Australian federal police seizes $4.5M in assets tied to 2013 crypto theft

Australian authorities have seized more than $4.5 million in assets from a Queensland man, who was linked to the 2013 theft of 950 BTC from a French crypto exchange. In a May 18 statement, AFP-led Criminal Assets Confiscation Taskforce said…

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If the Fed prints more money, what’s at stake for Bitcoin?

When Federal Reserve official Neel Kashkari appeared on CNBC and said the Fed has “tools to provide more liquidity to the market,” Crypto X instantly interpreted this statement as a vow to print dollars. If it happens, what are the…

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Australian Federal Police warn of Binance impersonation scam targeting locals

The Australian Federal Police have kicked off an investigation into a major crypto scam where fraudsters posed as Binance representatives to defraud locals. In a joint statement, the AFP, National Anti-Scam Centre, and Binance Australia revealed that the scam was…

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SEC’s Division of Corporation Finance says memecoins are not securities

Memecoins may not be subject to United States securities laws, according to a recent statement from the Securities and Exchange Commission. On Feb. 27, the commission’s Division of Corporation Finance addressed a long-standing debate over whether cryptocurrencies—particularly memecoins—fall under federal…

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SEC declares memecoins are not securities in landmark staff statement

The US Securities and Exchange Commission’s (SEC) Division of Corporation Finance clarified that memecoins do not constitute securities under federal law, marking a notable stance on a sector of the crypto market often fueled by speculation and internet culture.

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Major Win For Memecoins: SEC Affirms They Typically Do Not Qualify As Securities

In a recent statement, the US Securities and Exchange Commission (SEC) provided insights into the classification of memecoins within the context of federal securities laws.   This move, a part of the SEC’s attempt to make clear how these regulations apply to different assets, could prove to be a significant victory for these altcoins and the exchange-traded funds (ETFs) that have been filed with the regulator.

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'Just Like Gold': Fed's Powell Makes Crucial Bitcoin Statement

Federal Reserve Chair Jerome Powell says that Bitcoin is competing with gold

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SEC enforcement director Gurbir Grewal resigns

Gurbir Grewal has resigned from the SEC after three years at the regulator and over 100 crypto-related enforcement actions. According to a U.S. Securities and Exchange Commission statement, Gurbir Grewal, the agency’s director of enforcement, will retire from the federal regulator…

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German authorities shutdown 47 crypto exchanges facilitating crime, seize servers, data

German authorities have shut down 47 cryptocurrency exchanges for their role in facilitating criminal activities, according to a joint statement from the Central Office for Combating Internet Crime (ZIT) and the Federal Criminal Police Office (BKA).

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IBIT, FBTC, ARKB, BITB: time to buy or sell Bitcoin ETFs?

Spot Bitcoin ETFs continued doing well this week as investors reacted to the encouraging statement by the Federal Reserve.   These funds saw inflows for four consecutive days through September 17 when they added over $186 million in assets.

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Bitwise CIO says Powell’s remarks could spark a new Bitcoin bull run

Bitwise CIO Matt Hougan believes that US Federal Reserve Chair Jerome Powell’s recent dovish comments could ignite a new bull market for Bitcoin. Hougan, in an Aug. 27 note to investors, emphasized that Powell’s statement has alleviated some of the uncertainty surrounding Bitcoin.

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Crypto price predictions: Solciety, Binance Coin, and Toncoin

Cryptocurrency prices dived sharply this week after the Federal Reserve delivered a more hawkish statement than expected. Bitcoin dived to $66,000 while the total market cap of all coins plunged by over 5% to $2.

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Ripple $25 million crypto education contribution amid rising importance in 2024 election

Ripple has highlighted the 2024 US election as a crucial juncture for the crypto industry, according to a May 29 statement. In response, the company has donated $25 million to Fairshake, a federal super PAC that backs pro-crypto and pro-innovation candidates.

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Fed chair Powell confirms regulator has no plans to recommend, adopt CBDCs

US Federal Reserve Chair Jerome Powell told lawmakers that the regulator remains far from adopting or even recommending a central bank digital currency (CBDC). Powell made the statement during a March 7 Senate Banking Committee hearing on monetary policy.

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Federal Reserve Bank of Atlanta urges caution while embracing crypto in banking

The Federal Reserve Bank of Atlanta, via its Board of Governors, recently outlined its stance on integrating crypto and financial innovation within the banking sector, emphasizing a dual focus on regulatory adherence and technological advancements. A Feb. 26 statement by…

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Crypto Exchange Coinbase Germany Ordered by Regulator to Tackle "Organizational Deficiencies"

Germany's Federal Financial Supervisory Authority (BaFin) uncovered the issues during an audit of financial statement.

