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El Salvador is Opening a Bitcoin Embassy in the United States
United States

El Salvador is Opening a Bitcoin Embassy in the United States

El Salvador, the first nation to legalize Bitcoin, is opening a Texas Bitcoin Embassy to promote BTC.

Many Lawmakers and Witnesses Call for hearing exploring the crash of the crypto market
United States

Many Lawmakers and Witnesses Call for hearing exploring the crash of the crypto market

At a Senate Banking Committee meeting dubbed "Crypto Fall," financial professionals and politicians discussed how to address the crypto market crash.

SEC Chair Gary Gensler Called Out by House Representatives Over FTX
United States

SEC Chair Gary Gensler Called Out by House Representatives Over FTX

Former FTX CEO Sam Bankman-Fried was supposed to appear before the House Financial Services Committee in December. Lawmakers are questioning his arrest.

SEC Chair Gary Gensler Warns Crypto Companies
United States

SEC Chair Gary Gensler Warns Crypto Companies

Kraken agreed to shut down its U.S. staking services and initiatives, but SEC chair Gary Gensler advised other businesses to “come in and respect the law.”

Mississippi State Senate Passes Bill to Protect Crypto Miners
United States

Mississippi State Senate Passes Bill to Protect Crypto Miners

The Mississippi state senate approved a law to shield the bitcoin mining business from unfair "regulatory hurdles."

Kraken Agrees to Cease Staking Services for U.S. Clients
United States

Kraken Agrees to Cease Staking Services for U.S. Clients

Kraken settled with the SEC by ending its staking program and paying $30 million in disgorgement, prejudgment interest, and civil penalties.

The U.S. government's regulatory strategy towards crypto firms
United States

The U.S. government's regulatory strategy towards crypto firms

US officials reportedly discourage banks from serving the bitcoin business.

Former Coinbase Product Manager Seeks to Dismiss SEC Charges of Insider Trading
United States

Former Coinbase Product Manager Seeks to Dismiss SEC Charges of Insider Trading

Ten lawyers from five law firms filed a move to dismiss an SEC insider trading lawsuit against two brothers, calling the regulator "wrong" and lacking government authorisation.

Property linked to FTX customer funds pulled from market
United States

Property linked to FTX customer funds pulled from market

The seller withdrew a property tied to Sam Bankman-political Fried's expenditures.

CFTC Chair Rostin Behnam Continues Calls for Non-Security Tokens Regulations
United States

CFTC Chair Rostin Behnam Continues Calls for Non-Security Tokens Regulations

Chair Rostin Behnam said the CFTC was "ideally positioned" to solve crypto regulatory shortcomings, but legislators needed to provide it power.

Senate Banking Committee to Hold Second Hearing on Crypto Market Crash
United States

Senate Banking Committee to Hold Second Hearing on Crypto Market Crash

The Senate Banking Committee's second hearing of the 118th Congress will discuss digital asset protection.

The Number of Crypto-Related Enforcement Actions in the United States Grows
United States

The Number of Crypto-Related Enforcement Actions in the United States Grows

Blockchain risk monitoring business Solidus Labs predicts a significant rise in US federal and state enforcement actions in 2022.

Senate Banking Committee to Develop Bipartisan Regulatory Framework for Cryptocurrencies
United States

Senate Banking Committee to Develop Bipartisan Regulatory Framework for Cryptocurrencies

The Senate Banking Committee, led by Sherrod Brown and Tim Scott, may regulate crypto in the upcoming Congress.

US senators write to Silvergate Capital for answers on FTX collapse
United States

US senators write to Silvergate Capital for answers on FTX collapse

Senators Elizabeth Warren, Roger Marshall, and John Kennedy stated Silvergate had not adequately addressed its improper management of FTX customer cash.

Arizona State Senator Wendy Rogers Proposes Bills to Make Bitcoin Legal Tender
United States

Arizona State Senator Wendy Rogers Proposes Bills to Make Bitcoin Legal Tender

Arizona state senator Wendy Rogers also supported a tax-exempt crypto bill.