Kuwait Intensifies Efforts Against Unauthorized Crypto Mining
Kuwait government takes action against illegal cryptocurrency mining, disconnecting power from associated properties.

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Kuwait government takes action against illegal cryptocurrency mining, disconnecting power from associated properties.
The U.S. cryptocurrency exchange has submitted a brief in a long-standing legal dispute regarding customer transaction records sought by the IRS.
A collaborative effort by crypto organizations, led by the Crypto Council for Innovation, is urging the U.S. SEC to exclude staking from its regulatory framework.
The head of the Presidential Council for Digital Assets states that crucial new laws for cryptocurrency regulation could be finalized as early as August, with no conflicts from Trump's personal interests.
Patrick McHenry, a former congressman instrumental in crypto legislation, anticipates significant regulatory activity in the summer as tensions rise between leading stablecoin operators.
A Texas judge ruled the U.S. Treasury's sanctions against Tornado Cash are unlawful, marking a significant victory for the crypto mixing service.

Arizona lawmakers have cleared a bill for a digital assets reserve, pending potential veto from the Democratic governor.
Federal prosecutors have urged a lengthy prison term for Alex Mashinsky, citing a significant fraud that resulted in substantial customer losses.
The digital asset platform Nexo is making a comeback in the U.S., offering full services following a period away due to regulatory issues.
A detailed letter from Nasdaq to the SEC suggests a comprehensive categorization for digital assets essential for forthcoming U.S. regulations.
The Federal Reserve has aligned with other U.S. banking regulators by removing its previous crypto guidance intended for banks.
El Salvador's regulatory agency for digital assets, CNAD, seeks to create a cross-border regulatory framework with the U.S. SEC, fostering international collaboration.

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