Us government Financial News

27.06 / 15:49

Government Law regulation us government Opinion Gary Gensler is hurting the little guys for Wall Street

Even the most stalwart crypto supporters could see why the Securities and Exchange Commission might target the crypto industry for some enforcement. Events of the past year — from the failure of Three Arrows Capital to the fraud at FTX — were bound to bring some scrutiny, and the industry has always been too hospitable to blatant hucksters.

26.06 / 21:35

regulation us government ChatGPT us house US House bans members from using all chatbots except ChatGPT Plus

The United States House of Representatives recently adopted new rules banning all use of artificial intelligence (AI) large language models by members, with the sole exception of OpenAI’s ChatGPT Plus service.

25.06 / 18:07

markets Ethereum NASDAQ stocks us government bonds Bitcoin US Treasury yields are rising — What does it mean for Bitcoin price?

United States Government bonds, or Treasurys, have a tremendous influence across all tradeable markets, including Bitcoin (BTC) and Ether (ETH). In that sense, risk calculation in finance is relative, so every loan, mortgage and even cryptocurrency derivatives depend on the cost of capital attributed to U.S. dollars.

21.06 / 13:17

Government Law Adoption Binance regulation us government exchanges sec lawsuit Binance SEC lawsuit could dent crypto exchange’s global plans

The United States Securities and Exchange Commission filed a lawsuit against Binance along with its U.S. platform and CEO Changpeng Zhao on June 5 in a Washington, D.C. federal district court for allegedly violating securities laws and offering unregistered securities.

20.06 / 19:41

Government regulation us government Machine Learning Silicon Valley U.S. Biden to discuss dangers of AI in San Francisco meeting with experts

United States President Joe Biden will discuss artificial intelligence (AI) with a group of Silicon Valley experts on June 20 between campaign fundraising stops in California.

19.06 / 06:05

business Law regulation SEC coinbase security us government Coinbase blasts SEC for ‘no straight answers’ following court order

Coinbase has slammed the United States securities regulator for failing to answer questions asked in the U.S. Court of Appeals as part of its ongoing legal battle with the regulator.

16.06 / 03:07

business regulation us government Senate Machine Learning AI companies Senators US senators propose bill to eliminate section 230 protection for AI companies

U.S. Senators Josh Hawley, a republican from Missouri, and Richard Blumenthal, a democrat from Connecticut, introduced a senate bill on June 14 that would eliminate special protections afforded to online computer services providers under the Communications Decency Act of 1996.

13.06 / 02:13

business Blockchain Adoption SEC us government Senate Internet consequences Fear of blockchain will have 'disastrous consequences' — Ava Labs CEO testimony

Ava Labs CEO Emin Gün Sirer will be calling on United States officials to “nurture” and “support” responsible blockchain innovation, warning that they face “disastrous consequences” if they don't.

13.06 / 01:11

business CFTC SEC security us government eToro Customers eToro halts ALGO, MANA, MATIC and DASH purchases for US customers

Retail trading platform eToro has halted purchases of Algorand (ALGO), Decentraland (MANA), Polygon (MATIC), and Dash (DASH) for customers in the United States in response to their labeling as securities in recent SEC lawsuits.

09.06 / 10:15

business regulation us government Congress Mark Warner ChatGPT Senators US senators propose AI bills for transparency and innovation

Lawmakers in the United States have proposed two new bipartisan bills targeting issues of transparency and innovation in artificial intelligence (AI).

08.06 / 06:09

business Law Binance regulation coinbase us government Bankruptcy lawsuits Meet the judges that will preside over Coinbase and Binance’s SEC lawsuits

Court filings have revealed the names of the two United States District Court Judges that will preside over the Coinbase and Binance lawsuits brought against them by the U.S. Securities and Exchange Commission.

07.06 / 13:39

Government Law Adoption us government ATM Bitcoin Economics of Bitcoin ATM market could hinder wider adoption

As the digital asset market continues to evolve, the use of cryptocurrency ATMs grows with it. Over the past decade, nearly 40,000 cryptocurrency ATMs have popped up worldwide.

06.06 / 17:10

Robinhood CFTC regulation SEC coinbase us government Congress Coinbase, Robinhood, CFTC to testify in Congress over draft crypto bill

Coinbase, Robinhood, and representatives from the United States commodities regulator are set to testify before Congress on June 6 to discuss a newly proposed crypto bill.

01.06 / 12:39

Government Law regulation us government Taxes Bitcoin Does the US have a crypto ‘tax loophole’ problem?

The crypto sector appears to have dodged another bullet. At the time of publication, the United States has reached a political agreement to raise its debt ceiling, avoiding a calamitous default on its obligations, and this resolution probably won’t include any new taxes on cryptocurrencies.

30.05 / 14:39

Government Law regulation us government Bitcoin What the ‘anti-mining bill’ means for the crypto industry in Texas

In late April, over a hundred people gathered near the Texas Capitol building to protest.

29.05 / 01:27

Government regulation us government white house policies 7 presidential candidates have dropped clues about their crypto stance

In late 2024, citizens of the United States will take to the voting booths to elect their next president — a four-year term that could have a vast impact on the next crypto bull run.

21.05 / 17:15

business Government regulation us government Taxes Deal Biden won't accept debt deal protecting crypto traders — G7

United States President Joe Biden expressed opposition to a debt ceiling agreement with Republican leaders that would allegedly benefit crypto traders. Attending the Group of Seven (G7) Summit, Biden reportedly classified Republicans' proposed terms as "unacceptable" during a press conference.

19.05 / 18:33

Blockchain us government Bitcoin Breaking: Robert F. Kennedy Jr. to accept campaign donations in Bitcoin

Democratic presidential candidate Robert F. Kennedy Jr. (RFK) will be the first presidential candidate in United States history to accept campaign donations with Bitcoin, making his first appearance as a presidential candidate at the crypto conference. He praised the cryptocurrency as a "symbol of democracy and freedom" during the event.

18.05 / 15:15

Government Law Adoption regulation us government Congress hearing Congressional crypto hearing illustrates political stalemate on digital assets

On May 10, the United States House of Representatives Financial Services Committee and Agriculture Committee held their first joint hearing on digital asset regulation. The event felt like a logical continuation of another recent hearing where representatives lambasted Securities Exchange Commission Chair Gary Gensler for perceived regulatory overreach.

16.05 / 19:47

defi regulation Microsoft us government IBM Sam hearing ai safety OpenAI CEO Sam Altman testifies in ‘historic’ Senate hearing on AI safety

Sam Altman, the CEO of OpenAI and co-founder of Worldcoin, recently testified before Congress alongside IBM’s chief of trust, Christina Montgomery, and NYU professor Gary Marcus.

16.05 / 07:51

business Government regulation us government Banks Signature Bank failed to understand risks associated with crypto: FDIC chair

Investigations around the collapse of Signature Bank point toward illiquidity circumstances and poor management. However, the Federal Deposit Insurance Corporation (FDIC) chairman, Martin J. Gruenberg, believes that the bank’s failure to understand the risks associated with cryptocurrencies expedited its fall.

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