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The Latest Breaking News from Leo Schwartzleoschwartzfortunecomleomschwartz

Ethereum ETFs are coming. Can they revive tepid crypto markets?

SEC Chair Gary Gensler said on Tuesday that the approval process is "going smoothly."

Fortune

Does Donald Trump have a memecoin now?

Recent speculation around Trump's blockchain plans shows why crypto will be an agent of chaos for the upcoming elections.

Fortune

Don’t look now, but Binance is back on top

The crypto exchange's native BNB hit a record high after its enigmatic founder checked into his five-star prison.

Fortune

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The SEC backs out of Salt Lake City after disastrous crypto lawsuit results in $1.8 million penalty, citing ‘significant attrition’

After a judge took the rare step of sanctioning the SEC for its actions in the DEBT Box case, the agency closed the regional office that brought the lawsuit.

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Former FTX executive Ryan Salame is not pleased with his prison sentence

Despite pleading guilty, Sam Bankman-Fried's former lieutenant received a harsher sentence than prosecutors asked for—and took to X to voice his displeasure.

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The House prepares for a historic crypto vote as the political tides shift

The House is poised to advance the comprehensive FIT21 bill today, which would establish a regulatory framework for the blockchain sector.

Fortune

With the fake Bitcoin ETF approval, Gary Gensler created his own worst nightmare

The reluctant SEC chair turned an esoteric financial vehicle into a three-ring circus.

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Coinbase is playing a ‘dangerous game’ against the SEC with its stablecoin USDC

By offering a yield to investors, the leading crypto exchange could be putting its prized stablecoin at risk.

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The crypto use case of 2023: Law enforcement

Respondents to a TRM Labs survey estimated that 40% of offenses investigated by their agencies involved crypto.

Fortune

The House version of the Warren-Marshall anti-money laundering crypto bill has hit a McHenry-sized obstacle

Rep. Sean Casten is struggling to find a co-lead for his version of the Warren-Marshall bill.

Fortune

So why isn’t a Pokemon card a security?

Figures from SEC Commissioner Hester Peirce to Rep. Ritchie Torres have weighed in on the pressing crypto question, without clarity from regulators.

Fortune

Inside Gary Gensler’s efforts to remake the SEC

How a former Goldman Sachs banker became the most divisive SEC chair in decades.

Fortune

Binance avoided a death sentence—but the slow bleed is yet to come

The long-awaited settlement with the crypto exchange avoided FTX territory.

Fortune

What’s the deal with Hamas and crypto?

Tether, not Bitcoin, seems to be the new global center of gravity for illicit financing networks.

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In D.C., crypto is pivoting to tokenization—if AI doesn’t take the spotlight first

The nation's capital is shifting its tone on digital assets.

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The Sam Bankman-Fried trial is an indictment of the crypto industry

Blockchain acolytes are trying to pretend that FTX never happened.

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Crypto has a DeFi problem

The current war in Israel has made terrorist financing through crypto a top priority in D.C.

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California’s crypto bill reveals the fractured state of digital asset regulation

In the absence of federal action, states are leading the way on oversight—including new legislation out of California.

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The White House's top crypto critic departed. What does that mean for a stablecoin bill?

Senior aide Bharat Ramamurti established himself as one of the top economic voices in the Biden administration.

Fortune

Crypto's advocate at the CFTC still has doubts about DeFi

Even CFTC Commissioner Summer Mersinger has her reservations about decentralization and liability.

Fortune

Did Sam Bankman-Fried's mother enable the FTX straw donor scheme?

A new lawsuit alleged that Sam Bankman-Fried's mother was instrumental to campaign finance violations.

Fortune

The U.S. Senate is getting sick of crypto

Lawmakers are moving on to the next shiny object: AI.

Fortune

Inside Circle's tumultuous attempt to build the future of money

Why is the USDC developer losing to Tether?

Fortune

Crypto keeps picking the worst champions

The Department of Justice filed charges against the creators of a crypto mixing service last week.

Fortune

Beware of pig butchering. Romance and investment crypto scams are on the rise, says Binance

How to watch out for the growing scheme.

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