News
As the US Senate advances the GENIUS Act and lawmakers reintroduce the Blockchain Regulatory Certainty Act, Washington is finally stepping up to the plate on crypto.
2646
US Government News
The US government is a system of public administration in the USA that was established with the adoption of the Constitution in 1787. In terms of Bitcoin, the US government shows its interest in blockchain technology and its development. However, the US government’s view on Bitcoin still remains unclear as the regulation of digital currency hasn’t been created yet and now cryptocurrency is considered simply to be a digital asset rather than an official means of payment. The main concern of authorities is not the use of virtual money, but the possibility of avoiding taxes, money laundering and supporting terrorism as the effective, but traditional ways to prevent all of this doesn’t work with cryptocurrencies as well as it does with fiat currencies.
- News
“I am not a fixer,” Binance co-founder Changpeng Zhao said in an X post, denying a WSJ report that he introduced tech entrepreneur Bilal bin Saqib to the World Liberty Financial team.
4361 - Market Update
Bitcoin’s sharp sell-off from $107,000 was the result of profit taking, not contagion from Moody’s recent downgrade of US debt.
1899 - News
Tornado Cash developer Roman Storm's defense cited the same set of FinCEN documents used by the Samourai Wallet developers' legal team.
3445 - News
Rising debt and no concrete plans to reduce government spending are the primary drivers behind the reduced credit assessment for the US.
4574 - News
The GENIUS Act's failure to move to a full vote is "a bump in the road" and it will pass "in the next few weeks," says Cody Carbone, CEO of the Washington, DC,-based advocacy group.
8466 - News
Stablecoins offer a cheaper, faster alternative to legacy global payments systems, the popular investor said at Consensus.
5510 - News
Wintermute joins at least eight other large crypto firms that announced their expansion to the US, banking on improved regulatory clarity for the Web3 industry.
6739 - News
Stablecoins can streamline collateral management systems in TradFi, but financial institutions may need more straightforward regulatory guidelines for adoption.
2996 - News
Former Representative Patrick McHenry said ex-SEC Chair Gary Gensler supported crypto in private meetings, starkly contrasting with his aggressive public stance.
6370 - News
Details of the talks would be released on May 12, according to an announcement.
4077 - News
Senate Banking Committee Chairman Tim Scott blamed the failure of the GENIUS Act on Democrat-led partisan politics.
2099 - News
Missouri will become the first US state to eliminate the levy if Governor Mike Kehoe signs the bill into law.
6303 - News
StarkWare general counsel Katherine Kirkpatrick Bos said the OCC has shifted its approach and now appears to favor a focus on integrating crypto within banking frameworks.
7037 - News
The US Internal Revenue Service appointed Trish Turner to lead its digital assets unit after two key crypto leaders departed.
2576