Kraken’s Powell claims in lawsuit he was denied housing due to crypto ties
Kraken co-founder Jesse Powell filed a housing discrimination suit, alleging a San Francisco building’s management blocked a sale due to his involvement with crypto.
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Solana ETFs will not see significant demand — Sygnum research head
Low uptake of Grayscale’s Solana fund is an early indicator, she said.

Bitcoin ETFs: A $600 billion tipping point for crypto
A United States appellate court directed the Securities and Exchange Commission (SEC) in August to reassess its denial of Grayscale's application for a Bitcoin exchange traded fund (ETF). A little-noted consequence of that decision is that it could open the floodgates for $600 billion in new cash to enter the cryptocurrency market.ETFs provide investors with

Crypto community eyeing three macro events to tip crypto scales in July
The crypto community is looking into three key dates this month that could profoundly impact the trajectory of the crypto market and the wider United States macroeconomic environment this year. On July 13, the monthly Consumer Price Index (CPI) and data relating to inflation will be released to the public. On July 26-27, a decision will…

Thai authorities raid illegal Bitcoin mine behind local power outages
Illegal Bitcoin mining has been a growing problem in Southeast Asia, with operators exploiting the region’s relatively low electricity costs

Pakistan proposes compliance-based crypto regulatory framework — Report
The government of Pakistan is embracing cryptocurrencies following the regulatory pivot in the United States. Regulators in Pakistan have proposed a regulatory framework for digital assets that is compliance-focused, in accordance with rules laid out by the Financial Action Task Force (FATF), the supranational organization that polices finance for money laundering, The Express Tribune reported.

BIS report warns about front-running threat in crypto mining
A fresh report from the Bank for International Settlements comes to a radical conclusion, claiming that the public identities of intermediaries are necessary to fight “miner extractable value.” 169 Total views 3 Total shares Since 2020, miners on the Ethereum blockchain have extracted around $600 million from other investors by miners, according to a new…

Russia Delays Adoption of Crypto Regulation Due to FATF Order to Legislate Bitcoin
Russia has postponed the adoption of crypto legislation due to a requirement from the Financial Action Task Force on Money Laundering (FATF), local news agency TASS reports on May 21.According to the report, the FATF has recently ordered Russian lawmakers to expand the terminology of the federal bill on the regulation of crypto assets, requiring…

Crypto Biz: Consolidation ramps up among crypto firms
This week’s Crypto Biz examines recent acquisitions in the crypto industry, Tether’s plans for a dirham stablecoin, and Polychain’s investment in the Bitcoin protocol Corn.