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US Senator blasts AG pick for ‘dismantling’ crypto unit, Trump’s CZ pardon

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President Donald Trump’s pick for US Attorney General faced criticism from members of the Senate Judiciary Committee on his approach to crypto enforcement and the pardon of former Binance CEO Changpeng Zhao.

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Manhattan US Attorney leading probe into Binance’s Iran compliance: Bloomberg

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The investigation is examining whether Binance knowingly allowed trading that violated US sanctions on Iran, months after reports first revealed a Justice Department probe.

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Saudi Arabia exits China-backed mBridge CBDC project: FT

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Saudi Arabia has left mBridge, a cross-border CBDC platform that has drawn scrutiny from US policymakers, according to the Financial Times.

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Ondo lets institutions convert stocks directly into tokenized shares

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Ondo’s new in-kind conversion system allows approved institutions to mint and redeem tokenized stocks and ETFs using the underlying securities instead of cash.

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