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  • [ June 25, 2022 ] Crypto Miners Pose Risk to Lenders as ‘Crypto Winter’ Continues to Strain Business Market Analysis
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U.S. Department of Labor Faces Pushback Over 401(k) Bitcoin Plans
Politics

U.S. Department of Labor Faces Scrutiny on Bitcoin 401(k) Plans

June 19, 2022 0

The U.S. Department of Labor is receiving pushback from an industry initiative, requesting it rescind its previous guidance on including crypto in 401(k) plans. The Crypto Council for Innovation (CCI) comes with support from Coinbase […]

Latest Limitations Won’t Allow FED Officials to Trade Crypto, Stocks, or Bonds
Politics

$60B Wiped off Crypto Market as Bitcoin, Ethereum Tumble to New Lows

June 19, 2022 0

In the early trading hours of June 18, the two flagship digital assets, Bitcoin and Ethereum, crashed by over 8%, respectively, pushing their price below the dreaded $20k and $1k level. This massive decline has […]

Politics

Bank of Israel, Hong Kong Monetary Authority to Test CBDC

June 17, 2022 0

The Bank of Israel is collaborating with the Hong Kong Monetary Authority in a trial for a new central bank digital currency. The joint CBDC project will utilize a two-tiered system, once it begins in […]

U.S. Treasury Sanctions 3 More ETH Addresses; Allegedly Linked to North Korea
Politics

U.S. Treasury Department on Track to Regulate Unhosted Wallets

June 13, 2022 0

The U.S. Treasury Department is progressing toward addressing the anonymity of unhosted crypto wallets as part of Joe Biden’s wider strategy to tackle illicit finance involving digital assets. Following two rules proposed by the Financial […]

SEC Begins Probe Into Terraform Labs; Appeals Court Requires Do Kwon to Comply With Subpoena
Politics

U.S. Court of Appeals Rules Terraform Labs Must Comply with SEC

June 13, 2022 0

On Thursday, the U.S. Court of Appeals for the Second Circuit ruled that Terraform Labs CEO Do Kwon must comply with a subpoena served by the SEC back in September. The SEC is reportedly investigating […]

Coin Center Sues U.S. Treasury and IRS Over ‘Unconstitutional’ Tax Reporting Rule
Politics

Coin Center Sues U.S. Treasury for Unconstitional Amendment to Tax Bill

June 12, 2022 0

Blockchain advocacy group Coin Center filed a lawsuit on Friday against the U.S. Treasury Department and the IRS for allegedly drafting an unlawful amendment to the controversial infrastructure bill. The lawsuit against the Treasury Department […]

Politics

CFTC Commissioner Summer Mersinger Pushes for Agency’s Control

June 9, 2022 0

The Commodity Futures Trading Commission (CFTC) is pushing to become the primary regulator for the crypto industry, according to Commissioner Summer Mersinger who recently spoke at the Reuters Commodities Trading USA conference in Houston. Mersinger […]

North Carolina Rep. Madison Cawthorn Faces More Fire After Failing to Properly Disclose Up to $950,000 in Crypto Trades
Politics

Rep. Madison Cawthorn Fails to Report Up to $950,000 in Crypto Trades

June 9, 2022 0

A recent disclosure filed with the U.S. House of Representatives on Wednesday revealed that Rep. Madison Cawthorn (R-NC) failed to report between $290,000 and $950,000 in crypto trades within the 45-day federal law. Cawthorn reported […]

Federal Reserve Vice Chair Testifies in Support of CBDC, Says It Can ‘Coexist’ With Stablecoins
Politics

Federal Reserve Vice Chair Testifies to CBDC and Stablecoin Benefits

May 26, 2022 0

Federal Reserve Vice Chairwoman Lael Brainard testified before a House committee on Thursday on the benefits and risks of a CBDC, or central bank digital currency. Last month, the U.S. Senate confirmed Brainard to be […]

Politics

CFTC Charges Oregon and Illinois Resident in $44 Million Fraud

May 22, 2022 0

On Thursday, the Commodity Futures Trading Commission (CFTC) announced that it filed a civil enforcement action against an Oregon and Illinois resident, as well as a Florida company for fraudulently soliciting at least $44 million […]

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