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US Government to Sell Seized Silk Road Bitcoin

US Government to Sell Seized Silk Road Bitcoin

The US government plans to liquidate over 41,000 Bitcoin seized in the case against Silk Road creator Ross Ulbricht. The Bitcoin is expected to be sold in four more batches over the course of the year.

Billionaire investor Ray Dalio has described fiat currency as being in serious jeopardy

Billionaire investor Ray Dalio has described fiat currency as being in serious jeopardy

Bitcoin is too unpredictable to be "effective money," according to legendary investor Ray Dalio.

US Government Removes Cryptocurrency AML Provisions from NDAA

US Government Removes Cryptocurrency AML Provisions from NDAA

The US government has removed two AML provisions relating to cryptocurrencies from the NDAA, indicating a cautious approach to crypto regulation and raising concerns about future AML measures.

Elizabeth Warren Wants SEC to Double Down on Crypto Enforcement

Elizabeth Warren Wants SEC to Double Down on Crypto Enforcement

Warren wants the SEC to "double down" on crypto enforcement. The U.S. senator said that the previous SEC administration "basically gave the green light" to a cryptocurrency market "full with trash tokens".

SEC plans to propose new rule changes that could impact crypto firms

SEC plans to propose new rule changes that could impact crypto firms

The SEC is still deciding on a "qualified custodian."

How Bitcoin will react to US Government Shutdown

How Bitcoin will react to US Government Shutdown

The impending US government shutdown threatens to delay the SEC's approval for a spot Bitcoin ETF, amongst other financial repercussions. The scenario also underscores the growing frequency of federal shutdowns and the persistent concerns of credit rating agencies over the US's fiscal policymaking, all of which could have broader implications for both traditional and crypto financial markets.

US Judge Supports Government Bid to Quash Binance.US's $1 Billion Deal

US Judge Supports Government Bid to Quash Binance.US's $1 Billion Deal

A US judge has supported the government's bid to stop Binance.US from buying the assets of bankrupt crypto lender Voyager for $1 billion. The judge said the government had a substantial case on the merits, with delays potentially costing the estate up to $10 million per month. The sale had been approved earlier by a US bankruptcy judge, but objections from the US Attorney have put it on hold.

Justin Sun's TRON to Receive $2 Million from US Government Aid Coronavirus Relief

Justin Sun's TRON to Receive $2 Million from US Government Aid Coronavirus Relief

Justin Sun’s Tron platform has obtained US government aid of more than $2 million in coronavirus relief. The ongoing coronavirus crisis has wreaked havoc in the US financial markets. Particularly small-sized businesses are suffering from the economic shutdown meant to slow down the spread of coronavirus. With hundreds of thousands of employees in danger of losing their jobs, the US government created the Paycheck Protection Program (PPP) to help small businesses stay afloat. The money does not need to be repaid.

SEC panel votes in favor of proposal that may make it more difficult

SEC panel votes in favor of proposal that may make it more difficult

The US Securities Exchange and Commission has proposed new laws that would make it harder for crypto businesses to supply custody solutions. Opponents think this will hurt.

US Government to Auction $130 Million in Silk Road Bitcoin

US Government to Auction $130 Million in Silk Road Bitcoin

The US government is auctioning over $130 million in Bitcoin seized from the Silk Road case, involving digital assets linked to criminal activities. This significant move reflects the evolving approach to handling cryptocurrencies in law enforcement.

US Senator Sherrod Brown: Facebook is delusional

US Senator Sherrod Brown: Facebook is delusional

“Mark Zuckerberg has said that Facebook is more like a government than a company. That’s delusional.” US Senator Sherrod Brown said in a video tweet.

“We Can’t Let China Beat Us,” Document shows US Regulators Want to Pass a National Blockchain Bill

“We Can’t Let China Beat Us,” Document shows US Regulators Want to Pass a National Blockchain Bill

Lawmakers in the US are coaxing the federal government to consider a national blockchain strategy for regulation and growth, citing China’s Blockchain Service Network as an example.

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