The U.S. Senate Banking Committee has voted to advance the confirmations of President Donald Trump’s picks to run the Securities and Exchange Commission and the Office of the Comptroller of the Currency — both key positions for the future U.S. regulation of the crypto sector. The nominations of Paul Atkins to permanently take over the SEC from former Chair Gary…
Massachusetts, New York, and more than a dozen other states, plus DC, are dedicated to defending SEC corporate emissions reporting requirements against lawsuits, after the agency stopped fighting for the 2024 rules last month. The declaration from Democratic attorneys general in a court document submitted late Wednesday was the first time their states affirmed a commitment to battling the legal…
… North Korea is now the world’s most dangerous crypto thief. It has swiped more than $6 billion in cryptocurrency over the past decade—a sum so large that no one else compares. The country’s hackers are both patient and brazen, according to investigators. To get into companies’ computers, they comb through employees’ Facebook and Instagram pages and invent tailor-made stories…
Kirkland & Ellis, the largest U.S. law firm by revenue, is in talks with the White House to avoid an executive order similar to those levied against several of its rivals, according to people familiar with the matter. […] Three targeted firms, Perkins Coie, Jenner & Block and WilmerHale, filed lawsuits challenging the administration’s actions. Three different judges have blocked…