#United States News

Crypto.com Services now Available Across 49 American States

October 14, 2019 by Edoardo Vecchio at Bitcoin

After launching services in Asia, namely Singapore and Hong Kong, Crypto.com is aiming for the American market. According to a Twitter post, October 14, the Crypto.com app is now available in 49 U.S. states with New York still on the waiting list. Make Crypto Easy Crypto.com (ex-Monaco) seeks to popularize...

U.S. Financial Watchdogs Draft Joint Statement on Cryptocurrency

October 14, 2019 by Ogwu Osaemezu Emmanuel at Bitcoin

Top financial regulators in the United States, including the Securities and Exchange Commission (SEC), the Commodity Futures Trading Commission (CFTC) and the Financial Crimes Enforcement Network (FinCEN) have issued a joint statement reminding cryptocurrency market participants of their anti-money-laundering (AML) and counter-terrorist financing obligations under the Bank Secrecy Act (BSA),...

Telegram flying toward padlock in secure box red target

SEC Looks to Suspend “Unlawfully Sold” Telegram (GRAM) Cryptocurrency

October 12, 2019 by Ashwath Balakrishnan at Altcoins

The upcoming launch of GRAM tokens has become somewhat of a spectacle for the cryptocurrency community in recent months. With final token disbursement on the horizon, the SEC has filed for emergency action against Telegram and Telegram Open Network (TON), both of whom are offshore entities to the United States....

B2C2 Unveils Bitcoin-Settled Gold Derivatives Product

October 11, 2019 by Ogwu Osaemezu Emmanuel at Bitcoin

B2C2, a leading cryptocurrency over-the-counter (OTC) liquidity provider to financial institutions, has announced the launch of its gold derivatives product which it says is priced and settled in bitcoin. The firm claims the first-of-its-kind product will enable institutional investors to synthetically trade gold on its Financial Conduct Authority (FCA) approved...

U.S. SEC Declines Bitwise Bitcoin ETF Filing Again

October 10, 2019 by Ogwu Osaemezu Emmanuel at Bitcoin

U.S. financial watchdog, the Securities and Exchange Commission (SEC) has rejected the Bitcoin Exchange Traded Fund (ETF) proposal of Bitwise, on the grounds that the filing does not meet the set standards regarding market manipulation and fraudulent activities, according to an October 9, 2019 announcement. No Bitcoin ETF for Now...

Libra waving at mastercard visa and stripe dudes

Mastercard, Visa and Stripe Asked to Reconsider Facebook Libra Participation by U.S. Senators

October 9, 2019 by Aisshwarya Tiwari at Altcoins

In a letter to Visa, Mastercard, and Stripe, Senate Democrats Sherrod Brown and Brian Schatz have asked the companies to reconsider their involvement with Facebook’s controversial Libra cryptocurrency project. This according to a report by BNN Bloomberg, published on October 8, 2019. Senators Try to Sway Companies Away from the...

Cryptocurrency Ratin Council Rating Bitcoin and other crypto stars

Coinbase, Kraken, Poloniex, and Bittrex Devise Security Token Rating Framework

September 30, 2019 by Ashwath Balakrishnan at Bitcoin

Major cryptocurrency exchanges have come together to formulate a rating model for cryptocurrencies to justify the listing of a cryptoasset to American regulators, as reported by Wall Street Journal, September 30, 2019. Previously, the SEC has brought the power of the law down upon multiple startups for issuing a security...

Man sitting down calculating bitcoin Tax

U.S. Accounting Firm H&R Block Offers Cryptocurrency Tax Consulting

September 25, 2019 by Aisshwarya Tiwari at Bitcoin

H&R Block, a New York Stock Exchange-listed global consumer tax services provider, on September 24, 2019, announced the launch of a new consumer service that would aid people engaging in digital currency transactions correctly file their crypto gains and losses with the Internal Revenue Service (IRS). Filing Crypto Tax Made...

SEC Defers Judgement on Wilshire Phoenix ETF, Again

September 25, 2019 by Ashwath Balakrishnan at Bitcoin

An expected turn of events has once again occurred as the SEC released a public filing stating their intent to gather more public commentary on Wilshire Phoenix's Bitcoin ETF proposal before coming to a conclusion, September 24, 2019. It is worth noting Bitwise's ETF proposal was not addressed, and this...

Ripple next to judge hammer security XRP

The Ripple Legal Battle: Is XRP a Security Token or Not?

September 20, 2019 by Edoardo Vecchio at Altcoins

According to news published by Fortune, September 20, Ripple, the company behind the cryptocurrency XRP asked a federal court to dismiss the class action that would claim XRP as security. Security or not Security? As informed by BTCManager in August 2019, a group of investors filed a complaint against Ripple...

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