30 / 42 Relevant items tagged with #UnitedStates

Posts

SEC is killing innovation in the United States — 1inch co-founder

[Jun 8, 2023 4:58 AM] U.S.-based Web3 companies and cryptocurrency exchanges could be pushed offshore following enforcement actions against Coinbase and Binance.US.

Polygon Labs president testifies on democratizing the internet with Web3, blockchains

[Jun 8, 2023 3:24 AM] The U.S. House Committee explores blockchain and Web3’s future as industry leaders testify on democratizing the internet and regulatory challenges.

Do Kwon could serve prison in both US and South Korea, prosecutor says

[Jun 7, 2023 11:10 PM] South Korean prosecutor Dan Sunghan says Kwon’s extradition to South Korea makes more sense but adds that the Terraform Labs co-founder could also serve time in the United States as well.

Intuit introduces proprietary large language models for fintech with GenOS

[Jun 7, 2023 3:00 PM] Intuit is launching an operating system for generative artificial intelligence that will feature AI models trained on the company’s financial data.

Binance.US halts trading for dozens of USDT, BTC, BUSD pairs amid SEC lawsuit

[Jun 7, 2023 11:31 AM] Binance’s arm in the United States suspended its OTC trading platform and reduced the number of supported convert trading pairs.

ARK Invest buys Coinbase shares the same day SEC serves lawsuit

[Jun 7, 2023 8:34 AM] ARK Invest bought over 400,000 shares of Coinbase stock totaling more than $21 million on the day the SEC served the exchange with a lawsuit.

SEC lawsuit claims Binance.US, Changpeng Zhao put customer funds ‘at significant risk’

[Jun 7, 2023 2:48 AM] One of the latest SEC filings in its lawsuit against Binance claims billions of customer funds are at the “mercy” of Binance CEO Changpeng Zhao.

Bitcoin Life Insurance Startup Raises $19M in Seed Rounds Led by Sam Altman and Gradient Ventures

[Jun 6, 2023 11:30 PM] Meanwhile, a life insurance company that uses bitcoin, has accumulated $19 million through two seed funding rounds. The first round was led by Openai CEO Sam Altman and former Stripe executive Lachy Groom, while Google’s Gradient Ventures…

Sequoia Capital announces three-way split to separate China business

[Jun 6, 2023 11:00 AM] One of the world’s largest venture capital firms, Sequoia Capital, will split into U.S./Europe, India/SEA, and Chinese branches.

US Congressmen blame crypto firms for 'tax gap' in letter to Treasury

[Jun 6, 2023 12:15 AM] In a letter addressed to Treasury Secretary Janet Yellen and IRS Commissioner Daniel Werfel, Congressmen Sherman and Lynch raised concerns about the tax compliance practices in crypto.

Binance lawsuit: 61 cryptocurrencies are now seen as securities by the SEC

[Jun 5, 2023 9:03 PM] With its latest suit against Binance, the United States Securities and Exchange Commission has now labeled at least 61 cryptocurrencies as securities, affecting $100 billion worth of tokens on the market.

Pro-XRP attorney’s phone hacked to promote LAW token

[Jun 4, 2023 2:59 AM] Lawyer John Deaton alerted followers via his daughter’s account, urging people to report the hack as the XRP community responded, spreading awareness.

US lawmakers aim for crypto regulatory clarity with proposed bill putting the screws to SEC

[Jun 2, 2023 2:45 PM] The framework under the bill would allow certain tokens to qualify as digital commodities if they were decentralized and crack down on the SEC’s previous approach to crypto.

CFTC commissioner says proposal to reassess risk management could consider crypto

[Jun 2, 2023 10:03 AM] Christy Goldsmith Romero pointed to the collapse of FTX, Terra and Celsius in having the CFTC reconsider the way it handled risk management.

AI military drone kept murdering its human operator in simulated tests

[Jun 1, 2023 7:16 PM] A United States Air Force colonel said the results of the simulation highlight why a conversation around ethics and artificial intelligence is needed.

