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Latest from Nelson Wang
Tesla Didn’t Buy or Sell Any Bitcoin for Fourth Straight Quarter in Q2
The value of its bitcoin holdings remained at $184 million.

SEC Chair Gensler Cites 'Wild West' of Crypto in Case to Increase Agency's Budget
The chairman asked U.S. lawmakers for $72 million in extra funding to, among other things, protect investors from crypto markets “rife with noncompliance.”

Nasdaq Halts Plan for Crypto Custody Service Due to U.S. Regulatory Conditions
The stock market operator had said in March that it was putting together infrastructure and regulatory approval for the custodian service.

Mantle’s MNT Token Outpaces Rival Layer 2 Blockchains Over Past 24 Hours
After launching its mainnet on Monday, Mantle’s utility and governance token has jumped roughly 4%, more than the native tokens of Arbitrum and Optimism over the past day.

Messaging Platform Telegram Has Issued $270M in Bonds to Fund Growth
"I personally bought about a quarter of the new Telegram bonds," said Pavel Durov, the CEO of the popular but not-yet-profitable platform.

G20 Nations Welcome FSB's Tougher Crypto Rules, Says Presidency Holder India
On Monday, international standard-setter FSB called for tougher rules on safeguarding crypto clients’ assets.

SEC's Gensler 'Disappointed' by Part of Ripple's XRP Judgement, Still Assessing Opinion
Ripple scored a partial victory in its fight with the SEC last week with a court ruling that institutional sales of the tokens violated federal securities laws, but sales on exchanges and programmatic sales did not.

Coinbase to Pause Staking in California, New Jersey, South Carolina and Wisconsin
The SEC filed a lawsuit last month against the crypto exchange alleging that its retail staking service constitute securities.

Coinbase, SEC Spar Over Definition of Securities, Nature of Staking in First Court Hearing
U.S. Judge Katherine Polk Faila questioned both sides on a range of topics in a Manhattan courthouse on Thursday.

Coinbase CEO Brian Armstrong Asks Twitter Followers if Their BofA Accounts Were Closed Because of Crypto Transactions
The Coinbase CEO created a Twitter poll posing the question, and a whopping 9% of respondents said “yes.”
