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US Congressmen blame crypto firms for 'tax gap' in letter to Treasury

6.6.2023
In a letter addressed to Treasury Secretary Janet Yellen and IRS Commissioner Daniel Werfel, Congressmen Sherman and Lynch raised concerns about the tax compliance practices in crypto

Binance lawsuit: 61 cryptocurrencies are now seen as securities by the SEC

6.6.2023
With its latest suit against Binance, the U.S. SEC has now labeled at least 61 cryptocurrencies as securities, affecting $100 billion worth of tokens on the market

Bitcoin, Ethereum Technical Analysis: BTC, ETH Start the Week Lower, as Market Volatility Remains High

5.6.2023
Cryptocurrency markets consolidated to start the week, with bitcoin trading below the $27,000 mark during today’s session. Volatility has been significantly higher in the past few days, as the unemployment rate in the United States surged to a multi-month high. Bitcoin Bitcoin (BTC)...

Blackrock CEO Larry Fink Says US Is Jeopardizing Dollar’s Reserve Currency Status

5.6.2023
The CEO of the world’s largest asset manager, Blackrock, has warned that the United States is jeopardizing the U.S. dollar’s reserve currency status. He noted that the debt ceiling debate, risk of national default, and possible credit rating downgrades are “destabilizing” factors...

Dollar-Based Stablecoins to Strengthen Greenback, CZ Says, Thinks DeSantis ‘Is Great’

4.6.2023
The regulatory environment in the U.S. doesn’t look good for crypto but the United States has the potential to lead again, according to Binance CEO Changpeng Zhao (CZ). The founder of the world’s largest digital asset exchange is convinced stablecoins can increase use cases for the U.S. dollar...

Pro-XRP attorney's phone hacked to promote LAW token

4.6.2023
Deaton alerts followers via daughter's account and urges reporting the hack as the XRP community responds, spreading awareness

Bitcoin, Ethereum Technical Analysis: BTC Consolidates on Saturday, Despite Recent Bullish Signals

3.6.2023
Bitcoin started the weekend in the red, as markets continued to digest the latest nonfarm payrolls in the United States. Despite payrolls coming in better than expected, the unemployment rate also rose, hitting 3.7%, which is its highest point since last October. Bitcoin Bitcoin (BTC) was mostly...

Cuban President: Ditching US Dollar Frees Countries From Sanctions and Aggression

3.6.2023
Cuba’s president, Miguel Diaz-Canel, says the U.S. dollar’s global reserve currency status enables the United States to pursue an “aggressive hegemonistic policy of building walls, imposing punitive sanctions, blackmail, aggression, and slander.” He added that the BRICS economic bloc...

Twitch Streamer's Soccer Team Pulls From $1M Tourney Over Racism Allegations

2.6.2023
A soccer team owned by FIFA streamer Edwin Castro has withdrawn from an inaugural soccer tournament after a member of the team allegedly used a racial slur against an opposing player in a match.Read more

US lawmakers aim for crypto regulatory clarity with proposed bill putting the screws to SEC

2.6.2023
The framework under the bill would allow certain tokens to qualify as digital commodities if they were decentralized and crack down on the SEC's previous approach to crypto

CFTC commissioner says proposal to reassess risk management could consider crypto

2.6.2023
Christy Goldsmith Romero pointed to the collapse of FTX, Terra and Celsius in having the CFTC reconsider the way it handled risk management

AI military drone kept murdering its human operator in simulated tests

2.6.2023
A United States Air Force colonel said the results of the simulation highlight why a conversation around ethics and artificial intelligence is needed

Fed board issues order to Silvergate Bank as part of self-liquidation plan

1.6.2023
Silvergate Capital Corporation and its crypto-friendly bank will have 10 days to submit a self-liquidation plan in compliance with California and federal requirements

Billionaire Investor Bill Ackman Insists JPMorgan Boss Jamie Dimon Should Run in the 2024 US Presidential Race

1.6.2023
Billionaire investor and Pershing Square Capital Management CEO, Bill Ackman, has asserted that JPMorgan Chase’s chief executive, Jamie Dimon, should enter the 2024 United States presidential race. Ackman claims that the current president Joe Biden is “extremely weak and in cognitive...

11 things the United States can learn from other nations’ crypto regulations

1.6.2023
The United States doesn’t have to start from scratch when it comes to developing effective laws and guidelines for crypto

Bitcoin, Ethereum Technical Analysis: BTC Drops Below $27,000 Ahead of US Non-Farm Payrolls

1.6.2023
Bitcoin continued to erase last week’s gains on Thursday, as prices dropped for a fourth straight session. The latest decline comes ahead of tomorrow’s non-farm payrolls (NFP) report from the United States. Despite today’s weakness, ethereum remained above $1,800. Bitcoin...