Investors cry foul over ‘trickery’ in Status Research case
The Swiss blockchain technology company is being sued under U.S. securities laws, with investors arguing that the U.S. rules should still apply to the firm’s unregistered digital tokens.
Latest United States News
Delaware Chancery Court approves temporary restraining order vs Ripple
The court approved the bid from investor Tetragon to prevent Ripple from buying any more XRP, or redeeming other investor stock, until Tetragon’s stake had been redeemed.
How will the Biden administration approach digital currency?
Janet Yellen has addressed digital assets in her written testimony–her responses give us a look at how the Biden administration will approach digital assets.
Georgetown law professor Chris Brummer up for CFTC chair
Joe Biden is expected to choose Chris Brummer to lead the Commodity Futures Trading Commission following the resignation of incumbent Heath Tarbert.
FinCEN extends consultation for digital currency wallet rule
The period for comments has been extended for a further 15 days to allow submissions on a proposed $10,000 limit per transactions.
Visa calls off $5.3B acquisition of digital currency-friendly startup Plaid
The consumer credit giant was set to acquire Plaid for $5.3 billion, but antitrust claims from the Department of Justice have brought the deal to an end.
Federal banks can challenge patents: US Supreme Court
The U.S. Supreme Court has dismissed a bid to review a decision of the Federal Circuit which allows Federal Reserve banks to challenge patents.
RG Coins exchange owner sentenced to 10 years in $5M laundering case
Bulgarian national Rossen Iossifov was charged with conspiracy to commit money laundering and offenses under the Racketeer Influenced and Corrupt Organizations Act.
Former Coinbase lawyer steps down as acting head of bank regulator OCC
Prior to his appointment as Acting Comptroller in May 2020, Brian Brooks worked as general counsel at Coinbase.
Kentucky legislators unveil plan to attract block reward miners
Representatives Steven Rudy and Chris Freeland submitted a draft bill for consideration, which could see the state introduce measures designed to support block reward mining businesses to set up shop.
Anchorage becomes USA’s first federally chartered digital currency bank
Digital currency custodian Anchorage has become the first bank to receive a national charter from the Office of the Comptroller of the Currency (OCC).
Rumored new SEC head Gary Gensler could spell more regulation for digital asset industry
Gary Gensler’s rumored appointment could signal stricter rules for digital asset exchanges and projects to curb some of the industry’s past excesses.