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Stablecoins highlight 'structural fragilities' of crypto — Federal Reserve
17.6.2022
“Stablecoins that are not backed by safe and sufficiently liquid assets and are not subject to appropriate regulatory standards create risks to investors," said the Fed report
US lawmakers urge EPA to consider the potential benefits of crypto mining
17.6.2022
“Digital assets, and their related mining activities, are essential to the economic future of the United States," said the group of 14 lawmakers
Elusive Bitcoin ETF: Hester Perice criticizes lack of legal clarity for crypto
17.6.2022
SEC Commissioner and “Crypto Mom” Hester Peirce criticized the SEC on its regulatory guidance, but noted that change is possible if investors and regulators work together
Texas, Other States Open Investigation Into Celsius Network Following Account Freeze
16.6.2022
Several U.S. states including Texas and Alabama are investigating Celsius Network’s decision to halt customer withdrawals
Elon Musk, Tesla, Spacex Facing $258 Billion Lawsuit for Promoting Dogecoin
16.6.2022
Elon Musk, Tesla, and Spacex are being sued for $258 billion over claims that they “are engaged in a crypto pyramid scheme (aka Ponzi scheme) by way of dogecoin cryptocurrency.” The lawsuit states that Musk and his companies “falsely and deceptively claim that dogecoin is...
Bitcoin, Ethereum Technical Analysis: BTC Moves Away From $20,000 Following Historic Fed Rate Hike
16.6.2022
Bitcoin moved away from its recent low of $20,000 on Thursday, following a historic rate hike from the Federal Reserve. As inflation in the United States rose to a 44-year high of 8.6% last month, the Fed responded by hiking rates by 0.75%. ETH was also marginally higher today. Bitcoin BTC...
FINRA may hire employees terminated from crypto firms: Report
15.6.2022
“Anybody who is getting laid off from a crypto platform and wants to work for FINRA, give me a call," said president and CEO Robert Cook
The crypto industry must do more to promote encryption, says Meltem Demirors
15.6.2022
Meltem Demirors sat down with Cointelegraph to express why the industry needs to focus on privacy and freedom when it comes to regulations
Tether aims to decrease commercial paper backing of USDT to zero
15.6.2022
Tether expects to reduce USDT’s commercial paper backing to $8.4 billion by the end of June 2022 and eventually completely remove it
Seized crypto safe with US Marshals Service? Not so much, new audit reveals
15.6.2022
OIG’s audit disclosed the lack of documented policies and practices related to the management of seized crypto assets — especially related to the use of inventory spreadsheets
Iowa regulator orders BlockFi to pay $943K over alleged unregistered securities offering
14.6.2022
The IID ordered BlockFi to pay an administrative fine as well as cease and desist “from making any untrue statement of material facts regarding securities.”
Consensus 2022: Web3, unpacking regulations, and optimism for crypto’s future
14.6.2022
Despite crypto winter, the conference drew in 17,000 people to discuss the crypto regulatory landscape, Web3 development and the future of digital assets
NY City Mayor Eric Adams Wants State's Governor to Veto 2-Year Moratorium on PoW Mining: Report
14.6.2022
The city's pro-crypto mayor plans to ask Gov. Kathy Hochul to veto a mining bill that would stop Proof of Work mining for two years
US trademark filing hints at Arizona State University planning classes in the metaverse
13.6.2022
The seven filings also suggested ASU could be exploring the use of nonfungible tokens to authenticate many documents from diplomas to tickets for university events
Chinese chip designer reportedly filed for $50M Nasdaq IPO
13.6.2022
Chinese mining chip designer Nano Labs has applied for an initial public offering (IPO) in the United States to raise $50 million on Nasdaq amid sluggish market conditions
US Inflation Spiked 8.6%, Highest in 40-Years — Economist Says We’re Not ‘Seeing Any Signs That We’re in the Clear’
11.6.2022
After April’s consumer price index (CPI) report was published, a number of American economists and bureaucrats said that inflation had peaked and it was possible that inflation would subside. However, statistics from the U.S. Labor Department indicate the CPI increased 8.6% from a year...
Coin Center takes US Treasury to court over alleged financial spying
11.6.2022
Coin Center filed a lawsuit against the Treasury Department in federal district court — challenging the enforcement of Section 6050I’s reporting mandate
Finance Redefined: Number of DAOs surge, Solana launches $100M DeFi fund
10.6.2022
The past week in DeFi saw the launch of another $100M fund by Solana and the number of DAOs surged over 8X with increased protocol activity
Circle to acquire Web3 platform Cybavo, bolstering its stablecoin adoption
10.6.2022
Circle and CYBAVO intend to further promote the adoption of USD Coin and Web3 applications while integrating technology deeply into their core product suite
Popular BTM Operator: Bitcoin of America Continues Rapid Expansion in 2022
10.6.2022
Bitcoin of America is a popular virtual currency exchange, registered as a money services business with the United States Department of Treasury (FinCEN)(RegNum). Apart from ensuring a fast and hassle-free transaction, they are known for their customer support. The popular BTM operator...