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Latest from Nikhilesh De
DCG, Top Executives Renew Push to Get New York AG’s Civil Fraud Suit Dropped
The late-night messages NYAG alleged were evidence of a fraudulent conspiracy were, according to DCG’s lawyers, “lawful, good-faith efforts by DCG to support a subsidiary.”

Crypto-Friendly Silvergate Bank Pays $63M to Settle Charges With SEC, Fed, California Regulator
Silvergate's executives were aware of 'critical deficiencies' in the bank's anti-money laundering protections, the SEC alleged.

U.S. Judge Lets Most of SEC Case Against Binance Proceed, Dismisses Secondary Sales Charge
A federal judge ruled the SEC had plausibly alleged Binance, Binance.US and Changpeng Zhao violated federal securities laws.

U.S. Treasury Issues Crypto Tax Regime For 2025, Delays Rules for Non-Custodians
The IRS has now set up its reporting system for crypto brokers, but it set aside related rules for DeFi and unhosted wallets as it continues to study 44,000 comments to the agency.

SEC Sues Consensys Over MetaMask Staking, Broker Allegations
The SEC alleged that MetaMask acted as an unregistered securities broker and that its staking service violated securities laws.

Supreme Court Rules to Overturn the Chevron Doctrine, Curbing Federal Agencies’ Power
Created by the Supreme Court in the 1980s, the Chevron deference gave regulators leeway to interpret the laws they are responsible for implementing.

Elections Across Europe Won't Hinder Bloc's Crypto Ambitions
France, Austria, Germany and other countries are expected to have elections soon, following this month's European Parliament contest.

Crypto Unmentioned at First 2024 U.S. Presidential Debate
The crypto industry hoped for a question about regulatory or related issues, but the lengthy debate focused on other matters.

U.S. Supreme Court Says No More In-House Tribunals for the SEC, Other Federal Regulators
The decision strips the federal securities regulator of a key enforcement power.

Coinbase Accuses U.S. SEC, FDIC of Improperly Blocking Document Requests
The U.S. crypto exchange wanted the SEC to give up documents on closed probes involving ether's status as a security, and its research contractor is now suing to get them.
