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United States

‘Regulate stablecoins or we will,’ FSOC tells US Congress
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22 December, 2021

‘Regulate stablecoins or we will,’ FSOC tells US Congress

The Financial Stability Oversight Council’s 2021 report points out that digital assets and the associated distributed ledger technology present the...
It’s not just ‘Bitcoin’: Dorsey’s Block also targeted by H&R Block over company name
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20 December, 2021

It’s not just ‘Bitcoin’: Dorsey’s Block also targeted by H&R Block over company name

Block, if it's allowed to keep that name, could soon find itself competing in court over the name "Bitcoin," which...
IRS updates digital currency question in 1040 tax form
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16 December, 2021

IRS updates digital currency question in 1040 tax form

The tax agency posted its 1040 form last year to ask about virtual assets; however, a query led to confusion...
Tether gets sued again, claims latest suit is ‘nonsense’
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14 December, 2021

Tether gets sued again, claims latest suit is ‘nonsense’

A pair of disgruntled users has filed a fraud claim in the Southern District of New York against Tether Holdings...
US man pleads guilty to operating $4M unregistered digital currency business linked to criminal activities
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13 December, 2021

US man pleads guilty to operating $4M unregistered digital currency business linked to criminal activities

Brannen Mehaffey processed about $4 million in digital currencies without registering with the U.S. authorities, some of which were tied...
Digital currency executives testify in Congress as US lawmakers mull industry oversight
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10 December, 2021

Digital currency executives testify in Congress as US lawmakers mull industry oversight

When the hearing came to an end, it was clear that lawmakers have a positive outlook on the digital asset...
Another BTC ETF denied by US securities regulator over ‘manipulation’ concerns
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8 December, 2021

Another BTC ETF denied by US securities regulator over ‘manipulation’ concerns

The U.S. Securities and Exchange Commission has rejected Cboe BZX’s application for a rule change, and also cited security concerns...
Sam Bankman-Fried summoned to Congress
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7 December, 2021

Sam Bankman-Fried summoned to Congress

Sam Bankman-Fried, the CEO and Founder of FTX exchange, will testify in front of the House Financial Services Committee on...
Digital currency firms join SEC’s PAUSE list of companies using bogus info to lure investors
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7 December, 2021

Digital currency firms join SEC’s PAUSE list of companies using bogus info to lure investors

The U.S. securities regulator has updated its PAUSE list which includes firms that’ve been misleading investors with false statements, and...
Coin Signals man pleads guilty to $5M BTC Ponzi scheme, faces 10 years in prison
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6 December, 2021

Coin Signals man pleads guilty to $5M BTC Ponzi scheme, faces 10 years in prison

Jeremy Spence, 25, posed as a successful trader, lured investors and made off with over $5 million, according to the...
US regulator charges Latvian man involved in $7M ICO scams
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4 December, 2021

US regulator charges Latvian man involved in $7M ICO scams

Ivar Auzins allegedly defrauded hundreds of investors and took off with at least $7 million through two unregistered digital asset...
The CoinGeek Pulse Episode 68: Kleiman v Wright verdict, Block head Jack Dorsey quits Twitter, global regulatory updates
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3 December, 2021

The CoinGeek Pulse Episode 68: Kleiman v Wright verdict, Block head Jack Dorsey quits Twitter, global regulatory updates

The Bitcoin trial of the century—Kleiman v Wright—continues with no verdict in sight. Judge Beth Bloom issued an Allen charge...