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Latest United States News
A United States district court has sanctioned the Securities and Exchange Commission (SEC) for demonstrating “bad faith” in its legal actions against Debt Box, a company accused of operating a $50-million fraudulent cryptocurrency scheme. The court’s decision, articulated by Judge…
Crypto-focused PACs, backed by the industry’s giants, are making waves in Senate campaigns to elect crypto-friendly leaders. Crypto-focused political action committees (PACs) like Fairshake are rising, with significant financial contributions to Senate races. Backed by prominent figures in the cryptocurrency…
United States President Joe Biden has put forward a proposal in his next year’s budget to impose a 30% tax on the electricity consumption of cryptocurrency mining operations. The proposal is part of the “Fiscal Year 2025 Revenue Proposals,” aiming…
BlackRock, a global leader in asset management, is in the process of seeking regulatory approval to incorporate spot Bitcoin exchange-traded funds (ETFs) into its Global Allocation Fund, known as MALOX. The firm updated its filing with the United States Securities…
The Montenegro Court of Appeals has ruled against fugitive Do Kwon's extradition to the United States to face fraud charges.
Donald Trump, known for his outspoken views, has previously been critical of cryptocurrencies. However, his stance on digital assets has softened in recent times. Donald Trump, renowned for his role as the former U.S. president and his outspoken nature, has…
BitFuFu, a leading cryptocurrency mining company, has announced its intention to become a publicly traded entity on the Nasdaq stock exchange following a merger with Arisz Acquisition Corp. This development marks a significant milestone in the digital asset mining industry,…
The House Financial Services Committee (HSFC) recently cast votes on a resolution aimed at nullifying a guideline from the United States Securities and Exchange Commission (SEC), which has been a barrier for banks wishing to engage in cryptocurrency custody services.…
Crypto exchange Kraken announced the launch of Kraken Institutional on Feb. 27, a new division aimed at delivering specialized services to institutional clients. This move is part of Kraken’s strategy to secure a significant position in the Bitcoin exchange-traded fund…
A group of five United States senators has taken significant action against the proposal of a digital dollar by introducing a bill aimed at prohibiting the issuance of central bank digital currencies (CBDCs). Senators Ted Cruz (R-TX), Bill Hagerty (R-TN),…
Bitcoin-backed funds from the U.S. ushered most of $598 million in digital asset investment product inflows last week.
Do Kwon’s extradition to the U.S. was decided on Feb. 21, but his attorneys are not surrendering arguments against the decision by a Montenegro High court.
There is the increased regulatory scrutiny that we can expect defi to face going forward, thanks to the sector’s close connection with the crypto industry.
There’s no need to ban crypto mines in the US; they can be easily regulated with local and state ordinances that secure property rights.
The only thing that has changed is the increased recognition and support from regulators and major financial institutions.
Ripple plans to buy Standard Custody and Trust Company, a New York-based firm specializing in digital asset services, to boost its regulatory licenses.