32 / 42 Relevant items tagged with #UnitedStates

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Craig Wright Shows ‘Prima Facie Evidence’ of Contemptuous Conduct, U.S. Judge Says

[May 5, 2023 9:51 AM] The computer scientist who claims to be Satoshi Nakamoto is still engaged in a $143 million dispute over bitcoin ownership.

White House to build international standards for DLT

[May 5, 2023 3:55 AM] The White House national strategy listed eight emerging technologies with a focus on building international standards and finding use cases in the economic sector.

Biden Aides Explore Minting $1 Trillion Platinum Coin as Solution to Impending Debt Default

[May 4, 2023 1:30 PM] As the United States stares down the barrel of a potential debt default come June, a curious and intriguing solution has emerged: crafting a single $1 trillion platinum coin. This unusual tactic exploits a legal loophole that allows the Treasury…

Central Bank Digital Currencies Are Unexpectedly Becoming a Presidential Election Issue

[May 4, 2023 9:01 AM] The U.S. has no plans to issue a digital dollar. So why are so many politicians coming out against the idea?

Consensus 2023: Businesses show interest in Web3, despite US regulatory challenges

[May 4, 2023 6:59 AM] Despite negative sentiment toward crypto adoption in the United States, Consensus 2023 attracted thousands of attendees to discuss the potential of blockchain technology and cryptocurrency.

Robinhood returns to court to defend position in case brought by US state regulator

[May 3, 2023 2:40 PM] The Massachusetts Secretary of the Commonwealth's office filed a complaint against Robinhood in December 2020 alleging the platform was in violation of the state’s fiduciary duty standards.

US lawmakers introduce bipartisan bill proposing ban on members investing in ‘financial instruments’

[May 3, 2023 11:10 AM] Representatives Alexandria Ocasio-Cortez and Matt Gaetz — lawmakers diametrically opposed on a variety of issues — joined forces to stop congressional members from trading stocks.

Biden Administration Proposes 30% Tax On Energy Used By Bitcoin Miners

[May 3, 2023 10:06 AM] The Digital Asset Mining Energy excise tax would harm businesses and push innovation out of the United States. The President's new budget proposal for Fiscal Year 2024 includes the Digital Asset Mining Energy (DAME) excise tax, which would require…

SEC crackdown on crypto staking in the US could boost decentralization

[May 2, 2023 7:34 AM] Recent regulatory actions have crypto staking providers in the United States on edge.

ARK Invest spends Int’l Workers’ Day buying $8M in Coinbase shares

[May 2, 2023 3:15 AM] Despite Coinbase shares tumbling amid its legal battle with the SEC, Cathie Wood is still bullish on the crypto exchange.

Poloniex will pay $7.6M settlement to US authorities for 'apparent violations' of sanctions

[May 1, 2023 2:02 PM] OFAC said Poloniex allowed users in Crimea, Cuba, Iran, Sudan and Syria to conduct digital asset trades, deposits and withdrawals between January 2014 and November 2019.

On the shutdown of Bittrex in the US and SEC actions — Bittrex Global CEO at Consensus 2023

[May 1, 2023 12:44 PM] Oliver Linch suggested jurisdictions with established frameworks for crypto and policymakers willing and able to use them were a potential winning combination for fledging firms.

What the Gensler hearing means for US crypto regulation and policy

[May 1, 2023 7:56 AM] Gensler was reluctant to go into details and faced symbolical pressure rather than genuine attempts to interrogate, leaving the crypto industry without any new clarity.

Meta SEC filing reveals debt securities offering plans

[May 1, 2023 7:42 AM] The Facebook parent company filed a prospectus that says it may offer and sell debt securities occasionally.

FDIC pins Signature Bank's failure on poor governance and illiquidity

[Apr 29, 2023 9:22 PM] FDIC blamed SBNY’s board of directors and management for pursuing “unrestrained growth” using uninsured deposits without implementing liquidity risk management strategies.

