Tag: United States
All news related to the United States.
CFTC Plans to Stop Kalshi Listing Election Prediction Contracts
Reading Time: < 1 minute After a judge ruled against an order from the US Commodities and Futures Trading Commission (CFTC) prohibiting US regulated prediction marketplace Kalshi from offering prediction contracts for the 2024 election, the website proudly announced on its homepage:
Texas Fed Issues Cease and Desist Order Against a Crypto Bank
Reading Time: < 1 minute According to the Federal Reserve, United Texas Bank, which has connections to the cryptocurrency industry, was found to have “significant deficiencies” related to its handling of crypto customers and risk management.
OpenSea Receives a Wells Notice
Reading Time: < 1 minute The US Securities and Exchange Commission has extended its scrutiny of the crypto industry by adding OpenSea, a well-known crypto marketplace, to its list of targets.
US Court Denies Kraken’s Motion to Dismiss SEC Lawsuit
Reading Time: < 1 minute The Federal Court for the Northern District of California has rejected a request to dismiss a lawsuit brought by the US Securities and Exchange Commission (SEC) against Kraken.
Donald Trump Reportedly Holds $1 Million in Ether
Reading Time: < 1 minute According to election disclosures, Donald Trump owns between $1 million and $5 million worth of Ether (ETH) and earns significant income from licensing fees for non-fungible tokens (NFTs).
US Government Moves $600M in Bitcoin
Reading Time: < 1 minute The US government transferred 10,000 seized Bitcoin (BTC) related to Silk Road to Coinbase Prime, the institutional platform of the popular exchange, on Wednesday.
Coinbase Expands Services to Hawaii
Reading Time: < 1 minute Coinbase has recently expanded its services to include Hawaii residents.
Coinbase Asks SEC to Reconsider DEX Rule
Reading Time: < 1 minute Coinbase has urged the US Securities and Exchange Commission to scrap its proposed rule that would bring decentralized exchanges under its purview and start afresh.
SEC Files a Lawsuit Against $650M Crypto Fraud Promoters
Reading Time: < 1 minute The US Securities and Exchange Commission (SEC) has taken legal action against NovaTech, a cryptocurrency company, and its married co-founders, Cynthia and Eddy Petion.
Gemini Asks US Regulators to Not Ban Event Contracts
Reading Time: < 1 minute Gemini is urging US regulators to withdraw a proposed regulation that would ban all event contracts on decentralized prediction markets.
US Senator Cynthia Lummis Officially Introduces Bitcoin Strategic Reserve Bill
Reading Time: < 1 minute On July 31, Senator Cynthia Lummis officially presented the Bitcoin Strategic Reserve bill, which calls for the creation of a reserve fund for the decentralized asset.
US Moves $2B in Bitcoin Seized from Silk Road
Reading Time: < 1 minute The United States Government has recently moved 29,800 Bitcoin from a wallet that stored seized funds from the dark web marketplace Silk Road in 2012.
SEC Chairman Will Resign Next Year: Report
Reading Time: < 1 minute Markus Thielen, founder of 10X Research, predicts that Gary Gensler will step down within the first two months of 2025 after President Joe Biden’s term at the White House ends.
SEC Closes Investigation into BUSD Stablecoin
Reading Time: < 1 minute Following an investigation into the stablecoin Binance USD, the US Securities and Exchange Commission has announced that it will not recommend an enforcement action against Paxos.
US House Fails to Overturn Biden’s Veto of a SEC Crypto Rule
Reading Time: < 1 minute In a vote of 228-184, US lawmakers fell short in their attempt to override President Joe Biden’s veto of a legislative measure designed to reverse a controversial crypto accounting bulletin.
BitMEX Pleads Guilty to Violating the Bank Secrecy Act
Reading Time: < 1 minute In violation of the Bank Secrecy Act, BitMEX has admitted guilt in a new announcement from the US Department of Justice on Wednesday.
Court Approves Schedule for SEC’s Case Against Consensys
Reading Time: < 1 minute A judge in Texas has approved a schedule for the US Securities and Exchange Commission’s case against blockchain software company Consensys.
Internal Revenue Service Releases Latest Broker Rule Guidance
Reading Time: < 1 minute On Friday, the Internal Revenue Service (IRS) released the latest version of its controversial guidance on the “broker rule.”
SEC Sues Consensys
Reading Time: < 1 minute In a complaint filed on Friday in the U.S. District Court in the Eastern District of New York, the U.S. Securities and Exchange Commission accused Consensys of violating the law by not registering as a broker for its MetaMask swaps service and its staking service.
Crypto Exchange Coinbase Sues SEC and FDIC
Reading Time: < 1 minute A research firm hired by Coinbase is taking legal action against the US Securities and Exchange Commission (SEC) and a federal banking agency.
VanEck Files Application for a Solana ETF in the US
Reading Time: < 1 minute VanEck, a leading issuer of Bitcoin exchange-traded funds (ETFs) in the US, has submitted a request for a new Solana ETF.
US Judge Greenlights a Lawsuit Against Ripple Labs in California
Reading Time: < 1 minute A judge in a United States federal court has approved a lawsuit against Ripple Labs alleging their CEO violated California securities laws.
SEC Drops its Investigation into Ethereum
Reading Time: < 1 minute Consensys has announced that the US Securities and Exchange Commission has concluded their investigation into Ethereum 2.0, which is seen as a significant victory for the blockchain industry.
Crypto Trading Company Cumberland Wins a BitLicense in New York
Reading Time: < 1 minute On Monday, Cumberland DRW announced that its New York-based entity had been granted a BitLicense by the New York State Department of Financial Services (NYDFS).
Former House Speaker: US Should Use Stablecoins to Fight China
Reading Time: < 1 minute The impact of crypto policy on the 2024 Presidential race is becoming increasingly apparent.
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