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Is post-Merge Ethereum PoS a threat to Bitcoin's dominance?

Cory Klippsten, the CEO of Swan Bitcoin, shares his views on how "the competition for liquidity" between Bitcoin and Ethereum will play out after the latter's switch to a proof-of-stake system.

California Gov. Newsom vetoes crypto licensing and regulatory framework

Opposing Assembly Bill 2269, Newsom recommended a “more flexible approach” that would evolve over time while considering the safety of consumers and related costs.

Biden's anemic crypto framework offered us nothing new

The cryptocurrency industry needs substantive proposals that aim to do more than simply mitigate potential damage. The Biden administration's framework failed to acknowledge crypto's advantages.

Wintermute suffers $160M attack, Kraken CEO departs and US bill aims to ban algo stablecoins: Hodler’s Digest, Sept. 18-24

The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — one week on Cointelegraph in one link!

Framework to ban members of Congress and SCOTUS from trading stocks includes crypto provision

A bill based on the proposed framework banning crypto investments could help to "restore the public's faith and trust in their public officials," according to Zoe Lofgren.

Moscow Exchange drafting bill on digital financial assets and securities trading: Report

Russia's stock exchange expects to become a registered digital asset exchange and begin trading both digital financial assets and digital asset-based securities.

Pentagon contracts with Inca Digital for a security-focused digital asset mapping tool

The creator of the Nakamoto Terminal will help the government and businesses understand the interaction of traditional and digital financial systems and track money into and out of blockchains.

Lawyers for Celsius investors file motion to have interests represented in court

The legal team requested the court appoint a committee representing certain shareholders or the case could end up "inappropriately and inequitably skewed in favor of the customers."

XRP hits 13-month high versus Bitcoin with 35% daily surge — But is a correction inevitable?

The XRP price rally appears to be driven by a "buy-the-rumor" frenzy in a potential lawsuit win for Ripple versus the SEC.

IRS to summon users who don't report and pay tax on crypto transactions

The summons requires M.Y. Safra Bank to submit information about taxpayers who failed to report and pay their taxes on crypto.

GitHub unbans Tornado Cash repositories following OFAC guidance

Ethereum developer Preston Van Loon encouraged GitHub to fully restore Tornado Cash’s repositories after partial unbanning.

Israeli crypto exchange receives capital markets license in country first

Earlier this week, the Israeli crypto exchange became the first crypto firm in the country to receive a license enabling it to work with local banks.

CTFC slammed for 'blatant regulation by enforcement' over Ooki DAO case

The CFTC’s actions have even been met with strong pushback from its own commissioner, while others have drawn comparisons to the SEC’s regulation by enforcement tactics.

Rep. Warren Davidson: Stablecoin bill has 'outside chance' of finalizing this year

Earlier this week, new draft legislation on stablecoins came to light aimed at “endogenously collateralized stablecoins.”

Rushing ‘token mapping’ could hurt Aussie crypto space — Finder founder

Australian crypto entrepreneur Fred Schebesta said Australia already has a “fledgling” crypto industry but needs to “align with the other major markets."

XRP price breaks out of range with a 25% rally, but why?

XRP attracts buyers after the hope of a positive court ruling triggers a 25% rally above a key longer term resistance level.

UK gov't introduces bill aimed at empowering authorities' to 'seize, freeze and recover' crypto

King Charles announced the bill in May to both houses of the U.K. Parliament, saying it was aimed at tackling illicit finance, reducing economic crime and helping businesses grow.

South Korean gov has confiscated 260B KWR in crypto for non-payment of taxes since 2021

The country began seizing crypto to offset tax arrears last year.

Russian officials approve use of crypto for cross-border payments: Report

Deputy Finance Minister Alexei Moiseev said the policy describes "how to acquire cryptocurrency, what can be done with it" and its use in cross-border settlements.

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