11 / 42 Relevant items tagged with #UnitedStates

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House fails to override Biden’s veto on nullifying SEC crypto rule

[Jul 11 9:58 AM] Though the resolution overturning an SEC rule on banks handling crypto passed in the House in May, the legislation required at least 288 members to override President Biden’s veto.

SEC will not pursue enforcement action against Paxos

[Jul 11 9:02 AM] The stablecoin issuer received an SEC Wells notice in February 2023 warning of a potential lawsuit over Binance USD as an unregistered security.

Supreme Court ruling ‘changes the game’ for US crypto firms

[Jul 11 7:51 AM] The high court’s decision further bolsters the argument “that Congress, not an agency, should decide if — and how — to regulate Web3.”

BitMEX expects ‘no further fines’ for ‘old’ AML violation in US

[Jul 11 1:23 AM] BitMEX addresses the DOJ’s BSA charge as a past issue, highlighting their compliance improvements and founders’ prior penalties.

CFTC Chair reiterates BTC and ETH are commodities in testimony

[Jul 10 7:53 PM] Head of the US commodities regulator, Rostin Behnam, has again argued his agency should be given regulatory oversight of Bitcoin and Ethereum to better protect investors.

BitMEX pleads guilty to Bank Secrecy Act violation

[Jul 10 3:38 PM] BitMEX co-founders Arthur Hayes, Benjamin Delo, and Samuel Reed pleaded guilty to similar criminal charges in 2022 and received probation.

The City of Santa Monica is Opening a Bitcoin Office

[Jul 10 6:03 AM] The City of Santa Monica is making history by opening an official Bitcoin office. The city council unanimously voted to pilot the office in partnership with the nonprofit Proof of Workforce at no cost to the city.The office has four key goals, as…

Chamber of Progress says Biden can ‘still win’ on crypto against Trump

[Jul 9 12:20 PM] According to the advocacy group, the US president still has an opportunity to counter Donald Trump’s “change of heart on cryptocurrency” by supporting regulation.

Sentencing for ex-FTX execs set for October, November

[Jul 9 9:14 AM] Former FTX executives Nishad Singh and Gary Wang, who both testified at Sam Bankman-Fried’s criminal trial, are scheduled to be sentenced later this year.

US Republicans under Trump include crypto in official party platform

[Jul 8 3:00 PM] The party, which vowed to oppose a CBDC and defend Bitcoin mining, is scheduled to meet on July 15-18 and select a nominee for U.S. President.

VanEck and 21Shares send amended Ether ETF filings to SEC

[Jul 8 1:31 PM] Some experts are still speculating that the final approval of spot Ether exchange-traded funds could allow listing and trading as early as July.

Cynthia Lummis backs Ian Cain over crypto lawyer John Deaton for Senate

[Jul 8 9:14 AM] Pro-crypto Senator Cynthia Lummis cited Republican Ian Cain’s understanding of blockchain technology and the digital economy in his campaign to unseat Democrat Elizabeth Warren.

Bitcoin Crashed Below $55,000 But Traders Are Not Fearful, Why?

[Jul 5 10:00 PM] As Bitcoin faces strong headwinds, breaching two critical support levels at $60,000 and $56,500 in quick succession, it may, on the surface, appear that fear is gripping the market. There are reasons to be afraid, especially for coin holders…

Big Tech faces financial reckoning if human-level AI doesn’t happen soon

[Jul 5 2:14 PM] Sequoia Capital says the industry needs to make about $600 billion in profit before the current expenditures start to make sense.

NYT AI lawsuit gets weird as OpenAI demands sources for every article

[Jul 4 2:30 PM] It’s unclear whether the judge in the case is considering the request, but the New York Times had a strong response to the request.

Microsoft, Google, Nvidia and more filed SEC warnings that AI could ruin business

[Jul 4 12:23 PM] The reasons ranged from cannibalizing their own businesses to releasing potentially inferior products.

What Bitcoin and the American Dream Have in Common

[Jul 3 7:00 AM] Bitcoin and America mean different things to different people. Both may have been captured by corporate interests. And both are all about freedom.

Robinhood is now available In Hawaii and select US territories

[Jul 2 11:06 AM] The brokerage platform took advantage of Hawaii's recent change to money transmitter licensing to expand to the non-contiguous United States.

Roaring Kitty GME class action lawsuit dropped after 3 days

[Jul 1 7:10 PM] A GameStop investor who accused Roaring Kitty of committing securities fraud has voluntarily dropped the complaint "without prejudice" meaning he can file another similar lawsuit again in the future.

Experts say latest SCOTUS opinions will limit SEC power over crypto

[Jul 1 2:00 PM] The conservative members of the U.S. Supreme Court sided with two majority opinions that could have lasting implications for federal agencies to enforce laws.

Coinbase will custody digital assets for US Marshals Service

[Jul 1 9:20 AM] The crypto exchange said the federal agency had selected its institutional investing arm “to provide custody and advanced trading services” for large-cap digital assets.

Hawaii crypto firms no longer need MT license, regulator rules

[Jul 1 2:34 AM] While being exempt from the Money Transmitter License requirement, crypto firms in Hawaii will still have to comply with any federal licensing laws.

Vitalik Buterin says crypto regulations have created ‘anarcho-tyranny’

[Jun 29 2:41 PM] The Ethereum co-founder says we’d all be better off with either anarchy or tyranny but not both.

IRS reveals final regulations for crypto broker rules

[Jun 28 5:20 PM] The Internal Revenue Service did not include decentralized exchanges or self-custodial wallets under its broker reporting requirements.

Bitcoin mining company Bitdeer acquires lease for Ohio site

[Jun 28 2:36 PM] The 30-year leasing agreement with the Monroe County Port Authority will provide Bitdeer with up to 570 MW of additional power capacity.

US presidential debate inexplicably omits AI and quantum

[Jun 28 12:04 PM] Other terms that went unmentioned were cryptocurrency, blockchain, central bank digital currency, deepfake and election security.

Coinbase global adviser to join President Biden’s reelection campaign

[Jun 27 2:03 PM] It’s unclear whether Keisha Lance Bottoms will advise the campaign on crypto, but she spoke about digital assets in Atlanta the day before the presidential debate.

US Fed CIO says it’s ‘hard to justify’ hiring human coders over AI

[Jun 27 11:00 AM] The Federal Reserve’s leadership seemingly views generative AI as a “super analyst” capable of turbocharging the agency’s work process.

Bitcoin ETF issuer VanEck files for Solana ETF in the US

[Jun 27 7:23 AM] According to VanEck’s head of digital assets research, VanEck is the first company in the United States to file for a Solana ETF.

North Carolina’s CBDC ban bill heads to governor’s desk

[Jun 26 7:32 PM] North Carolina Governor Roy Cooper will now either sign or veto the law that bars the state’s government from accepting a Federal Reserve CBDC, potentially joining Louisiana.