Department of Commerce seeks public input on digital currency regulations
The U.S. department is to publish 17 questions as it seeks input from the public on block reward mining, obstacles faced by VASPs, CBDCs, payments, and more.
Latest United States News
AML-averse BitMEX co-founder Arthur Hayes dodges prison time
Arthur Hayes, co-founder/former CEO of the BitMEX cryptocurrency exchange, won’t see the inside of a prison despite allowing customers to use the platform to circumvent U.S. anti-money laundering rules.
Gary Gensler highlights digital currency enforcement targets as SEC seeks budget raise
In his testimony before the U.S. Congress, Chairman Gary Gensler cited the need to provide more protection for investors as a justification for the bump in the SEC's budget for the fiscal year 2023.
CFTC taps new adviser with digital currency regulation experience
CFTC Commissioner Caroline D. Pham has appointed Keaghan Ames as counselor & senior policy advisor. Ames has experience in advising on digital currency regulatory issues.
Federal judge approves DOJ prosecution of US citizen who sent BTC to a sanctioned country
The Justice department’s complaint involves a U.S. citizen accused of transmitting more than $10 million worth of BTC to a digital currency exchange in a country under sanctions from the United States.
Eddy Alexandre of EminiFX charged in $60M ‘double your money’ digital asset scam
Eddy Alexandre allegedly told his investors he had a high-secret trading technology that allowed him to generate 5% weekly returns for investors, according to the U.S. Department of Justice.
Coin Signals trader gets 3-year prison term over $5M digital currency scam
Jeremy Spence, aka 'Coin Signals,' has been sentenced to 42 months in federal prison after he was found guilty of scamming more than 170 victims.
Jerome Powell confirmed to continue as US Federal Reserve chairman
Jerome Powell has been confirmed to continue as the chairman of the United States Federal Reserve Bank, garnering 80-19 votes from the Senate.
FASB makes setting digital currency accounting rules for companies a priority
In its recent board meeting, the non-profit organization discussed the addition of a project to review "accounting for exchange-traded digital assets and commodities."
The CoinGeek Pulse Episode 88: Treasury renews call for regulation amid UST and Luna collapse as Instagram integrates NFTs
UST, a stablecoin pegged to the U.S. dollar, along with its sister token Luna, plunged to its lowest value—dropping as low as below $0.30 and losing about $40 billion of its market cap in 48 hours.
Utah governor signs bill creating blockchain and digital innovation task force
House Bill 335, which was first introduced in February, mandates the task force to work on policy recommendations for the state's adoption of digital currency and blockchain technology.
US Federal Reserve says stablecoins are risky as UST goes down
The over-concentration of the stablecoin markets was also highlighted, with the trio of Tether (USDT), USD Coin (USDC), and Binance USD (BUSD) controlling over 80% of the market share.