#U.S News

State Street Launches New Division Dedicated to Digital Finance

American Banking Giant State Street Continues Foray into Crypto Industry

July 30, 2021 by Anthonia Isichei at Bitcoin

The second-oldest bank in the U.S. State Street Bank, with close to $4 trillion in assets under management (AUM) and over $40 trillion in assets under custody and administration, is planning to offer cryptocurrency services to its private fund clients. State Street Partners With Lukka to Provide Crypto Services In...

Global X Bitcoin ETF Application Joins Long List Before the SEC

July 23, 2021 by Anthonia Isichei at Regulation

The New York-based exchange-traded fund (ETF) provider Global X has become the latest company to file for a Bitcoin ETF with the U.S. Securities and Exchange Commission (SEC). Global X Files for Bitcoin ETF Global X revealed plans to launch a Bitcoin ETF in a Form S-1 filing with the...

VanEck Files Prospectus for Bitcoin Futures Mutual Fund

VanEck Files with the U.S. SEC for Bitcoin Futures Mutual Fund

June 22, 2021 by Anthonia Isichei at Bitcoin

Global investment management firm VanEck has submitted a proposal to the U.S Securities and Exchange Commission (SEC), for a Bitcoin futures mutual fund. No Direct Investment in Bitcoin In a Form N-1A filing with the SEC on Monday (June 21, 2021), VanEck stated that the Bitcoin Strategy Fund seeks to...

Coinbase Card Available for Use on Apple Pay and Google Pay

June 2, 2021 by Anthonia Isichei at Bitcoin

The largest U.S.-based cryptocurrency exchange Coinbase, stated that it has integrated Apple Pay and Google Pay, enabling online shoppers to pay with their Coinbase Card on both online payment platforms, while also earning crypto rewards. Shop With Coinbase Card on Apple Pay and Google Pay In a blog post on...

U.S. SEC Extends Decision Period on the VanEck Bitcoin ETF

April 29, 2021 by Anthonia Isichei at Bitcoin

The U.S. Securities and Exchange Commission (SEC) has postponed its decision on the VanEck Bitcoin exchange-traded fund (ETF) till June 2021. SEC Sets New Deadline for VanEck Bitcoin ETF Decision to June According to a notice by the SEC on Wednesday (April 28, 2021), the securities regulator stated that it...

Tesla Now Accepts Bitcoin, Won’t Sell BTC for USD

March 24, 2021 by Dalmas Ngetich at Bitcoin

Residents in the continental United States can now buy a brand-new Tesla using Bitcoin, an update from the world's leading automaker on Mar 24 confirms. Buy Tesla using Bitcoin What's more, Tesla is keen on holding on to BTC and won't partner with a payment processor but instead keep the...

U.S.: Dept. of Homeland Security Funds Blockchain Startups to Modernize Operations

October 12, 2020 by Evan Ezquer at Blockchain

The U.S. Department of Homeland Security’s research and development division, the Science & Technology (S&T) Directorate has funded five blockchain startups to advance their operations on October 09, 2020. The DHS gave a total of $817,712 to five blockchain project. This fund will be used to redesign the government’s anti-forgery...

OCC Authorizes U.S. Banks to Hold Stablecoin Reserves

September 22, 2020 by Anthonia Isichei at Regulation

The U.S. banking regulator has issued guidelines that will enable banks to offer services to stablecoin coin issuers in the country. Federal Financial Institutions to Offer Services to Stablecoin Issuers In an interpretive letter published by the Office of the Comptroller of the Currency (OCC) on Monday (September 21, 2020)...

Wisconsin State Senate Candidate Accepts Bitcoin Donation via BitPay

September 22, 2020 by Anthonia Isichei at Bitcoin

Phil Anderson, running for the Wisconsin State Assembly has stated that he would accept cryptocurrency donations towards his campaign, using U.S. crypto payment platform BitPay. Anderson Defends Legality of Crypto Political Donations In an announcement released by Phil Anderson’s campaign team on Monday (September 21, 2020), the entrepreneur and real...

United States Global Blockchain Earth Cryptocurrency Flag Red White Blue

U.S. Crypto Businesses to Benefit From New Joint Supervised Regulation

September 16, 2020 by Anthonia Isichei at Regulation

Cryptocurrency firms and fintech companies in the United States will start to enjoy a less cumbersome registration process with reduced cost, following a new unifying rule. One Rule, Cheaper Costs According to Reuters on Tuesday (September 15, 2020), the Conference of State Bank Supervisors (CSBS) announced a new regulatory strategy...

U.S. Sanctions Force Paxful to Exit Crypto-Friendly Venezuela

September 15, 2020 by Ogwu Osaemezu Emmanuel at Regulation

Paxful crypto exchange has shuttered operations in Venezuela citing United States sanctions, which bars Americans from doing business with the Nicolas Maduro-led nation, according to reports on September 15, 2020. Paxful Leaves Venezuela Paxful, a leading peer-to-peer (P2P) United States-based bitcoin (BC) marketplace has announced that its services will no...

Bitcoin Is the Second Most Viewed Asset in the U.S.

August 17, 2020 by Anthonia Isichei at Bitcoin

Bitcoin continues to gain popularity among U.S. investors, following reports that the flagship cryptocurrency was the second-highest viewed asset after Tesla. Bitcoin Visibility is on the Rise According to data from stock charts platform TradingView, Bitcoin saw increased interest among U.S. investors and traders in the month of July. The...

India: Telangana to Sign MoUs for Implementing Blockchain Technology in Public Sectors

India Prime Minister Calls for Investments, Development in Blockchain and Rising Tech

July 23, 2020 by Shaurya Malwa at Blockchain

India is awakening to blockchain and other disruptive technologies in a huge way. Prime Minister Narendra Modi said yesterday that rising tech will be a cornerstone of the country’s economic growth moving forward. PM Modi Backs Blockchain With a population of 1.2 billion people you could bet India was soon...

Task Force Calls For Future Stimulus Checks To Get A Tech Upgrade

U.S. Authorities Mull Using DLT to Ease Delivery of Stimulus Checks

June 15, 2020 by Ogwu Osaemezu Emmanuel at Blockchain

The White House and congressional leaders are putting preparations in top gear to dish out another round of COVID-19 stimulus money to citizens in the coming weeks. Some politicians, including Congressman Tom Emmer, has urged the authorities to tap blockchain technology to ensure more frictionless stimulus package disbursement to the...

Report: Researchers Discover New Cryptojacking Malware for Mining Monero

Want to Help the Jailed? You Can now Mine Monero (XMR) to Pay Their Bails

June 9, 2020 by Shaurya Malwa at Altcoins

The ongoing political unrest in the U.S. is giving the masses a rather unfortunate reason to adopt cryptocurrencies. While some might move to use Bitcoin as a form of “protest,” a new software allows individuals to mine Monero (XMR) to pay bails for those jailed unnecessarily. XMR to the Rescue...

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