White House to build international standards for DLT
The White House national strategy listed eight emerging technologies, focusing on building international standards and finding use cases in the economic sector.
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Consensus 2023: Businesses show interest in Web3, despite US regulatory challenges
Despite negative sentiment toward crypto adoption in the United States, Consensus 2023 attracted thousands of attendees to discuss the potential of blockchain technology and cryptocurrency.
Robinhood returns to court to defend position in case brought by US state regulator
The Massachusetts secretary of the commonwealth's office filed a complaint against Robinhood in December 2020 alleging the platform was in violation of the state’s fiduciary duty standards.
US lawmakers introduce bipartisan bill proposing ban on members investing in ‘financial instruments’
Representatives Alexandria Ocasio-Cortez and Matt Gaetz — lawmakers diametrically opposed on a variety of issues — joined forces to stop congressional members from trading stocks.
SEC crackdown on crypto staking in the US could boost decentralization
Recent regulatory actions have crypto staking providers in the United States on edge.
ARK Invest spends Int’l Workers’ Day by buying $8M in Coinbase shares
Despite Coinbase shares tumbling amid its legal battle with the U.S. SEC, Cathie Wood is still bullish on the crypto exchange.
Poloniex will pay $7.6M settlement to US authorities for ‘apparent violations’ of sanctions
OFAC said Poloniex allowed users in Crimea, Cuba, Iran, Sudan, and Syria to conduct digital asset trades, deposits, and withdrawals between January 2014 and November 2019.
On the shutdown of Bittrex in the US and SEC actions — Bittrex Global CEO at Consensus 2023
Oliver Linch suggested jurisdictions with established frameworks for crypto and policymakers willing and able to use them were a potential winning combination for fledging firms.
What the Gensler hearing means for US crypto regulation and policy
Gensler was reluctant to go into details and faced symbolical pressure rather than genuine attempts to interrogate, leaving the crypto industry without any new clarity.
FDIC pins Signature Bank’s failure on poor governance and illiquidity
FDIC blamed SBNY’s board of directors and management for pursuing “unrestrained growth” using uninsured deposits without implementing liquidity risk management strategies.
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