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Gemini to launch derivatives platform outside the United States
22.4.2023
The platform's first derivatives contract will be a BTC perpetual contract denominated in Gemini dollars (GUSD), followed by an ETH/GUSD perpetual contract
Treasury Secretary Yellen Says US Government Will Take ‘Any Steps Necessary’ to Preserve Its Financial Dominance
22.4.2023
According to U.S. Treasury Secretary Janet Yellen, the United States government is prepared to take the steps necessary to ensure its financial system remains the world’s strongest and safest. Yellen said that the U.S. government will not hesitate to punish Chinese companies that violate...
Do Kwon lawyers reportedly dismiss SEC's securities fraud allegation
22.4.2023
Kwon's lawyers claimed that the SEC failed to prove the alleged defrauding of US investors in connection with Terra’s $40 billion collapse of TerraUSD (UST) and Luna (LUNA)
Lack of regulatory clarity on payment solutions could undermine US sanctions, says expert
21.4.2023
Anja Manuel said U.S. sanctions generally work with “responsible” blockchain firms but not when there are fintech solutions available to individuals looking to circumvent them
Report: Terraform Labs Co-Founder Do Kwon Charged by Montenegro Prosecutors
21.4.2023
Nearly a month after Do Kwon’s arrest by Montenegro law enforcement, local prosecutors have now indicted the co-founder and CEO of Terraform Labs. The decision to indict Kwon is likely to delay attempts to extradite him to South Korea and the United States where he faces several charges....
Dollar Dominance Fading Amid Growing China Trade, Russia Sanctions Risks, Ray Dalio Says
21.4.2023
Fewer nations are willing to hold the U.S. dollar as America’s share in the global economy becomes smaller while China’s role in international trade expands, billionaire Ray Dalio noted. The founder of the world’s largest hedge fund also said that Western sanctions on Russia have highlighted...
Lack of stablecoin regulation could push issuers out of US: Austin Campbell
19.4.2023
Lawmakers didn't reach a consensus between political parties on a stablecoin bill, as one witness warned this lack of regulatory clarify could drive certain projects abroad
Gold Slides on Higher US Treasury Yields, Dollar
19.4.2023
Prices of gold, and other precious metals, fell on Wednesday due to stronger U.S. yields and national currency. The decline comes on the backdrop of expectations of new interest rate increases next month amid persistent inflation in the United States and elsewhere. Gold and Silver Slip as Investors...
US House committee chair repeatedly presses SEC chair: 'Is Ether a commodity or a security?'
18.4.2023
Securities and Exchange Commission chair Gary Gensler has said the SEC considers Bitcoin a commodity, but refused to pin down Ether at an oversight hearing
Bitcoin mining and increasing energy bills — Sen. Warren vs Crypto Twitter
18.4.2023
“I’ve been ringing the alarm about the risks that Bitcoin poses to our power grids and climate," said Sen. Warren, while agreeing to a New York Times article on the matter
‘Biggest mistake’ is not using tax loss harvesting: Koinly head of tax
18.4.2023
Failing to utilize tax loss harvesting is one of the biggest mistakes people can make on their tax returns, according to the head of tax at Koinly
Bittrex Receives Wells Notice From SEC for Alleged Investor-Protection Law Violations
17.4.2023
According to a recent report, the cryptocurrency exchange Bittrex received a Wells notice from the U.S. Securities and Exchange Commission (SEC) in March, signaling a potential lawsuit. The SEC’s enforcement division sent the Wells notice prior to Bittrex deciding to wind down its operations...
Blockchain platform for trading securities OTC moves forward with SEC approval
17.4.2023
Upon approval, both the SEC and the FINRA will become Certificate Holders in the private blockchain, allowing regulators to view transactions and access the network governance
US crypto exchange Bittrex faces potential action from SEC: Report
17.4.2023
Bittrex already started winding down operations by the time it received a notice on potential action from the SEC, the general counsel said
Rep. Davidson to introduce legislation to fire SEC boss Gensler for crypto overreach
17.4.2023
A U.S. Representative has declared he will introduce legislation to have SEC boss Gary Gensler removed from his role
Growing Links Between Middle East, Russia, China Pose Huge Challenge for US, Warns Former Treasury Secretary
17.4.2023
Former Treasury Secretary Lawrence Summers has expressed concerns that a rising number of countries, including China, Russia, and the Middle East, are aligning themselves and gaining global influence. “I think [it] is a huge challenge for the United States,” he cautioned. Larry Summers on Countries...
U.S. Congress to introduce new draft bill for stablecoins
15.4.2023
Failure to register as a stablecoin issuer could result in up to five years in prison and a fine of $1 million. Issuers out of the United States would have to seek registration to operate in the country
Blackrock CEO Expects Inflation to Persist, but No Major US Recession in 2023
15.4.2023
Blackrock’s CEO, Larry Fink, stated in an interview on Friday that he does not anticipate a “big recession” in the United States. However, he believes that “inflation is going to be stickier for longer.” In contrast to the U.S. central bank’s 2% goal, Fink predicts that...
SEC targets DeFi in vote to revisit proposal concerning the definition of 'exchange'
14.4.2023
"It seems perverse to me that we would be encouraging centralization,” said SEC commissioner Hester Peirce prior to a vote on the proposal
Bitcoin, Ethereum Technical Analysis: BTC Nears $31,000, as ETH Hits 11-Month High
14.4.2023
Bitcoin moved towards the $31,000 mark on Friday, ahead of upcoming retail sales data from the United States. Sales are expected to remain flat, whilst overall consumer sentiment is forecasted to rise to 62.7, from a reading of 62.0. Ethereum extended recent gains, hitting an eleven-month high...