United States Archives

The DDD (Detrimental Dollar Dominance) Syndrome

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3 June, 2023

The DDD (Detrimental Dollar Dominance) Syndrome

The dollar dominance does not benefit the United States as it mostly benefits the financial sector, at the expense of...

Hostile mining bill on hold until 2025 as Texas concludes legislative session

Tech

Steve Kaaru

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2 June, 2023

Hostile mining bill on hold until 2025 as Texas concludes legislative session

Bill 1751 seeks to slash the tax breaks BTC miners enjoy in Texas, while bill 1666 wants exchanges to hold...

7 central banks team up with BIS to examine policy issues for CBDC launch

Business

Wahid Pessarlay

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1 June, 2023

7 central banks team up with BIS to examine policy issues for CBDC launch

The research paper focused solely on retail central bank digital currencies, which explored potential legal issues and the need to...

Business

Jordan Atkins

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31 May, 2023

Gemini, Genesis want SEC charges dismissed

Genesis and Gemini argued that the alleged ‘securities’ in this case are mere lone agreements being incorrectly characterized by the...

Tornado Cash users argue DAOs not capable of being subject to sanctions

Business

Jordan Atkins

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29 May, 2023

Tornado Cash users argue DAOs not capable of being subject to sanctions

Plaintiffs claimed that the description of Tornado Cash was inconsistent and that the sanctioned "property" slammed by the OFAC amounts...

Business

Jordan Atkins

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26 May, 2023

Coinbase says Gensler comments should defeat SEC arguments

Coinbase has again attacked the U.S. securities regulator for failing to respond to its petition, this time using SEC chair...

The New York state of mind is ‘more digital asset oversight’

Business

Steven Stradbrooke

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26 May, 2023

The New York state of mind is ‘more digital asset oversight’

The hearing by New York regulators examined the “transparency and security of the cryptocurrency industry and potential improvements as they...

Carnegie Mellon University receives $20M funding to establish AI institute

Tech

Wahid Pessarlay

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26 May, 2023

Carnegie Mellon University receives $20M funding to establish AI institute

The latest funding received by Carnegie Mellon University will be allocated for developing an AI institute geared toward promoting the...

Coinbase says SEC won’t let it register, Prometheum says ‘hold my beer’

Business

Steven Stradbrooke

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25 May, 2023

Coinbase says SEC won’t let it register, Prometheum says ‘hold my beer’

Coinbase accuses the SEC of simultaneously claiming that it hasn’t made up its mind on the exchange’s demands while SEC...

Business

Steven Stradbrooke

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24 May, 2023

Binance commingled customer cash, corporate revenue, Reuters says

In its latest report, Reuters claims that Binance violated U.S. financial rules regarding the strict church-state separation of customer funds...

Las Vegas man faces up to 100 years in jail for $45M digital currency fraud

Business

Wahid Pessarlay

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23 May, 2023

Las Vegas man faces up to 100 years in jail for $45M digital currency fraud

Prosecutors from the US Department of Justice disclosed that Las Vegas resident Bryan Lee promoted CoinDeal as an investment mechanism...

SEC agrees $35M settlement with fraudulent digital asset hedge fund EmpiresX

Business

James Field

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23 May, 2023

SEC agrees $35M settlement with fraudulent digital asset hedge fund EmpiresX

The nearly $35 million disgorgement was tied to the defendants' role in a Ponzi scheme that took an estimated $100...

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