Tag: United States
All news related to the United States.
SEC Sues Crypto Exchange Binance
Reading Time: < 1 minute The US Securities and Exchange Commission instituted a lawsuit against the world’s largest crypto exchange, Binance, and its founder Changpeng Zhao.
ExCoinbase Employee to Cooperate in Future SEC Investigations
Reading Time: < 1 minute Ishan Wahi, a former Coinbase employee, has reached a settlement with the US Securities and Exchange Commission (SEC) over insider trading charges related to the front-running of token listings.
Genesis and Crypto Exchange Gemini Dispute SEC Lawsuit Against Joint Earn Program
Reading Time: < 1 minute Genesis Global Holdco and Gemini have filed a motion to dismiss the SEC lawsuit against their joint Earn program.
Former Greek Finance Minister: Banking Sector is “Fairly” Afraid of CBDCs
Reading Time: < 1 minute Economist and former Greek Finance Minister Janis Varoufakis has observed that banks in the US, such as JPMorgan, are fearful of the potential implications of central bank digital currency (CBDC) on their businesses.
Michael Saylor: Big Banks Will Work With BTC
Reading Time: < 1 minute Michael Saylor, CEO of MicroStrategy, is optimistic about the future of the crypto market in the US.
ARK Invest: The US Will Lose Leading Position in Crypto Industry
Reading Time: < 1 minute The United States is at risk of losing its leading position in the cryptocurrency industry to the likes of the UAE, South Korea, Australia and Switzerland.
US Senator Cynthia Lummis Is Against Imposing Taxes on Crypto Miners
Reading Time: < 1 minute Cynthia Lummis, a Republican Senator, has spoken out against the proposed cryptocurrency mining tax proposed by the Joe Biden administration.
Ripple CEO: Companies Will Leave US Due to Strict Crypto Regulation
Reading Time: < 1 minute Brad Garlinghouse, the CEO of Ripple, has repeated his stance that American regulatory policies might drive crypto firms to relocate to other jurisdictions.
Minneapolis Fed President Is Unsure About Benefits of National CBDC
Reading Time: < 1 minute Kashkari is doubtful about the project to create a national currency figure (CBDC), claiming that it is unlikely to contribute to the modernization of the state’s financial system.
US Crypto Companies Are Moving to Bermuda Due to US Regulatory Environment
Reading Time: < 1 minute The increasingly stringent regulatory environment in the United States has prompted crypto companies to seek out jurisdictions with friendlier digital asset frameworks.
USDC Issuer Increases Share of Treasury Bills Due to Risks of US Default
Reading Time: < 1 minute Circle has revised its stablecoin collateral structure to include short T-Bills, in an effort to protect against the potential of a US technical default.
Ripple’s Legal Battle Against SEC Could Have Cost Company $200 Million
Reading Time: < 1 minute The company spent $200 million on legal costs in the ongoing lawsuit against the US Securities and Exchange Commission (SEC).
Tim Draper Criticizes US Policy Towards Blockchain Industry
Reading Time: < 1 minute Venture investor Tim Draper has recently expressed his concern about the US government’s strict policies towards digital currency businesses.
US State of Montana Introduces Bill to Protect Bitcoin Miners from Discriminatory Rates
Reading Time: < 1 minute Montana Governor Greg Gianforte has signed Senate Bill 178, prohibiting government interference in the activities of mining companies.
US DoJ Suspects Binance of Violating Sanctions Against Russia
Reading Time: < 1 minute The US Department of Justice and Department of Homeland Security are jointly conducting an investigation into Binance Holdings Ltd. over possible violations of US sanctions against Russia.
The SEC Abandons its Definition of Cryptocurrencies
Reading Time: < 1 minute The US Securities and Exchange Commission (SEC) has removed its first formal definition of “digital assets” from its hedge fund rulebook.
Fed Raises its Rates
Reading Time: < 1 minute The Federal Reserve shifted to a new stage of post-pandemic economic recovery management yesterday, taking what may be the last step in its historic series of interest rate hikes.
bitFlyer USA Ordered to Pay a $1.2M Fine for Violating New York State Cybersecurity Regulations
Reading Time: < 1 minute The NYDFS has imposed a fine of $1.2 million on cryptocurrency exchange bitFlyer USA for not complying with New York state cybersecurity regulations.
Florida Governor Wants to Ban CBDCs
Reading Time: < 1 minute Florida Gov. Ron DeSantis has taken a firm stance against the idea of a central bank digital currency (CBDC), vowing to ban it in his jurisdiction.
Coinjar to Expand to US
Reading Time: < 1 minute Coinjar, an Australian crypto exchange, is looking to expand into the United States despite the current market’s regulatory risks.
US Authorities May Close Another Bank Serving Crypto Companies
Reading Time: < 1 minute Cross River Bank is listed as one of the lending institutions that serve crypto companies, such as Coinbase and Circle, the issuer of USDC.
Circle CEO Attributes Decreasing USDC Market Cap to US Crackdown on Crypto
Reading Time: < 1 minute Jeremy Allaire, CEO of Circle, has stated that the recent regulatory crackdown by the United States has had an effect on the market capitalization of its stablecoin, USD Coin.
Coinbase CEO: The Exchange Might Leave the US
Reading Time: < 1 minute The CEO of Coinbase has expressed concern that the lack of regulatory clarity in the US could lead the company to consider withdrawing from the market.
Crypto Miner Riot Says NYT Article About Mining is Politically Motivated
Reading Time: < 1 minute Riot has denounced The New York Times (NYT) Bitcoin mining article, “The Real Costs of the Bitcoin Digital Race,” as “full of distortions and outright lies.”
Two-thirds of US Users Are Suspicious of Cryptocurrencies: Study
Reading Time: < 1 minute Most US citizens lack confidence in the safety of digital assets due to a series of bankruptcies and regulatory uncertainty.
