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Alabama
Crypto PAC Spent Millions to Get Alabama Candidate on Path Toward Congress
Shomari Figures just won the Democratic primary in Alabama after $2.7 million in outside support from one of the digital assets industry's main campaign-finance operations.
Sen. Tuberville on Bill to Block Chinese Ownership of American Crypto Companies
Sen. Tommy Tuberville (R-Ala.) and Sen. Kirsten Gillibrand (D-N.Y.) recently introduced a bipartisan bill to amend the Commodity Exchange Act to prohibit entities organized or established in China from acquiring a U.S. digital asset broker, dealer, custodian, or exchange. The Alabama lawmaker joins CoinDesk's Jennifer Sanasie to discuss the legislation, along with the future of crypto regulation in the United States.
Coinbase Violated Securities Laws With Staking Program, Multiple U.S. State Regulators Allege
The crypto exchange is facing scrutiny from a task force of 10 U.S. state securities regulators including in Alabama and California after getting sued by the SEC on the same day.
US State Regulators Investigating Crypto Trading Firm Genesis Global Capital: Barron’s
Several regulators, including the Alabama Securities Commission, are looking into whether Genesis may have violated securities laws, according to the report.
Texas, Other States Open Investigation Into Celsius Following Withdrawal Freeze
Former SEC Senior Trial Counsel and Partner at Moses & Singer LLP Howard Fischer weighs in on the news that several U.S. states including Texas and Alabama are investigating Celsius Network’s decision to halt customer withdrawals.
OpenSea Suspends Trading of Sand Vegas Casino Club NFTs
OpenSea has suspended the trading of "Gambling Apes" non-fungible tokens (NFTs) from the Sand Vegas Casino Club. This comes after regulators in Texas and Alabama ordered trading to halt as the NFTs were categorized as unregistered securities. ”The Hash” group discusses how securities laws relate to NFTs and crypto regulation on a state level.
Texas, Alabama Securities Regulators Block Sales of ‘Metaverse’ Casino NFTs
“What happens in the Metaverse, does not stay in the Metaverse,” says Texas Securities Commissioner.
State Regulators Crack Down on Voyager Digital's Crypto Interest Offering
The coordinated legal push resembles BlockFi's legal battle, which ended in a $100 million fine and pledges to register as a security.
Texas Cracks Down on BlockFi, Joining Alabama, New Jersey
Texas is the latest state after Alabama and New Jersey to join the list of jurisdictions filing a cease-and-desist order against BlockFi, with its regulators alleging on Thursday the crypto lender's Interest Account (BIA) product is a security under state rules. CoinDesk's Nikhilesh De discusses the latest developments swirling around BlockFi and its regulatory implications.