Author: American Coins & Gold

DOJ Said to Snub Sullivan & Cromwell, Appoint Competitor to Coveted Binance Monitorship: Bloomberg
The Department of Justice (DOJ) has chosen a London-based consulting firm for a coveted three-year monitorship of Binance, according to a Friday report from Bloomberg citing anonymous sources.

EigenLayer Opens Claims for Airdrop of EIGEN Token, Though It's Non-Transferable
Perpetual futures markets price the fully diluted value of the token at around $15 billion.

DOGE and NEAR Lead CoinDesk 20 Gainers: CoinDesk Indices Market Update
The Near Protocol’s Near token has more than doubled in price in 2024.

Celo Community Ratifies Plan to Use Optimism's OP Stack for New Layer-2 Chain
The vote passed with overwhelming support, with 65 addresses representing 14.6 million CELO tokens signaling approval for the measure.

Jack Dorsey Says Bitcoin Price Will Go Beyond Million in 2030
Dorsey, who led the social media platform from 2015 to 2021, developed a strong interest in crypto during that time and is now fully focused on the sector.

U.S. CFTC Proposes Ban on Political Event Contracts
The U.S. Commodity Futures Trading Commission (CFTC) proposed a formal rejection of event contracts that bet on the outcome of political activity in a vote on Friday, beginning an effort to wall off U.S. customers from platforms that allow the trading of predictive contracts.

Crypto Custody Tech Firm Fireblocks Unveils New York-Regulated Trust Company
Fireblocks is also convening a licensed and qualified crypto custodian partner program with a starting line up of custodians from the U.S., the United Arab Emirates, Britain, Singapore, Thailand and Australia.

Shouldn't All These Crypto Lawyers Start Learning About Crypto?
The industry should expect its legal experts to effectively articulate how these innovative technologies are driving changes in how we understand money, privacy and governance.

Bitcoin's Modest Rally Cut Short, Price Tumbles Back Below K
Stagflationary U.S. economic data and hawkish remarks from a Fed speaker appeared to sour the bullish mood.

Fatemeh Fannizadeh on Crypto Law, Switzerland and How KYC Is Failing
Fannizadeh, a lawyer specializing in the crypto industry at Geneva Legal, is a speaker at this year’s Consensus festival, May 29-31, in Austin, Texas.