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Lawmakers introduce bill to remove SEC chair — but do they have the authority?

A Supreme Court decision ruled that the U.S. president could not remove commissioners except for “standard of inefficiency, neglect of duty, or malfeasance.”

Breaking: US lawmakers file 'SEC Stabilization Act' to fire Gary Gensler

"U.S. capital markets must be protected from a tyrannical Chairman, including the current one," Congressman Warren Davis wrote in reference to SEC head Gary Gensler.

UK to get ‘early or priority access’ to AI models from Google and OpenAI

It’s unclear at this time what access the U.K. will receive, but the reported commitment could be the first of its kind.

US court dismisses BitGo’s claims in $100M lawsuit against Galaxy Digital

Vice Chancellor J. Travis Laster of the Delaware Court of Chancery said Galaxy had a “clean termination right” to the acquisition of BitGo, which it announced in 2022.

AI Eye: Is AI a nuke-level threat? Why AI fields all advance at once, dumb pic puns

Is AI an existential threat like nuclear weapons, or as likely to kill us as a toaster? Why all AI fields advance at once, and dumb pic puns.

Democrats ‘war on crypto’ will lose its key voters: Winklevoss twins

Young people have been shown to be the biggest crypto adopters that also largely voted for the Democrats in the last election.

Binance CEO CZ responds as data points to billions in exchange outflows

Data analytics platforms have reported billions of dollars in outflows from Binance over the last week, but this can be misinterpreted, argues Changpeng Zhao.

'Near impossible to know' what is and isn't a security: Mark Cuban on SEC

The billionaire is the latest to argue that the United States Securities and Exchange Commission hasn’t provided crypto firms with a registration process to follow.

SOL is not a security, says the Solana Foundation

The SEC has labeled the SOL token as a security in two separate lawsuits filed on June 5 and June 6 against crypto exchanges Binance and Coinbase.

U.S. Senator Lummis revamps efforts for crypto regulations amid SEC lawsuits

The regulatory framework will allow individuals and companies to own and trade digital assets in America.

Hong Kong legislator invites Coinbase to the region amid SEC scrutiny

Hong Kong fosters a favorable environment for industry growth amid its active regulation and dedication to becoming a digital hub.

The US will find the 'right outcome' for crypto, eventually – Coinbase CEO

During an interview with WSJ, Coinbase CEO Brian Armstrong explained that entrepreneurs who departed from the United States will return when the government finds the "right outcome" for crypto regulation.

FTX authorized to 'permanently redact' customer names from all bankruptcy filings

The court has granted FTX permission to remove customer names from all bankruptcy filings in an effort to protect them from scams and identity theft.

Binance, Coinbase head to court, and the SEC labels 67 crypto-securities: Hodler’s Digest, June 4-10

The SEC sues Binance and Coinbase, and labels dozens of coins as securities. Both the crypto exchanges paused services while promising legal battles in courts.

Nigeria regulator halts Binance operations: Report

According to Nigeria's securities regulator, Binance is neither registered nor regulated in the country, making its operations illegal.

EU needs further efforts to implement crypto regulations: Btc. x CEO

The CEO of Btc. x mentioned the possibility of governments deeming the MiCA framework inadequate, leading to a two-sided power dynamic.

Nigeria to tax crypto, digital assets 10% on capital gains — Experts react

The legislation aims to enhance fiscal transparency, boost revenue and recognize cryptocurrencies as legitimate assets.

Ooki DAO to shut down after 'precedent setting' court battle with CFTC

The CFTC highlighted that “critically, in a precedent-setting decision” the Ooki DAO was held in court as “‘person’ under the Commodity Exchange Act.”

SEC charges against Binance and Coinbase are terrible for DeFi

The SEC’s charges against Binance and Coinbase could have far-reaching consequences for decentralized finance.

DeFi volumes surge 444% after Binance, Coinbase lawsuits: Finance Redefined

The top-100 DeFi tokens by market capitalization had a bearish week as the total value locked in these protocols fell below $50 billion again.

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