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California
Robinhood's Former Ban on Crypto Withdrawals Draws $3.9M Settlement in California
The popular trading app's sunsetted ban on customer crypto withdrawals caught the ire of California's attorney general.
SEC’s Case Against Kraken Going to Trial; PayPal's PYUSD Tops $1B Market Cap
"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines in the crypto industry today, as a California judge ruled that the SEC's lawsuit against Kraken will proceed to trial. Plus, Celsius' bankruptcy administrator paid out over $2.5 billion to creditors, and PayPal's stablecoin, PYUSD surpassed $1 billion in market cap.
Russia Legalizes Crypto Mining; California’s DMV Loads 42M Car Titles On-Chain
"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines in the crypto industry today, as Russia's State Duma passed a law that fully legalizes cryptocurrency mining in the country. Plus, California’s DMV digitized 42 million car titles on the Avalanche network, and The Bahamas is back with a new law that tightens its crypto guidelines.
California DMV Puts 42M Car Titles on the Avalanche Network in Digitization Push
Developed by Oxhead Alpha, the system will let users transfer vehicle titles in minutes and without going to an office versus the two week time frame in the traditional system.
USC Professor's Crypto Startup 'Sahara' Raises $6M to Reward AI Trainers
Sahara co-founder Sean Ren, a computer science professor at the University of Southern California, says his tech can help workers and businesses get compensated for their knowledge, data and expertise in the age of AI.
Crypto Political Operation Targets California's Katie Porter by Undermining Her Base
A leading industry super PAC, Fairshake, is appealing directly to young crypto holders in Porter's state to reject the congresswoman's Senate bid
Crypto Political Group Fairshake Targets California Senate Candidate Katie Porter
The super PAC said it's spending millions to oppose the Democrat lawmaker in her Senate race, but her campaign says it's a "scheme to mislead voters."
Alleged Crypto Investment Scam Worth $80M Sees Four People Charged With Money Laundering in U.S.
The four allegedly obtained the money through so-called pig-butchering and other fraudulent schemes.
Crypto World Hopeful as California Chases BitLicense in Absence of U.S. Feds
The BitLicense axis between New York and California may draw in other jurisdictions as the states solidify their position as the only regulatory option for crypto businesses in the U.S.
Key Driver Behind Bitcoin's Price Spike; California's Crypto Licensing Bill Signed Into Law
"CoinDesk Daily" host Jennifer Sanasie breaks down the hottest crypto headlines today, including the factors that caused bitcoin to briefly spike to $30,000. When will a crypto licensing bill signed by California Governor Gavin Newsom take effect? Plus, Tether freezes accounts linked to terrorism and warfare in Israel and Ukraine.
