United States
U.S. States Push Forward Bitcoin Reserve Laws as Abu Dhabi Announces $460M+ Investment in Bitcoin ETFs.
A reserve for Bitcoin (BTC) has gained popularity in the US, and 20 states are pursuing legislation to create one for the most popular cryptocurrency. This comes after BlackRock’s iShares…
U.S Federal Reserve Takes Initial Steps to Make Cross-Border Payments Faster and Secure.
The U.S Federal Reserve is working on Project Cedar to make cross-border payments faster and more secure. It is developing a framework for a potential wholesale central bank digital currency…
U.S Banks With NYIC Launch ‘Regulated Liability Network.
Members of the U.S banking and payments community in collaboration with the New York Innovation Center (NYIC) have launched the “Regulated Liability Network” (RLN), a proof-of-concept digital money platform. The…
US’s SEC Finds Anomalies in CryptoFed DAO’s 2021 Registration.
The American CryptoFed DAO seems to have caught itself in a nasty net and risks losing its registration. The US Securities and Exchange Commission has found some anomalies in the…
U.S. Giant Banks Launch Digital Dollar Blockchain.
In the month of September, the US Treasury Department advocated for issuing the digital dollar. According to Reuters reports, The Regulated Liability Network, a proof-of-concept digital currency network, was launched…
Tornado Cash Sanctions by the U.S. Treasury Have a New Facet.
Tornado Cash is a troubled cryptocurrency mixer whose issues keep getting worse. New penalties from the US Treasury emphasize its contribution to North Korea’s nuclear weapons program. On November 8,…
US: California to Look into the ‘Apparent Failure’ of FTX.
The state of California through the Department of Financial Protection and Innovation (DFPI) will open an investigation to look into FTX’s apparent failure. The DFPI, as per the statement, is…
US Chamber of Commerce Supports Grayscale Investments’ suing SEC.
The US Chamber of Commerce is backing Grayscale Investments’ lawsuit against the Securities and Exchange Commission (SEC). The lobbying group claims the SEC unfairly disapproved the proposed conversion of GBTC…
Good Chance of U.S Recession: Goldman Sachs CEO.
David Solomon, the CEO of Goldman Sachs, believes there is a good chance of a recession in the United States. He said the environment heading into 2023 is one that…
US Comptroller Concerned about Regulators Spending Too Much Time on Crypto.
Michael Hsu, the United States Acting Comptroller of the Currency (OCC), believes regulators are spending too much time on crypto and leaving behind more pressing issues like banking and technology.…
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