The Commodity Futures Trading Commission (CFTC) is reportedly investigating Binance alleging that the exchange was involved with “insider trading” and market manipulation. According to Bloomberg, the CFTC has expanded its Binance U.S. probe to see whether insider trading and market manipulation has been taking place at the world’s largest digital asset exchange. U.S. authorities are… Read More
Tag: u.s.
U.S. Congressional Research Service States Congress Should Realize The “Potential Trade-off” Of Over-regulating Crypto Assets
The U.S. Congressional Research Service (CRS) has released a report reminding policymakers that they may be stifling crypto innovation with fast-approaching crypto regulations being pushed by the current Joe Biden administration. Although it’s worth mentioning that several lawmakers are pushing for rules to protect crypto businesses and holders alike from government overreach, CRS says that… Read More
MORE STORIES
Crypto Five Musketeers: Senators Toomey, Warner, Lummis, Sinema, Portman Announce Bipartisan Pro Cryptocurrency Amendment
U.S. Senators Pat Toomey (R-Pa), Mark Warner (D-Va.), Cynthia Lummis (R-Wyo.), Kyrsten Sinema (D-Az.), and Rob Portman (R-Oh.) have announced a bipartisan agreement on an amendment to fix the digital asset reporting requirements in the controversial infrastructure bill. UPDATE – 5:00 P.M. EST — The Senate has failed to pass the bipartisan compromise on a… Read More
MORE STORIES
Treasury Secretary Janet Yellen Lobbying Against Pro-Crypto Amendment For Infrastructure Bill; Cardano’s Charles Hoskinson Urges Unity In Community
Treasury Secretary Janey Yellen has lobbied against the language on crypto put forth by Senators Wyden, Lummis, and Toomey. Meanwhile, Charles Hoskinson the founder of Cardano and IOHK, has urged the crypto community to put aside its likes and dislikes of projects and unite to stop the anti-crypto provision in the infrastructure bill f. UPDATE… Read More
MORE STORIES
IMMINENT Government Crypto Takeover (WORST Law For Cryptocurrency)
width=”560″ height=”314″ allowfullscreen=”allowfullscreen”> The gears of government turn slowly; but grind exceedingly fine”. The ancient Greeks understood the dynamics of power and bureaucracy and sadly nothing has changed. The highly touted infrastructure bill has passed through the lower chamber of congress and has moved on to the Senate. But not before institutions got a chance… Read More
MORE STORIES
U.S. Government Meets On THREE Different Congressional Hearings About Cryptocurrencies – Regulation, Ransomware and CBDCs
The U.S. Senate Banking Committee held a hearing on July 27th entitled: “Cryptocurrencies: What are they good for?,” in which senators discussed digital assets their benefits, and useful applicable use cases. At the same time, there was also a hearing on ransomware by the Senate Judiciary Committee where crypto was examined and a meeting with… Read More
MORE STORIES
Yale And Fed Researchers Publish Document On Stablecoins Ahead Of Biden Admin Meeting Discussing Regulation
Yale and Federal Reserve researchers have published a document entitled: “Taming Wildcat Stablecoins” on SSRN’s eLibrary, proposing how to address “systemic risks created by stablecoins, including regulating stablecoin issuers as banks and issuing a central bank digital currency.” “Cryptocurrencies are all the rage, but there is nothing new about privately produced money. The goal of… Read More
MORE STORIES
Biden Administration Forms Anti-Ransomware Task Force Contemplates $10 Million Bounty For Catching Hackers
The U.S. Biden administration has launched an anti-ransomware task force geared toward dealing with blackmail by hackers against corporations, proposing a bounty of $10 million dollars if the information given to investigators leads to the capture of culprits responsible. The new task force will focus on combating cyberattacks and tracing crypto that is paid as… Read More
MORE STORIES
Report: U.S. Biden Administration Will Use Five Eyes Intelligence Alliance Dealing With Ransomware
According to a report by CNN, the White House is in the process of finalizing its strategy for handling ransomware pertaining to crypto digital assets. The U.S. plan involves working with countries that are a part of the Five Eyes surveillance group, members consisting of — Australia, Canada, New Zealand, the United Kingdom, and the… Read More
MORE STORIES
FinCEN Hires First Chief Digital Currency Advisor Focuses On “Misuse Of Cryptocurrency”, As SEC Says Goal Is to Protect Investors
Financial Crimes Enforcement Network or FinCEN has announced that it has appointed Michele Korver as its first-ever Chief Digital Currency Advisor. Korver previously worked for the Department Of Justice (DOJ) serving as a digital currency adviser for the agency’s criminal division. She also advised the Treasury Department’s Financial Stability Oversight Council as well as and… Read More
Stay Connected With Me