Cryptocurrency advocacy group Coin Center has filed an amicus brief challenging prosecutors’ arguments in the high-profile case of two brothers accused of a $25 million Ethereum exploit. The organization contends that the government’s ‘honest validator’ theory lacks legal merit and could set dangerous precedents for blockchain participants. This intervention highlights growing tensions between crypto advocates and regulatory enforcement approaches.
about Coin Center Challenges DOJ in $25M Ethereum MEV Exploit CaseCoin Center
0 in Finance and 0 in Crypto last weekUS Prosecutors Oppose Coin Center Amicus in MEV Exploit Case
US prosecutors are pushing back against cryptocurrency advocacy group Coin Center’s attempt to file an amicus brief in the high-profile MEV exploit case against two brothers. The government argues crypto policy debates belong in Congress, not courtrooms. The case involves allegations of a $25 million exploit on the Ethereum blockchain.
about US Prosecutors Oppose Coin Center Amicus in MEV Exploit CaseCoinbase Urges Treasury to Modernize AML with AI, Zero-Knowledge Tech
Coinbase has launched a sweeping critique of U.S. anti-money laundering regulations, calling them “broken” and urging the Treasury Department to embrace artificial intelligence, APIs, and zero-knowledge proofs to combat financial crime in digital assets. The crypto exchange’s formal proposal argues that decades-old Bank Secrecy Act requirements have created an ineffective compliance system that burdens consumers, stifles innovation, and creates privacy risks through repeated KYC data collection. As Treasury compiles industry responses for congressional review, the debate highlights growing tension between traditional financial oversight and emerging blockchain technologies.
about Coinbase Urges Treasury to Modernize AML with AI, Zero-Knowledge TechU.S. Crypto Tax Reform: 4 Tokens to Watch in 2025
The U.S. Senate Finance Committee’s October 1 hearing on crypto taxation could fundamentally reshape how digital assets are treated under American law, creating a potential regulatory catalyst for four standout tokens. As Coinbase, Coin Center, and other influential voices provide testimony advocating for reforms like small transaction exemptions and fairer staking reward treatment, the stage is set for significant market movements. This regulatory clarity may particularly benefit assets ranging from established institutional favorites to emerging retail opportunities, with Little Pepe (LILPEPE), XRP, Ethereum, and Solana positioned to capture value in this transforming landscape.
about U.S. Crypto Tax Reform: 4 Tokens to Watch in 2025Crypto Funding Surges as Senate Eyes Tax Rules
The cryptocurrency sector is experiencing unprecedented financial momentum as major players secure massive funding rounds while regulatory bodies intensify their examination of digital assets. Kraken has completed a $500 million funding round at a $15 billion valuation, while Tether is pursuing a historic $20 billion raise that could value the stablecoin issuer at $500 billion. Simultaneously, the US Senate has scheduled a crucial October 1 hearing on crypto taxation, signaling heightened regulatory attention to the rapidly evolving digital asset landscape.
about Crypto Funding Surges as Senate Eyes Tax RulesSEC’s ‘Crypto Mom’ Peirce Jokes About NFT Future, Defends Role
SEC Commissioner Hester Peirce, known throughout the cryptocurrency industry as ‘Crypto Mom,’ used a speech at a Coin Center event to address persistent speculation about her future at the regulatory agency. Blending humor with pointed commentary, Peirce joked about potential careers as an NFT creator or beekeeper but firmly reaffirmed her current focus: working to ‘get crypto policy right’ during a period of significant regulatory uncertainty for digital assets in the United States.
about SEC's 'Crypto Mom' Peirce Jokes About NFT Future, Defends RoleUS Senate Hearing on Crypto Taxation Set for October 1
The US Senate Finance Committee is poised to hold a pivotal hearing on October 1 that could define the future of digital asset taxation in the United States. With testimony expected from major industry players like Coinbase and policy advocates from Coin Center, the session, titled ‘Examining the Taxation of Digital Assets,’ will confront pressing debates over outdated rules and controversial provisions like the corporate alternative minimum tax (CAMT) that critics argue unfairly target crypto companies.
about US Senate Hearing on Crypto Taxation Set for October 1Coinbase Exec to Testify at Senate Crypto Tax Hearing
The U.S. Senate Finance Committee will convene next Wednesday for a pivotal hearing on digital asset taxation, featuring testimony from Coinbase Vice President of Tax Lawrence Zlatkin and Coin Center Policy Director Jason Somensatto. The session, chaired by Senator Mike Crapo, directly follows the White House Digital Asset Working Group’s July framework that called for recognizing cryptocurrency as a distinct asset class. This hearing represents a significant step toward potentially tailoring existing tax rules for securities and commodities to fit the unique characteristics of digital assets.
about Coinbase Exec to Testify at Senate Crypto Tax HearingSenate to Examine Digital Asset Taxation Rules
The Senate Finance Committee has scheduled an October 1 hearing to examine how digital assets should be taxed, marking a significant step toward federal regulatory clarity. Industry leaders from Coinbase and Coin Center are set to testify as lawmakers consider tailored tax rules for cryptocurrencies. The hearing comes amid broader legislative efforts to establish a comprehensive framework for the crypto industry, though potential government shutdown threats could delay these critical discussions.
about Senate to Examine Digital Asset Taxation RulesTrump Shares Bitcoin Defense in Senate Hearing
Former President Donald Trump amplified Bitcoin conversations by sharing a video of Coin Center’s Peter Van Valkenburgh explaining Bitcoin’s decentralized framework during a Senate hearing. Van Valkenburgh positioned Bitcoin as revolutionary public infrastructure, contrasting it with vulnerable centralized systems like banks, citing high-profile breaches like Equifax and SWIFT frauds. Meanwhile, institutional adoption grows, with MicroStrategy acquiring an additional 6,220 BTC, bringing its total holdings to 607,770 BTC worth billions, reinforcing Bitcoin’s store-of-value narrative.
about Trump Shares Bitcoin Defense in Senate HearingTrump’s Bitcoin Shift: From Critic to Crypto Champion
Donald Trump, once a vocal Bitcoin skeptic, has become a major advocate, recently endorsing a 2018 Senate testimony by Coin Center’s Peter Van Valkenburgh as the ‘Greatest Bitcoin explanation of all time.’ Valkenburgh’s defense of Bitcoin emphasized its role as a decentralized, censorship-resistant alternative to traditional financial systems. Trump’s policy shift—marked by pro-crypto legislation, dismantling regulatory barriers, and launching meme coins—has fueled Bitcoin’s surge past $119K and a $2.37T market cap. His actions include signing the GENIUS Act, allowing banks to issue stablecoins, and disbanding the DOJ’s crypto enforcement team, signaling a transformative era for U.S. crypto adoption.
about Trump's Bitcoin Shift: From Critic to Crypto ChampionCrypto at Crossroads: Privacy vs. Regulation
Peter Van Valkenburgh, executive director of Coin Center, highlights the critical juncture for cryptocurrency as policymakers weigh stricter regulations. On The Clear Crypto Podcast, he emphasized the growing tension between privacy advocates and financial surveillance efforts. With crypto becoming both mainstream and polarizing, the fight for decentralized networks is intensifying. Founded in 2014, Coin Center remains a key voice in shaping crypto policy, urging balanced oversight to preserve innovation and individual freedoms.
about Crypto at Crossroads: Privacy vs. Regulation