Wednesday, December 10, 2025

Paxful Pleads Guilty to Aiding Crime, Ignoring AML Laws

The DOJ said the firm knowingly facilitated illicit trades tied to sex work, sanctions evasion, and fraud, earning millions in fees while ignoring U.S. law.

source https://www.coindesk.com/policy/2025/12/10/paxful-pleads-guilty-to-aiding-crime-ignoring-aml-laws

Federal Reserve Cuts Rates 25 Basis Points, With Two Voting for Steady Policy

The anticipated move comes as policymakers are still operating without several key economic data releases that remain delayed or suspended due to the U.S. government shutdown.

source https://www.coindesk.com/markets/2025/12/10/federal-reserve-cuts-rates-25-basis-points-as-expected

U.S. Senate Rolls Toward Last Vote on Confirming Crypto Regulators at CFTC, FDIC

In the prolonged process of the Senate, two key officials have faced a series of procedural steps on their way to a final vote, possibly ear...