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View More NewsThe Boston Globe just published my article [gift link here] on Trump’s election fraud speech from last night. Here is an excerpt: In a speech Thursday night, President Trump claimed there have been serious breaches of election security and repeated his assertions that the 2020 election was compromised. As in the past, these remarks are utterly indefensible. And they are likely part of an illegal effort to federalize control over the upcoming midterm elections, so as to tilt the results in his party’s favor. Hopefully, America’s courts and federal system will continue to stymie him. Trump claimed in his speech…
The lack of an ethics provision remains one of the biggest sticking points. Sen. Ruben Gallego (D-Ariz.), one of two Democrats who voted to advance the bill out of the Senate Banking Committee, has repeatedly said he will not support the legislation on the Senate floor without a bipartisan ethics provision. Other Democrats have raised similar concerns over conflicts of interest involving public officials and digital assets.As of Friday, there had been no public readout from Thursday’s White House meeting, and no bipartisan ethics language had emerged, leaving one of the bill’s largest obstacles unresolved.If passed, the Clarity Act would…
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The rise and fall of Graham Platner, who has just withdrawn from the U.S. Senate race in Maine in which he was challenging Republican incumbent Susan Collins, makes one think of a fairy tale or myth in which a character of humble status is suddenly elevated to wealth and high status by some magical entity but is led astray by character flaws such as greed or hubris and is just as precipitously hurled back into lowly obscurity. In Graham’s case, the magical entities were progressive political operatives Dan Moraff, Leanne Fan and Moritz Katz, who thought they had found the…
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On Friday, the U.S. Department of Homeland Security published a new rule limiting the duration of visas for foreign journalists working in the United…
Tokenized real-world assets (RWAs) account for just $12.66 million in active market capitalization despite the recent spike in trading activity.Much of that larger activity,…
The Bank of England approved HSBC Orion to go live in its Digital Securities Sandbox, with the first Digital Gilt Instrument transaction expected in…
“The real prize is the yen side of onchain settlement, one of the most strategic positions in Asian finance over the coming decade, and…
As I noted in a separate post, the legal advocacy group Neutral Principles engaged Erik Jaffe and me to draft an amicus brief for…
Attorneys from the Reporters Committee for Freedom of the Press are representing three news outlets in a federal lawsuit challenging the constitutionality of a…
Decentralized finance (DeFi) protocols built for crypto assets are increasingly retooling themselves for Wall Street, and VanEck’s tokenized Treasury fund arriving on lending platform…
Bitcoin (BTC) sold off into the early Asian trading session on Thursday as the drop to $72,600 produced significant liquidation of leveraged positions across…
I WANT FREE MINDS AND FREE MARKETS! Help Reason push back with more of the fact-based reporting we do best. Your support means more…
Three Samsung affiliates agreed to buy a 4% stake in Dunamu, the operator of South Korea’s largest cryptocurrency exchange, Upbit, for a total of…
Polymarket’s vice president of engineering, Josh Stevens, clarified that the prediction market platform is not adding mandatory Know Your Customer (KYC) checks to its…
In brief Bitcoin fell to lows of $72,711 Thursday, as ETFs shed $1.02 billion across three days. $937 million in crypto liquidations occurred despite…