In a significant advancement for cryptocurrency regulation, the U.S. Senate has approved the bipartisan GENIUS Act with a vote of 68-30, thereby establishing the inaugural federal regulatory framework for stablecoins, which are digital assets linked to the U.S. dollar. The legislation mandates that issuers must support their tokens with liquid assets such as Treasury bills [...]
Read More »Dershowitz Scolds Anti-Trump Judge Threatening to Hold Admin In ‘Contempt’
On Wednesday, veteran trial attorney and legal scholar Alan M. Dershowitz publicly challenged U.S. District Judge James E. Boasberg’s recent initiative to appoint a special prosecutor tasked with pursuing criminal contempt charges against the Trump administration for allegedly disobeying a court directive. According to Judge Boasberg—an appointee of President Barack Obama—the Trump administration’s invocation of [...]
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