Weekly Crypto Regulation News Roundup: GENIUS Act, Trump’s Crypto Reserve, Binance Lands $2B Investment, and More

This week’s crypto regulation news covers major developments, including the U.S. Senate’s approval of the GENIUS Act, scrutiny over Trump’s crypto reserve proposal, Binance’s $2B investment, and OKX’s new MiFID II license. Explore the shifting regulatory landscape impacting digital assets worldwide.
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California Man John Khuu Sentenced to Over 7 Years for Crypto Money Laundering Scheme

California man John Khuu was sentenced to over seven years in federal prison for laundering drug trafficking proceeds through crypto. Authorities say he used dark web markets to sell illegal drugs, accepting crypto payments before converting them to cash through multiple transactions and accounts.
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