Amid reports that the White House will not consider a presidential pardon, the convicted former FTX CEO continues his efforts in court.
Turner Wright
Turner Wright is a staff writer at Cointelegraph and a senior policy reporter. He focuses on U.S. laws and regulations related to digital assets, covering policy and regulatory developments through news and feature articles for Cointelegraph and Cointelegraph Magazine. He also occasionally contributes to the publication’s podcast series. Wright holds a bachelor’s degree in aerospace engineering from the University of Texas at Austin and joined Cointelegraph in 2020 after working as a freelance journalist covering international issues.
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Court sets deadline for US to address Bankman-Fried‘s new trial motion - News
ESMA warns crypto perpetual derivatives likely fall under CFD rules The EU authority tracking compliance under the MiCA framework issued a warning to those marketing crypto derivatives as “perpetual futures or perpetual contracts.”
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Polymarket users favor Meteora in bets over ZachXBT crypto takedown Users placed more than $7 million betting on the outcome of the crypto sleuth's investigation, expected to be announced on Thursday.
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Binance CEO accuses WSJ of defamation over Iran sanctions report Two major news outlets published similar reports on Monday claiming that Binance had fired or suspended employees involved in an investigation into crypto going to Iranian entities.
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Trump’s ‘Board of Peace’ mulling Gaza stablecoin, FT reports A person familiar with the project reportedly said the stablecoin under preliminary discussion by the board would be established as “a means to allow Gazans to transact digitally.”
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Trump crypto company says ‘coordinated attack‘ on stablecoin failed The price of World Liberty Financial's token dipped about 7% early on Monday, later reported to be the result of a social media and short-seller attack.
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OCC grants Crypto.com conditional approval for bank trust charter While Coinbase and others await decisions on their applications, the federal banks regulator has signaled friendliness to crypto companies through several conditional approvals.
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Tokenized real estate projects advance in Dubai and Maldives A Trump-tied hotel development in the Maldives and the Dubai Land Department announced details on tokenizing their real estate projects.
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Dutch regulator orders Polymarket affiliate to halt operations The prediction market’s Dutch arm, Adventure One, allegedly offered illegal bets, including those on elections in the Netherlands.
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Core technical contributor to cease involvement with Aave DAO After four years contributing, BGD Labs said it would be leaving the DAO, citing changes to the organization and taking an “adversarial position“ to its liquidity protocol.
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SEC leaders seek to clarify how tokenized securities interact with existing regulation Paul Atkins and Hester Peirce spoke at ETHDenver on Wednesday on the future of regulation at the SEC and its response to crypto market volatility.
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Ripple CEO confirms White House meeting between crypto, banking reps Trump administration officials held a similar event last week to discuss stablecoin yield within a market structure bill under consideration in Congress.
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Kraken acquires tokenization platform Magna ahead of potential IPO The crypto exchange's parent company acquired several platforms in 2025 while confidentially filing for an initial public offering with the SEC.
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Riot Platforms’ AI/HPC push could net up to $21B, says activist holder Starboard Value said that “time is of the essence,” stressing urgency in Riot getting “more material deals completed” related to AI and HPC.
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Trump family-backed WLFI token surges 23% ahead of Mar-a-Lago crypto forum Although US President Donald Trump was not slated to appear at today's event, it will include two senators, the CFTC chair, and industry leaders.
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Stripe-owned Bridge gets OCC conditional approval for national bank charter While still subject to final approval, the regulator's nod would enable Bridge to offer stablecoin and digital asset services to businesses.
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CFTC chair doubles down on defending prediction markets from state lawsuits Michael Selig said the US financial regulator had filed an amicus brief against what he called an “onslaught of state-led litigation” against prediction markets.
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Gemini post-IPO shakeup sees exit of three top executives The exchange's chief legal officer, chief operating officer and chief financial officer are out and Cameron Winkelvoss will take on more responsibilities.
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Germany‘s central bank president touts stablecoin and CBDC benefits for EU Joachim Nagel said euro-pegged stablecoins would offer the bloc more independence from US dollar-pegged coins soon to be allowed under the GENIUS Act.
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Hong Kong regulator adds Victory Fintech to list of approved trading platforms The addition is the first crypto company to be licensed by the Securities and Futures Commission since June 2025, when the regulator approved Hong Kong BGE.
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Harvard endowment reduces stake in Bitcoin ETF, adds Ether exposure The management company behind the university’s $56.9 billion endowment opened a new position in BlackRock's spot Ether ETF, while reducing its Bitcoin ETF stake by 21%.
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Nevada authorities file lawsuit against Coinbase over unlicensed wagering The enforcement action over wagers on sports event contracts followed Coinbase announcing the launch of prediction markets in all 50 US states.
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Trump expected to sign bill to end partial US government shutdown The US House of Representatives approved a bill on Tuesday that will fund most of the government through the end of September.
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Galaxy Digital reports $482M net loss in Q4 2025 amid crypto price slump The crypto company reported significant net losses to its balance sheet in 2025 due in part to “lower digital asset prices and approximately $160 million of one-time costs.“
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Spain to follow UK with proposal to ban social media for children under 16 Pedro Sánchez announced that Spain would implement several changes to laws impacting social media platforms starting next week, with potential criminal liability for executives.
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White House officials met with crypto, banking reps to discuss stablecoins The meeting came more than two weeks after the Senate Banking Committee postponed a markup on the CLARITY Act, with stablecoin yield among several unresolved issues.
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Wrench attacks increased by 75% in 2025, resulting in $41M losses: CertiK The blockchain security auditor said violence against wallet holders has become a “core threat vector in the crypto ecosystem,” marking a sharp rise from 2024.
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NY prosecutors raise alarm over GENIUS Act on fraud: Report Five New York officials reportedly argued that the GENIUS Act could reduce incentives for stablecoin issuers to cooperate with law enforcement, potentially allowing criminal misuse.
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European Commission calls on 12 countries to implement crypto tax rules The commission also singled out Hungary for failing to comply with the EU's MiCA framework after an amendment to a local law.
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Coinbase, JPMorgan CEOs clashed over market structure bill at Davos: Report Brian Armstrong made the media rounds before and after he announced Coinbase was pulling its support for a major US crypto bill, reportedly facing off with Jamie Dimon in Davos.