
US regulators move ahead on crypto trust charters as Senate scrutiny grows
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Written by Adrian Zmudzinski staff writer Edited by Ana Paula Pereira staff editor
Written by Adrian Zmudzinski staff writer
Edited by Ana Paula Pereira staff editor
Coinbase’s trust company received final clearance as lawmakers seek records on crypto firms’ compliance and potential conflicts of interest.

Four days before Coinbase’s announcement, Sen. Richard Blumenthal renewed demands for records from Binance, Tether and two Trump-linked ventures. He gave them until Jan. 4, 2027, to turn over the requested records voluntarily and warned that his subcommittee could take other steps to obtain them.


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