UNITED STATES

US Government Plans to Use USDC Stablecoin to Offer Foreign Aid in Venezuela
United States

US Government Plans to Use USDC Stablecoin to Offer Foreign Aid in Venezuela

U.S government has tapped Circle’s USDC stablecoin to offer foreign aid in Venezuela through President-elect Juan Guaidó exiled government.

US Treasury Official says IRS is Assessing Models for Crypto Tax Reporting Rules
United States

US Treasury Official says IRS is Assessing Models for Crypto Tax Reporting Rules

The IRS is developing domestic reporting rules for cryptocurrency taxation and assessing different models, according to a Treasury Department official at an OECD event.

Binance.US Digital Asset Trading Marketplace is Now Available in North Carolina
United States

Binance.US Digital Asset Trading Marketplace is Now Available in North Carolina

Binance.US has now expanded its digital asset trading services to include North Carolina investors.

US DHS Cybersecurity Official Expects to be Fired in Trump’s Post-Election Purge for Debunking Fake News
United States

US DHS Cybersecurity Official Expects to be Fired in Trump’s Post-Election Purge for Debunking Fake News

A United States Homeland cybersecurity official, Christopher Krebs expects to be cut in President Trump’s post-election purge for proactively debunking disinformation.

US Tax Office Warns Coinbase Users To Declare Crypto Holdings Before IRS Clampdown
United States

US Tax Office Warns Coinbase Users To Declare Crypto Holdings Before IRS Clampdown

The IRS may soon start clamping down on crypto users particularly those affiliated with Coinbase exchange who do not properly report their crypto holdings.

Democrats Critical of OCC's "Excessive Focus" on Crypto and Stablecoin Financial Services
United States

Democrats Critical of OCC's "Excessive Focus" on Crypto and Stablecoin Financial Services

Democrat members of the United States Congress led by Congresswoman Rashida Tlaib (D-MI) have criticized the OCC's focus on crypto and stablecoins.

Republicans Cry Foul Play, USPS Postal Employee Retracts Claims of Ballot Tampering
United States

Republicans Cry Foul Play, USPS Postal Employee Retracts Claims of Ballot Tampering

The US elections have finally come to an end, amid a flurry of anticipation and misinformation that have left the Republican party incredibly infuriated.

US Federal Reserve Weighs the Pros and Cons of a Digital Dollar CBDC
United States

US Federal Reserve Weighs the Pros and Cons of a Digital Dollar CBDC

The US Federal Reserve has continued to research the benefits and impact of implementing a central bank digital currency (CBDC).

What Biden’s Presidency Could Mean for Crypto
United States

What Biden’s Presidency Could Mean for Crypto

With Joe Biden's presidential win, the crypto community has speculated on how this would impact the industry.

Slow and Steady Wins the CBDC Race: Why the US is not Concerned with China's Speed
United States

Slow and Steady Wins the CBDC Race: Why the US is not Concerned with China's Speed

Slow and steady wins the CBDC Race: there are several reasons why the United States' digital dollar development has an edge over China’s speedy approach to its digital yuan.

US Seizes $24M in Cryptocurrencies Tied to Brazilian Investment Fraud Probe
United States

US Seizes $24M in Cryptocurrencies Tied to Brazilian Investment Fraud Probe

The US Department of Justice has seized $24 million in cryptocurrencies following investigations linked to online investment fraud.

Bitcoin Advocate Cynthia Lummis Wins US Senate Seat in Wyoming State
United States

Bitcoin Advocate Cynthia Lummis Wins US Senate Seat in Wyoming State

Cynthia Lummis is elected to serve in the senate for the state of Wyoming. She is a Bitcoin advocate who wants to develop an “American First” agenda and cut the national debt.

US Election 2020: Can I Change My Vote?
United States

US Election 2020: Can I Change My Vote?

The United States 2020 election day approaches, and a large number of US citizens have already cast their votes, but what if they wanted to change their votes before Nov. 3?

Binance CEO CZ Denies that US Exchange Arm Was Created to Distract Regulators
United States

Binance CEO CZ Denies that US Exchange Arm Was Created to Distract Regulators

The leaked "Tai Chi" document obtained by Forbes indicates that Binance.US was set up to circumvent regulation—a claim that CEO Changpeng Zhao (CZ) vehemently denies.

Cryptocurrency Hackers Target Trump Presidential Campaign Website with Monero Scam Addresses
United States

Cryptocurrency Hackers Target Trump Presidential Campaign Website with Monero Scam Addresses

US President Donald Trump’s 2020 presidential campaign website was briefly compromised yesterday in an attempt by hackers to gain cryptocurrency funds.