U.S. House Will Have Crypto Bill in 2 Months: McHenry

[Apr 28, 2023 4:32 PM] AUSTIN, Texas – The U.S. House Financial Services Committee and House Agriculture Committee will put together legislation to oversee the crypto sector in the "next two months" after holding joint public hearings starting May, said Patrick McHenry…

Tax law researchers propose IRS framework for deducting crypto losses

[Apr 28, 2023 1:15 PM] A recently published study appears to advocate for the isolation of crypto assets from other tax deductions where losses are concerned.

California approves blockchain-based digital wallet for gov't services

[Apr 27, 2023 7:50 AM] Santa Cruz voted to approve the use of a blockchain-based digital wallet for government services and official documentation and is set to begin a pilot program in July 2023.

Utah DAO Act: How the law was made and what it means for decentralized business

[Apr 27, 2023 7:07 AM] How the Utah DAO Act went from an idea to a piece of legislation — and the challenges along the way.

EU data watchdog warns of ‘hell on Earth’ scenario for US AI companies

[Apr 25, 2023 10:45 AM] Europe's Data Protection Supervisor predicts trouble abroad and at home for U.S. AI companies that run afoul of GDPR.

5 charged by DOJ over alleged crypto price manipulation scheme

[Apr 24, 2023 11:53 PM] Five people have been charged in relation to alleged market manipulation of an Ethereum-based token called “Hydro.”

Judge approves taps on SBF’s parents’ phones to meet bail conditions

[Apr 24, 2023 6:59 PM] Surveillance software installed on Sam Bankman-Fried’s parents’ phones will track every minute of their activity across browsers, messaging and calls.

Draft bill suggests separating legislation on payment stablecoins and digital asset markets

[Apr 24, 2023 3:47 PM] The draft bill no longer included aspects of an earlier version that included legislation of custodial service providers and algorithmic stablecoins, as well as a CBDC study.

President Biden's New Communication’s Director Owns $50k-$100k Worth Of Bitcoin

[Apr 24, 2023 1:19 PM] According to a disclosure, Ben Labolt owns at least one bitcoin, and will be unable to serve in relation to matters related to past clients.President Biden’s new communications director, Ben LaBolt, owns $50,000-$100,000 worth of bitcoin according…

Gemini to launch derivatives platform outside the United States

[Apr 22, 2023 9:34 AM] The platform's first derivatives contract will be a BTC perpetual contract denominated in Gemini dollars (GUSD), followed by an ETH/GUSD perpetual contract.

Do Kwon lawyers reportedly dismiss SEC's securities fraud allegation

[Apr 22, 2023 12:02 AM] Kwon's lawyers claimed that the SEC failed to prove the alleged defrauding of US investors in connection with Terra’s $40 billion collapse of TerraUSD (UST) and Luna (LUNA).

Lack of regulatory clarity on payment solutions could undermine US sanctions, says expert

[Apr 21, 2023 1:59 PM] Anja Manuel said U.S. sanctions generally work with “responsible” blockchain firms but not when there are fintech solutions available to individuals looking to circumvent them.

Dollar Dominance Fading Amid Growing China Trade, Russia Sanctions Risks, Ray Dalio Says

[Apr 20, 2023 4:30 PM] Fewer nations are willing to hold the U.S. dollar as America’s share in the global economy becomes smaller while China’s role in international trade expands, billionaire Ray Dalio noted. The founder of the world’s largest hedge fund also said that�

Lack of stablecoin regulation could push issuers out of US — Austin Campbell

[Apr 19, 2023 2:15 PM] Lawmakers didn’t reach a consensus between political parties on a stablecoin bill, with one witness warning that this lack of regulatory clarity could drive certain projects abroad.

Hong Kong Judge Rules Crypto Assets as ‘Property,’ Following Similar Rulings Worldwide

[Apr 19, 2023 1:30 PM] In a court case linked to the now-defunct crypto exchange Gatecoin, a Hong Kong judge has ruled that cryptocurrencies are “property” which is “capable of being held on trust.” According to the law firm Hogan Lovells, this…