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US Senate Advances GENIUS Stablecoin Legislation Despite Democrat Opposition
The U.S. Senate voted Monday to advance the Guiding and Establishing National Innovation for U.S. Stablecoins Act (GENIUS Act), a bill aimed at regulating stablecoins, following a 66-32 procedural vot...

Robinhood Presses SEC for Clarity on Tokenizing RWAs in Bid for On-Chain Stock Trading: Report
Robinhood has submitted a 42-page proposal to the U.S. Securities and Exchange Commission (SEC) requesting regulatory clarity on the tokenization of real-world assets (RWAs) and its potential applicat...

House Committee Pressures JPMorgan Chase, Bank of America to Abandon Major Hong Kong Deal
China hawks in Congress are pressuring executives at the financial giants JPMorgan Chase and Bank of America to back out of their business with a controversial China-based electric car battery firm. L...

Lawyers for Tornado Cash Developer Say Federal Prosecutors Withheld Critical Evidence From Court
Tornado Cash founder Roman Storm’s legal team is accusing the government of withholding information from the court. Storm was arrested in 2023 and slapped with charges related to allegedly launderin...

$360,000,000,000 Asset Manager Says US Government Bonds No Longer Working As Hedge Against Risky Assets: Report
Kohlberg Kravis Roberts (KKR) reportedly says that US Treasuries are no longer an effective hedge against risk assets, creating a new demand for diversification. KKR, which had over $360 billion in as...

Whale Holding $2,190,000,000 in Bitcoin Withdraws More BTC From Binance in Accumulation Spree: Lookonchain
A large entity is reportedly accumulating more Bitcoin (BTC) from the world’s top crypto exchange Binance, according to blockchain tracking firm Lookonchain. Lookonchain reports that one crypto whal...

Remember When MAGA Thought A Few Stern Emails From The Gov’t Made Twitter A State Actor? About That…
Here’s a question about the First Amendment and social media companies that used to just be in the realm of crazy law school hypotheticals: What makes social media sites “state actors” subject t...

Beer 2.0 – The Memecoin That’s Brewing Something Bigger on Solana
May 20, 2025 – Victoria, Seychelles Beer 2.0 aims to be more than a nostalgic nod to its predecessor. It’s a fresh...

Man Faces Multiple Charges in Alleged $350,000 Check Kiting Scam Targeting US Banks
A 42-year-old man from Connecticut has been taken into custody for his alleged role in a check fraud ring that stole hundreds of thousands of dollars from US banks. In a website post, the Connecticut ...

Wall Street Ponke Launches With AI Tools, Learning Hub and Over $300,000 Raised in Hours
May 20, 2025 – Dubai, United Arab Emirates Wall Street Ponke gains $300,000 in hours as project attracts early investors. The world of memecoins is always moving fast, and Wall Street Ponke is beg...

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