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United States

Federal insurance doesn’t cover digital asset companies, FDIC clarifies
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3 August, 2022

Federal insurance doesn’t cover digital asset companies, FDIC clarifies

FDIC insurance doesn’t protect against insolvency, default, or bankruptcy of any non-bank entity such as digital asset exchanges, custodians, or...
UK gov’t accused of abandoning national detained in Saudi over North Korea digital currency conference links
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3 August, 2022

UK gov’t accused of abandoning national detained in Saudi over North Korea digital currency conference links

The U.K. national is detained in Saudi under the request of the U.S. government after they were identified as having...
SEC calls Forsage a ‘fraudulent crypto pyramid and Ponzi scheme’
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2 August, 2022

SEC calls Forsage a ‘fraudulent crypto pyramid and Ponzi scheme’

U.S. securities regulators have charged 11 individuals for creating and promoting the “fraudulent crypto pyramid and Ponzi scheme” that is...
SEC Chief Gary Gensler: Digital currencies should be regulated like stock market
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1 August, 2022

SEC Chief Gary Gensler: Digital currencies should be regulated like stock market

US SEC Chair Gary Gensler called for digital currency exchanges and lending platforms to offer the same consumer protections as...
US tech bill to create blockchain advisor role for Biden administration
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1 August, 2022

US tech bill to create blockchain advisor role for Biden administration

The new role will operate under the Office of Science and Technology Policy and has been hailed by industry leaders...
Meta’s profit slides due to big bet on proprietary metaverse
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29 July, 2022

Meta’s profit slides due to big bet on proprietary metaverse

Meta, formerly Facebook, reported its first ever revenue decline in Q2, while profits tumbled by more than one-third as its...
Kraken under US investigation over allegedly violating Iran sanctions
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29 July, 2022

Kraken under US investigation over allegedly violating Iran sanctions

U.S. authorities are reportedly investigating Kraken due to suspicions that the controversial digital currency exchange has violated economic sanctions against...
New US Virtual Currencies Tax Fairness Act would help Bitcoin as electronic cash
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28 July, 2022

New US Virtual Currencies Tax Fairness Act would help Bitcoin as electronic cash

The Virtual Currencies Tax Fairness Act would exempt transactions of less than $50 and allow Bitcoin to be used for...
California allows accepting digital currency donations for political campaign
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28 July, 2022

California allows accepting digital currency donations for political campaign

Back in 2018, digital currency donations were banned by California and nine other states due to their potential to flout...
My Big Coin founder convicted over digital assets fraud
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26 July, 2022

My Big Coin founder convicted over digital assets fraud

Randall Crater was found guilty of four counts of wire fraud, three counts of unlawful monetary transactions, and one count...
SEC is reportedly investigating Coinbase over unregistered securities
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26 July, 2022

SEC is reportedly investigating Coinbase over unregistered securities

The news comes days after U.S. Attorneys in the Southern District of New York announced charges on former Coinbase product...
US securities regulator moves to bar XRP holders from helping Ripple in court
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25 July, 2022

US securities regulator moves to bar XRP holders from helping Ripple in court

The securities watchdog also wants to bar attorney John Deaton from aiding Ripple, claiming the intervention would unduly delay or...