19 / 43 Relevant items tagged with #UnitedStates

Posts

Crypto advocacy group pushes back against proposed IRS rules on brokers

[Nov 13, 2023 2:20 PM] The Blockchain Association claimed the U.S. Treasury overstepped its authority in proposing crypto tax rules difficult or impossible to follow by many in the space.

U.S. FSC to discuss illicit activity in crypto at upcoming hearing

[Nov 13, 2023 7:19 AM] Discussions around illicit activity, such as money laundering and terror financing, will take center stage at the Financial Services Committee hearing.

Ethics watchdog rats out Circle for links to Tron in letter to Sens. Warren, Brown

[Nov 10, 2023 8:41 PM] The Campaign for Accountability wanted to let the anti-crypto senators know that the threat of terrorist financing with crypto was worse than they thought.

BlackRock ETH ETF helps price past $2k; community sees BTC ETF as 'done deal'

[Nov 10, 2023 4:05 AM] BlackRock has previously also filed for a Bitcoin ETF, for which the SEC approval window is currently open until Nov. 17.

SafeMoon CEO bail release goes on hold after Feds cite flight risk

[Nov 9, 2023 10:24 PM] Prosecutors argued SafeMoon CEO Braden John Karony poses a flight risk given his alleged access to funds and overseas connections.

China AI chip market finds expansion paths despite US export restrictions

[Nov 9, 2023 7:50 AM] The U.S. imposed export restrictions of high-level AI chips to China last October, though Chinese companies are now finding new options to develop their technology.

US lawmakers introduce CLARITY Act to limit federal ties with Chinese blockchain

[Nov 9, 2023 7:04 AM] The act aims to explicitly forbid U.S. government officials from engaging in transactions with iFinex, the parent company of USDT issuer Tether.

Maine state treasurer to focus on handling abandoned cryptocurrency accounts

[Nov 9, 2023 5:29 AM] According to official data available publicly, the state of Maine currently holds over $328 million in unclaimed property.

Chinese president calls for unity on AI challenges and cyber development

[Nov 9, 2023 4:23 AM] Xi Jinping addressed the World Internet Conference Summit, saying there is a need to “deepen” exchanges and cooperation on an international level on AI challenges and cyberspace development.

Rep. Tom Emmer proposes to defund SEC’s crusade against crypto

[Nov 8, 2023 8:25 PM] Rep. Tom Emmer added a provision in the House GOP spending bill that would block the SEC from using government funds to pursue crypto companies until Congress weighs in on who has jurisdiction over crypto.

How to manage crypto losses on tax returns in the US, UK and Canada

[Nov 8, 2023 8:55 AM] Unlock the complexities of cryptocurrency taxation and learn how crypto losses impact your tax liability in the United States, United Kingdom and Canada.

Can blockchain solutions disrupt US inflation forecasting?

[Nov 8, 2023 8:01 AM] New blockchain-based apps like Truflation could be a “healthy development,” given that gauging inflation is more art than science.

Coinbase beefs up its global advisory council with four national security experts

[Nov 7, 2023 11:40 AM] Coinbase is getting wonky with prominent names in national security from both sides of the U.S. political divide. They will join former lawmakers and other strategists.

Biden AI executive order ‘certainly challenging’ for open-source AI — Industry insiders

[Nov 7, 2023 7:08 AM] The executive order on AI safety from the Biden administration has laid out its standards for the industry. However, its vagueness has raised concerns among the AI community over stifling innovation.

Multiple buyers consider purchase and relaunch of ‘irreparable’ FTX

[Nov 7, 2023 7:01 AM] Rebooting a tarnished name is difficult and some firms are so utterly compromised by their failures that there is no real hope of rehabilitation.

Jury finds SBF guilty on all charges, sentencing set for March 2024: Law Decoded

[Nov 6, 2023 1:30 PM] Bankman-Fried’s crimes each carry a maximum sentence of five to 20 years in prison.

China ‘does not want to miss out’: Community reacts to HK spot Bitcoin ETF news

[Nov 6, 2023 5:16 AM] Despite regulatory clarity, Hong Kong has failed to pick up the pace regarding futures-based cryptocurrency ETFs so far.

FTX advisers sharing customers’ data with FBI: Report

[Nov 3, 2023 1:47 PM] FTX advisers have complied with subpoenas from multiple FBI field offices in recent months, providing law enforcement with records of some customers’ trades.

English school turned BTC miner in China expands capacity with 220 new units

[Nov 3, 2023 1:00 PM] BTC Digital used to be a chain of English schools based in Shenzhen. Now it has mining farms in Pennsylvania and Tennessee.

Could regulation have prevented Sam Bankman-Fried’s criminal verdict?

[Nov 3, 2023 11:10 AM] Former FTX CEO Sam Bankman-Fried dreamed of being the president of the United States, but his lawlessness eventually caught up with him.

UK AI Safety Summit: Musk likens AI to ‘magic genie,’ says no jobs needed in future

[Nov 3, 2023 5:07 AM] The second day of the U.K. AI summit featured a one-on-one talk between Prime Minister Rishi Sunak and Elon Musk, who discussed the future of the job market, China and AI as a “magic genie.”

5 nations challenge crypto experts and investigators to target tax crimes

[Nov 3, 2023 3:27 AM] The J5 generates significant leads through events, which, in the past, has helped uncover multimillion-dollar crypto Ponzi schemes, such as the BitClub Network.

SEC seeks summary judgment in Do Kwon and Terraform Labs case

[Nov 3, 2023 12:59 AM] The “evidence” of violations provided by the SEC points to Kwon’s involvement in misleading crypto investors by creating and marketing Terra and its in-house Terra (LUNA) tokens as securities.

Marathon Digital will use landfill methane to mine Bitcoin in Utah pilot project

[Nov 2, 2023 3:44 PM] The BTC miner has partnered with startup Nodal Power for a green, off-grid project that is a small start for a potentially big advancement.

NIST establishes AI Safety Institute Consortium in response to Biden executive order

[Nov 2, 2023 3:00 PM] Documentation from NIST states the consortium will adopt a “broad human-centered focus” with “specific policies.”

ProShares announces launch of short Ether-linked ETF

[Nov 2, 2023 7:06 AM] ProShares’s new Short Ether Strategy ETF is set to start trading on the NYSE Arca under the ticker symbol SETH.

Sam Bankman-Fried ‘doubled down’ by buying Binance’s stake in FTX — US prosecutors

[Nov 1, 2023 2:03 PM] The prosecution is delivering its closing arguments at the Southern District Court of New York, where SBF’s trial has been taking place since Oct. 3.

‘That’s fraud,’ prosecutors say in closing arguments at Sam Bankman-Fried trial

[Nov 1, 2023 9:08 AM] The U.S. government delivered its closing arguments in New York in an effort to convince the jury that SBF is guilty of fraud and conspiracy to commit fraud.

UK AI Safety Summit begins with global leaders in attendance, remarks from China and Musk

[Nov 1, 2023 8:08 AM] The U.K. AI Safety Summit concluded its first day with a common declaration, the U.S. announcing an AI safety institute, China willing to communicate on AI safety, and comments from Elon Musk.

GAO finds controversial SEC guidance is subject to congressional oversight

[Oct 31, 2023 3:29 PM] The SEC’s Staff Accounting Bulletin 121 has been the target of much criticism in the crypto community.