From corner shops to big retailers, Venezuelans are embracing stablecoins as inflation soars and the bolívar loses over 70% of its value.
United States News
The United States has maintained the highest gross domestic product in the world since 1871, making it a critical player in the evolution of commerce, finance and technology. The U.S. has been home to some of the most successful, long-standing crypto exchanges and other businesses in the industry.
Over 10 years later, the role of Bitcoin (BTC) in the U.S.’s evolution into digital finance and commerce is still unclear, as U.S. cryptocurrency regulation is still inconsistent, hazy or, at best, done in a patchwork fashion across the 50 states and other territories.
Stay tuned as Coinpectra covers all the important updates and stories regarding the regulation, maturation and evolution of the crypto space.
- News2929
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Webull has rolled out crypto services in Australia after re-launching its offering in the US this week and expects to expand into more regions in the coming months.
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Prosecutors appealed the sentences given to HashFlare founders Sergei Potapenko and Ivan Turõgin, after arguing the pair should get 10 years in prison.
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Kristin Johnson, the CFTC's last remaining Democratic commissioner, confirmed she will leave the regulator on Sept. 3.
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Labeled for “energy-intensive use cases,” the facilities in Texas, Louisiana and Illinois could support both Bitcoin mining and artificial intelligence workloads.
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Commerce Secretary Howard Lutnick the department will begin publish GDP data onchain first, and gradually include other economic data.
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Donald Trump Jr. has joined Polymarket’s advisory board as 1789 Capital invests in the platform, tying the prediction market more closely to US politics.
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“Japan prizes systemic stability above innovation speed, while the US is signaling a bigger market-opening play,” said Startale Group’s Takashi Tezuka.
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SharpLink has expanded its Ether treasury to almost 800,000 ETH after last week’s $252 million purchase, while also approving a $1.5 billion stock buyback plan.
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Fidelity and BlackRock led the rebound in spot Bitcoin ETFs on Monday, with FBTC pulling in $65.56 million and IBIT adding $63.38 million.
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Trump’s firing of Federal Reserve Governor Lisa Cook has sparked a legal standoff and renewed concerns over the Fed’s independence.
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Canary Capital has filed for a US-only crypto ETF, aiming to track an index of American-rooted digital assets as the SEC weighs other fund applications.
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Bitcoin opened the week with a sell-off to $110,530, but BTC and altcoin charts suggest a quick recovery to the trading range averages could occur.
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Trump’s crypto adviser, David Bailey, said there won't be a Bitcoin bear market for several years, but analysts aren’t so sure.
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Critics warn the US Treasury’s push to embed ID checks into DeFi smart contracts could erode privacy and hollow out permissionless finance.
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