14 / 42 Relevant items tagged with #UnitedStates

Posts

SEC has taken ‘too expansive’ a view of crypto, says former commissioner

[May 9 1:45 PM] Former SEC commissioner Troy Paredes was not the first to criticize the U.S. financial regulator’s lack of clarity on digital assets.

Digital Currency Group revenue jumps 51% in 1Q24 despite GBTC outflows

[May 9 1:20 PM] Revenue at Digital Currency Group (DCG) increased 51% to $229 million in the first quarter of 2024, driven by the rebound in crypto markets.

President Biden says he would veto resolution countermanding SEC crypto rule

[May 8 2:14 PM] After the U.S. House of Representatives postponed proceedings on a resolution overturning an SEC policy affecting crypto, President Joe Biden said he would veto the measure.

U.S. Financial Industry to Explore Sharing Ledger Technology for Multiasset Transactions

[May 8 3:00 AM] Major stakeholders in the U.S. financial sector, including Citi, JPMorgan, Mastercard, Swift and Deloitte, are teaming up to explore sharing ledger technology by simulating multiasset transactions in dollars.

Ex-Digitex Futures Exchange CEO pleads guilty to violating Bank Secrecy Act

[May 7 3:59 PM] U.S. authorities indicted former Digitex CEO Adam Todd in February for failure to implement and maintain an effective Anti-Money Laundering program at the exchange.

Crypto must adapt to laws, not the other way around — John Reed Stark

[May 7 11:02 AM] Former SEC official John Reed Stark has criticized the misuse of “regulation by enforcement” claims in a hearing before U.S. Congress.

Crypto is ‘top of mind for voters’ in US swing states — Harris Poll

[May 7 10:15 AM] A majority of respondents with crypto-positive views said they intended to vote in 2024, where tight elections in certain states could swing to either political party.

Crypto firms to see more enforcement actions within 2 years — CFTC chair

[May 6 2:59 PM] Rostin Behnam said that “without a regulatory framework,” regulators would continue pursuing crypto firms to protect investors from potential fraud and manipulation.

Fairshake PAC and affiliates raise $102M to support crypto candidates

[May 6 12:08 PM] The Super PAC and its two affiliates have backed ads or otherwise supported efforts for crypto-focused candidates from both major political parties.

BTC-e Operator Alexander Vinnik Pleads Guilty to Money Laundering Charges

[May 4 12:09 PM] According to a press release from the U.S. Department of Justice, Alexander Vinnik, a former operator of the BTC-e exchange, has admitted to a conspiracy to launder money. This admission of guilt comes over six years following his arrest in Greece…

BTC-e founder pleads guilty in $9 billion laundering conspiracy

[May 4 3:48 AM] A federal district court judge will determine his sentence in accordance with the U.S. Sentencing Guidelines and other statutory factors.

SEC delays decision on 7RCC’s eco-friendly spot Bitcoin ETF

[May 3 1:10 PM] The U.S. SEC has extended its review period on a rule change that would allow the listing of 7RCC’s Spot Bitcoin and Carbon Credit Futures ETF to June 24, 2024.

SEC will classify Ether as security, deny spot Ether ETFs — Michael Saylor

[May 3 11:48 AM] The MicroStrategy executive speculated that the SEC would consider Ether, BNB, Solana, XRP, and Cardano unregistered crypto asset securities.

CFTC Commissioner wants to create AI Fraud Task Force

[May 3 10:38 AM] Commissioner Kristin Johnson’s remarks came just a day after the CFTC appointed its first chief AI officer.

Coinbase posts $1.2B net income in Q1, surpasses entire 2023 earnings

[May 2 3:45 PM] Coinbase Q1 earnings exceeded full-year 2023 results thanks to market conditions driven by new Bitcoin ETFs.

US lawmakers warn of Iranian crypto miners threatening national security

[May 2 1:30 PM] According to Senators Elizabeth Warren and Angus King, the Iranian government has used funds from crypto mining to fund terrorist organizations.

US lawmakers urge SEC to approve Bitcoin options trading

[May 2 12:20 PM] Representatives Mike Flood and Wiley Nickel urged the SEC's chair Gary Gensler to stop discriminating against Bitcoin funds in a letter.

Hong Kong Bitcoin ETFs not enough to absorb US ETF selling pressure

[May 2 3:51 AM] Despite the excitement around the Hong Kong ETF debut, the inflows are only a fraction of the selling from the U.S. ETFs. Could Bitcoin price revisit the $50,000 mark next?

States’ backlash against Binance.US continues with 6th license pulled

[May 1 3:30 PM] Oregon joins five other states that have delicensed Binance.US after former Binance CEO Changpeng Zhao pleaded guilty to felony charges.

Crypto veterans call out DOJ for targeting Roger Ver a decade after he left US

[May 1 3:33 AM] A majority of the crypto community criticized the US government for its indictment against Ver, and a few users called it a part of the larger anti-crypto stance of the Biden administration.

CZ sentenced: A chronology of Binance’s legal battles in the US

[Apr 30 2:50 PM] Former Binance CEO Changpeng “CZ” Zhao was sentenced to four months in prison for violating U.S. money laundering laws.

Changpeng Zhao four-month prison sentence lighter than expected

[Apr 30 1:52 PM] Prosecutors initially sought to charge the former Binance executive with 36 months.

US Justice Dept charges Roger Ver with tax fraud

[Apr 30 12:49 PM] Early crypto investor ‘Bitcoin Jesus’ faces extradition to the U.S. after being charged with evading nearly $50 million in taxes.

Patrick McHenry accuses Gary Gensler of misleading US lawmakers over Ether

[Apr 30 10:01 AM] The chair of the U.S. House Financial Service Committee alluded to claims in Consensys’s recent lawsuit against the SEC, suggesting an investigation into Ether as a security.

BlackRock’s Bitcoin ETF daily inflow on halt for 4 days

[Apr 30 8:06 AM] While some crypto observers are concerned about IBIT’s inflow halt, others say it’s more normal than the 71-day inflow streak it has recorded.

Samourai Wallet co-founder pleads not guilty, released on $1M bond

[Apr 29 3:49 PM] The terms of Keonne Rodriguez’s bail prevent him from engaging in “any cryptocurrency transactions, directly or indirectly,” without prior approval from the court.

Binance sued in Canada, CZ could serve 36 months in prison: Law Decoded

[Apr 29 1:05 PM] Cryptocurrency exchange Binance is under legal pressure in Canada and the Philippines, while U.S. prosecutors are demanding 36 months in prison for Changpeng Zhao.

SEC and Gensler believed Ether was security for at least a year

[Apr 29 8:09 AM] In April 2023, Gensler refused to answer repeated questions on whether the SEC believed Ether was a security.

US stablecoin bill to ‘cement’ dollar dominance, fight sanction evasion

[Apr 29 7:41 AM] The Lummis-Gillibrand Payment Stablecoin Act is a step in the right direction, but enactment in an election year may be difficult.

DOJ challenges motion to dismiss Tornado Cash co-founder’s charges

[Apr 28 1:28 AM] According to the filing, the DOJ criticized Tornado Cash’s co-founders for inadequate changes to exclude sanctioned addresses.