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SEC’s Case Against Kraken Going to Trial; PayPal's PYUSD Tops $1B Market Cap
"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines in the crypto industry today, as a California judge ruled that the SEC's lawsuit against Kraken will proceed to trial. Plus, Celsius' bankruptcy administrator paid out over $2.5 billion to creditors, and PayPal's stablecoin, PYUSD surpassed $1 billion in market cap.

Telegram Says It Is Compliant With EU Laws; India’s CBDC Pilot Attracts 5M Users
"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines in the crypto industry today, as Telegram announced in a statement that the messaging platform fully complies with European Union law after the arrest of its CEO Pavel Durov. Plus, India's retail CBDC pilot, and Hong Kong's regulator speaks up on crypto exchanges seeking full licenses in the region.

Donald Trump Promotes Family-Run DeFi Project; Sony Starts Its Own Blockchain
"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines in the crypto industry today, as Donald Trump is pushing a family-run crypto project as he positions himself as a pro-crypto candidate ahead of the November election. Plus, Steno Research says DeFi summer is making a come back, and Sony is starting its own blockchain.

Kamala Harris Signals Interest in Friendlier Stance on Crypto; Binance CEO on Exchange's Future
"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines in the crypto industry today, as one of Kamala Harris' top campaign officials says the Democratic presidential candidate will support policy efforts to encourage the growth of the crypto industry. Plus, Binance's new CEO Richard Teng weighs in on the future of the exchange, and will Robert Kennedy Jr. drop out of the 2024 presidential race?

Trump Tops Harris on Polymarket; German Regulator Seizes 13 Crypto ATMS
"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines in the crypto industry today, as former President Donald Trump is once again in the lead on Polymarket’s election winner contract, with his odds of beating Kamala Harris now standing at 52-47. Plus, Nigeria’s SEC is planning to license issuers of virtual assets including crypto and German regulator BaFin seized 13 crypto ATMs in a raid that spanned a total of 35 locations.

Floki Scores Deals With English Premier League Teams; Mango Markets Prepares SEC Settlement
"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines in the crypto industry today, as Floki has signed deals with various English Premier League teams to feature its FLOKI token and upcoming metaverse game Valhalla. Plus, State Street selects Taurus to provide digital assets services, and Mango Markets is preparing to settle with the U.S. SEC.

Shaq to Defend Himself in NFT Class Action; Do Trump's Election Odds Drive The Price of Bitcoin?
"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines in the crypto industry today as Shaquille O'Neal will have to defend himself against allegations in a class action lawsuit. Plus, the correlation between bitcoin’s price and Donald Trump's victory odds. And, a Dubai court ordered a company to compensate a worker through a cryptocurrency token.

Donald Trump Holds Over $1M in Ether; Nigeria Court Freezes $38M of Crypto
"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines in the crypto industry today, as election disclosures show that Donald Trump holds between $1 million to $5 million in Ether and made over $7 million in an NFT licensing deal. Plus, a Nigerian court issued an order to freeze almost $38 million in crypto, and the NYSE has withdrawn a proposed rule change to trade options based on bitcoin ETFs.

Sen. Schumer Says U.S. Crypto Bill Can Happen This Year; ZynCoin's New Physical Collectible
"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines in the crypto industry today, as Senate Majority Leader Chuck Schumer said at the Crypto4Harris event that U.S. crypto legislation can happen this year. Plus, Jefferies releases a research report on profitability of bitcoin mining and ZynCoin is launching a physical collectible for the $ZYN community called "Comfy."

Goldman Sachs Holds Over $400M in Bitcoin ETFs; Crypto.com's New Sponsorship Deal
"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines in the crypto industry today, as Goldman Sachs reveals in its quarterly 13-F report that it holds positions in seven out of the 11 BTC ETFs in the U.S. Plus, Crypto.com becomes the official sponsor of the UEFA Champions League, and MetaMask readies a blockchain-based debit card developed with Mastercard and Baanx.
