United States Financial News
27.07 / 14:05
business
coinbase
Bitcoin
Cathie Wood sells Coinbase shares amid insider trading allegations
One of the largest stockholders of the Coinbase cryptocurrency exchange has dumped a massive amount of shares as regulators reportedly probe the firm for alleged insider trading.
27.07 / 01:13
Government
regulation
Crypto Council for Innovation hires government insiders to build leadership team
The Crypto Council for Innovation, or CCI, a crypto advocacy group that establishes dialogues with governments and regulatory agencies on the benefits of crypto, has hired two new experts with experience in financial regulatory policy in the United States.
27.07 / 00:19
Government
Kraken
OFAC
us sanctions
Treasury's OFAC is investigating Kraken for violating US sanctions: Report
The United States Treasury Department’s Office of Foreign Assets Control, or OFAC, is reportedly investigating crypto exchange Kraken for allegedly allowing users based in Iran and other countries to buy and sell crypto — a potential violation of U.S. sanctions.
26.07 / 17:18
education
Texas
Bitcoin
Crypto miners
Texas a Bitcoin ‘hot spot’ even as heat waves affect crypto miners
Record-breaking heat waves are being documented across the world as extreme weather is worsening due to climate change. States throughout America are continuing to see temperatures rise above 100 degrees Fahrenheit (38 degrees Celsius), while the United Kingdom recently saw temperatures reach 104 degrees Fahrenheit (40 degrees Celsius).
26.07 / 12:59
Study
Bitcoin
Hong Kong positioned as the most crypto-ready country in 2022
While public acceptance remains key to crypto’s existence, the road to mainstream crypto adoption requires governments to set up a supporting infrastructure that complements the requirements of the technology and the people.
26.07 / 01:17
Law
Stablecoin
Congress
Bill addressing stablecoins risks in US likely delayed until September: Report
Lawmakers in the United States House of Representatives have reportedly pushed back the timeline for considering a bill addressing the potential risks of stablecoins.
22.07 / 05:45
cryptocurrency
Indian
Friend
Two Indian brothers, their Indian-American friend charged in first ever cryptocurrency insider trading tipping scheme: Official
Two Indian brothers and their Indian-American friend have been charged in the US in the first ever cryptocurrency insider trading scheme in which they made illicit profits totalling over a million dollars.
22.07 / 00:37
CFTC
SEC
coinbase
SEC listing 9 tokens as securities in insider trading case 'could have broad implications' — CFTC
Caroline Pham, one of five commissioners with the United States Commodity Futures Trading Commission, or CFTC, has expressed concerns about the possible implications of a case the Securities and Exchange Commission, or SEC, brought against a former product manager at Coinbase.
21.07 / 20:29
cryptocurrency
coinbase
US charges ex-Coinbase manager in first crypto insider trading case
A former product manager at Coinbase Global and two others have been charged with wire fraud in the first insider trading case involving the cryptocurrency, U.S. prosecutors in Manhattan said on Thursday.
21.07 / 19:21
Law
regulation
coinbase
US authorities arrest former Coinbase manager, alleging insider crypto trading
United States authorities have brought charges against three people for wire fraud conspiracy and wire fraud in connection with a scheme to commit insider trading using crypto, one of whom was a former product manager at Coinbase Global.
21.07 / 09:17
Vladimir Putin 'entirely too healthy' says CIA chief
The director of the CIA has dismissed persistent rumours that Russian President Vladimir Putin is gravely ill, perhaps suffering from cancer, by saying Putin is "entirely too healthy."
21.07 / 00:27
Government
Law
Congress
regulatory
Tech trade group calls for regulatory clarity, claiming crypto job losses threaten US interests
The tech trade group Chamber of Progress called on members of the United States Senate and House of Representatives for regulatory clarity in the crypto space in an effort to prevent firms from leaving the country.
20.07 / 12:03
business
Adoption
Report
Agency
US federal agency issues legal advisory on NFT investments
The United States Office of Government Ethics (OGE) issued a legal advisory recommending various instances when senior government officials are required to disclose their investments in nonfungible tokens (NFT).
19.07 / 18:39
Government
regulation
SEC
lawmaker
NOT
US lawmaker criticizes SEC enforcement director for not going after 'big fish' crypto exchanges
Brad Sherman, the congressperson who previously called for banning cryptocurrencies in the United States, criticized the Securities and Exchange Commission’s approach to enforcement among major crypto exchanges.
19.07 / 01:33
Stablecoin
regulation
Circle
Circle CSO lays out policy principles for stablecoins in US
Dante Disparte, Circle’s chief strategy officer and head of global policy who has previously testified at congressional hearings, has called on United States lawmakers to balance the risks with developing a regulatory path for stablecoins.
16.07 / 00:35
Government
regulation
SEC
Lee
Financial
SEC commissioner Allison Lee departs, readying financial regulator for Jaime Lizárraga
Allison Herren Lee, one of five members of the United States Securities and Exchange Commission’s board, has officially left the regulatory body after more than three years as a commissioner.
15.07 / 23:19
regulation
Banks
Federal Reserve
Future
NOT
56% of banks say DLT and crypto are 'not a priority' in near future — Fed survey
A survey conducted by the Federal Reserve Board of the United States suggested that the majority of officials at major banks did not consider crypto-related products and services a priority in the near future.
15.07 / 10:35
business
Technology
Killing
Biden to meet with Saudi Arabia leaders despite Khashoggi killing criticism
President Joe Biden will discuss energy supply, human rights, and security cooperation in Saudi Arabia on Friday on a trip designed to restart the US relationship with a country he once pledged to make a "pariah" on the world stage.
14.07 / 23:35
Government
Law
CFTC
foreign
CFTC labels 34 crypto and forex firms as unregistered foreign entities
The United States Commodity Futures Trading Commission, or CFTC, has added 34 unregistered foreign entities to its Registration Deficient List, including at least six providing crypto-related services.
14.07 / 22:45
Law
regulation
International
Financial
UK financial watchdog exec hints at importance of international collaboration on crypto regulation
The chief executive of the United Kingdom’s Financial Conduct Authority, or FCA, said the U.K. government will be working with its counterparts in the United States to address a regulatory framework for cryptocurrencies.
14.07 / 16:19
Blockchain
Ethereum
hyperledger
Disaster
AIM
Blockchain-based solutions aim to address US disaster relief
Natural disasters in the United States are becoming more prevalent, resulting in increasing costs, a lack of transparency between state and government organizations and a slew of other issues impacting relief systems.
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