With SEC fight over, Coinbase's top legal exec Grewal moves on, and others reassigned
Coinbase Chief Legal Officer Paul Grewal will depart the exchange, though he'll continue as an adviser, he said Thursday. Source：CoinDesk
Newest version of crypto Clarity Act may drop as soon as next week, sources say
After a long stretch without breakthroughs in the crypto market structure bill, insiders say a new draft may emerge in a final push for lateJuly action —…
Federal Reserve announces the leadership and objectives of its task forces to advance the conduct of monetary policy
Federal Reserve announces the leadership and objectives of its task forces to advance the conduct of monetary policy Source：Federal Reserve
A warning for the U.S. dollar: The historic bond-market buffer that protected the currency is fading.
Major dislocations in America’s foreign policy have given a stimulus to a dedollarization trend among central banks. Source：MarketWatch
AI boom fuels inflation fears, complicating Fed’s next rate move
Ongoing strong demand for AI infrastructure “would likely sustain upward pressure on prices for technology products and electricity,” Federal Reserve…
Crypto could benefit if Fed steps in to backstop US stock market: Analysts
The size and scope of the US stock market “gives policymakers a strong incentive to backstop major drawdowns,” said Bitget Wallet COO, Alvin Kan.…
Bank of England governor denies Farage lobbying swayed CBDC policy: Report
Andrew Bailey reportedly said Bank of England policy remained independent after a meeting with Nigel Farage that included discussions on cryptocurrency.…
Citadel drops U.S. Portofino suit, seeks bankruptcy order against firm's founder in UK
After winning a 6 millionpound London arbitration award, Citadel dropped its U.S. trade secrets case, saying another judgment would likely go uncollected.…
Kevin Warsh plans to stop scripting the Fed’s next moves. It could trigger a wild ride for traders.
James Bullard, a former president of the St. Louis Federal Reserve, said Fed Chair Kevin Warsh could decide on policy changes without signaling to the market…
Reserve Bank of India still favors crypto prohibition to curtail tax evasion: Reuters
Indian regulators maintained a hawkish stance despite the growing embrace of digital assets and technology by governments worldwide. Source：CoinDesk
U.S. SEC to propose crypto rule as soon as this month to ease startups, fundraising
A newly updated agenda from the securities regulator shows socalled Reg Crypto high on its nearterm list. Source：CoinDesk
Bitcoin's U.S. reserve still a work-in-progress as federal agencies hash it out
The White House says it's still evaluating the "best structure" for the federal fund to hold bitcoin as a longterm reserve and a separate stockpile of other…