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Category: USA Crypto

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1664224151888 27b19a21 ef0f 49b7 afb1 a6c00f0bbff5
September 26, 2022 No Comments

Nexo hit with enforcement actions from 8 US state regulators

Regulators across multiple US states have announced enforcement actions against crypto lender Nexo, with cease-and-desist orders from some over Nexo’s interest-bearing crypto product. On Monday afternoon, at least eight states had variously filed actions against the leading crypto lender. A

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1661276362102 047c8b5f e244 465e 9661 5f94279866ae
August 23, 2022August 29, 2022 No Comments

US lawmaker writes to Treasury about Tornado Cash sanctions

US Congressman Tom Emmer (R-MN) wants answers from the Treasury Department over the sanctions the agency imposed on Tornado Cash. In a letter addressed to Treasury’s Janet Yellen on Tuesday, Rep. Emmer highlighted his take on the sanctions, noting the

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1661202933183 71da17eb e7dd 4a72 90b4 68901c452c3b
August 22, 2022 No Comments

Ex-OpenSea exec wants NFTs insider trading charges dropped

The ex-OpenSea product manager filed the motion at the United States District Court for the Southern District of New York.  He says NFTs are not securities or commodities and thus he cannot be charged with wire fraud. The US Department

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1635320364965 a3d33ec1 3172 42e5 8a76 140822340143
August 19, 2022August 29, 2022 No Comments

FDIC warns FTX US over misleading claims on crypto insurance

FDIC sent the cease and desist letter to five companies, including FTX US and mentioned alleged misleading tweets from FTX US president Brett Harrison. The agency wants the crypto company to ensure any misleading details are removed and compliance confirmed

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1660768236136 3b5ce33a 74c0 4672 be46 84271633a4e6
August 17, 2022August 29, 2022 No Comments

eToro set to buy US startup Gatsby for $50M

eToro will acquire the US-based startup for $50 million in a cash and common stock deal. The deal is part of eToro’s plans to expand into the US market, where Robinhood remains one of the main competitors. Gatsby launched in

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1659134237707 e279f30d 35f0 4596 aaeb d197294e3b77
July 30, 2022August 4, 2022 No Comments

Deposit insurance doesn’t include crypto

The FDIC says the public should note that deposit insurance does not cover non-bank entities and non-deposit products, including stocks and cryptocurrencies. The Federal Deposit Insurance Corp (FDIC), an independent US agency that insures deposits and helps protect customers in

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1627903497284 e94bc6e9 68a7 430e ac40 e84e6d77ea34
July 28, 2022August 4, 2022 No Comments

analyst points to what could happen next for Chainlink (LINK)

Chainlink (LINK) price rose sharply on Thursday to break above $7.20 as the crypto market rode positive momentum across risk assets. At the time of writng, LINK/USD was trading near $7.17 with weekly gains now up to 5% and 30-day

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1658939505407 31d675f7 ae7e 4df0 8d8b f055217266ec
July 27, 2022August 4, 2022 No Comments

CoinFlip announces venture fund to boost Web3 development

Cryptocurrency ATM firm CoinFlip has announced a new fund venture set to boost the emerging Web3 ecosystem, according to a news release the fintech company shared on Wednesday. The CoinFlip Ventures, which the Chicago-based crypto company will fund to a tune

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1658759996842 65dea87f 43a0 43a7 a19e 47922658ce0a
July 25, 2022July 26, 2022 No Comments

US film producer pleads guilty to crypto scam

Atlanta film producer Ryan Felton has pleaded guilty to charges indicating he ran a cryptocurrency scam that saw him steal over $2.5 million from crypto investors. The film producer, indicted in the US over his activities around the crypto projects

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1634128957225 c2324b06 6b18 49ce abad 54e9c28cda88
July 16, 2022July 18, 2022 No Comments

Bitcoin mining will continue to flourish in the US

The United States has become one of the largest cryptocurrency mining countries in the world. The United States has become home to some of the leading cryptocurrency mining companies in the world. Since China’s crackdown on cryptocurrency mining activities in

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1656494687293 36055c05 a772 4406 8e0a c95af37d5f92
June 29, 2022June 30, 2022 No Comments

Brooks says crypto will not replace the US Dollar

The cryptocurrency market has grown tremendously over the past few years and experts believe the market is still in its early stages. Brain Brooks, the CEO of BitFury and former U.S. Acting Comptroller of the Currency, stated that cryptocurrencies are

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1645798150293 02012628 70c2 4616 8974 d75a4abbd0ea
June 18, 2022June 18, 2022 No Comments

The US needs to embrace Bitcoin, says Pompliano

America needs to “get very serious about [its] Bitcoin strategy as a nation-state,” said Pompliano. Bitcoin is a US technology “from an ethos standpoint,” he added. Most of the selling pressure around BTC is from short-term holders and institutional traders

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1646852103636 dc8de874 2d58 473d ac58 b9bd5257dec2
June 18, 2022June 18, 2022 No Comments

Biden signs bitcoin executive order and says CBDC is a matter of “urgency” to the US

The US President Joe Biden has signed an executive order that actively calls for policies on Bitcoin and other cryptocurrencies and urgent action in researching and developing a central bank digital currency (CBDC) in the US. The executive order outlines

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1648472636055 819945ca e88e 4efe a7b0 c8960faa5f5e
June 18, 2022June 18, 2022 No Comments

America’s Top 5 Pro-Crypto Politicians, Revealed

Last year, Elizabeth Warren described cryptocurrencies as the refuge of  “shadowy super coders”, leading commentators to criticise the ignorance of US politicians towards an increasingly important aspect of modern financial life.  Warren isn’t a fair representation of Washington as a

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