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New US bill aims to eliminate double taxation on crypto staking rewards
Two U.S. lawmakers have proposed a bill that clarifies the taxation framework for cryptocurrency staking rewards. Bipartisan lawmakers Reps. Wiley Nickel, D-N.C., and Drew Ferguson, R-Ga, introduced the Providing Tax Clarity for Digital Assets Act on May 1 to clarify… дальше »
2024-5-2 12:09
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Crypto community reacts to Changpeng Zhao’s 4-month sentence
On April 30, Judge Richard Jones sentenced Zhao to four months in prison, going against the U.S. Department of Justice (DOJ)’s recommendation for a three-year jail sentence. London-based financial services lawyer Rabya Anwar told crypto.news that the stories of Zhao… дальше »
2024-5-1 12:02
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Bitcoin Whales, Not Retailers, Are Safe If The United States Government Begins Confiscating Coins: Analyst
Willy Woo, an on-chain analyst, took to X on April 29, raising concerns about the fate of retail Bitcoin investors if the world, especially the United States, plunges into a recession. Woo, referencing historical events, argues that while large Bitcoin holders, or “whales,” are likely to weather the storm since they control private keys of their coins, […] дальше »
2024-4-30 05:00
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US senators cracking down on crypto use in child abuse trade
U.S. senators Elizabeth Warren and Bill Cassidy have urged the Department of Justice (DOJ) and Department of Homeland Security (DHS) to double down on their efforts to combat crypto use in the market for child sex abuse material (CSAM). In… дальше »
2024-4-26 14:18
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Uniswap nosedives 16% on news of Wells notice
Uniswap‘s token UNI has dropped 17% following a lawsuit notice from US regulators sinking to $9.27, its lowest since late February. The latest decline coincided with the exchange receiving an official investigation Wells notice from the SEC. The market cap… дальше »
2024-4-12 14:44
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US senators to unveil bipartisan stablecoin legislation
Senator Kirsten Gillibrand revealed ongoing discussions about forthcoming stablecoin regulation дальше »
2024-4-10 17:09
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Former Ethereum advisor sues U.S. for $9.6b over dropped extortion charges
Steven Nerayoff, a former adviser to Ethereum, has initiated a lawsuit against the U.S. government, seeking $9.6 billion. дальше »
2024-4-10 18:21
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Cardano Approached By Several US States For Blockchain Voting
The Cardano Foundation has been approached by several US states interested in developing a blockchain-based voting system. This information came to light during a recent interview with Frederik Gregaard, CEO of the Cardano Foundation, conducted by DailyCoin. дальше »
2024-4-3 12:45
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Defending decentralization Tron fights back at SEC lawsuit
Tron Foundation, the organization behind the Layer 1 blockchain network Tron, has asked the United States Securities and Exchange Commission (SEC) to dismiss a securities lawsuit against the platform. дальше »
2024-4-2 14:18
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OKX repositions US compliance team as highest priority
Offshore exchange OKX has moved its U.S. compliance team to top priority within the organization. дальше »
2024-3-29 23:35
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Federal court sanctions SEC for gross misconduct in Debt Box case
A United States district court has sanctioned the Securities and Exchange Commission (SEC) for demonstrating “bad faith” in its legal actions against Debt Box, a company accused of operating a $50-million fraudulent cryptocurrency scheme. дальше »
2024-3-19 10:51
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Biden’s budget revives 30% tax on crypto mining to broaden digital asset tax base
United States President Joe Biden has put forward a proposal in his next year’s budget to impose a 30% tax on the electricity consumption of cryptocurrency mining operations. The proposal is part of the “Fiscal Year 2025 Revenue Proposals,” aiming… дальше »
2024-3-12 12:39
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BlackRock seeks SEC approval for Bitcoin ETF inclusion in Global Allocation Fund
BlackRock, a global leader in asset management, is in the process of seeking regulatory approval to incorporate spot Bitcoin exchange-traded funds (ETFs) into its Global Allocation Fund, known as MALOX. дальше »
2024-3-9 12:39
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Do Kwon’s US extradition stricken by Montenegro court
The Montenegro Court of Appeals has ruled against fugitive Do Kwon's extradition to the United States to face fraud charges. дальше »
2024-3-5 20:04
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Donald Trump turns attention to cryptocurrency. What’s behind the shift?
