Democrats propose ethics amendments to crypto market structure bill

Ethics Amendments Target Official Crypto Profits US Democratic Senators filed several amendments to crypto market structure legislation on Friday, with a particular focus on preventing government officials from profiting from the cryptocurrency industry. The amendments come ahead of the Senate Agriculture Committee’s markup session scheduled for this Tuesday. One of the most significant proposals comes…

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South Korean lawmaker investigated for attacking Upbit after son joined Bithumb

Political Influence in Crypto Exchange Competition South Korean authorities are looking into allegations that a senior lawmaker used his position to target cryptocurrency exchange Upbit. The investigation centers on Kim Byung-kee, a member of the ruling Democratic Party of Korea, who allegedly began attacking Upbit after his son secured employment at rival platform Bithumb. Kim,…

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US prosecutors sold seized Bitcoin, possibly violating Trump reserve order

Federal Bitcoin Sale Sparks Legal Questions Federal prosecutors in the Southern District of New York, along with the Department of Justice, are facing some serious questions right now. They’re accused of selling millions of dollars in seized Bitcoin, and this move might have directly violated an Executive Order from former President Donald Trump. It’s about…

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