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Arizona Governor Katie Hobbs signed House Bill 2749 into law on Wednesday.The bill enables the integration of crypto assets into Arizona’s unclaimed property framework by establishing a crypto reserve fund.
StarkWare general counsel Katherine Kirkpatrick Bos said the OCC has shifted its approach and now appears to favor a focus on integrating crypto within banking frameworks.
According to Bloomberg, citing sources familiar with the matter, G7 leaders may discuss the escalating threat of North Korea-supported cyber attacks and cryptocurrency theft activities at next month's summit in Canada. The sources said that North Korea's funding of its regime through cybercrime has raised "serious alarms" - White House officials previously disclosed that North Korea is financing its military weapons program through cryptocurrency looting.
Binance founder Changpeng Zhao confirmed he applied for Donald Trump to pardon his money laundering conviction after denying earlier reports that he’d done so.
Bitcoin rose 2.8% on Wednesday morning in Asia after U.S. and Chinese trade representatives announced plans to hold an ice-breaker meeting in Switzerland this weekend.
Senate Democrat Richard Blumenthal sent letters to World Liberty Financial and Fight Fight Fight LLC to investigate potential conflicts of interest related to President Donald Trump’s crypto activities.
After revisions from February to April, with long-term capital entering the market and a redistribution of holdings completed, the market has become relatively stable internally.
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