continue Reading

Cybernetic organizations automate decision-making so that DAO actions can be taken without proposals — implementing law through code. What makes a decentralized autonomous organization (DAO) a DAO? In practice, the democratic structure of these organizations has been compromised because a number of self-purporting DAOs are operating like traditional corporations. With this in mind, developers at...Continue Reading

John Deaton, a crypto lawyer and founder of CryptoLaw, told Cointelegraph that released Hinman documents highlight the need for Congress to intervene and provide clarity in governing digital assets. On June 13, the long-awaited Hinman documents were finally unsealed and released to the public. The unveiled documents offer valuable insights into a significant speech delivered...Continue Reading

According to Elliptic, a blockchain analysis company, an estimated 5,500 crypto wallets have been affected by the attack. Atomic Wallet, a noncustodial decentralized wallet, has been hit by a staggering exploit, leading to users reporting losses of their entire cryptocurrency portfolios. This unforeseen breach has sent shockwaves through the crypto community, as Atomic Wallet’s fundamental...Continue Reading