Virtual Currency

• Coinbase, the Biggest U.S. Crypto Company, Asserts Its Power in Washington - The top executive of the crypto exchange Coinbase scuttled a planned Senate committee vote on a major cryptocurrency bill after voicing his concerns, a sign of the company’s clout.
• Pitching Crypto and Needling Mamdani: Adams’s Post-Mayoralty Takes Shape - Two weeks ago, Eric Adams was in Times Square to lead the New Year’s Eve ball drop as his last act as mayor. He returned on Monday to promote a new business interest.
• How the Winklevoss Twins Won Big in Trump’s Pro-Crypto Washington - Few industry players seem closer to Trump than the 44-year-old billionaire brothers. And they have gotten more than just invitations to the White House this year.
• How Stablecoins Can Help Criminals Launder Money and Evade Sanctions - Through layers of intermediaries, stablecoins can be moved, swapped and mixed into pools of other funds in ways that are difficult to trace, experts say.
• Silicon Valley’s Man in the White House Is Benefiting Himself and His Friends - David Sacks, the Trump administration’s A.I. and crypto czar, has helped formulate policies that aid his Silicon Valley friends and many of his own tech investments.