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FTX Founder Sam Bankman‑Fried Pushes For New Trial In New York

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Sam Bankman‑Fried, the co-founder and former chief executive of collapsed cryptocurrency exchange FTX, has filed a request for a new trial in New York on Tuesday, arguing that fresh witness testimony could undermine the government’s case against him.  Bid To Revive FTX Trial As reported by Bloomberg, the motion, dated February 5 and entered into […]
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‘Big Short’ Investor Michael Burry Issues Warning As Bitcoin Crashes Toward $65,000

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Only days after issuing a fresh warning to the Bitcoin (BTC) community, Michael Burry — the Wall Street investor made famous by his bet against the US housing market ahead of the 2008 financial crisis — appears, at least so far, to be proven right.  As of Thursday, Bitcoin was trading near $65,850, extending losses […]
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Inside The White House’s Crucial Crypto Meeting With Banks: Main Takeaways

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White House officials met on Monday with leaders from the crypto industry and major banking trade groups in an effort to ease a key regulatory dispute that has slowed progress on the long‑anticipated crypto market structure legislation, known as the CLARITY Act.  The meeting focused on one of the most contentious issues holding up the […]
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Crypto Market Structure Legislation Clears Senate Agriculture Committee: Here’s What’s Next

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The long‑anticipated crypto market structure legislation known as the CLARITY Act cleared a significant procedural step on Thursday, after the Senate Agriculture Committee approved its portion of the bill during a scheduled markup earlier in the day. According to crypto journalist Eleanor Terrett, the committee voted to advance the measure by a narrow 12–11 margin […]
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Binance Leads Push To Offer Tokenized US Stocks Outside Traditional Markets

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Major cryptocurrency exchanges are reportedly positioning to bring tokenized stock trading onto the blockchain, signaling a renewed push to merge traditional financial markets with digital assets.  According to a report published Friday by The Information, platforms such as Binance are exploring ways to offer crypto tokens that track publicly listed US companies, effectively creating new […]
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Kansas Senator Proposes Bill For State’s Strategic Bitcoin Reserve And ETF Investment

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On Thursday, Senator Craig Bowser introduced a new piece of legislation aimed at creating a Strategic Bitcoin and cryptocurrency reserve for Kansas state.  The proposal, filed as Bill 352, would permit the Kansas Public Employees Retirement System (KPERS) to allocate up to 10% of its total funds into Bitcoin exchange-traded funds (ETFs). Kansas Bitcoin Bill  […]
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US Treasury Secretary Discusses Strategic Bitcoin Reserve Plans As Price Crashes Below $90,000

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On Tuesday, US Treasury Secretary Scott Bessent confirmed plans for the country’s Strategic Bitcoin Reserve (SBR), coinciding with a sharp decline in BTC and the overall cryptocurrency market.  All Seized Bitcoin To Be Held In Strategic Reserve In a discussion about the government’s approach to BTC and the recent seizures of the cryptocurrency, Bessent reassured […]
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Tennessee Plans Strategic Bitcoin Reserve Allocating Up To 10% Of State Funds

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Despite facing a significant setback with the delay of the crucial vote on the crypto market structure bill, cryptocurrency adoption continues to gain momentum across the United States. Tennessee is now looking to follow Texas’s lead by introducing a new bill, HB1695, aimed at establishing its own Strategic Bitcoin Reserve. Tennessee’s Bitcoin Reserve Proposal  According […]
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DeFi Education Fund Urges Senators To Reject Proposed Amendments In Crypto Bill Markup

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As the Senate Banking Committee prepares to mark up the newly proposed draft of the crypto market structure bill, the DeFi Education Fund has released a list of amendments it strongly urges senators to oppose.  In a recent post on social media platform X (formerly Twitter), the organization expressed concerns that the descriptions of the […]
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Senator Warren’s Warning: SEC Receives Letter On Potential Losses With Crypto In 401(k) Funds

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Senator Elizabeth Warren has reached out directly to Securities and Exchange Commission (SEC) Chair Paul Atkins, questioning how the regulatory agency intends to uphold its mandate of investor protection while supporting President Donald Trump’s executive order to allow crypto investments in retirement plans. Warren Against Crypto In Retirement Plans Warren expressed deep concerns in a […]