Fed board issues order to Silvergate Bank as part of self-liquidation plan

[Jun 1, 2023 3:00 PM] Silvergate Capital Corporation and its crypto-friendly bank will have 10 days to submit a self-liquidation plan in compliance with California and federal requirements.

Microsoft’s CSO says AI will help humans flourish, cosigns doomsday letter anyway

[May 31, 2023 3:00 PM] Eric Horvitz penned a blog post lauding the transformative nature of AI on the same day he cosigned a document warning it could threaten humanity’s very existence.

Sen. Elizabeth Warren points to crypto payments as facilitating fentanyl trade in China

[May 31, 2023 2:30 PM] “The number of crypto transactions associated with Chinese fentanyl brokers increased by 450% just last year alone," said the Massachusetts senator, citing an Elliptic report.

Researchers propose new scheme to help courts test deanonymized blockchain data

[May 30, 2023 3:30 PM] A team of researchers proposed five “argumentative schemes” designed to protect the rights of crypto crime suspects while also helping investigators.

US district judge sends matter of FTX independent examiner to appellate court

[May 30, 2023 1:00 PM] A bankruptcy judge denied a motion for an independent examiner in February, leading to an appeal that may now go to the U.S. Court of Appeals for the Third Circuit.

Deal to avoid US debt default nixes proposed 30% crypto mining tax, says Ohio lawmaker

[May 29, 2023 3:53 PM] According to Representative Warren Davidson, legislation to address the U.S. debt ceiling blocks “proposed taxes,” including a 30% tax on electricity used by crypto miners.

China’s Credit Agency Downgrades US Credit Rating Over Debt-Ceiling Standoff and Looming Default

[May 27, 2023 12:00 PM] China’s oldest credit rating agency, Chengxin International Credit Rating (CCXI), made headlines this week by downgrading the United States’ credit rating. The agency lowered the rating from AAAg to AAg+ and attributed this decision to…

JPMorgan Chase enters generative AI race with IndexGPT trademark

[May 26, 2023 10:21 PM] JPMorgan's ChatGPT rival, IndexGPT, will be used across various business units, including advertising, business consulting and various finance-focused software as a service (SAAS) services among others.

Will This Political Deal In The US Save Bitcoin and Crypto?

[May 26, 2023 3:00 PM] Politicians in the United States will likely strike a deal and raise the government’s $31.4 trillion debt ceiling for two more years. Amid this debate, the price of Bitcoin is firm but lower, tracking below the psychological $30,000 level as bulls…

Ticketing will be a huge use case for NFTs — Gary Vee

[May 24, 2023 7:03 AM] Popular entrepreneur and VeeFriends creator, Gary Vaynerchuck, shared his thoughts on NFT tickets, VeeCon 2024, cryptocurrency and blockchain adoption at VeeCon 2023.

Why Bitcoin is stuck below $28,000 resistance

[May 24, 2023 6:00 AM] On this week’s episode of The Market Report, Cointelegraph’s resident expert discusses why Bitcoin’s price is stuck near $27,000 and the next price level for the king of cryptocurrencies.

White House questions impact of AI surveillance on workers

[May 24, 2023 5:33 AM] Officials in Washington, D.C. said they would hold a listening session to understand the experiences of workers and the usage of AI surveillance in the workplace.

CBDCs on the horizon: The current state of CBDC initiatives around the world

[May 23, 2023 10:14 AM] Central bank digital currencies gain traction as countries worldwide engage in their development despite skepticism from the crypto community.

Bitcoin of America to halt operating unlicensed crypto ATMs in Connecticut

[May 23, 2023 12:20 AM] The Department of Banking highlighted that Bitcoin of America failed to obtain a license as a money transmitter to operate Bitcoin ATM kiosks in the state.

SEC has no authority over crypto, argues defendants in $18M fraud lawsuit

[May 22, 2023 11:44 PM] Two individuals sued by the SEC for allegedly running a fake crypto mining scheme are seeking the suit's dismissal, arguing the regulator has no authority over crypto.