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SEC’s Case Against Kraken Going to Trial; PayPal's PYUSD Tops $1B Market Cap

"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines in the crypto industry today, as a California judge ruled that the SEC's lawsuit against Kraken will proceed to trial. Plus, Celsius' bankruptcy administrator paid out over $2.5 billion to creditors, and PayPal's stablecoin, PYUSD surpassed $1 billion in market cap.

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Russia Legalizes Crypto Mining; California’s DMV Loads 42M Car Titles On-Chain

"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines in the crypto industry today, as Russia's State Duma passed a law that fully legalizes cryptocurrency mining in the country. Plus, California’s DMV digitized 42 million car titles on the Avalanche network, and The Bahamas is back with a new law that tightens its crypto guidelines.

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Key Driver Behind Bitcoin's Price Spike; California's Crypto Licensing Bill Signed Into Law

"CoinDesk Daily" host Jennifer Sanasie breaks down the hottest crypto headlines today, including the factors that caused bitcoin to briefly spike to $30,000. When will a crypto licensing bill signed by California Governor Gavin Newsom take effect? Plus, Tether freezes accounts linked to terrorism and warfare in Israel and Ukraine.

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Liability of Decentralized Autonomous Organizations (DAOs) Explored in U.S. Court

A U.S. court in California has ruled in favor of plaintiffs who alleged that the bZx protocol and governance token-holding members of its decentralized autonomous organization (DAO) were negligent and liable for losses resulting from a hack that drained its treasury. "The Hash" panel discusses the case and the implications for the future of DAOs.

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DOJ, SEC Probing Silicon Valley Bank’s Collapse: Report

The U.S. Justice Department and the Securities and Exchange Commission are investigating the collapse of Silicon Valley Bank (SVB), according to a report from the Wall Street Journal. “The Hash” panels weighs in on the scrutiny faced by the California-based bank from regulators.

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How California's DMV Aims to Modernize Car Title Management Via Tezos

Oxhead Alpha is partnering with California's DMV with the aim of modernizing vehicle titling solutions based on the Tezos blockchain. Andrew Smith of Oxhead Alpha explains the choice behind Tezos, referencing the blockchain's governance structure.

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How California’s DMV Is Utilizing Blockchain Technology

Oxhead Alpha is partnering with California's DMV with the aim of modernizing vehicle titling solutions based on the Tezos blockchain. Oxhead Alpha president Andrew Smith discusses what this means for car owners and the registration process, and why the Tezos blockchain was chosen.

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Sam Bankman-Fried Arrives at Parents’ Home After Being Released on $250M Bond: Report

FTX Founder Sam Bankman-Fried has arrived at his parents' home in Palo Alto, California according to the New York Post. This comes after he was released on a $250 million bond and will remain under house arrest while awaiting a federal trial on multiple charges of fraud. Former SEC Enforcement Branch Chief and Bragança Law Attorney Lisa Bragança discusses the latest legal developments.

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California Regulator Targets 11 Crypto Trading Desks Operating Like ‘Ponzis’

The California Department of Financial Protection and Innovation (DFPI) filed cease-and-desist orders against 11 little-known crypto firms Tuesday, alleging they were misappropriating customer funds or violating state securities laws. “The Hash” discusses the latest in crypto regulation.

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California, New York Join 6 States Ordering Nexo to Halt Yield Product

California, New York and six other states are suing cryptocurrency lending platform Nexo for allegedly offering unregistered securities in the form of accounts that pay interest for cryptocurrency deposits, the states said in statements on Monday. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De breaks down the developments.

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