Ukraine Claims First-Ever Underwater Drone Strike on Russian Missile Submarine 
Judge Orders Return of Seized Evidence in Comey-Related Case, DOJ May Seek New Warrant 
Federal Judge Orders Restoration of SEVIS Status for Tufts PhD Student Rumeysa Ozturk 
California Jury Awards $40 Million in Johnson & Johnson Talc Cancer Lawsuit 
Azul Airlines Wins Court Approval for $2 Billion Debt Restructuring and New Capital Raise 
U.S. and Mexico Reach New Agreement to Tackle Tijuana River Sewage Crisis 
Intel’s Testing of China-Linked Chipmaking Tools Raises U.S. National Security Concerns 
Russian Drone Attack Hits Turkish Cargo Ship Carrying Sunflower Oil to Egypt, Ukraine Says 
European Leaders Launch International Claims Commission to Compensate Ukraine for War Damage 
Special Prosecutor Alleges Yoon Suk Yeol Sought North Korea Provocation to Justify Martial Law 
ANZ Faces Legal Battle as Former CEO Shayne Elliott Sues Over A$13.5 Million Bonus Dispute 
Brazil Arrests Former Peruvian Foreign Minister Augusto Blacker Miller in International Fraud Case 
Trump Claims Pardon for Tina Peters Despite No Legal Authority 
SpaceX Insider Share Sale Values Company Near $800 Billion Amid IPO Speculation 
Top executives from major cryptocurrency firms met with White House officials to discuss future regulatory strategies, signaling potential changes in the Biden administration’s approach to digital assets.
Top Industry Execs Discuss Crypto Policies
According to reports, US politicians, Biden administration officials, and Kamala Harris's team participated in a video meeting with multiple executives from big cryptocurrency firms.
An article from Yahoo Finance dated August 8 states that prominent figures in the business have been discussing the possibility of a "reset" in the Biden administration's stance on cryptocurrency legislation, should President Joe Biden's term conclude in January 2025 and Harris' campaign gain traction.
The gathering, which was previously thought to be a roundtable discussion in person, was supposedly attended by Coinbase Global CLO Paul Grewal, Kraken CEO David Ripley, Ripple CEO Brad Garlinghouse, and Circle CEO Jeremy Allaire.
White House Engages in Crypto Regulation Talks
Reportedly, the crypto businessmen lobbied the Biden administration for digital asset regulation clarity, dropping hints about the potential ouster of SEC Chair Gary Gensler.
A lot of people in the crypto business are upset at the SEC under Gensler for going after crypto companies that don't seem to have a plan for how to lawfully operate in the US.
Cointelegraph reports that the meeting between crypto executives and US lawmakers, including Lael Brainard (director of the National Economic Council), Bruce Reed (white house deputy chief of staff), and Kristine Lucius (Harris senior assistant), was allegedly coordinated by Ro Khanna (representative from California).
Crypto Regulation in the Spotlight as Election Nears
After Joe Biden's announcement that he will not seek reelection in 2024, many in the crypto community pushed for Harris to launch her presidential campaign on a cryptocurrency platform.
Governor Tim Walz of Minnesota and Vice President Harris have both refrained from making cryptocurrency a focal point of their campaign as of August 8th.
Trump, the Republican candidate, on the other hand, has stated his opposition to the idea of a digital currency issued by the US central bank, stated that he would dismiss Gensler from his position if reelected, and stated that his campaign would accept cryptocurrency donations.
Representative Khanna also convened an in-person discussion in July, and this virtual session followed it. Attendee Anita Dunn, a senior aide to Joe Biden, then joined a Democratic political action organization that backed Harris's campaign after the July event.
2024 Election Could Shift Crypto Policies
As US Election Day draws near, additional White House staffers with crypto sector expertise have likewise declared their intention to join Harris's campaign.
