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The Crypto Industry’s Influence on U.S. Elections is Bigger Than Ever, Industry Insiders Say
14.5.2024
The crypto industry is throwing its weight around in Washington in hopes of influencing the upcoming U.S. elections, spending an unprecedented amount of money to get crypto-friendly candidates elected and educate lawmakers – all in hopes of finally getting a friendly regulatory framework for crypto...
First Mover Americas: Bitcoin Dips Below $62K Ahead of U.S. Inflation Figures
14.5.2024
The latest price moves in bitcoin (BTC) and crypto markets in context for May 14, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Price analysis 5/13: SPX, DXY, BTC, ETH, BNB, SOL, XRP, TON, DOGE, ADA
14.5.2024
Bitcoin's strong rebound of the $60,000 level is encouraging but it still could be a hint that BTC's range-bound action could continue for some time
U.S. Blocks China-Tied Crypto Miners as 'National Security Risk' Near Nuke Base
13.5.2024
President Joe Biden ordered a cryptocurrency mining facility near Warren Air Force Base in Wyoming to halt operations on Monday, calling it a threat to national security
Sens. Lummis, Wyden oppose Justice Dept. stance on Tornado Cash charges
13.5.2024
If the Justice Dept. prevails in the case against the cryptocurrency mixer, internet service providers and the post office may also be liable to transmitter requirements, they said
U.S. Senators Question Justice Department's Pursuit of Crypto Mixers
13.5.2024
A bipartisan pair of U.S. senators is questioning Attorney General Merrick Garland about the "unprecedented interpretation" of law the Department of Justice (DOJ) is using to pursue cryptocurrency software services as unlicensed money-transmitting businesses
Stablecoin Expansion Stalls Ahead of U.S. Inflation Data
13.5.2024
Wednesday's U.S. CPI data is expected to show the cost of living likely increased 3.4% over the year in April, a moderation from March's 3.5%
Tether discredits Ripple CEO comments over U.S. scrutiny
13.5.2024
Tether has highlighted its compliance efforts after Ripple's CEO said the U.S. government has its sights set on USDT
Bitcoin Magazine CEO Discloses Links With Trump Campaign: “It’s Time for Bitcoin to Elect the Next President”
12.5.2024
David Bailey, CEO of Bitcoin Magazine, has disclosed his nexus with the campaign of former President Donald Trump. Bailey and his team have advised Trump to develop a Bitcoin and crypto-friendly agenda, including signing a crypto-focused executive order on day one. He declared that crypto...
279 Crypto Accounts Forfeited to US Government in North Korean Laundering Crackdown
12.5.2024
The U.S. District Court for the District of Columbia has ordered the forfeiture of 279 cryptocurrency accounts containing funds linked to alleged hacks of crypto exchanges by North Korean operatives. This measure is a component of a broader U.S. effort aimed at dismantling cyber operations that...
US Scrutiny of Tether Could Disrupt Crypto Ecosystem, Ripple CEO Warns
12.5.2024
Ripple’s CEO, Brad Garlinghouse, has voiced concerns that the U.S. government’s scrutiny of Tether, the foremost issuer of stablecoins by market cap, could notably affect the cryptocurrency environment. His comments come amid apprehensions about Tether’s alleged utilization by terrorist...
Veteran Trader Peter Brandt Warns of SEC’s Full-Scale Assault on Crypto Staking — ‘It’s Going to Be a Bloodbath’
12.5.2024
Veteran trader Peter Brandt has predicted a severe regulatory crackdown on cryptocurrency staking by U.S. regulators, including the Securities and Exchange Commission (SEC). “It’s going to be a bloodbath,” he warned, cautioning that he believes it is “illegal...
Anti-Crypto Mixer Blockchain Integrity Act Introduced in US House of Representatives
11.5.2024
The Blockchain Integrity Act, a piece of legislation that seeks to put a 2-year moratorium on using cryptocurrency mixers, was introduced by U.S. Congressman Sean Casten on March 7 in the U.S. House of Representatives. Co-sponsored by Reps. Bill Foster, Brad Sherman, and Emanuel Cleaver, the bill...
Bitcoin Price Prediction: Falls to $60,620 Amid Fed Rate Cut Speculation and ETF Inflows
10.5.2024
Bitcoin dips to $60,620 as U.S. economic data hints at possible Fed rate cuts, sparking a bullish sentiment in crypto markets.
The post Bitcoin Price Prediction: Falls to $60,620 Amid Fed Rate Cut Speculation and ETF Inflows appeared first on Cryptonews
U.S. House's McHenry Says Bill on Crypto Market Structure Will Get Floor Vote
10.5.2024
The most comprehensive U.S. cryptocurrency legislation to so far make it through a congressional committee will get even further, with the entire House of Representatives set to vote on whether to approve it soon, according to Rep. Patrick McHenry (R-N.C.), the chairman of the House Financial...
U.S. CFTC Proposes Ban on Political Event Contracts
10.5.2024
The U.S. Commodity Futures Trading Commission (CFTC) proposed a formal rejection of event contracts that bet on the outcome of political activity in a vote on Friday, beginning an effort to wall off U.S. customers from platforms that allow the trading of predictive contracts
U.S. officials seek easier pathways to ban AI exports and keep tech secrets in
10.5.2024
Amid the global race to obtain high-level AI models, legislators in the U.S. have unveiled a new bill that would make it easier to ban exports of AI tech to safeguard against mal-intended foreign actors
Bitcoin Price Prediction as Weak U.S Jobs Data Spurs Rate Cut Hopes – Will BTC Surge?
10.5.2024
With U.S. jobless claims soaring to their highest since August 2023, Bitcoin holds its bullish stance amid anticipations of an earlier Fed rate cut.
The post Bitcoin Price Prediction as Weak U.S Jobs Data Spurs Rate Cut Hopes – Will BTC Surge? appeared first on Cryptonews
Kraken Asks Court to Dismiss SEC Claims to Avoid 'Significant Reordering' of U.S. Financial Structure
10.5.2024
Lawyers of crypto exchange Kraken have told a U.S. court that claims by the U.S. Securities and Exchange Commission (SEC) against it should be dismissed to avoid a "significant reordering" of the U.S. financial regulatory structure, according to court filings submitted in the Northern District...
Binance Slapped With $4.3 Million Fine By Canada’s FINTRAC
9.5.2024
Crypto exchange Binance is facing a $4.3 million USD fine by the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) for violating terrorist financing and money laundering laws, the Canadian regulator announced Thursday. News of the fine comes just over a week after former...