ChainCatcher news, according to Cryptonews, the investigation into the murder of cryptocurrency industry figure Kevin Mirshahi has made progress. Canadian law enforcement officials announced new developments on Tuesday, November 19, 2024, after discovering his body in a natural park in Montreal in October 2024.Quebec provincial police have arrested 27-year-old Darius Perry and 25-year-old Nackael Hickey, who are suspected of murdering Kevin Mirshahi. Both face charges of kidnapping and being an accomplice.Previous news reported that Canadian police confirmed the death of 25-year-old cryptocurrency industry figure Kevin Mirshahi, who had been missing after being kidnapped.

ChainCatcher news, Curve Finance stated that after Trump recently won the U.S. election, the crypto industry has experienced explosive growth, with key stocks like MSTR and COIN being reassessed, and Bitcoin approaching the $100,000 mark.Leverage demand has led to an increase in weekly revenue for the DAO, rising from an average of $268,000 before Trump's inauguration to $581,000 in the past week. The annual income currently allocated to veCRV holders is approximately $31 million, excluding income from voting incentives.

ChainCatcher news, according to News.bitcoin, Nigeria's proposed "Investment and Securities Bill" suggests imprisoning Ponzi scheme operators. This bill has been welcomed by participants in the cryptocurrency industry, who hope that this move will help to cleanse the industry's reputation.

ChainCatcher news, according to Cointelegraph, Ripple Labs CEO Brad Garlinghouse stated, "The crypto industry has embraced Trump; Trump has also embraced the crypto industry. I think this is very sincere, and I believe he sees the opportunity, sees the innovation, sees the entrepreneurial spirit------I am very excited about the future."

ChainCatcher news, according to Fox Business reporter Eleanor Terrett, 18 states in the U.S. have filed a lawsuit against the U.S. Securities and Exchange Commission (SEC) and its commissioners, accusing them of unconstitutional overreach and unfair "persecution" of the crypto industry under the leadership of SEC Chairman Gary Gensler.The lawsuit, signed by 18 Republican state attorneys general, details how the agency has engaged in "severe government overreach" through enforcement actions against the $3 trillion industry, infringing upon the states' authority to regulate their own economies.The 18 Republican state attorneys general are asking the court to declare that "digital asset transactions are not investment contracts" and to issue an order preventing the SEC from bringing future charges against "digital asset platforms that fail to register as exchanges, dealers, brokers, or clearing agencies." According to the complaint, many states have already developed their own regulatory frameworks for the crypto industry and encourage its growth.According to Nebraska Attorney General Mike Hilgers, Nebraska and Kentucky are jointly leading a coalition of 18 states challenging the Biden-Harris administration's illegal and broad regulation of cryptocurrencies. In a lawsuit filed in the U.S. District Court for the Eastern District of Kentucky, the state attorneys general and other parties accuse the SEC of exceeding its authority.Despite the SEC and its chairman previously taking actions and making public statements, the agency has launched a regulatory offensive against crypto companies. The SEC has exceeded the authority granted by Congress, attempting to classify cryptocurrencies as investment contracts to bring them under SEC regulation.In addition to Nebraska and Kentucky, the participating states include Arkansas, Indiana, Iowa, Kansas, Louisiana, Mississippi, Missouri, Montana, Ohio, Oklahoma, South Carolina, Tennessee, Texas, Utah, and West Virginia.

ChainCatcher news, according to Cointelegraph, Trump has nominated Bitcoin supporter Matt Gaetz as the U.S. Attorney General. He previously proposed a legislative bill on June 25, requesting the IRS to accept Bitcoin payments from Americans filing federal income tax.Trump's choice of Matt Gaetz could impact the crypto industry, as he is expected to advocate for a regulatory approach that supports digital asset innovation while balancing oversight.

ChainCatcher news, according to Bloomberg, the UK government will announce its plans to regulate the cryptocurrency industry this month, aiming to address the appeal of the cryptocurrency sector led by Donald Trump in the United States and to reassure businesses about their prospects in the UK.Insiders say that the UK Treasury plans to introduce two pieces of legislation regarding stablecoins, as well as exemption clauses for cryptocurrency providers requesting to exclude so-called staking services from current financial regulations.After Trump's election victory, the cryptocurrency industry celebrated this win, driving up asset prices including Bitcoin, while the UK decided to advance cryptocurrency regulation. The risk for the UK is that startups may choose other jurisdictions, such as the United States, where the rules are clearer or more favorable.

