Regulations
Voyager-Binance.US Pause Denied by Bankruptcy Judge
A New York court denied the government’s request to halt the $1 billion deal, saying delay would harm customers.

U.S. Federal Reserve’s Real-Time Payments System Coming in July
The new government-operated payments system – often used as an argument against the need for crypto’s payments innovations – will have its first participants certified within weeks.

SEC Chairman Gensler Suggests Again That Proof-of-Stake Tokens Are Securities: Report
Gensler had previously argued that ether might be a security after Ethereum's transition to proof-of-stake last year.

Chinese Businessman With Ties to Steve Bannon Arrested, Charged With Fraud, Including $500M Crypto Scam
Guo Wengui is accused of engaging in multiple schemes that defrauded investors out of $1.4 billion.

U.S. Lawmakers Digging Through Crypto Legislation for Bipartisan Winners: Senator
Ideas have been gathered from the Senate and House, and lawmakers are trying to figure out what can get bipartisan support, said Senate Banking Committee member Thom Tillis.

Australia's Treasury and Reserve Bank Held Consultations With Coinbase, Others
Private meetings have been held this week around the Treasury's token mapping consultation paper.

Voyager-Binance.US' $1B Deal Should Be Halted, U.S. Government Says
The Department of Justice doesn’t like provisions that would render Voyager immune from prosecution for former wrongdoing

EU Parliament’s Smart Contract Plans Limit Standard-Setting Promise, EU Commissioner Says
Controversial lawmaker proposals on data use may no longer meet original objectives, Thierry Breton told reporters.

Signature Bank Shutdown Caused by 'Crisis of Confidence' in Leadership, NYDFS Says
The New York regulator pushed back against claims it shut down Signature because of crypto.

U.S. Treasury Poised to Release View on How DeFi Used in Illicit Finance
The department has reviewed decentralized finance’s role in such incidents as North Korean ransomware attacks, and will issue a risk assessment, a senior official said.
