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Republic First Bank closed by US regulators — crypto community reacts
27.4.2024
Republic First Bank's 32 branches across the United States will reportedly reopen under Fulton Bank starting next week
Data Indicates Stablecoins Are Becoming A Global Asset Class
26.4.2024
New data from blockchain research firm Chainalysis shows stablecoins are likely to become a global asset class. Here's why.
The post Data Indicates Stablecoins Are Becoming A Global Asset Class appeared first on Cryptonews
Elizabeth Warren-Challenger John Deaton to File Brief in Support of Coinbase Appeal in SEC Case Today: Fox
26.4.2024
John Deaton, the crypto attorney fighting for Elizabeth Warren’s seat in the senate, is scheduled to file an amicus curiae brief in support of Coinbase’s interlocutory appeal against the United States Securities and Exchange Commission (SEC), Fox Business reporter Eleanor Terrett said Friday....
US senators target cryptocurrency use in child abuse trade
26.4.2024
Senators Elizabeth Warren and Bill Cassidy are asking federal agencies about their technical capacity to combat crypto payments in the sale of child abuse material
a16z Crypto Advises Against U.S. Token Sales, Citing Regulatory Risks
26.4.2024
a16z Crypto, the crypto arm of Andreessen Horowitz, has issued a stern warning to startup founders considering token sales in the United States.
The post a16z Crypto Advises Against U.S. Token Sales, Citing Regulatory Risks appeared first on Cryptonews
Anti-crypto SEC commissioner’s term is up in 41 days — Will she be replaced?
26.4.2024
Caroline Crenshaw may continue to serve at the SEC for an additional 18 months after her term ends in June if the White House doesn't nominate a replacement
Accomplice William Morro Arrested And Charged In OneCoin Crypto Fraud Case
25.4.2024
William Morro, an accomplice in OneCoin crypto fraud scheme, has been arrested by the United States Department of Justice for his role in the multi-billion dollar scam, Tuesday court documents reveal. He has charged with one count of conspiracy to commit bank fraud just weeks after co-conspirator...
House committee ranking member says a stablecoin bill could be coming soon
25.4.2024
House Financial Services Committee Ranking Member Maxine Waters said a stablecoin bill “in the short run” was coming amid negotiations with Republican lawmakers and the Senate
New US Senate Bill Could Encourage Banks to Enter Stablecoin Market: S&P Global
25.4.2024
According to global ratings firm S&P Global Ratings, a new bill focused on stablecoins introduced to the United States Senate has the potential to incentivize U.S. banks to enter the stablecoin market.
The post New US Senate Bill Could Encourage Banks to Enter Stablecoin Market: S&P Global...
Turkey tops the world in stablecoin buying share vs. GDP
25.4.2024
Stablecoin purchases in Turkey amount to 4.3% of GDP, the highest among global economies, according to Chainalysis
US SEC expected to deny spot Ether ETFs next month
25.4.2024
Other evidence suggests that the SEC will likely delay the approval of spot Ether ETFs, while Hong Kong will start trading such products next week
Legal Pad with ‘Buy Bitcoin’ Note Shown Behind Janet Yellen Fetches $1 Million in Auction
25.4.2024
A yellow legal pad with the words "Buy Bitcoin" written on it, famously displayed behind former United States Federal Reserve Chair Janet Yellen during a congressional hearing in 2017, has been sold at an auction for over $1 million, equivalent to 16 Bitcoin.
The post Legal Pad with...
Biden’s 44.6% capital gains tax proposal likely a ‘nothing burger’
25.4.2024
President Biden’s move to introduce a 44.6% federal capital gains tax probably wouldn’t affect most people in crypto, according to crypto tax commentators
Banks could flood into stablecoins if new bill passes: S&P Global
25.4.2024
The Lummis-GillibrandPayment Stablecoin Act introduced to the Senate could see big banks encouraged to take steps into the stablecoin market, says S&P Global Ratings
Australia joins 1,000+ Bitcoin ATM club alongside US, Canada
24.4.2024
The United States hosted its first 1,000 crypto ATMs in November 2017, while Canada achieved the same in January 2021
Binance founder should be jailed for 36 months, US prosecutors say
24.4.2024
Binance founder and former CEO Changpeng Zhao is expected to be sentenced on April 30 after pleading guilty to money laundering in November 2023
SEC Sued by Crypto Industry Groups Over Definition of ‘Dealer’ in Securities
23.4.2024
The Blockchain Association and the Crypto Freedom Alliance of Texas (CFAT) have taken legal action against the United States Securities and Exchange Commission (SEC), filing a lawsuit in the Northern District of Texas.
The post SEC Sued by Crypto Industry Groups Over Definition...
Crypto Contributions Exceed $2B in 2024 as Top U.S. Charities Embrace Digital Donations
23.4.2024
Leading charitable organizations in the United States are embracing cryptocurrencies amid the growing adoption of digital assets.
The post Crypto Contributions Exceed $2B in 2024 as Top U.S. Charities Embrace Digital Donations appeared first on Cryptonews
Robert F. Kennedy Jr Wants to Move US Budget Management to the Blockchain
22.4.2024
Robert F. Kennedy Jr., a candidate for the United States presidential election, is dedicated to implementing blockchain technology to change the US budget system. At a Michigan campaign rally on April 21, he announced his plans, saying that the change would allow Americans to see "every budget item...
IRS Releases Draft of 2025 Digital Asset Reporting Form for US Taxpayers
20.4.2024
The United States Internal Revenue Service (IRS) has recently released a draft of Form 1099-DA for reporting income derived from digital asset transactions.
The post IRS Releases Draft of 2025 Digital Asset Reporting Form for US Taxpayers appeared first on Cryptonews