Category: U.S
Cryptocurrency News From The U.S
US Banking Loopholes Revealed as FTX’s Stake in Rural Bank Discovered
The ongoing FTX Group bankruptcy proceedings facilitated the discovery of Sam Bankman-Fried links to Washington rural bank. The investigations of FTX’s downfall illustrated potential unethical…
US SEC Goes After Another Crypto Firm Alleging Solicitation Of Unregistered Securities
In recent years, the US Securities and Exchange Commission has shown a lot of aggression against cryptocurrency projects. It tends to take legal action against…
US SEC Setting Up Dedicated Office For Reviewing Crypto Filings
The Securities and Exchange Commission (SEC) in the US has decided to set up a dedicated office that will review all filings related to cryptocurrencies….
Russia Could Use Crypto to Get Around US Sanctions
When Russia invaded Crimea back in 2014, the United States stopped doing business with Russian gas and oil developers, banks and other companies. This resulted…
United States Regulators Call For the Investigation Of Meta’s Novi Project
The Open Market Institute, Demand Progress, and Americans for Financial Reform have appealed to the U.S. Justice Department as well as the rest of the…
Crypto Exchange Binance Is Still Under Investigation For Insider Trading
U.S. authorities are reported to be involved in the inspection of Binance (a crypto exchange) for another time. On Friday, a report by Bloomberg stated…
US Senator Warren urges SEC to Address Crypto Exchange Outages and other Issues
On Tuesday, Senator Elizabeth Warren called on Gary Gensler, the chairman of the US Securities and Exchange Commission (SEC) to increase oversight in regard to…
US SEC Has Charged BitConnect And Its Founder with A $2B Crypto Fraud
Long after BitConnect (a platform for crypto trading) quitted functioning, the US Securities-and-Exchange-Commission has now alleged the founder thereof for fraud. Satish Kumbhani, as well…
US Tax Reporting Plan Brings in A Milestone For The Crypto Sector
The cryptocurrency industry pushed hard for a small portion of the $1 trillion infrastructure package, marking a significant step forward in the sector’s presence in…
VanEck Files With The SEC An ETH Futures ETF Application
The United States SEC has confirmed the receipt of another Exchange-Trust Fund application adding to the list of applications received. This time, the application is…
Report: US Treasury Department Is Set To Clarify Cryptocurrency Tax Reporting Rules In Infrastructure Bill
The Treasury Department of the United States is reportedly looking for the brokers’ definition in the recently submitted infrastructure bill, which was approved by the…
US Lawmaker Initiates Probe against Use of Crypto for Cybercrimes
An investigation aimed towards the usage of crypto for the purposes of committing cyber and other related crimes has been initiated by Gary Peters, the…
Bank of America Permits Some Customers To Trade Bitcoin (BTC) Futures
The second principal bank of the United States named BoA (Bank of America) has signaled an acceptance for some selected customers to exchange BTC (Bitcoin)…
Major Crypto Player Shifting Mining Rigs from China into America
Because of the ongoing suspension of crypto mining activities in the Chinese provinces, one of the biggest Chinese crypto miners, Bit Digital, is transferring about…
SEC Accuses XRP Community Of Spreading Wrong Information About Its Senior Officials
Ripple has been in a clash with the U.S. SEC for a long time, and it looks like things are going to get more intense…
United States Hedge Funds Are Likely To Hold Over 10% Of Assets In Cryptocurrencies In Next 5 Years
Hedge funds from North America are on the frontline of digital asset-curious investors, even though the European Union and United Kingdom-based Hedge funds are not…
Ripple Vs. SEC Lawsuit: What A Settlement In This Case Could Look Like?
The talks of a resolution between the Securities and Exchange Commission (SEC) of the United States and the Ripple Labs are gaining attention despite a…
New York Bitcoin Mining Ban Revised to Allow only Green Projects
Senators from New York have made adjustments to a proposed ban that would all stop crypto mining for at least three years in the city….
SEC Seeks To Expand The Discovery Phase Of Its Case With Ripple
In recent news, the SEC now has plans of potentially extending the discovery phase (pre-trial) by a period of 2 months. This is indicative of…
Diem Association Seemingly Halts Its Lobbying Efforts in the Capital Of US
In the 2021 Q1 disclosure forms filled on the 20th of April, the enormous lobbying program by Facebook continued its puzzling and confusing work around…
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