Hester Peirce: US crypto laws can’t assume ‘everything is a financial asset’
Securities and Exchange Commissioner Hester Peirce discussed a possible United States crypto legal framework, giving a reminder that not all uses are financial.
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ALGO, FLOW rebound from all-time lows, others rebuff SEC securities label
The SEC’s tagging of cryptocurrencies as securities has greatly affected the crypto market causing Algorand and Flow to hit historic lows on June 10.
Crypto lobbyists still fighting to axe ‘unlawful’ Tornado Cash sanctions
The crypto industry advocacy group has placed its support behind Coin Center and its lawsuit against the U.S. Treasury over its Tornado Cash sanctions.
Breaking: Court victory for Ripple as judge denies SEC motion to seal Hinman docs
United States District Judge Analisa Torres made the order on May 16 in a win for Ripple.
SEC revises $22M punishment against LBRY, seeks $111K instead
The SEC originally wanted LBRY to pay millions of dollars in penalties, but now concedes the defunct firm can’t pay up that amount.
IRS, Chainalysis Helping Ukraine Track Russians Using Crypto to Evade Sanctions
The U.S. Internal Revenue Service (IRS) said it’s working closely with Ukraine to help it trace crypto transactions of Russian sanctions evaders. The agency is providing the Ukrainians access to…
Binance Reportedly Investigated in US for Russia Sanctions Violations
Cryptocurrency exchange Binance is facing a U.S. probe over suspected violations of sanctions against Russia, according to a media report. The inquiry is looking into whether the trading platform was…
Ukraine, US Shut Down 9 Cryptocurrency Exchanges
Supported by U.S. law enforcement, police in Ukraine have disrupted a network of crypto exchange services suspected of laundering criminal proceeds. The platforms were allegedly processing dirty money obtained from…
US GDP misses goal as Bitcoin price seeks to erase ‘ultra nasty’ 7% dip
A brisk slowdown in GDP fails to offer any direction for crypto markets, with Bitcoin slowly clawing back lost ground below $30,000.
Dollar Dominance Fading Amid Growing China Trade, Russia Sanctions Risks, Ray Dalio Says
Fewer nations are willing to hold the U.S. dollar as America’s share in the global economy becomes smaller while China’s role in international trade expands, billionaire Ray Dalio noted. The…
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