United States Financial News

12.01 / 23:22

business Bitcoin Payments Bitcoin Northwest Arkansas offering $10K in Bitcoin to attract remote workers

The Northwest Arkansas Council, consisting of business leaders aimed at promoting development in the region, has announced a crypto incentive program to bring in tech professionals and entrepreneurs willing to work remotely.

12.01 / 19:49

Money Bitcoin new cryptocurrency Will New York's new mayor turn the city into a new cryptocurrency hub?

With US cities such as Miami and Austin trying to court digital asset companies, John Wu was unsure whether to make New York the permanent home of his cryptocurrency and blockchain start-up Ava Labs - until Eric Adams was elected mayor last year.

12.01 / 18:19

Government regulation Federal Reserve lawmaker US lawmaker proposes bill aimed at limiting Fed's ability to issue CBDC

Minnesota Representative Tom Emmer has announced he will be introducing a bill intended to prevent the Federal Reserve from acting as a retail bank in the potential issuance of a digital dollar.

12.01 / 08:43

NATO Russia and US take tougher stances before more talks on Ukraine

Moscow and Washington both took uncompromising stands Tuesday ahead of more talks amid a Russian troop buildup near Ukraine — with the US rebuffing a demand to halt NATO expansion and the Kremlin said it will quickly see if it is worthwhile to even keep negotiating.

12.01 / 01:25

business coinbase Coinbase announces 'nearly the entire company will shut down' for four weeklong breaks in 2022 to allow workers to recharge

Major U.S. crypto exchange Coinbase will be giving its employees one week off each quarter in 2022 to recharge after “long days and long weeks” of intense work.

11.01 / 21:21

Government Federal Reserve Senate lawmaker crypto legislation US lawmaker hints at upcoming crypto legislation as Jerome Powell says Fed will release report on digital currency soon

At his confirmation hearing in front of members of the Senate Banking Committee, Federal Reserve chair Jerome Powell said the agency would be releasing its report on cryptocurrencies “within weeks.”

11.01 / 17:37

Binance coinbase Bitcoin network Coinbase, PayPal join TaxBit Network for free crypto tax forms

Crypto tax compliance firm TaxBit is working to unite major industry companies like Coinbase and Binance.US within one network to enable free 2021 tax forms for users.

08.01 / 18:15

Adoption Congress ConstitutionDAO, a ‘crypto red alert’ and other cases of crypto-powered social action in 2021

From the very beginning of the cryptocurrency movement, the societal potential of Bitcoin (BTC) has been one of the fundamental selling points. The decentralized design of crypto-based systems introduces the possibility of bringing individuals together to work toward shared goals, as well as enabling them to pool resources while remaining insulated from outside control. 2021 saw a number of cases that could serve as evidence of this emancipatory power of digital assets.

08.01 / 01:15

Government CFTC Senate President Biden sends CFTC nominations to Senate

The White House has officially submitted President Joe Biden’s nominations to fill two seats at the Commodity Futures Trading Commission with the upcoming departure of another commissioner.

07.01 / 18:01

cryptocurrency Bitcoin Crypto miners Bitcoin price slumps as Kazakhstan Internet black-out hits crypto miners

The price of Bitcoin slumped on Friday to lows not seen since September as Kazakhstan, the second-biggest country for Bitcoin mining, lost Internet access amid the political upheaval over energy prices.

06.01 / 20:31

Blockchain Law regulation Lobby Dapper Labs becomes the first NFT company to register to lobby with the US government

Based in Vancouver, Dapper Labs offers a variety of NFT based products and dapps. These include games like CryptoKitties, where players can breed and raise NFT kittens, and Cheeze Wizards, a tournament series where collectible characters can duel each other. Additionally, Dapper Labs is partnered with the NBA and is responsible for Top Shot, an NFT marketplace that sells highlights from basketball games. The UFC has also partnered with Dapper Labs to offer a similar service in the near future.

06.01 / 19:57

regulation Bitcoin NYC mayor getting paid in Bitcoin suggests buying the dip

Newly sworn-in New York City Mayor Eric Adams is already using his influence to speak publicly about buying the recent Bitcoin dip.

05.01 / 22:49

Government economy Federal Reserve President Biden is considering economists to fill Fed seats as leadership nominations move to Senate: Report

The White House is reportedly considering an Obama-era economic adviser and former Fed economist to fill the empty seats on the board of governors of the Federal Reserve System in 2022.

04.01 / 16:21

business coinbase Bitcoin Coinbase CEO reportedly buys LA mansion for $133M

Brian Armstrong, CEO of Coinbase — the largest cryptocurrency exchange in the United States — reportedly made a multi-million-dollar real estate purchase at the end of 2021.

04.01 / 14:25

Silicon Valley Elizabeth Holmes trial: Former Theranos CEO convicted of fraud and conspiracy

In a case that exposed Silicon Valley’s culture of hubris and hype, Elizabeth Holmes was convicted Monday of duping investors into believing her startup Theranos had developed a revolutionary medical device that could detect a multitude of diseases and conditions from a few drops of blood.

04.01 / 12:37

Adoption Bitcoin Trump Former First Lady Melania Trump congratulates Bitcoin on 13th birthday

Shortly after launching her own nonfungible token (NFT) project last month, former First Lady of the United States Melania Trump gave a shout out to Bitcoin (BTC) on Twitter.

04.01 / 08:39

Silicon Valley Former Theranos CEO Holmes convicted of fraud and conspiracy

03.01 / 15:11

Adoption Investments Bitcoin Bitcoin is new gold for millennials, Wharton’s finance professor says

Bitcoin (BTC), the world’s most-valued cryptocurrency, has replaced gold as an inflation hedge for young investors, according to Wharton’s finance professor.

31.12 / 18:15

Stablecoin Adoption Tether US regulators Will US regulators shake stablecoins into high-tech banks?

Regulators around the world have been thinking seriously about the risks associated with stablecoins since 2019 but recently, concerns have intensified, particularly in the United States.

31.12 / 10:19

Sanctions will cause 'complete breakdown' in US-Russia relations, Putin warns Biden

Vladimir Putin has warned Joe Biden there would be a complete breakdown in relations between Russia and the United States if new sanctions were imposed because of tensions in Ukraine.

30.12 / 23:11

Government regulation SEC Sec Chair SEC chair has a new senior adviser for crypto

United States Securities and Exchange Commission (SEC) chair Gary Gensler has added a new staff member who will offer advice related to crypto policymaking and interagency work.

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