Acum 2 h
Digital Chamber brings crypto firms to Washington as Senate prepares RFIA market structure markup
The Digital Chamber plans to host more than 50 member companies in Washington, D.C., on Thursday to brief Senate offices on the Responsible Financial Innovation Act market structure bill. Senate Agriculture and Banking Committees are expected to move toward markup in mid-January, with Senator Tim Scott scheduling a Jan. 15 vote on market structure. Analysts and lawmakers have warned that the 2026 U.S. midterm elections and potential government shutdowns could influence the bill's timing and prospects.
Selectat
Acum 2 h
Acum 2 h
Alleged Crypto Scam Boss Linked to $15 Billion Bitcoin Seizure Deported from Cambodia to China
On January 6, Cambodian authorities arrested businessman Chen Zhi and deported him to China, where he is accused of running a large‑scale crypto scam and money laundering network tied to a 127,000 BTC seizure worth around $15 billion. Chen, founder of Cambodia-based Prince Group, now faces potential prosecution under Chinese law, as investigators detail how funds allegedly flowed through shell companies, exchanges, and mining operations. Regulators and crypto firms have been working to trace and freeze assets, with reported U.S. losses from similar “pig-butchering” schemes reaching $3.6 billion in 2024.
BTC
BTC-2.44%
Acum 2 h