Donald Trump, known for his outspoken views, has previously been critical of cryptocurrencies. However, his stance on digital assets has softened in recent times. Donald Trump, renowned for his role as the former U. дальше »
2024-3-5 15:48
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BitFuFu to go public on Nasdaq following merger with Arisz Acquisition
BitFuFu, a leading cryptocurrency mining company, has announced its intention to become a publicly traded entity on the Nasdaq stock exchange following a merger with Arisz Acquisition Corp. This development marks a significant milestone in the digital asset mining industry,… дальше »
2024-3-1 13:53
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US House Committee moves to overturn SEC rule limiting bank crypto custody
The House Financial Services Committee (HSFC) recently cast votes on a resolution aimed at nullifying a guideline from the United States Securities and Exchange Commission (SEC), which has been a barrier for banks wishing to engage in cryptocurrency custody services.… дальше »
2024-3-1 11:19
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Kraken unveils new institutional division as Chamber of Commerce steps in against SEC lawsuit
Crypto exchange Kraken announced the launch of Kraken Institutional on Feb. 27, a new division aimed at delivering specialized services to institutional clients. This move is part of Kraken’s strategy to secure a significant position in the Bitcoin exchange-traded fund… дальше »
2024-2-29 12:47
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U.S. Senator Cruz leads the charge against CBDC to protect privacy and prevent surveillance
A group of five United States senators has taken significant action against the proposal of a digital dollar by introducing a bill aimed at prohibiting the issuance of central bank digital currencies (CBDCs). дальше »
2024-2-29 12:31
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Bitcoin leads digital asset funds in 4th straight week of inflows
Bitcoin-backed funds from the U.S. ushered most of $598 million in digital asset investment product inflows last week. дальше »
2024-2-27 23:17
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Do Kwon to contest US extradition in Montenegro
Do Kwon’s extradition to the U.S. was decided on Feb. 21, but his attorneys are not surrendering arguments against the decision by a Montenegro High court. дальше »
2024-2-23 23:57
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Spot Bitcoin ETFs are here. What’s next? Regulating defi? | Opinion
There is the increased regulatory scrutiny that we can expect defi to face going forward, thanks to the sector’s close connection with the crypto industry. дальше »
2024-2-19 15:33
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Private property rights are the solution to crypto mining noise pollution | Opinion
There’s no need to ban crypto mines in the US; they can be easily regulated with local and state ordinances that secure property rights. дальше »
2024-2-19 14:37
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Spot Bitcoin ETF takes center stage, but what really lies ahead? | Opinion
The only thing that has changed is the increased recognition and support from regulators and major financial institutions. дальше »
2024-2-18 14:34
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Ripple acquires Standard Custody & Trust Co. to broaden US crypto services
Ripple plans to buy Standard Custody and Trust Company, a New York-based firm specializing in digital asset services, to boost its regulatory licenses. дальше »
2024-2-14 20:04
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RFK Jr. voices corruption in US decision to drop charges against SBF
U. S. Presidential contender Robert F. Kennedy Jr. has voiced his shock and concern over the U. S. government’s decision to withdraw six charges against Sam Bankman-Fried, the embattled founder of crypto exchange FTX. дальше »
2024-1-2 10:45
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Crypto taxes: major milestones of 2023 and forecast for 2024
Taxes and cryptocurrency remain a pretty intricate topic. Here, we will explore the current state of crypto tax and what investors can expect in 2024. In the crypto world, simply holding on to your digital assets, often called ‘HODLing’ by… дальше »
2024-1-2 13:00
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Coinbase (COIN) Up By 250% – Here’s Why It’s Outperforming BTC And ETH
The shares of Coinbase Global (COIN) have been on a tear in recent weeks, emphasizing its positive performance in 2023. While the recent resurgence experienced by the exchange’s shares coincides with the climate shift in the general cryptocurrency market, the latest price data reveals that COIN might actually be doing better than the market leaders, Bitcoin and Ethereum, since the turn of the year. дальше »
2023-12-2 08:44
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Changpeng Zhao may not leave the US pending court review, says judge
Pending a motion for review filed by the U.S. government, the former Binance CEO will not be allowed to return to his home in the United Arab Emirates as he awaits sentencing. дальше »
2023-11-28 22:33
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Binance founder and CEO plead guilty to federal charges | Opinion
Channeling Marie Antionette “Let them eat cake” may have been the famous last words of Binance’s compliance officer before Binance’s guilty plea. дальше »
2023-11-26 16:09
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Alchemy Pay bags money services license in Iowa, expands US services
The crypto-fiat payment services provider Alchemy Pay is expanding its presence in the U.S. after acquiring a money services license in the state of Iowa. дальше »
2023-11-24 16:11
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US 5th Circuit Court seeks regulation on lawyers’ AI use in legal filings
The suggested regulation would apply to attorneys and litigants without legal representation appearing before the court, obliging them to confirm that filings produced with the help of AI were assessed for precision. дальше »
2023-11-24 11:50
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Binance outflows reach $1.2b in past 7 days
Following the $4.3 billion fine by the U.S. Department of Justice (DoJ), Binance’s outflow has surpassed the $1 billion mark over the past week. According to data provided by DeFi Llama, Binance witnessed a negative net outflow of $1.2 billion… дальше »
2023-11-23 10:55
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Coinbase cites SEC action against Kraken in push for crypto rulemaking
The Nov. 22 letter claimed that "only mandamus will impel the [SEC] to fully, finally acknowledge that Coinbase's petition for rulemaking was pocket-vetoed long ago." дальше »
2023-11-22 19:11
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FTC enhances investigative procedures to deal with AI-related lawbreaking
The Federal Trade Commission unanimously approved a measure to streamline its staff’s ability to issue civil investigative demands in AI investigations while retaining its authority to determine when CIDs are issued. дальше »
2023-11-22 12:48
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OpenAI to rehire Sam Altman as CEO with new initial board members
OpenAI says it has reached an agreement in principle for Sam Altman to return as CEO, with a new board including Bret Taylor as chairman, Larry Summers and Adam D’Angelo. дальше »
2023-11-22 09:21
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US Justice Department seizes 9M USDT amid $225M illicit funds frozen by Tether
Officials reported the seizure was tied to an organization responsible for “pig butchering” romance scams.