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Jerome Powell Contradicts Fed’s Own Statement, Chaos Ensues

The Federal Reserve raised interest rates again, but Jerome Powell’s speech leaves many feeling uncertain as to the course the Fed will take in the future.

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Canada includes consultation on crypto, stablecoins, CBDCs in Economic Statement

The Canadian federal government yesterday announced the launch of a consultation paper on cryptocurrencies, stablecoins, and Central Bank Digital Currencies (CBDCs). The information was revealed in thThe post Canada includes consultation on crypto, stablecoins, CBDCs in Economic Statement appeared first on AMBCrypto.

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Canada Announces Crypto, Stablecoin Consultation in New Budget Statement

Federal government plans to examine crypto, which it said is "transforming financial systems" around the world.

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US Federal Deposit Insurance Corporation Warns 5 Crypto Firms Against Misleading Customers

The US Federal Deposit Insurance Corporation (FDIC) has issued cease and desist letters to five crypto firms for allegedly misleading customers about its workings or their affiliation. According to a Friday statement, the agency accused FTX.

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Bitcoin rises to over $40k as Feds increase rate

The Federal Reserve has issued a public statement announcing a hike in interest rate after the FOMC meeting. The post Bitcoin rises to over $40k as Feds increase rate appeared first on CryptoSlate.

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Fed Raises Benchmark Interest Rate by 25 Basis Points

Members of the Federal Open Market Committee said in a statement that it will raise interest rates by a quarter-percentage point, the first time the Federal Funds rate is raised since 2018.

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Bitcoin, Stocks Jump on Interest Rate Held at Near Zero

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Bitcoin rises to $38,000 and falls after the Fed's decision

The statement of the US Federal Reserve Service put an end to the growth of bitcoin. The first cryptocurrency lost $2,000 in price and returned to $35,000.

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U.S. regulatory agencies release joint report on 'potential crypto-asset activities' of banking organizations

"Policy sprints" Three major US agencies--Federal Reserve, Federal Deposit Insurance Corporation and Office of the Comptroller of the Currency-- released a joint statement recently. It listed crypto The post U.

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Risk-on Assets Rally on Priced-in Tapering “Later this Month,” But Aggressive Rate Hikes Would Be “Extremely Bearish”

The US Federal Reserve has announced that it will soon begin reducing the speed of its monthly bond purchases. Tapering will start “later this month,” said the policymaking Federal Open Market Committee (FOMC) in its post-meeting statement.

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CBDC Likely, But Not With Blockchain Says Former Boston Fed President

Eric Rosengren, former President of the Federal Reserve Bank of Boston made a public statement making the concept of a CBDC in the USA a little more clear. The post CBDC Likely, But Not With Blockchain Says Former Boston Fed President appeared first on BeInCrypto.

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US Treasury Secretary Mandates Federal Regulators on Stablecoin Laws

Janet Yellen, the Secretary of the US Treasury has said that it was imperative for regulators to establish a regulatory policy for stablecoins.   Stablecoin Regulation a Priority for US Authorities Yellen’s statement was revealed in a readout of the meeting held on Monday (July 19, 2021).

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Fed Expects 2 Rate Hikes in 2023, Stock Market Plunges, Powell Anticipates Higher Inflation

The Federal Reserve on Wednesday told the public that it has forwarded the time frame for raising interest rates. “Progress on vaccinations will likely continue to reduce the effects of the public health crisis on the economy, but risks to the economic outlook remain,” the Federal Open Market Committee (FOMC) said in a statement. The […]

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Diversification into Bitcoin a ‘prudent move,’ says Bloomberg strategist

The statement appeared as Bitcoin investors waited for fresh economic projections from the Federal Reserve and China pledged to release metal reserves amid concerns over commodity rally.

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UK Man to Pay Over $570 Million For Running Fraudulent Bitcoin Trading Scheme

A  UK man, Benjamin Reynolds has been charged $571 million by the Commodities Futures Trading Commission (CFTC) for scamming US Clients and receiving over 22,000 BTC in 2017. On March 26, the CFTC said in an official statement that the Federal Court had ordered Reynolds to pay a fine of $429 million and $143 million […]

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Bitcoin is More of a Gold Substitute than the Dollar, Fed Chair Powell Says

The Chair of the US Federal Reserve argues that while Bitcoin (BTC) is too volatile to be considered money and is “backed by nothing,” it could be a substitute for gold. He also recently made a statement on Bitcoin, which has affected the asset’s price seeing it drop by $1,000. Powell’s View on Cryptocurrencies InRead More

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Anchorage Obtains Federal License to Operate as Crypto Bank

The U. S. Office of the Comptroller of the Currency (OCC) has granted conditional approval to crypto custodian Anchorage to launch the first federally chartered digital asset bank in the country. In a statement on Jan.

