The Daily Data Room: Thursday, May 9th, 2024

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The Daily Data Room is curated by Sílvia Teixeira

Today's headlines include Coinbase challenging SEC Chair Gensler's claim on crypto tokens, Coincheck's upcoming listing as the U.S. second publicly traded crypto exchange, the Biden administration's veto of SEC crypto rules affecting bank-crypto relations, and a survey revealing increased support for crypto-friendly politicians among swing state voters.

• Coinbase's Chief Legal Officer has urged U.S. SEC Chairman Gary Gensler to stop misleading the market regarding the legal status of cryptocurrencies.

• According to a statement issued on May 8, Japanese exchange Coincheck will join Coinbase as one of the two publicly listed exchanges in the United States.

• The Biden administration plans to veto a controversial SEC rule that would limit banks' capacity to cooperate with cryptocurrency.

• U.S. voters in swing states are increasingly interested in cryptocurrency and are more likely to vote for politicians that support the industry.

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