Search Results for "u.s."
Senate banking chair considers crypto prohibition
Sherrod Brown, chairman of the U.S. Banking Committee, said a prohibition would be impossible because activity would migrate overseas. He requested a government-wide regulatory agency examination from the Treasury and Secretary. Patrick McHenry, the new chairman of the House Committee on Financial Services, supports crypto.
Bittrex to Shut Down U.S. Platform
Bittrex will close its U.S. platform on April 30, citing the current regulatory and economic environment. Customer funds are safe and available for withdrawal. The shutdown will not affect Bittrex Global, which will remain open for trading.
Coinbase Discontinues Plans to Launch Cryptocurrency Lending Product Following SEC’s Warning
Ongoing regulatory pressure has pushed Coinbase to scrap plans for a cryptocurrency lending product.
Breaking: Binance Sells Russian Operations to CommEX, Exits Market
Binance has announced the sale of its entire Russia business to CommEX, citing compliance issues as the primary reason for the exit. The transition process for existing Russian users is expected to take up to one year, with no financial strings attached to the deal for Binance.
Ripple Anticipates U.S. Banks to Adopt XRP Following Partial SEC Case Victory
Ripple expects U.S. banks to adopt its XRP for cross-border payments following a ruling that it's not necessarily a security.
Google Search Trends Show a Strong Correlation with Bitcoin Price
Google search trends have been positively correlated with Bitcoin price based on the current market trend.
BitCard® and Blackhawk Network (BHN) to Offer Bitcoin Gift Cards at Select U.S. Retailers
BitCard® has announced a new relationship with Blackhawk Network (BHN), one of the world's leaders in branded payment technology. Through this groundbreaking commercial relationship, BitCard® will offer its Bitcoin Gift Card at select U.S. retailers in BHN's vast network of retailers and B2B channels.
FinCEN Issues Alert to Counter Financing to Hamas and its Terrorist Activities
The Financial Crimes Enforcement Network (FinCEN) of the U.S. Department of the Treasury has issued an alert to financial institutions, urging vigilance in identifying and reporting suspicious activities related to the financing of the terrorist organization Hamas. The alert comes in the wake of a Hamas-led attack on Israel on October 7, 2023, which was funded through various means, including virtual currency.
Animoca Brands to Focus on Markets Outside U.S. after SEC Labels Sand Cryptocurrency an Unregistered Security
Hong Kong-based blockchain giant, Animoca Brands, has announced its plans to shift its focus to markets outside the U.S.
Stablecoins Could Bolster U.S. Dollar and Economic Competitiveness: Circle CEO
In a compelling testimony delivered to the House Financial Services Committee, Jeremy Allaire, CEO and Co-Founder of Circle, underlined the significant role stablecoins, such as the U.S. Dollar Coin (USDC), could play in strengthening the global position of the U.S. dollar.
Judge Expresses Concerns Over Proposed Bail Conditions for Former FTX Founder
U.S. District Judge Lewis Kaplan has expressed concerns over the proposed bail conditions for former FTX founder Sam Bankman-Fried, citing the risk of potential evasion and covert electronic communication.
US Officials Oppose Voyager Sale Provision
US officials request removal of a provision in Voyager Digital's bankruptcy plan, arguing it would impede government's regulatory powers; the provision prevents legal pursuit of those involved in the sale to Binance.US.