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US House Financial Services Committee leadership takes opposing sides on the PayPal stablecoin
9.8.2023
Rep. Maxine Waters said she was “deeply concerned” about the PYUSD without a proper regulatory framework in place, while Rep. Patrick McHenry said it "hold[s] promise"
Florida Gov. DeSantis Suspends Official, Smiles Behind 'This Is Fine' Meme
9.8.2023
Florida Governor, Disney hater, and high-heeled shoe fan Ron DeSantis announced the immediate suspension of a democratically elected state attorney on August 9 with the help of an online meme. The resulting scene is sad, confusing, and yet another example of how the terminally online politician...
Star Trek trademarks for NFTs: The final frontier
9.8.2023
CBS Studios applied to use the name "Star Trek Continuum" for nonfungible tokens and crypto collectibles
Bitstamp Delists AXS, CHZ, MANA, MATIC, NEAR, SAND and SOL for US Customers
9.8.2023
Trading will soon be halted for several popular cryptocurrencies on the Bitstamp exchange for users in the United States. Starting August 29, 2023, the exchange will suspend trading for AXS, CHZ, MANA, MATIC, NEAR, SAND and SOL for U.S. customers, canceling all existing orders for those assets....
Former FTX exec Ryan Salame and US prosecutors are discussing a plea deal: Report
8.8.2023
It's unclear whether any reported guilty plea from Ryan Salame would have the former FTX Digital Markets co-CEO testify at Sam Bankman-Fried's trial in October
Prosecutors will still consider Sam Bankman-Fried's alleged campaign finance scheme at trial
8.8.2023
Rather than reinstating a count on campaign finance violations to SBF’s indictment, the Justice Department said it will consider the evidence as part of a wire fraud charge
Cathie Wood predicts SEC simultaneously allowing multiple spot crypto ETFs: Report
7.8.2023
ARK Investment Management is one of many firms looking for ways to offer U.S. investors exposure to crypto through exchange-traded funds
Bitcoin, Ethereum Technical Analysis: BTC Flatlines on Monday, as Market Volatility Continues to Fade
7.8.2023
Bitcoin started the week mostly flat, as market volatility remained near recent lows during today’s session. Traders appear to be on the sidelines ahead of Wednesday’s key inflation report from the United States. Ethereum mostly consolidated on Monday. Bitcoin Bitcoin (BTC) continued...
Heartland Tri-State Bank Collapses, Biden Urged to Grant Silk Road’s Ross Ulbricht Clemency, and More — Week in Review
6.8.2023
In this week’s news, another major U.S. bank has failed, a Maine senator has appealed to United States president Joe Biden to grant Silk Road creator Ross Ulbricht clemency, a senior U.S. district judge has rejected the approach taken in the SEC v. Ripple ruling regarding XRP, and Robert...
Personal Finance Expert Says US Rating Downgrade Likely to Embolden BRICS Currency Supporters
6.8.2023
The American rating agency Fitch’s recent downgrade of the United States’ credit rating from AAA to AA+ may embolden proponents of a BRICS currency, Riley Adams, a personal finance expert, has said. Adams however argues that there are certain “geopolitical issues” that must...
CBDC supporter likely in White House next term, crypto divide not red v. blue: Grayscale
4.8.2023
The crypto asset manager took a look at the leading U.S. presidential candidates’ positions and did not see a partisan divide
Coinbase CEO says leaving US 'not even in the realm of possibility right now': Report
4.8.2023
Brian Armstrong has previously suggested Coinbase might abandon the U.S. for a more crypto-friendly country, but also said the exchange was “100% committed” to the local market
US lawmakers urge White House to address North Korea's use of digital assets: Report
4.8.2023
Senator Elizabeth Warren was part of a group of lawmakers who pushed for provisions against crypto mixers and privacy coins in the National Defense Authorization Act in July
Germany is dragging Europe’s economy down — and that’s great for crypto
4.8.2023
Cointelegraph analyst and writer Marcel Pechman explains how a weakening German economy — Europe’s largest — is a positive for cryptocurrencies
Core Scientific appoints Adam Sullivan as CEO amid restructuring process
4.8.2023
The company claims to have seen a boost in liquidity in recent months and is expected to exit bankruptcy proceedings by September
'The SEC has violated due process' — Coinbase CLO on motion to dismiss lawsuit
4.8.2023
Lawyers for Coinbase cited precedent from the SEC v. Ripple case, in which a judge ruled that the XRP token largely did not qualify as a security by the commission’s standards
Revolut to suspend cryptocurrency services in US
4.8.2023
Revolut’s suspension of cryptocurrency services in the United States will affect 1% of their total global user base, the firm said
Massachusetts launches probe into AI in securities industry
4.8.2023
Massachusetts securities regulators are seeking to ensure that AI applications in the securities industry wouldn't harm the interests of their users
Individual charged with money laundering admits to hacking Bitfinex in 2016: Report
3.8.2023
The identity of the hacker or hackers behind an exploit which removed more than 100,000 Bitcoin from Bitfinex in 2016 had only been the subject of speculation until Aug. 3
White House, Yellen Slam Fitch’s US Rating Downgrade — Biden Officials Call It ‘Bizarre and Baseless’
3.8.2023
Fitch Ratings has downgraded the United States’ debt rating. Biden officials call the downgrade decision “bizarre and baseless.” Both the White House and U.S. Treasury Secretary Janet Yellen strongly disagreed with the downgrade decision. Yellen claimed that the change by Fitch Ratings...