The U.S. Department of Justice says the financial scheme of a terrorist organization was disrupted after authorities confiscated a substantial amount of the group’s crypto funds. In a statement, the DOJ announces the seizure of $201,400 in USDT held in wallets and accounts set up to support the activities of Hamas, the Palestinian armed group […]
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A bipartisan piece of legislation aimed at combating illegal blockchain activities has been reintroduced to the U.S. House of Representatives. According to a new press release, Republican Representative Zach Nunn of Iowa and Democrat Representative Jim Himes of Connecticut have together reintroduced the Financial Technology Protection Act, a bill that aims to counter illicit digital […]
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President Donald Trump’s pick to run the U.S. Securities and Exchange Commission (SEC) says that the lack of regulatory clarity stymies the growth of the crypto industry. During his nomination hearing before the Senate Banking Committee on March 27th, Paul Atkins said that he has witnessed how regulations impact markets and investors. “Since 2017, as […]
The post Trump’s Choice for SEC Chair Says Creating a ‘Firm Regulatory Foundation’ for Crypto Will Be a Top Priority appeared first on The Daily Hodl.
The U.S. Securities and Exchange Commission (SEC) is announcing four more roundtable events in 2025 for its task force to discuss the digital assets industry. According to a new press release, the regulatory agency plans to add four roundtable discussions about crypto assets and how they are regulated to its calendar of events. The discussions, […]
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The new Chair of the U.S. Securities and Exchange Commission (SEC) reportedly has a crypto portfolio worth millions of dollars. According to a new report from Fortune, an ethics disclosure reveals that Paul Atkins – President Donald Trump’s nominee to be the next SEC Chair – holds about $6 million in crypto-related investments, including $1 […]
The post New SEC Chair Paul Atkins Holds $6,000,000 in Crypto-Related Investments – Here’s His Portfolio: Report appeared first on The Daily Hodl.
Senator Elizabeth Warren is worried a bipartisan stablecoin bill working its way through Congress doesn’t do enough to address the systemic risks she thinks the dollar-pegged assets pose. Senator Bill Hagerty (R-TN) introduced the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act in February. The legislation, which aims to establish regulatory clarity for […]
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The U.S. Treasury Department is reportedly asking a federal judge to not make a final ruling in the Tornado Cash sanctions lawsuit, drawing criticism from Coinbase’s top attorney. In September 2022, a group of Tornado Cash users sued the U.S. Treasury Department over the decision to add the crypto mixer to the Specifically Designated Nationals […]
The post U.S. Treasury Department Sees No Need for Final Judgement in Tornado Cash Sanctions Suit: Report appeared first on The Daily Hodl.
The asset management giant Fidelity hopes to launch a blockchain-tracked share class for one of its existing funds. The Fidelity Treasury Digital Fund is 99.99% invested in U.S. Treasury bills. A new filing with the U.S. Securities and Exchange Commission (SEC) indicates the firm hopes to launch a new “OnChain” share class for the fund […]
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The losses suffered by Americans as a result of fraudulent bank transfers and payments have significantly increased over the past five years, according to government numbers. Data from the Federal Trade Commission (FTC) shows that US consumers lost $2.088 billion to fraudulent bank transfers and payments in 2024. The amount is significantly higher than the […]
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The deputy director of China’s National Laboratory of Finance and Development reportedly says that the country should expand the scope of its digital yuan amid President Trump’s embrace of cryptocurrencies. In an opinion piece posted on the official Chinese publication the Study Times, Zhang Ming says that stablecoins anchored to the US dollar dominate the […]
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