Latest News on US

Regulation

Telegram Prohibited from Issuing Gram Tokens as US Court Grants SEC's Injunction

A United States District Court has sided with the US Securities and Exchange Commission (SEC) granting an injunction against Telegram to to temporarily prevent the company from issuing its Gram tokens.

Lucas Cacioli

Mar 25, 2020

| 3 Min Read

#BLOCKCHAIN #TELEGRAM #GRAM #SEC #REGULATION #US #CRYPTOCURRENCY #ICO #TOKEN #SECURITIES

Industry

US Democrats Propose Distributing Covid-19 Stimulus Payments Through Digital Dollars to Unbanked Citizens

As markets across the globe continue to feel the crunch of economic disruption caused by the coronavirus pandemic, debate has raged over a massive stimulus package being proposed in the US which could see the IRS send up to $2000 a month to all US citizens until the recession takes a turn for the better.

Lucas Cacioli

Mar 24, 2020

| 3 Min Read

#BLOCKCHAIN #DEMOCRAT #CONGRESS #COVID-19 #CORONAVIRUS #US #FEDERAL RESERVE #NANCY PELOSI #DIGITAL DOLLAR #DIGITAL WALLET #UNBANKED #STIMULUS

Regulation

Hawaii Pushes Out New Digital Currency Regulatory Sandbox to Boost Crypto Growth

The government of Hawaii has recently announced its establishment of a regulatory sandbox for digital currency companies. The partnership between the Department of Commerce and Consumer Affairs, Division of Financial Institutions (DFI) and Hawaii Technology Development Corporation (HTDC) will see the launch of Hawaii’s first pilot program aimed for digital currencies.

Sarah Tran

Mar 19, 2020

| 2 Min Read

#HAWAII #US #DIGITAL CURRENCY #REGULATION #REGULATORY SANDBOX

Industry

Two Canadian Nationals Face Two Years in US Prison for Alleged Bitcoin Fraud

The US Department of Justice has sentenced two Canadian nationals to two years in the US federal prison for using a fake Twitter account to steal Bitcoins from an innocent US victim.

Nicholas Otieno

Mar 19, 2020

| 2 Min Read

#CANADA #US #CRIME #BITCOIN #BITCOIN FRAUD

Industry

US Congressman Set to Implement the Cryptocurrency Act of 2020

Paul Gosar of the House of Representative introduced the “Crypto-Currency Act of 2020,” on March 9, a bill that is set to choreograph a wide range of digital assets to be liable to the appropriate regulatory bodies and agencies assigned to it.

Alo Kingsley

Mar 10, 2020

| 2 Min Read

#US #CONGRESS #CONGRESSMEN #CRYPTOCURRENCY #LAW #LEGAL

Industry

Line’s Singapore Crypto Exchange Relaunched as US-based Bitfront

Line, the Japanese messaging service has closed its Singapore-based cryptocurrency exchange and relaunched the exchange service globally from a United States-based platform.

Lucas Cacioli

Feb 29, 2020

| 1 Min Read

#BLOCKCHAIN #BITCOIN #LINE #BITBOX #BITFRONT #US #EXCHANGE

Industry

US Court to Determine Which Law Firm Should Lead Classic Action Against Tether

Tether (USDT) stablecoin issuer, IFinex and its subsidiary, Bitfinex exchange are facing charges of allegedly manipulating the price of Bitcoin in 2017. Although the company, on the other hand, is vehemently in denial of the charges levelled against it.

Alo Kingsley

Feb 26, 2020

| 2 Min Read

#TETHER #IFINEX #NY COURT #NEW YORK #US #BITFINEX

Industry

First Crypto-Native Bank to be Launched in the United States by Former Wall Street Executive

Former Wall Street executive and blockchain laws advocate Caitlin Long has seized the opportunity to establish the first crypto-native bank in the United States. This opportunity came as an advantage as the Wyoming legislature has been progressive, and Long previously helped Wyoming to enact thirteen blockchain-enabling laws.

Sarah Tran

Feb 25, 2020

| 2 Min Read

#CRYPTO #BANK #CRYPTO BANK #WALL STREET #CAITLIN LONG #MARK GORDON #US #REGULATION

Industry

CFTC FinTech Research Wing Welcomes Innovators to Discuss with Regulators With its New Office Hours

LabCFTC, the United States Commodity Futures Trading Commission’s FinTech research wing, is planning to host office hours during the New York FinTech Week.

Sarah Tran

Feb 13, 2020

| 2 Min Read

#LABCFTC #CFTC #US #FINTECH #INNOVATION

Industry

White House Budget Urges Legislation to Return Secret Service to Treasury Due to Crypto Crime Surge

Cryptocurrencies, and other technological advancements, projected as a threat to the international financial marketplace, the department believes has contributed to more groups of criminal organizations and more links between financial and electronic crimes combined.

Sarah Tran

Feb 11, 2020

| 2 Min Read

#TREASURY #US #WHITE HOUSE #FINANCE #CRIME

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