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On Wednesday, the committee voted 13 to 11 to advance Kevin Warsh, splitting along party lines.Warsh had spoken a few times about crypto, calling bitcoin an “important asset that can help inform policymakers.”Sen. Thom Tillis, R-N.C., who had previously said he would withhold support for Warsh until the investigation concluded, ultimately voted in favor of the nomination following the DOJ’s decision.

Tillis has ended his hold on Kevin Warsh’s nomination after the DOJ closed its investigation into Jerome Powell.The Senate Banking Committee is set to vote on April 29, with a full Senate decision expected in mid-May before Powell’s term ends.

The U.S. Attorney for the District of Columbia Jeanine Pirro said she would be closing the investigation, which was brought earlier this year over allegations of false statements about the renovation of the Federal Reserve’s headquarters.Some have mused that clearing Kevin Warsh’s nomination out of the Senate could clear space for the Senate Banking Committee to advance broad crypto market legislation.

Philippine SEC has warned investors against dYdX and six other crypto platforms for operating without registration or authorization in the country.Authorities said the platforms appear to offer investments promising returns, with promoters facing fines of up to 5 million pesos or up to 21 years in prison.Enforcement has tightened as regulators expand from warnings to blocking access, while licensed firms continue launching compliant crypto services.

While platforms like dYdX and GMX exist, neither has matched Hyperliquid’s trajectory in terms of volume growth or product expansion.The following is excerpted from The Block’s Data and Insights newsletter.