The dollar dominance
Dollar dominance may be a considerable factor for the U.S. in retaining its global power, but not in the long run, as it contributes to the gradual weakening of the American industrial strength.
Latest United States News
Sorry crypto bros, Gary Gensler is right
Gary Gensler stood his ground that existing laws apply to digital assets since day one amidst criticism from the crypto bros, who lament the alleged ambiguous regulations that meddle with their operations.
Coinbase’s overseas expansion seeks more swaps, fewer cops
Coinbase recently posted an update on its plan to “go broad and deep,” aka establish bases of operation in jurisdictions that will let it do what American authorities won’t let it do at home.
Taylor Swift evaded FTX due to securities violation concerns, lawyer says
Taylor Swift was the only celebrity who bothered to ask FTX if they were offering unregistered securities, and it saved her millions of dollars in an ensuing lawsuit.
US: Reginald Fowler faces 7 years in prison over crypto shadow banking activities
Reginald Fowler, who ran Crypto Capital Corp, is to be sentenced on April 20 and the DOJ is pushing for 7 years behind bars to reflect the seriousness of the offense.
US stablecoin bills might someday pass, but not this one
Stablecoins were front and center in the House of Representatives' Financial Services Committee hearing last Wednesday, and some of the opinions voiced were more than a little unstable.
Republicans to SEC’s Gensler: Leave ‘crypto’ alone!
Gary Gensler took a jab from Rep. Patrick McHenry after claiming that the 'crypto' market is noncompliant with the law, with the latter saying that the SEC hasn't even clarified the statute of digital assets.
US bipartisan stablecoin bill could spell doom for Tether
The draft bill states a two-year interval on issuing stablecoins and access to central bank borrowing and deposit accounts but made no mention of appropriate audits on proper backing of reserves.
Bittrex exchange latest to face SEC charges over failure to register
At least $1.3 billion in revenue were allegedly collected by Bittrex entities acting as broker-dealers, exchanges, and clearing agencies since 2014 without prior registration with the U.S. securities regulator.
SEC and Ripple face off over fair notice defense
The U.S. Securities and Exchange Commission and Ripple have exchanged filings over one of Ripple’s most prominent defenses against accusations it illegally offered unregistered securities in connection with XRP.
Dollar collapse, bullish?
As Bitcoin gains traction, it could reshape global power structures, spur innovation, and promote financial inclusivity. This shift could prove to be a net good for freedom and prosperity worldwide.
Man sentenced for decade-old 50K+ Bitcoin theft from Silk Road
James Zhong received a one-year and one-day prison sentence in connection with his decade-old offense from the Southern District of New York, a crime that almost allowed him to get away with billions of dollars.