The Chat Control law is aimed at combating child exploitation material, but Meredith Whittaker said it’s just the latest proposed tactic to undermine encryption.
cointelegraph.com
Crypto Super PAC spends $2M on attack ad targeting NY lawmaker [cointelegraph]
Democratic Representative Jamaal Bowman in New York’s 16th Congressional District has voted against three pro-crypto bills in the last 30 days.
Ethiopia takes first step toward CBDC in economic reform [cointelegraph]
The country plans to have a legal framework and regulatory sandbox in place for CBDC introduction “as necessary.”
Digital asset funds see biggest weekly outflow since March [cointelegraph]
According to data from a CoinShares report, weekly total outflows for digital asset funds hit $600 million on June 14.
Crypto trading firm Cumberland secures New York BitLicense [cointelegraph]
The New York State Department of Financial Services lists 33 companies holding licenses, allowing them to offer crypto-related products and services.
Coinbase International announces support for pre-launch market [cointelegraph]
Users will be able to trade futures of soon-to-be-listed tokens and coins on the exchange.
Tether launches gold-backed, US dollar stablecoin Alloy [cointelegraph]
The new synthetic dollar is the first step in the rollout of a real-world asset tokenization platform, said Tether.
FTX victims go after company’s assets from criminal forfeiture [cointelegraph]
Though Sam Bankman-Fried is currently serving a prison sentence, affected FTX customers and creditors are making claims on the firm’s assets, which are still worth millions.
Former SEC official David Hirsch says he is not joining Pump.fun [cointelegraph]
Rumors have been circulating that the recently retired SEC veteran is taking on a private role in the digital asset sector.
BTC price risks $62K dip as Bitcoin sellers return to exchanges [cointelegraph]
Bitcoin exchange inflows increase with little relief in sight for those eyeing a BTC price renaissance.