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Regulations
The Crypto Industry’s Influence on U.S. Elections is Bigger Than Ever, Industry Insiders Say
Crypto-focused PACs are shaping the outcome of certain key Congressional elections.

'CryptoDad' Giancarlo Joins Paxos Board
J. Christopher Giancarlo, a former chief of the U.S. Commodity Futures Trading Commission, has joined the board of directors for the firm that issues the PayPal stablecoin.

Tornado Cash Developer Alexey Pertsev Found Guilty, Sentenced to 64 Months in Prison by Dutch Court
Alexey Pertsev was first jailed in the Netherlands in August 2022.

Industry Stakeholders Believe a UK Election Won't Derail Crypto Plans
A U.K. election is expected to happen this year, but it likely won't change the trajectory of the country's crypto policy efforts.

Philippines' Central Bank Gives Approval to Coins.ph to Pilot Stablecoin in Key Remittance Market
Coins.ph plans to integrate the stablecoin into remittance platforms in countries with significant remittance flows to Philippines, one of the world’s largest remittance markets.

Indian Crypto Exchange CoinDCX’s DeFi Arm Okto to Launch Blockchain and OKTO Token
The objective of Okto is to give global users a single-click mobile experience while traversing the Web3 space.

U.S. Blocks China-Tied Crypto Miners as 'National Security Risk' Near Nuke Base
President Biden ordered a halt to the MineOne operation near Warren Air Force Base, citing Chinese ownership, foreign technology and proximity to a strategic missile base.

FalconX Settles With CFTC for $1.8M Over Failure to Register as Futures Commission Merchant
In addition to paying monetary penalties, FalconX must stop providing U.S.-based customers access to crypto derivatives trading platforms.

U.S. Senators Question Justice Department's Pursuit of Crypto Mixers
Senators from both parties, Cynthia Lummis and Ron Wyden, questioned the use of money-transmitter laws in cases such as those against Samouri Wallet and Tornado Cash.

Custody Provider Liminal Wins Approval in Abu Dhabi as It Extends Expansion in Asia
The company has also secured registrations in India and Dubai.
