Latest News
By Federal Newswire Report | Jun 8, 2023
U.S. Senator Bill Hagerty (R-TN) said the U.S. Securities and Exchange Commission (SEC), led by chairman Gary Gensler, is “weaponizing their role to kill [the crypto] industry.” The junior Senator from Tennessee tweeted the comment following the SEC’s announcement of back-to-back lawsuits against Binance and Coinbase, the largest crypto exchanges globally and in the U.S., respectively.
By Federal Newswire Report | Jun 8, 2023
U.S. Reps. Patrick McHenry and Glenn Thompson, chairmen of the House Financial Services Committee and the House Committee on Agriculture, respectively, recently released a draft bill aiming to improve regulation of the digital asset industry.
By Federal Newswire | Jun 8, 2023
In a press release dated June 6, 2023, Kristin Smith, the CEO of the Blockchain Association, released a statement regarding recent actions taken by the Securities and Exchange Commission (SEC) in relation to digital assets.
By Whit Kennedy | Jun 6, 2023
Following the announcement the US Securities and Exchange Commission had sued Binance, the world’s largest cryptocurrency exchange, prolific crypto legal commentator John Deaton criticized the SEC’s tactics of “regulation by enforcement” and “lawsuit by media” to address cryptocurrencies.
By Federal Newswire | Jun 6, 2023
The Securities and Exchange Commission (SEC) yesterday filed 13 charges against cryptocurrency exchange Binance Holdings Ltd. and its founder, Changpeng Zhao, for alleged violations of securities law.
By Federal Newswire Report | Jun 5, 2023
Sen. Cynthia Lummis (R-Wyo.) said she thinks the proposed Digital Asset Mining Energy (DAME) tax constitutes unfair targeting of the digital asset industry.
By Federal Newswire Report | May 31, 2023
Binance, the largest cryptocurrency exchange in the world, said its investigations team has helped U.S. law enforcement seize millions of dollars from and freeze the accounts of individuals associated with organized crime in North Korea.
By Federal Newswire Report | May 29, 2023
The sole provider of small Bitcoin vouchers for everyday use, Bitcoin platform Azteco has generated $6 million in seed funding.
By Federal Newswire Report | May 26, 2023
An organization, with ties to the El Salvador government, has disputed claims that the country's plans to create a haven for Bitcoin (BTC) enthusiasts have been abandoned, according to a Cryptonews article published Tuesday.
By Federal Newswire Report | May 25, 2023
The White House's Council of Economic Advisors (CEA) has published a blog post expanding on the new Digital Asset Mining Energy (DAME) excise tax, which is included in President Biden's proposed fiscal year 2024 budget.
By Federal Newswire Report | May 19, 2023
In one night, a miner reaped 6.701 bitcoin (BTC), yielding almost $200,000 in transaction fees.
By Federal Newswire Report | May 19, 2023
Coinbase, the largest cryptocurrency exchange in the U.S., took action in federal court last month, asking the U.S. Securities and Exchange Commission (SEC) to respond to a petition the company filed last year seeking clarity for the digital asset industry.
By Federal Newswire Report | May 18, 2023
Former Coinbase Chief Technology Officer Balaji Srinivasan settled his March wager that Bitcoin will hit $1 million in just 90 days while warning the public that he believes that hyperinflation is imminent.
By Federal Newswire Report | May 11, 2023
Congressman Patrick McHenry (R-NC), the chairman of the House Financial Services Committee, sent a letter on May 9 to House Appropriations Committee Chairwoman Kay Granger (TX-12) and Ranking Member Rosa DeLauro (CT-03) outlining his committee's priorities. McHenry said in the letter that a top priority is ensuring that innovation can thrive in the U.S., and he believes that in order for that to happen, Congress needs to pass a comprehensive bill laying out regulations for digital assets.
By Federal Newswire Report | May 11, 2023
Denis Gennadievich Kulkov, accused of running Try2Check, a "card-checking" platform used by cybercriminals in the stolen credit card trade, has been charged with access device fraud, computer intrusion, and money laundering.
By Federal Newswire Report | May 8, 2023
Sen. Cynthia Lummis (R-WY) was one of several legislators who spoke at the April 26 Bitcoin Policy Summit, a one-day conference hosted by the Bitcoin Policy Institute.
By Federal Newswire Report | May 3, 2023
Coinbase, the largest crypto exchange in the U.S., has filed a narrow action in federal court seeking an answer from the U.S. Securities and Exchange Commission (SEC) in response to a petition Coinbase filed last summer.
By Gregory Burnett | May 2, 2023
Many crypto industry insiders have been calling on U.S. lawmakers and regulators to establish clear regulations for the industry, warning that a failure to do so will only increase the flood of innovators and entrepreneurs moving out of the U.S. to more crypto-friendly jurisdictions.
By Federal Newswire Report | May 2, 2023
Visa, the global payment giant, seems to be moving forward in the crypto industry once again after advancing into the space in 2020 but pausing in 2022 due to the high-profile collapses of some crypto companies, like exchange FTX.
By Bob Pepalis | May 1, 2023
Witnesses in a Congressional hearing on April 27 on “The Future of Digital Assets: Identifying the Regulatory Gaps in Spot Market Regulation,” suggested giving the CFTC or a self-regulatory organization oversight authority.