United States Financial News

25.10 / 02:11

Stablecoin regulation Bitcoin Dollar regulatory Stablecoin market escaping US regulatory oversight: Chainalysis

The United States government may be losing regulatory oversight of the stablecoin market, according to a new report by blockchain research firm Chainalysis.

25.10 / 02:11

Government regulation Congress Pro-crypto lawmaker Tom Emmer ends hours-long speaker campaign: Report

Tom Emmer, the current majority whip and a crypto proponent, has reportedly dropped his bid to become the next speaker of the United States House of Representatives — a position second in line to the U.S. presidency.

25.10 / 02:11

Binance CFTC regulation Binance and CZ renew calls to dismiss CFTC lawsuit

Lawyers representing Binance and its CEO, Changpeng “CZ” Zhao, have filed statements in support of a motion to dismiss a lawsuit filed by the United States Commodity Futures Trading Commission (CFTC) in March.

25.10 / 02:11

regulation Congress Voting Pro-crypto lawmaker Tom Emmer wins Republican nomination for House speaker

Republican members of the United States House of Representatives have chosen Tom Emmer, the current majority whip and crypto proponent, as their nominee to be the next speaker.

20.10 / 20:15

regulation Terrorism FinCEN Bitcoin Wallet FinCEN issues alert regarding crypto transactions connected to Hamas

The United States Treasury Department’s Financial Crimes Enforcement Network, or FinCEN, issued an alert for financial institutions as part of efforts to identify “suspicious activity” related to funding terrorist groups.

19.10 / 21:49

Law Ripple regulation SEC Court SEC moves to dismiss lawsuit against Ripple’s Brad Garlinghouse and Chris Larsen

Lawyers representing the United States Securities and Exchange Commission announced they will seek to dismiss all claims against Ripple CEO Brad Garlinghouse and co-founder Chris Larsen.

19.10 / 19:45

regulation sanctions Money laundering Mixers Crypto mixers FinCEN proposes designating crypto mixers as money-laundering hubs

The United States Treasury Department's Financial Crimes Enforcement Network, or FinCEN, has proposed designating cryptocurrency mixing as an area of "primary money laundering concern" following Hamas’ attack on Israel.

19.10 / 17:27

Law regulation Money laundering Terrorism Advocacy groups push back against Sen. Warren linking crypto with terrorism

United States-based crypto advocacy organizations are calling out Senator Elizabeth Warren and other lawmakers for some of the claims made regarding connections between the terrorist group Hamas and financing through cryptocurrency.

19.10 / 12:40

Blockchain regulation IRS Taxes Bitcoin Threat IRS crypto tax reporting rules threat to industry — Coinbase legal chief

Coinbase crypto exchange chief legal officer Paul Singh Grewal called upon the crypto community to join the movement against the United States Treasury’s proposed tax reporting regulations on cryptocurrencies. Grewal urged the community to oppose the proposed regulations as it could set a dangerous precedent for surveillance.

19.10 / 10:43

Law Mining crypto mining Arkansas Residents Outcry Over Rising Crypto Mining Nuisance, Senator Seeks Governor’s Response

A senator from the US state of Arkansas is seeking answers from the governor's office as there is an increase in the outcry over unwanted cryptocurrency mines in small towns across the state.

18.10 / 09:33

Technology regulation European Union UK to target potential AI threats at planned November summit

The United Kingdom will be hosting the world’s inaugural international summit on artificial intelligence (AI) safety in November 2023. This event seeks to establish the U.K.’s presence as a mediator between the United States, China and the European Union in the critical field of technology post-Brexit.

17.10 / 21:43

Law regulation Congress us house Pro-crypto lawmaker stays interim US House Speaker as frontrunner loses first round of voting

North Carolina Representative Patrick McHenry, chair of the United States House Financial Services Committee and crypto proponent in Congress, is still temporarily in the third most powerful role in government after one of his Republican colleagues failed to secure enough votes.

17.10 / 21:09

regulation us government NVIDIA OpenAI US expands export controls for AI semiconductor chips to China

The United States Department of Commerce’s Bureau of Industry and Security (BIS) released a notice on Oct. 17 expanding the already existing export controls of artificial intelligence (AI) chips to China.

17.10 / 05:21

business Law NFT regulation Court Opensea NOT ‘I’m still not seeing it’ — Judges skeptical of Ryder Ripps’ BAYC appeal

Nonfungible token (NFT) artist Ryder Ripps’ most recent attempt to dismiss the Bored Ape Yacht Club-related lawsuit against him appears to have fallen on skeptical ears.

17.10 / 04:51

Law Mining regulation Ban Pennsylvania crypto mining permit halt cut from bill after union pressure

A Pennsylvania House Representative has cut a two-year crypto mining ban from their bill to regulate the sector’s energy consumption claiming trade labor unions pressured the change.

16.10 / 21:01

Law regulation SEC Court Terra Usd Terra Federal judge gives Genesis 5 days to comply with Terraform Labs subpoena

A United States judge has approved an order requiring Genesis Global entities to produce certain documents in accordance with a subpoena requested by Terraform Labs.

16.10 / 19:31

regulation SEC Financial SEC chair Gary Gensler warns impending AI-wrought financial crisis ‘nearly unavoidable’

United States Securities and Exchange Commission chair Gary Gensler has reportedly stated that, without some form of intervention, a financial crisis stemming from the widespread use of artificial intelligence was “nearly unavoidable.”

16.10 / 19:09

Adoption Asia regulatory Crypto Projects Turn to Asia for Growth Opportunities Amid Regulatory Scrutiny in the U.S.

Crypto projects and investors are turning to Asia in search of growth opportunities amid increasing regulatory scrutiny in the United States.

15.10 / 13:15

business Trading Canon's new technology competes with ASML in chip manufacturing

Canon, the Japanese company recognized for its printers and cameras, unveiled a pivotal solution on Friday, Oct. 13, designed to aid in the production of cutting-edge semiconductor components.

15.10 / 01:15

regulation Digital Asset California Gov. Newsom greenlights crypto regulation bill for 2025

California Governor Gavin Newsom has approved a cryptocurrency bill that enforces stricter regulations on businesses conducting crypto operations, set to begin in 18 months.

13.10 / 23:03

business security US authorities monitor China-linked Bitcoin miners amid national security concerns: Report

Officials within the United States government were reportedly keeping tabs on certain cryptocurrency mining operations with ties to China.

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