дальше »2023-11-21 20:45
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Breaking: Binance’s CZ to plead guilty to violating Anti-Money Laundering requirements — WSJ
Changpeng Zhao reportedly plans to plead guilty to violating U.S. Anti-Money Laundering requirements and step down as the CEO of the Binance crypto exchange. дальше »
2023-11-21 20:29
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Celsius entity to focus only on mining under proposed reorganization plan
The lending firm has been in bankruptcy court since its Chapter 11 filing in 2022, while the SEC filed a lawsuit against both the firm and former CEO Alex Mashinsky in July. дальше »
2023-11-21 18:03
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Binance average daily volume is down by 60% amid DOJ’s $4b fine
Binance trading volume down by over 60% amid U.S. DOJ's $4b fine дальше »
2023-11-21 14:38
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U.S Senator Slams SEC Over Kraken Scrutiny
US Senator Cynthia Lummis has recently criticized the United States Securities and Exchange Commission (SEC)’s regulatory approach over Kraken, the San Francisco-based cryptocurrency exchange, without clear crypto rules. дальше »
2023-11-21 12:45
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Tether freezes $225M in USDT linked to romance scammers amid DOJ investigation
The stablecoin issuer reported the illicit funds had been used by a Southeast Asia-based crime syndicate responsible for a “pig butchering” romance scam. дальше »
2023-11-20 18:02
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Who is Mira Murati, OpenAI’s interim CEO?
OpenAI’s new interim CEO is considered a “product person” who supports regulatory oversight of artificial intelligence.
дальше »2023-11-20 23:29
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Bitcoin fees skyrocket on spot BTC ETF hype
The Bitcoin blockchain reached $11.6 million in fees paid on Nov. 16, with the average transaction fee up 746% from a year ago.
дальше »2023-11-18 23:18
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Sushi to test Bitcoin swaps and Opyn DeFi protocol founders cave to CFTC pressure: Finance Redefined
Sushi is set to test Bitcoin swaps on 30 different blockchains using the interpretability protocol ZetaChain.
дальше »2023-11-18 22:25
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Opyn co-founders exit following CFTC charges
The co-founders of Opyn stepped down as their defi options protocol faced charges from the Commodity Futures Trading Commission (CFTC) in September. CEO Zubin Koticha revealed today in an X post that he and co-founder Alexis Gauba have chosen to… дальше »
2023-11-14 12:54
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U.S. House Committee to probe crypto’s role in illicit activities
On Nov. 15, the U.S. House Financial Services Committee will scrutinize cryptocurrency’s role in illicit activities, focusing on money laundering and terrorism funding. The U.S. House of Representatives Financial Services Committee (FSC) is holding a big meeting on Nov. 15… дальше »
2023-11-14 12:37
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U.S. lawmakers establish CLARITY Act to shutdown federal ties to Chinese blockchain
U.S. Representatives Zach Nunn and Abigail Spanberger have introduced the CLARITY Act of 2023, a bill aimed at prohibiting federal officials from transacting with Chinese blockchain companies to safeguard national security interests. дальше »
2023-11-10 00:31
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Maine state treasurer to focus on abandoned crypto accounts
The Office of the Maine State Treasurer issued a program evaluation report in November with the intention to prioritize the management of abandoned cryptocurrency accounts. дальше »
2023-11-9 19:13
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Chinese president calls for unity on AI challenges and cyber development
Xi Jinping addressed the World Internet Conference Summit, saying there is a need to “deepen” exchanges and cooperation on an international level on AI challenges and cyberspace development. дальше »
2023-11-9 13:23
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