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U.S. Should Align Itself with Digital Assets to Safeguard its Interests, Says Chainalysis Founder
United States

U.S. Should Align Itself with Digital Assets to Safeguard its Interests, Says Chainalysis Founder

During a Senate hearing, Chainalysis founder Jonathan Levin opined that the U.S. ought to prioritize and invest in digital assets to get the upper hand when enhancing financial transparency, public safety, and national security.

BitConnect Founder Charged with Orchestrating Global Crypto Ponzi Scheme Worth $2.4B
United States

BitConnect Founder Charged with Orchestrating Global Crypto Ponzi Scheme Worth $2.4B

A U.S. grand jury indicted Satish Kumbhani, the founder of BitConnect, orchestrating a fraud scheme that siphoned approximately $2.4 billion from investors.

FBI Says Cyber Criminals Dealing With Crypto are Rapidly Upgrading
United States

FBI Says Cyber Criminals Dealing With Crypto are Rapidly Upgrading

The United States Federal Bureau of Investigation (FBI) says that law enforcement can barely keep up with the advancements of criminal activities in the cryptocurrency sector.

Consumers See Crypto as Investment Tools, Study says
United States

Consumers See Crypto as Investment Tools, Study says

Consumers in the United States view cryptocurrencies as ideal investment vehicles, according to a new study by Paxos.

Georgia State Becomes next Mining Hub, Bitcoin Miners Enjoy its Green Energy
United States

Georgia State Becomes next Mining Hub, Bitcoin Miners Enjoy its Green Energy

The exodus of crypto mining operations out of China massively has become a blessing in disguise to the United States, given that it now takes the lion’s share.

Mutual Efforts with Europe, U.S. Key for CBDC Issuance: Bank of Japan Governor
United States

Mutual Efforts with Europe, U.S. Key for CBDC Issuance: Bank of Japan Governor

Joining hands with the United States and Europe is fundamental when meeting technical issues needed in the issuance of a central bank digital currency (CBDC).

Bank of America Predicts U.S. CBDC Rollout between 2025 and 2030
United States

Bank of America Predicts U.S. CBDC Rollout between 2025 and 2030

The Bank of America Corp. said that the US is likely to issue its own digital currency between 2025 and 2030, Bloomberg reported.

Biden's Administration to Release Crypto Strategy on Digital Assets Next Month
United States

Biden's Administration to Release Crypto Strategy on Digital Assets Next Month

US President Joe Biden's administration is working on an initial government-wide strategy on digital assets for release next month.

Digital Dollar's Benefits Could Affect Financial Stability & Privacy: US Fed
United States

Digital Dollar's Benefits Could Affect Financial Stability & Privacy: US Fed

The US Federal Reserve said that the introduction of an official digital version of the US dollar could benefit Americans but it may also potentially affect financial stability and privacy.

Ex-SEC Chair Jay Clayton Says He's a "Huge Believer" in Crypto
United States

Ex-SEC Chair Jay Clayton Says He's a "Huge Believer" in Crypto

Ex-Chairman of the US Securities and Exchange Commission Jay Clayton expressed his trust in the nascent digital currency world saying he is a “huge believer” in the technology underpinning the industry.

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