Author: American Coins & Gold

SEC's Gensler Won't Reveal his View on Trump's Bitcoin Reserve, Reiterates Bitcoin Isn't a Security
U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler reiterated his stance that bitcoin is “not a security” but doubled down on his stated position that regulatory clarity exists for the crypto space in an interview with CNBC on Thursday.

Bitcoin Holds Above K as China Stimulus Sends Conflux’s CFX, Dog Memes Running High
Bitcoin rose by 3%, trading above $65K with U.S. spot bitcoin ETFs seeing one of their largest inflow days at $365 million,

Global Effort Disrupts Russia Linked Network Using Crypto to Evade Sanctions, U.S. Charges Two Russians
Russian nationals Sergey Ivanov and Timur Shakhmametov have been charged for their involvement in operating money laundering services that catered to cybercriminals using cryptocurrencies, U.S. authorities announced on Thursday.

Crypto PACs Dominate Ohio Senate Race, Spending M on Sherrod Brown's Foe
The colossal campaign spending from the cryptocurrency industry is showing up in dominant fashion in Ohio’s U.S. Senate race, where its political action committees have devoted $40 million to support Republican Bernie Moreno’s opposition of Sen. Sherrod Brown (D-Ohio), the crypto-skeptical chairman of the Senate Banking Committee.

Tornado Cash Dev Roman Storm’s Criminal Case Will Proceed to Trial, NY Judge Orders
The U.S. Department of Justice’s (DOJ) case against Tornado Cash developer Roman Storm will proceed to trial, a New York judge ruled during a telephonic hearing on Thursday.

DePIN: Reshaping the Internet and Empowering Users
Brian Trunzo, Global Head of Business Development at Polygon Labs, argues that DePINs represent an opportunity to build new useful services, while redistributing control and value to end-users.

Protocol Village: Helium Mobile Strikes Sponsorship Deal With USC Trojans

Canada's CBDC Departure Risks Web3's Interoperable Future
A lack of interoperability poses an existential threat to central bank digital currencies, as it does to Web3 itself, says Temujin Louie, CEO of Wanchain.

Bitcoin Hits K for First Time Since Early August, Renewing Investor Interest in Spot ETFs
Bitcoin is back to levels not seen in nearly two months as it pushed past the $65,000 mark during U.S. late morning hours on Thursday.

Inflation Should Moderate in August, Boosting the Crypto Outlook
PCE, an alternative measure of inflation, is starting to ease up, setting the stage for easier money policies from the Fed. If so, that’s good news for risk assets like bitcoin and ether, says Scott Garliss.