United States Financial News

19.07 / 14:41

Art Adoption NFT Artists AI opens doors for NFT artist Ellie Pritts at Bitforms gallery in NYC

This month, Los Angeles-based nonfungible token (NFT) artist Ellie Pritts is celebrating “In the Screen I am Everything,” her first solo show in New York City — and her first time taking over pioneering net art gallery Bitforms.

19.07 / 06:39

Adoption regulation white house Bitcoin Industry Bitcoin Regulation Bitcoin Robert F. Kennedy Jr. vows to back US dollar with Bitcoin if elected president

Democratic presidential candidate Robert F. Kennedy Jr. has promised to progressively back the United States dollar with Bitcoin (BTC) if he is elected president.

18.07 / 22:05

Law regulation Court hearing place Nevada court approves regulator’s petition to place Prime Trust into receivership, pending hearing

The Eighth Judicial District Court of Nevada has granted a petition from the state’s Financial Institutions Division (NFID) placing crypto custodian Prime Trust into receivership, pending a hearing to show cause.

18.07 / 19:23

Government regulation coinbase lawmakers crypto legislation US lawmakers Coinbase CEO will meet with US lawmakers to discuss crypto legislation: Report

Brian Armstrong, the CEO of United States-based cryptocurrency exchange Coinbase, is reportedly planning to meet with members of Congress to discuss digital asset legislation and related issues.

18.07 / 19:23

Government Ripple regulation SEC Sec Chair lawmaker US lawmaker calls on SEC chair to reassess stance on crypto following Ripple ruling

New York Rep. Ritchie Torres has called on United States Securities and Exchange Commission (SEC) Chair Gary Gensler to reconsider the regulator’s position on crypto following a “dreadful day in court."

17.07 / 21:25

Ripple CFTC regulation SEC Ripple court ruling makes call for regulation 'more compelling and more urgent' — former CFTC chair

Timothy Massad, former chair of the United States Commodity Futures Trading Commission (CFTC), has said though a Securities and Exchange Commission (SEC) v. Ripple court ruling may impact the way businesses and lawmakers address crypto, his call for regulatory clarity remains the same.

17.07 / 19:27

business Binance Bitcoin Regulation Binance cuts back on employee benefits, citing ‘decline in profit’: Report

Global cryptocurrency exchange Binance reportedly cut back on certain benefits to its employees in June amid reevaluation efforts at the firm.

17.07 / 19:27

Ripple XRP regulation SEC Court SEC vs Ripple referred to judge who ordered release of ‘Hinman Documents’

The next phase of the ‘SEC vs Ripple’ case is set to move forward as U.S. District Judge Analisa Torres of the Southern District of New York filed paperwork on July 17 referring the case to Magistrate Judge Sarah Netburn.

16.07 / 08:05

business Binance Ripple SEC coinbase Report US ‘dominates’ crypto startup funding in Q2: Report

Despite facing regulatory scrutiny in the United States, crypto firms continue to innovate, with nearly half of all capital investments flowing toward U.S. crypto businesses, according to a recent report.

16.07 / 03:37

Adoption Ripple XRP SEC security Bloomberg SEC could be waiting ‘years’ to file appeal in Ripple case: Brad Garlinghouse

Ripple CEO Brad Garlinghouse believes the United States Securities and Exchange Commission (SEC) will face a prolonged process before having the chance to appeal Judge’s Torres favorable ruling in the case against Ripple.

14.07 / 22:11

Law regulation coinbase services Coinbase pauses staking services in four US states following regulators' orders

United States-based cryptocurrency exchange Coinbase has announced it will be temporarily stopping customers from staking additional assets in four states amid legal proceedings from local regulators.

14.07 / 18:49

business Binance Binance headcount reduction hits 1,000 employees: Report

Binance is celebrating its sixth anniversary, with over 1,000 people reportedly laid off in recent weeks, The Wall Street Journal reported.

14.07 / 17:03

business Law lending crimes Celsius Everything that's happened with Celsius and Alex Mashinsky so far

On July 13, authorities arrested Alex Mashinsky, the former chief executive officer of Celsius Network. He faces criminal and civil charges stemming from his time at the cryptocurrency lending platform, which he helped co-found in 2017.

14.07 / 17:03

business ETF Investments cryptocurrency investment Bitcoin International Crypto will transcend international currencies — BlackRock CEO

BlackRock CEO Larry Fink has delivered fresh remarks supporting cryptocurrencies' role in democratizing investing worldwide, pointing to growing interest among the company's clients in digital assets.

14.07 / 03:55

Law Stablecoin regulation Circle Warning Circle CEO spells doom scenario for US dollar in warning to Congress

The United States dollar’s place as a global reserve currency will be under threat if Congress isn’t quick to regulate stablecoins, warns the CEO of Circle.

13.07 / 21:35

business Ripple XRP US crypto exchanges give XRP listings a second chance after court ruling

Following a victory in federal court against the United States Securities and Exchange Commission (SEC), Ripple Labs may see the XRP token returning to cryptocurrency exchanges.

13.07 / 16:23

Law CFTC regulation Celsius US Attorney’s Office announces charges against former Celsius CEO Alex Mashinsky

The United States Attorney for the Southern District of New York and Federal Bureau of Investigation have announced fraud charges against the former CEO of bankrupt crypto lender Celsius, Alex Mashinsky.

13.07 / 13:09

regulation SEC Court Celsius Bitcoin US SEC files lawsuit against Celsius and Alex Mashinsky: Report

The United States’ Securities and Exchange Commission (SEC) is reportedly taking action against Celsius Network, one of the cryptocurrency lending firms that collapsed in 2022.

12.07 / 22:47

Government Law CFTC regulation SEC Senators US senators reintroduce crypto bill aimed at comprehensive regulation

United States Sens. Cynthia Lummis and Kirsten Gillibrand will reintroduce legislation aimed at establishing a comprehensive regulatory framework for digital assets.

12.07 / 22:47

business regulation SEC coinbase hearing What to expect from the first Coinbase-SEC hearing

A pre-motion hearing set to take place on July 13 between the Securities and Exchange Commission (SEC) and crypto exchange Coinbase should provide a sense of the litigation tone and its potential impacts on the broader crypto industry, legal sources told Cointelegraph.

12.07 / 21:27

Blockchain Department Of Justice Silk Road Bitcoin Wallet Bitcoin US government moves nearly 10K Bitcoin worth over $300M related to Silk Road seizure

A cryptocurrency wallet associated with the United States Department of Justice moved approximately 9,825.25 BTC worth around $299 million in a series of transactions on July 12.

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