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United States

Sweeping US ‘crypto’ bill elevates CFTC’s role in regulating digital assets
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8 June, 2022

Sweeping US ‘crypto’ bill elevates CFTC’s role in regulating digital assets

The Responsible Financial Innovation Act is designed to improve flexibility, innovation, transparency and consumer protections with regard to digital assets.
Judge takes dim view of SEC flip-flops in Ripple hearing
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8 June, 2022

Judge takes dim view of SEC flip-flops in Ripple hearing

The communications in question preceded Hinman’s June 2018 speech in which he declared that tokens based on networks that were...
New York State Senate passes ban on proof of work mining—here’s what to expect
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6 June, 2022

New York State Senate passes ban on proof of work mining—here’s what to expect

If signed into effect, the bill will place a two-year moratorium on any carbon-based proof-of-work mining operation that is looking...
New York Fed president urges central bankers to keep up with digital currency innovations
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6 June, 2022

New York Fed president urges central bankers to keep up with digital currency innovations

John William, president and CEO of the New York Federal Reserve Bank, said that despite the changing landscape of payments,...
Former OpenSea employee charged with insider trading
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3 June, 2022

Former OpenSea employee charged with insider trading

The U.S. Department of Justice announced that it is prosecuting a former employee of Ozone Networks, Inc (OpenSea) with wire...
CFTC targets Gemini exchange for lying about wash trades, market-maker loans
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3 June, 2022

CFTC targets Gemini exchange for lying about wash trades, market-maker loans

Gemini stands accused of lying to U.S. federal regulators about market-makers wash trading to artificially goose the digital currency exchange’s...
Louisiana passes bill studying issues on digital currency campaign donations
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2 June, 2022

Louisiana passes bill studying issues on digital currency campaign donations

The committee is to undertake the study and make its recommendations to the House Committee on House and Governmental Affairs...
US senators propose to bar apps supporting digital yuan payments from app stores
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31 May, 2022

US senators propose to bar apps supporting digital yuan payments from app stores

U.S. senators have proposed a bill that will prohibit application stores like Google and Apple from hosting apps supporting digital...
Twitter agrees to $150M settlement with DOJ and FTC over privacy breach
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30 May, 2022

Twitter agrees to $150M settlement with DOJ and FTC over privacy breach

The U.S. federal agencies alleged that the popular social media platform violated the FTC Act by deceiving users about the...
CFPB establishes new unit to promote fairness in financial services industry
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30 May, 2022

CFPB establishes new unit to promote fairness in financial services industry

The Office of Competition and Innovation, as the new unit is called in the CFPB announcement, will be tasked with...
CFTC charges 2 men operating $44M digital currency Ponzi scheme
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27 May, 2022

CFTC charges 2 men operating $44M digital currency Ponzi scheme

The commission has charged two U.S. residents and their company in connection with an alleged digital currency Ponzi scheme that...
Department of Commerce seeks public input on digital currency regulations
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23 May, 2022

Department of Commerce seeks public input on digital currency regulations

The U.S. department is to publish 17 questions as it seeks input from the public on block reward mining, obstacles...