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Kraken reaches $30M settlement with SEC over staking as IRS seeks user information

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“Kraken not only offered investors outsized returns untethered to any economic realities, but also retained the right to pay them no returns at all,” said Gurbir Grewal.

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Coin Market

Strategy’s STRC falls to $91 as investors flinch at latest BTC buying

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“It appears traders are seeing the latest BTC acquisition as an unsustainable path for STRC,” said 10x Research’s Markus Thielen.

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Coin Market

Congress reaches deal on housing bill with CBDC ban until 2030

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The US could soon temporarily ban a central bank digital currency, as House and Senate leaders came to a deal on a housing bill inclusive of a ban.

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Illinois governor approves crypto transaction tax despite industry uproar

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“There is effectively no comparable state financial transaction tax on stocks, bonds or derivatives anywhere in the country,” said a16z general counsel Miles Jennings.

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