Gary Gensler discovers a new audience for his crypto scepticism: the United States Army.
The chairman of the Securities and Exchange Commission referred to cryptocurrency as "the Wild West" and warned troops not to "get caught up in the...
In 2023, US authorities will increase their scrutiny of the cryptocurrency industry.
The Securities and Exchange Commission, the Financial Accounting Standards Board, and the Internal Revenue Service are all working to tighten cryptocurrency regulations and expand industry...
The US senator who spearheaded efforts to pass a major crypto bill will not run for re-election.
Senator Debbie Stabenow was one of the lawmakers behind the Digital Commodities Consumer Protection Act, which was introduced in August. Senator Debbie Stabenow of Michigan,...
A US Commissioner urges lawmakers to expedite crypto regulations.
While the European Union moves quickly through the legislative stages with the Markets in Crypto-Assets (MiCA) framework, a groundbreaking framework for cryptocurrencies, the European Union's...
U.S. senators propose amendments to cybersecurity bill for crypto firms
U.S. senators Marsha Blackburn and Cynthia Lummis have proposed amending the 2015 Cybersecurity Information Sharing Act that would allow firms engaged in crypto assets and...
United States: Will this new bill ban Terra-like stablecoins for 2 years
A recent Bloomberg report stated that upcoming legislation would ban algorithmic stablecoins such as TerraUSD that collapsed in May this year leading to a global...
Why did the U.S. Treasury ask for public comments on crypto regulation?
The U.S. Department of Treasury has asked the public to submit comments on digital assets, including cryptocurrencies. The Treasury has invited comments on the illicit...
The United States treasury department wants this on the CBDC front.
A recent report published by the U.S. Treasury Department outlines the administration’s plans for financial alternatives like CBDCs and their role in future payments. The...
Binance US is no longer charging fees for Bitcoin trades.
BinanceUS, an American cryptocurrency exchange, no longer charges fees for purchasing or selling Bitcoin in US dollars. This includes no costs on Bitcoin trades for...
Coin Center sues the US Treasury for alleged financial espionage.
Coin Center filed a federal district court complaint against the Treasury Department, contesting the execution of Section 6050I's reporting obligation. Coin Center, a non-profit blockchain...
Community fires back at anti-crypto letter sent to US lawmakers
Tech lawyer Preston Byrne blasted the signatories, describing some of them as “unapologetic attention seekers.” The increase of crypto lobbyists recently sparked an effort from...
US energy company opens crypto mining facility in Middle East to use stranded natural gas
Denver-based Crusoe Energy will help the Middle East nation to cut the gas flaring with the pilot project scheduled for the end of 2022. As...
Fed governor explains who needs crypto regulation and why demand for it is growing
Experienced investors know how to survive, Christopher Waller reasons, but there can be wide repercussions when small investors are hit with losses. Regulation is needed...
ForUsAll, a cryptocurrency 401(k) provider, has filed a lawsuit against the US Department of Labor.
ForUsAll, a 401(k) provider with over $1.7 billion in assets under management (AUM), has filed a lawsuit against the United States Labor Department (DOL) for...
Fed money printer goes into reverse: What does it mean for crypto?
The United States Federal Reserve is starting the process of paring back its $9 trillion balance sheet that ballooned in recent years in a move...
A measure is being drafted that would prohibit the use of China’s digital yuan in US app shops.
Three Republican senators sponsored legislation to safeguard Americans against the "Authoritarian Digital Currencies Act." US lawmakers are taking steps to shield the country from the...
The FED poll underscores this ‘concerning’ discrepancy in crypto use among U.S. adults…
Despite a few hitches, the digital asset market has flourished in recent years, particularly in terms of adoption. Investors, dealers, and well-known financial organisations all...
Disgraced Republican Rep Faces House Probe Over ‘Let’s Go Brandon’ Coin
Rep. Madison Cawthorn (R-SC) lost a recent primary contest after participating in outlandish behaviour that included violating the law many times and accusing fellow members...
Rep. Donalds of Florida presents a companion measure to the Financial Freedom Act in the House.
The Republican congressman backs Sen. Tommy Tuberville's Senate measure as well as financial services firms who want to integrate cryptocurrency in their 401(k) product offerings....
The United States Congress has finally introduced crypto laws; here’s what you should know.
Following careful consideration, the United States Congress has expanded on its plan to regulate cryptocurrencies and other digital assets. Legal uncertainty around digital assets has...
US federal judge approves of Justice Dept criminal complaint on using crypto to evade sanctions
An unnamed individual allegedly sent more than $10 million in Bitcoin to an exchange in a country for which the U.S. currently imposes sanctions. The...
The US Senate has re-elected Fed Chair Jerome Powell for another four years.
The Senate confirmed Jerome Powell as the next chair of the Federal Reserve System, where he will also serve as a board member until 2028,...
Environmental groups have urged the US government to take action against cryptocurrency miners.
Among the proposals, the coalition of eight organisations asked the EPA to subject PoW mining corporations to "stringent reviews" of operating licences. A coalition of...
According to a study organisation, 3.6 million Americans will utilise cryptocurrency to make a purchase in 2022.
Insider Intelligence analysts think that the transactional value of cryptocurrency will climb by 70% in 2022. According to a study organisation, the number of individuals...
Binance United States has granted a money transmitter licence to Puerto Rico.
Binance CEO Changpeng Zhao's aim to be licenced everywhere is strengthened by the new Puerto Rico licence. Binance has been granted a money transmitter licence...
The United States Air Force has filed a trademark application for its ‘SpaceVerse’ effort.
SpaceVerse was characterised as "a safe digital metaverse that converges terrestrial and space physical and digital realities" that also serves as a training environment. The...
Since January, a crypto-focused PAC has spent $9 million to boost Democratic candidates.
The Protect Our Future PAC spent more than $9 million on digital, television, and radio advertisements for U.S. House of Representatives candidates. Protect Our Future,...
Ripple’s CTO bares all: From the SEC’s lawsuit to crypto rules in the United States
In a recent interview with ThinkingCrypto presenter Tony Edward, Ripple CTO David Schwartz discussed the ongoing SEC case, Ripple's future development goals, and his thoughts...