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Latest from Nikhilesh De
Libra Association Names HSBC Chief Legal Officer as First CEO
The Libra Association named HSBC Chief Legal Officer and former U.S. Under Secretary of the Treasury Stuart Levey as its new CEO. Levey will take the reins later this year.

Crypto Forensics Firm TokenAnalyst Shuts Down, Some Employees Hired by Coinbase
TokenAnalyst is shutting down after 2.5 years of operations, with some employees moving on to new roles at Coinbase.

ICE Spent 'Nearly $300M' Helping Bakkt Acquire Loyalty Firm Bridge2
ICE spent close to $300 million acquiring Bridge2 Solutions for Bakkt, CEO Jeffrey Sprecher said in an earnings call Thursday.

11 Lawmakers Urge US Treasury to Consider Blockchain for COVID-19 Relief
Rep. Darren Soto and 10 other members of Congress want the Treasury Department to consider using a blockchain platform to streamline the distribution of funds meant to stimulate the U.S. economy.

Judge Approved Blockchain Association’s Brief in Kik Case Despite SEC Objections
U.S. District Judge Alvin Hellerstein allowed the Blockchain Association to file a brief in the SEC v. Kik case a day after the regulator filed an objection to letting the group comment.

New York Regulator Hires Former IRS Silk Road Investigator as General Counsel
The New York Department of Financial Services has appointed former IRS Criminal Investigations head Richard Weber as its new general counsel.

Cross-Border Payment Portal Checkout.com Is Latest to Join Libra Association
Checkout.com, a digital payment processor that focuses on cross-border transactions, has become the 24th member of the Libra Association.

SEC, Kik Continue Court Clash Over $100M Kin Token Sale
The SEC and Kik doubled down on their respective views of whether the 2017 KIN token sale was a securities transaction in new legal filings published late Friday.

US Authorities Freeze COVID-19 Website Alleged Scammer Tried to Sell for Bitcoin
The U.S. departments of Justice and Homeland Security seized coronaprevention.org after its owner allegedly tried to sell it for $500 in bitcoin.

Bakkt CEO Mike Blandina Steps Down 4 Months After Taking Role
Mike Blandina, Bakkt’s CEO since December 2019, will be stepping down from the role, CoinDesk has learned.
