United States Financial News

09.02 / 20:04

Government CFTC Congress Bringing crypto market 'into the light' doesn’t address enforcement: CFTC chair

Commodity Futures Trading Commission chair Rostin Behnam is looking to members of Congress to address the commission’s lack of enforcement authority in the digital asset space.

09.02 / 15:59

Blockchain Adoption Religion services Religious services move to metaverse amid COVID-19 concerns

Many religious denominations now offer interactive digital locations to supplement traditional services, but unique to COVID-19 is the opportunity to experience spirituality in an immersive 3D environment through virtual reality (VR) technology.

08.02 / 21:19

Government Stablecoin Congress lawmaker hearing US lawmaker pushes for state-level regulations on stablecoins at hearing on digital assets

Whether regulations on stablecoins and digital assets should be addressed at the state or federal level was the topic of discussion among at least two U.S. lawmakers in a hearing for the House Committee on Financial Services.

08.02 / 17:29

Government proof-of-work Court Bitcoin Crypto Staking settlement No precedent: IRS court settlement doesn't clarify crypto staking taxes

In May 2021, a Nashville couple known as the Jarretts filed a lawsuit against the United States Internal Revenue Service (IRS) over taxes they had paid on unclaimed and unsold Tezos (XTZ) staking rewards. At the beginning of February,news broke that the lawsuit filed by the Jarretts had come to an end, resulting in the IRS issuing the couple a tax refund for $3,793.

08.02 / 15:49

Adoption Sport Bitcoin National US national figure skating body adopts Bitcoin donations

The United States national governing body for the sport of figure skating, the U.S. Figure Skating, is the latest organization in the country to enable donations in cryptocurrencies like Bitcoin (BTC).

07.02 / 19:35

Law Banks US Federal deposit insurer lists “crypto-asset risks” among its top priorities for the year

Martin J. Gruenberg, the acting chairman of the Federal Deposit Insurance Corporation, or FDIC, named “crypto-assets” among the agency’s key priorities in 2022, alongside addressing financial risks associated with climate change and promoting amendments to major federal statutes relevant to FDIC’s jurisdiction.

06.02 / 23:09

Sexual assault Bitcoin German leader's stance on Russia looms over first visit to US

German Chancellor Olaf Scholz set off Sunday for Washington seeking to reassure Americans that his country stands alongside the United States and other NATO partners in opposing any Russian aggression against Ukraine.

06.02 / 17:17

Blockchain Ethereum IRS Decentralized autonomous organizations: Tax considerations

A decentralized autonomous organizations (DAO) is an organization that is managed by a computer program powered by blockchain and run by a group of individuals who collectively vote to decide on organizational proposals. Typically, each member’s voting power is determined by their percentage interest in the DAO, which is calculated by dividing the digital assets contributed by a member by the total amount of digital assets in the DAO.

06.02 / 10:33

business Blockchain Adoption US Treasury targets NFTs for potential high-value art money laundering

The U.S. Department of the Treasury released a study on the high-value art market, highlighting the potential in the nonfungible tokens (NFT) space to conduct illicit money laundering or terror financing operations.

05.02 / 17:59

Government Law SEC Threat SEC rule Stealth rulemaking: Is proposed SEC rule with no mention of crypto a threat to DeFi?

On Jan. 26, the United States Securities and Exchange Commission proposed amendments to Rule 3b-16 under the Exchange Act that lacks any mention of digital assets or decentralized finance, which could adversely affect platforms that facilitate crypto transactions. Some cryptocurrency advocates — including SEC Commissioner Hester Peirce — believe that the commission’s extended definition of an exchange could thrust an entire class of crypto entities under the regulator’s jurisdiction, subjecting them to additional registration and reporting burdens. How real is the threat?

05.02 / 17:59

Government Blockchain Ethereum 3 things every NFT investor should know to avoid a tax nightmare

2021 will be remembered as the year of nonfungible tokens (NFTs). In a year where names like Beeple and Bored Ape Yacht Club dominated the headlines, it’s estimated that NFTs have generated more than $23 billion in trading volume.

05.02 / 09:29

business Congress Bitcoin Jack Dorsey on UBI: Bitcoin encourages transparency, long-term thinking

Twitter co-founder and Block (previously Square) CEO Jack Dorsey discussed the implications of a Bitcoin (BTC)-powered universal basic income (UBI) strategy with US congressional candidate and a full-time elementary school teacher, Aarika Rhodes.

05.02 / 03:47

business Technology Tesla Tesla recalls 817,000 vehicles in US over seat belt reminder alert

Tesla Inc is recalling more than 817,000 vehicles in the United States because an audible alert may not activate when a vehicle starts and the driver has not buckled the seat belt, a US auto safety regulator said.

05.02 / 01:33

Government Law privacy America COMPETES Act passes House without 'disastrous' provision on crypto

A piece of legislation aimed at addressing supply chain issues to keep the U.S. economy and businesses competitive has passed the House of Representatives — without a provision many in the crypto space had criticized for giving the Treasury Secretary authority to shut down exchanges.

04.02 / 21:37

Law Winter Olympics lawmakers US lawmakers US lawmakers issue warnings about digital yuan as Winter Olympics kicks off

With the opening ceremony of the Beijing 2022 Winter Olympics completed and all competing athletes currently in China, two members of Congress are warning of the potential dangers of using digital yuan at the events.

04.02 / 18:11

business Blockchain VC funding Blockchain startups grow as global VC funding generated $25.2B in 2021

Last year was impressive for blockchain startups, as research from CB Insights found that venture capital funding reached new heights during every quarter of 2021. According to CB Insights’ “State Of Blockchain 2021” report, $25.2 billion worth of venture capital funding went to global blockchain startups last year, demonstrating a 713% increase from $3.1 billion in 2020.

04.02 / 17:20

business Sport NFL to offer virtual NFT tickets at Super Bowl in Los Angeles

The NFL officially announced Wednesday that each fan who attends Super Bowl LVI in Los Angeles on Feb. 13 will receive a unique customized NFT.

04.02 / 00:53

Television Ukraine crisis: US accuses Russia of forming fake plot as invasion pretext

The United States has accused Russia of fabricating an attack by Ukrainian forces as a pretext to invade.

03.02 / 23:21

business coinbase IRS Deal Coinbase users can receive US tax refunds in crypto as part of TurboTax deal

Tax filing platform TurboTax is allowing U.S. filers to get their refunds directly in crypto as part of an arrangement with crypto exchange Coinbase.

03.02 / 20:51

Government IRS Taxes lawmakers US lawmakers US lawmakers reintroduce bill to stop IRS from taxing crypto transactions under $200

A bill previously introduced by Washington Representative Suzan DelBene aims to exempt crypto users from paying taxes on transactions under $200.

03.02 / 17:26

business Blockchain Adoption North America to lead growth in blockchain market, new report says

A new report indicates that the blockchain industry is set for astronomical growth in the next decade, with the North American market leading the way.

breaking news about United States

What is the current situation in United States?

In United States, the spotlight is on socially significant developments that affect the region’s daily life.

Where can I find reliable news about United States?

We publish reliable reports about the situation in United States, based on information from trusted sources.

What shapes the media agenda in United States?

The news landscape of United States is shaped by major cultural and social events, reflecting its local way of life.