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US federal regulators released a new statement on stablecoins

Stablecoins have been a major topic in and out of the crypto industry recently — not only due to all the CBDCs that are being developed in the world, but also because of coins such as Facebook’s Libra.

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PWG publishes a statement on the regulation of specific stablecoins

The President’s Working Group on Financial Markets (PWG) has released a statement regarding the regulation of stablecoins. The group, which comprises representatives from the Treasury, the Federal Reserve, the SEC, and the CFTC, published the statement on December 23, focusing on US-issued stablecoins.

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SEC: Broker-dealers holding security tokens won't be subject to enforcement action for 5 years

United States Securities and Exchange Commission (SEC) today issued a statement and requested for comment on the issue of “custody of digital asset securities by broker-dealers.”  The federal ageThe post SEC: Broker-dealers holding security tokens won't be subject to enforcement action for 5 years appeared first on AMBCrypto.

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The SEC Is Still Working Out What ‘Qualified Custodian’ Means for Crypto

The SEC’s recent statement about qualified custodians shows the federal agency is still puzzling out important questions for the crypto space.

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Boston Federal Reserve Partners With MIT To Experiment On The Launch Of A Digital Dollar

According to a statement by Federal Reserve Board Governor, Lael Brainard, during the San Francisco's Innovation Office Hours, the Bank is partnering with several institutions to research the possible effects of launching a central bank digital currency (CBDC).

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US Regulator, OCC, Authorizes National Banks and Federal Saving Institutions as Crypto Custodians

U.S. regulator, the Office of the Comptroller of Currency (OCC), allows federal banks and national savings institutions to officially custody cryptocurrencies for their customers. The statement released on July 22, confirms that any national bank or savings facility can now hold on to unique cryptographic keys of cryptocurrencies in their vaults pertaining to custody services. […]

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American Bankers Association (ABA) Rails Against Fed-Run Digital Dollar

The American Bankers Association (ABA) has issued a statement railing against the use of a digital dollar, a distributed ledger technology (DLT)-based payments system run by the U. S. Federal Reserve.

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Ethereum-Based Interest Rate Benchmarks Suggested by Federal Reserve Chairman

United States Federal Reserve Board Chairman, Jerome H. Powell, in a written statement published on May 28, said that Ethereum-based AMERIBOR was one alternative for LIBOR, a benchmark for short-term interest rates.

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Governments Get Aggressive & MMT is Coming Ahead of Bitcoin Halving

Investor confidence was tested today as Federal Reserve Chairman – Jerome Powell – suggests that the central bank may not have the firepower to combat the next recession. To soothe investor fears, Powell issued a short statement on Friday, reaffirming that the central bank would use its tools and “act as appropriate to support the […]

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Dow Crashes as Federal Reserve Goes to War Over Interest Rates

The Dow and broader U. S. stock market reversed gains Wednesday after the Federal Reserve initiated its long-awaited interest-rate cut – but not without some dissension. Dow Plunges; S&P 500, Nasdaq Follow All three major U.

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Facebook gets away with $5B FTC fine for leaking your data

The US Federal Trade Commission (FTC) has slapped a $5 billion fine on Facebook in wake of the Cambridge Analytica scandal and its other data leaks. In an agreement filed today, the FTC has also ordered the social network to make privacy-related changes to avoid such mishaps in the future.

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German police raid another Bitcoin-powered dark web marketplace

German police have busted Chemical Revolution, a dark web marketplace, which allowed consumers to buy narcotics with Bitcoin. According to a press release issued by Germany‘s Federal Criminal Police Office, officers have made 11 arrests in connection with the operation.

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Major Darknet Marketplace Wall Street Market Shuttered by Law Enforcement

Wall Street Market, the second-largest darknet market in the world in recent months, has been shut down by international law enforcement agencies, including Europol as well as U.

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Dow Plummets at the End of Trading as Fed’s Powell Stokes Rate-Hike Jitters

By CCN. com: The Dow and broader U. S. stock gave up gains in the final hour of trading Wednesday, as investors dissected a statement from the Federal Reserve that seemed to imply the door was still open to future rate rises.

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U.S. Taxpayers Can Receive Federal or State Tax Refunds in Bitcoin

By CCN. com: U. S. taxpayers can receive all or part of their federal and state tax refunds in bitcoin. This is being made possible through a collaboration between blockchain payments processor BitPay and Refundo, a provider of tax-related financial products.

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Winklevoss Twins Reach Settlement With Charlie Shrem

The Winklevoss twins reached a settlement with Charlie Shrem on April 16, 2019, declaring that their case against him has been dismissed with prejudice and will not be reopened.

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