A research-driven crypto investment firm, Paradigm, recently filed an amicus brief supporting the co-founder of Tornado Cash, Roman Storm. In the filing, the court argued that the jury needs to be clearly briefed on the definition of the law of what the functioning of a money-transmitting business involves. On June
Following the agreement to restore a truce between the US and Chinese officials, the crypto market saw a rise. The agreement was made after discussions in London in the last two days. Both countries finally agreed to enter the Pre-Liberation status quo. After this deal, the price of Bitcoin once
The Digital Asset Market Clarity Act has recently passed two major House Committees and is now moving forward for a full floor vote. On June 11, the bill got a 32-19 vote from the House Committee and a 47-6 vote in the House Agricultural Committee on June 10. The House
The government of the United States has requested that the Supreme Court accept the Coinbase users’ challenge against the Internal Revenue Service’s effort to obtain their crypto transaction records. On May 30, Solicitor General D. John Sauer claimed in his filing that the user of Coinbase, James Harper, has no
The White House AI and crypto czar, David Sacks, has so far been seen promoting Bitcoin and wider crypto adoption as a part of the tech and economy strategy of the Trump administration. Sacks attended the Bitcoin 2025 conference in Las Vegas, in which he highlighted the efforts of the
A resident of Danvers, a town in Massachusetts, was convicted of operating an unregistered Bitcoin transmitting business and was sentenced as it breached federal anti-money laundering laws. On May 23, the resident was sent to six years in prison for operating an unlicensed Bitcoin money transmitting business that authorities claim
The Bitcoin Policy Institute (BPI) has recently released a policy manifesto to urge the US to lead in the Bitcoin Infrastructure. On May 21, the BPI issued a 21 21-page policy framework to place the US as a global leader in the Bitcoin infrastructure. The head of policy of BPI,
The American financial services company, Robinhood Markets Inc., is reportedly making a blockchain platform to trade tokenized U.S. securities for European investors. On May 7, Bloomberg in its report mentioned that this step will possibly include a collaboration with a digital-asset company, with Arbitrium (ARB) and Solana (SOL) being seen
New Hampshire has hit a major milestone after the Governor of the state signed the bill HB 302 into law on May 6. The governor posted on X, mentioning that New Hampshire is once again first in the nation. She further added that she has signed a new law permitting
The House Republicans have introduced a new Digital Asset Market Structure Discussion Draft on May 5. The draft is focused on cutting the dominance of big crypto companies and increasing participation in the wider market, according to an official from Paradigm. Glenn Thompson and French Hill, the House agricultural and
