Crypto News: Seizures, Regulatory Backlash, and Blocked Legislation German authorities seized $38 million in crypto linked to the Bybit hack, highlighting cross-border efforts to combat crypto crime. SEC Commissioner Crenshaw criticized the SEC's settlement with Ripple, raising concerns about the agency's credibility. Finally, Democrats blocked the GENIUS stablecoin bill in the US Senate due to concerns about President Trump's influence. It's a wild world of crypto regulations and law enforcement.
Saturday, May 10, 2025
Crypto News: Seizures, Regulatory Battles, and Legislative Stalemate Germany seized $38M in crypto from a Bybit hack-linked exchange, an SEC commissioner slammed the Ripple settlement, and the GENIUS stablecoin bill stalled in the Senate. #Crypto #Regulation #LawEnforcement
Crypto News: Seizures, Regulatory Backlash, and Blocked Legislation German authorities seized $38 million in crypto linked to the Bybit hack, highlighting cross-border efforts to combat crypto crime. SEC Commissioner Crenshaw criticized the SEC's settlement with Ripple, raising concerns about the agency's credibility. Finally, Democrats blocked the GENIUS stablecoin bill in the US Senate due to concerns about President Trump's influence. It's a wild world of crypto regulations and law enforcement.
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