ChainCatcher news, according to local media reports, Canadian law enforcement has confirmed that a body found in a Montreal park belongs to 25-year-old cryptocurrency industry professional Kevin Mirshahi. Mirshahi had been suspected dead since at least August of this year, and it was only recently that the police found and confirmed his body.Mirshahi was kidnapped at the end of June along with three others in an apartment building in Old Montreal. The others returned unharmed the next day, while Mirshahi remained missing. Until October 30, when a passerby discovered his body in Île-de-la-Visitation Park in Montreal.Mirshahi owned and operated an investment firm called Crypto Paradise Island. The Quebec investment regulatory authority, Autorité des marchés financiers, launched an investigation into the company in 2021. On July 4, 2024, the regulator prohibited Mirshahi, his company, and two related individuals from engaging in brokerage or investment advisory activities and securities trading, and ordered them to delete social media posts.In August, police arrested a 32-year-old woman suspected of involvement in the kidnapping and causing Mirshahi's death, who now faces charges including first-degree murder. (The Block)

ChainCatcher news, according to The New York Times, the son of the incoming President Trump will not be part of the next U.S. government but will join a venture capital firm.Donald Trump Jr. told hundreds of donors on Sunday that he will join 1789 Capital, whose investors include the media company of well-known conservative media figure Tucker Carlson. This venture capital firm focuses on investing in companies and products favored by American conservatives. Donald Trump Jr. has a business background and has served as a real estate executive at the Trump Organization for a long time. He has also recently shown interest in the crypto industry, becoming a liaison between his father and the tech world. He is also an investor in the conservative online marketplace PublicSquare.

ChainCatcher news, as Donald Trump won the election last week, the price of Bitcoin broke its historical high, and analysts at Bernstein, a research and brokerage firm, urged investors to "increase their investment in the cryptocurrency industry as soon as possible."The analysts wrote in the report: "Welcome to the cryptocurrency bull market, buy everything you can."The analysts urged those investors who have avoided investing in cryptocurrencies due to regulatory issues to "shift their mindset" after the announcement of the U.S. election results, pointing out that with the new chairman of the U.S. Securities and Exchange Commission, a crypto-friendly regulatory environment is expected following Trump's ascension to power.The analysts stated that while establishing new strategic reserves requires legislation and may not be realized until later in 2025, "the direction of Bitcoin becoming a treasury asset held by corporations, governments, and institutions is, in our view, obvious."

ChainCatcher news, according to Forbes, when the election results clearly indicated that Trump would return to the White House, the crypto market began to rise as expected, reflecting optimism about the potential relief the Trump administration might bring to the industry. It is undeniable that Trump will be more supportive of the crypto industry than the current president, Biden. However, there remains uncertainty regarding his level of involvement in promoting industry development and whether relevant legislation can be passed amid a busy legislative agenda.All candidates for positions such as leaders of the Securities and Exchange Commission, the Commodity Futures Trading Commission, and the Treasury may share favorable views towards the industry like Trump, but it is unclear how much of a priority this issue will be seen. The Trump administration may prioritize deregulation for most industries. However, the crypto industry may be the only sector that runs counter to this trend, as industry members are eager for regulatory clarity. The priority these regulatory agencies place on the crypto industry will determine the duration of this process, but progress in reducing some of the current lawsuits from the SEC may be quicker. However, it is more likely that these agencies will at least provide some form of favorable regulatory guidance, even if not a specific rule.

ChainCatcher news, according to Cointelegraph, former Vice President of Global Marketing and Communications at Binance, Steve Milton, stated that Trump may reduce the U.S. government's regulation of the cryptocurrency industry. Trump has been outspoken about the need to reduce government intervention in people's lives and has consistently supported cryptocurrencies... Trump's victory, along with the Republican majority in the U.S. Senate, is a "historic achievement" for cryptocurrency regulation in the United States.

ChainCatcher news, according to Bloomberg, the cryptocurrency industry spent about $135 million to support over 50 candidates during the 2024 U.S. election cycle, including Democrats and Republicans, incumbents and challengers, frontrunners and long shots. But they now all have one thing in common: victory.In the elections on November 5, as of noon local time on Friday, all 48 candidates supported by the cryptocurrency industry's largest political action committee have declared victory. In the eight elections still counting votes, candidates backed by the political action committee are leading in all but three of the races.According to the consumer advocacy nonprofit Public Citizen, its influence campaign far exceeds that of traditional corporate donors, such as Koch Industries and Chevron. Since the landmark Supreme Court decision in 2010 that lifted restrictions on corporate political spending, the industry ranks second only to the fossil fuel industry in terms of total amount deployed. Now, the industry is touting its massive election spending and its results as evidence that it has become an undeniable political force, gearing up for the next legislative session and the 2026 midterm elections.