Tag: United States
All news related to the United States.
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.
Gensler: Ethereum ETF S-1 Approvals Will Take Place This Summer
Reading Time: < 1 minute US Securities and Exchange Commission Chairman Gary Gensler has provided an update on the expected timeline for the listing of spot Ether exchange-traded funds (ETFs).
Biden to Accept Crypto Donations in His Campaign
Reading Time: < 1 minute The Biden campaign is in talks with players in the cryptocurrency industry regarding the acceptance of crypto donations through Coinbase Commerce.
Trump Wants Bitcoin to Be Mined in the US
Reading Time: < 1 minute Former US President Donald Trump showed his support for bitcoin mining during a meeting with several bitcoin miners at his Mar-a-Lago resort on Tuesday night.
US Appeals Court: SEC Exceeded its Authority with Fund Rule
Reading Time: < 1 minute A recent decision by a United States appeals court has struck down a Securities and Exchange Commission (SEC) rule that aimed to increase transparency in the hedge fund and private equity sectors.
Bernstein: Spot Ethereum ETFs Approvals by SEC Not Politically Driven
Reading Time: < 1 minute After the Securities and Exchange Commission (SEC) surprisingly approved spot Ethereum exchange-traded funds last month, there were speculations that this was a result of a shift in political stance.
Daily Inflows into US Spot Bitcoin ETFs Reach $105M
Reading Time: < 1 minute The 11 spot Bitcoin ETFs that were approved in the US in January have collectively attracted a total of $2.28 billion in inflows during this period, bringing the cumulative net inflows to $13.96 billion.
Donald Trump’s Crypto Asset Holdings Surpass $10M
Reading Time: < 1 minute On Monday, May 27, former United States President Donald Trump briefly held over $10 million in crypto assets, with the majority of his holdings comprised of TRUMP tokens.
US House Passes Anti-CBDC Bill
Reading Time: < 1 minute In a party-line vote, the US House of Representatives voted against the Federal Reserve’s plans to develop a central bank digital currency.
US House Approves Bill to Regulate Crypto
Reading Time: < 1 minute On Wednesday, the US House of Representatives passed a bill to establish a new legal structure for digital currencies, despite concerns raised by the US securities regulator about potential financial risks.
US House of Representatives Democrats Won’t Have to Vote Against 2 Crypto Bills
Reading Time: < 1 minute The House Democrats have been informed that they will not be pressured into voting against two upcoming bills related to cryptocurrencies, even though they are being strongly encouraged to do so.
Gemini Earn Will Return Customers’ Crypto by End of Month
Reading Time: < 1 minute A US court has approved the bankruptcy plan of Genesis, a bankrupt crypto lender that collapsed due to the failure of the Terra/luna ecosystem and Three Arrows Capital.
US Senate Passes Measure to Overturn a SEC Crypto Rule
Reading Time: < 1 minute The US Senate passed a measure on Thursday to overturn a Securities and Exchange Commission (SEC) bulletin that sets specific accounting standards for firms that custody cryptocurrencies.