Today’s headlines are dominated by crypto-related crimes and controversy. In Paris, a botched kidnapping attempt targeting a crypto businessman's daughter has sparked urgent debate on personal security and the misconception that crypto is untraceable, as law enforcement intensifies its crackdown. Meanwhile in the US, Senate will vote on a bipartisan stablecoin bill next week, as Trump pushes for crypto reforms and executives lobby amid concerns over his crypto ties. In a surprising twist, former SEC Chair Gary Gensler is exposed for privately backing crypto, despite leading one of the industry’s most aggressive crackdowns.
A masked gang's attempt to kidnap the daughter of a French crypto businessman in Paris was foiled by a shop-owner wielding a fire extinguisher. Reuters reports a rise in violent attacks on crypto-affluent individuals. French prosecutors are investigating. The interior minister will also meet crypto firms to address security concerns. Chainalysis CEO Jonathan Levin notes that criminals' misconceptions about crypto's traceability may be fueling such crimes, as law enforcement intensifies efforts.
The US Senate is poised to vote on a bipartisan stablecoin bill next week after removing provisions targeting Donald Trump and his family's crypto interests. Crypto executives, including Coinbase's CEO, are lobbying lawmakers in Washington, DC to influence the bill, while Democrats have requested Treasury reports on Trump's crypto ventures over bribery concerns. Meanwhile, President Trump aims to sign stablecoin and market structure legislation before the August congressional recess, reflecting ongoing momentum in US crypto policy reform.
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CFTC Commissioner Summer Mersinger will become CEO of the Blockchain Association in June, marking a significant leadership shift as the crypto sector intensifies its advocacy efforts in Washington.
Standard Chartered has expanded its institutional crypto banking services by partnering with digital asset broker FalconX, aiming to provide a comprehensive suite of banking solutions to the cryptocurrency industry.
Coinbase CEO Brian Armstrong signals ongoing interest in mergers and acquisitions following the $2.9B purchase of crypto derivatives platform Deribit, highlighting the firm's expansion strategy.
Mastercard partners with MoonPay to introduce global stablecoin card services, further expanding its crypto offerings as competition with Visa intensifies.
Coinbase CEO Brian Armstrong has invited staff departing the U.S. Department of Government Efficiency (DOGE) to join the crypto exchange, offering them a new opportunity within the industry.
UBS reports high-net-worth clients in Asia are moving away from US dollar investments, increasingly favoring gold, cryptocurrencies, and Chinese assets for diversification and potential growth.
Kazakhstan is positioning itself as Central Asia's leading crypto hub, with officials highlighting the nation's $1.4 billion crypto market and potential for further growth if regulatory barriers are eased.
Nebraska lawmakers have approved a bill to regulate crypto miners using over 1 MW of electricity. If signed by the Governor, the law will take effect in October, introducing new limits for large-scale mining operations in the state.
Anchorage Digital CEO Nathan McCauley publicly refuted claims of a Department of Homeland Security investigation into the crypto bank, labeling the reports as “bullshit” during a Consensus 2025 panel. No additional headlines directly reference this story.
Despite growing institutional interest in crypto and promises of democratized investing, most people remain excluded from equity markets. Mike Cahill, CEO of Douro Labs, argues that equities are the most ripe for disruption by decentralized finance.
A joint report finds central banks can still conduct effective monetary policy—and potentially act more nimbly—even as financial systems become more decentralized and tokenized.
Crypto startups are pushing away venture capital by seeking valuations up to 80 times their revenues, warns 10T Holdings CEO Dan Tapeiro. High pricing expectations are making it difficult for these companies to secure necessary funding.
Analysts highlight a shift as investors allocate capital from Bitcoin to major altcoins, narrowing the BTC-ETH gap and fueling talk of an impending altcoin season. Market sentiment suggests increased risk appetite and potential for further altcoin rallies.
Telegram has closed thousands of channels linked to suspected Chinese crypto-crime marketplaces, following research by Elliptic. The crackdown targets illicit activity reportedly operating out of Colorado and involving billions in crypto transactions.
Former SEC Chair Gary Gensler reportedly supported crypto privately, despite his public stance, according to US Representative Patrick McHenry.
Zerebro developer Jeffy Yu was found alive after faking his suicide, which sparked a posthumous memecoin surge past $100 million. Yu's case highlights a pattern of crypto personalities vanishing, dying, or misleading the community.
Europol and Spanish police arrested 17 suspects linked to a 'mafia crypto bank' accused of laundering over $23 million in crypto for criminal groups in China and the Middle East.
US authorities charged alleged Sinaloa cartel bosses with narco-terrorism after blockchain investigators traced drug profits laundered through crypto, highlighting the role of digital assets in illicit finance.