Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, Web3 and crypto regulation.
Today in crypto, US Attorney General nominee Todd Blanche faced Senate scrutiny over his crypto enforcement record and Changpeng Zhao’s pardon, the EU’s anti-money laundering watchdog warned the end of MiCA’s transition period could strain compliance across the crypto sector and Coinbase said AI now helps write nearly all of its code.
President Donald Trump’s nominee for US Attorney General, Todd Blanche, faced sharp questioning from Senate Democrats and Republicans over his role in reshaping the Justice Department’s crypto enforcement strategy and the pardon of former Binance CEO Changpeng Zhao.
During a Senate Judiciary Committee confirmation hearing, Senator Dick Durbin accused Blanche of dismantling the Justice Department’s crypto enforcement unit and ending active investigations into the digital asset sector while serving as deputy attorney general. Durbin argued the policy shift benefited Trump’s crypto interests, including World Liberty Financial, and criticized Zhao’s presidential pardon following his 2023 guilty plea over Anti-Money Laundering violations.
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