The House Foreign Affairs Committee advanced a resolution urging the Nigerian government to release Tigran Gambaryan, the U.S. citizen, Binance executive, and former IRS employee, who lawmakers say is being wrongfully detained. The House Financial Services Committee held an SEC oversight hearing, covering regulatory clarity, stablecoins, NFTs, special purpose broker dealers, and more. Meanwhile, Operation Choke Point 2.0 concerns are reaching new heights, as filings in the Silvergate bankruptcy proceedings suggest increased supervisory pressure from federal banking regulators forced the bank to liquidate. On the campaign trail, VP Harris offered pro-digital asset comments in a speech and new economic policy platform, but because the language mirrors that used by the Biden-Harris Administration, it's unclear to what extent this marks a meaningful shift. In the courts, a federal judge denied a Tornado Cash developer's motion to dismiss criminal charges, allowing the case to proceed to trial in December.
All Rights Reserved. Copyright , Central Coast Communications, Inc.