United States

US Congress remains legislatively paralyzed on crypto bills without a House speaker

Congress, Government, law, regulation, United States /

US Congress remains legislatively paralyzed on crypto bills without a House speaker 23/10/2023 at 21:02 By Cointelegraph By Turner Wright Pieces of legislation aimed at establishing clarity on certain crypto policies are unable to move forward with half of the legislative branch of the U.S. government lacking leadership. This article is an excerpt from Cointelegraph.com […]

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US official confirms military concerns over China’s access to cloud technology

China, Cloud Services, Sanctions, United States /

US official confirms military concerns over China’s access to cloud technology 23/10/2023 at 20:03 By Cointelegraph By Tristan Greene The confirmation comes as tensions between the United States and China continue to rise. This article is an excerpt from Cointelegraph.com News View Original Source

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FinCEN issues alert regarding crypto transactions connected to Hamas

Bitcoin Wallet, fincen, Israel, regulation, terrorism, United States /

FinCEN issues alert regarding crypto transactions connected to Hamas 20/10/2023 at 23:02 By Cointelegraph By Turner Wright The government department warned virtual asset service providers and other financial institutions to “identify and report suspicious transactions” related to terrorist groups. This article is an excerpt from Cointelegraph.com News View Original Source

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Advocacy groups push back against Sen. Warren linking crypto with terrorism

Cryptocurrencies, law, money laundering, regulation, terrorism, United States /

Advocacy groups push back against Sen. Warren linking crypto with terrorism 19/10/2023 at 20:02 By Cointelegraph By Turner Wright The Blockchain Association and Crypto Council for Innovation said the terrorist group Hamas had reportedly curtailed using Bitcoin as authorities could more easily track funds. This article is an excerpt from Cointelegraph.com News View Original Source

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IRS crypto tax reporting rules threat to industry — Coinbase legal chief

Cryptocurrencies, IRS, Taxes, United States /

IRS crypto tax reporting rules threat to industry — Coinbase legal chief 19/10/2023 at 12:02 By Cointelegraph By Prashant Jha The IRS proposed the new crypto tax reporting rules in August, and if approved, the new crypto tax regime will come into effect from January 2026. This article is an excerpt from Cointelegraph.com News View

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US Treasury sanctions Gaza-based crypto operator allegedly tied to Hamas

Israel, regulation, Sanctions, terrorism, United States /

US Treasury sanctions Gaza-based crypto operator allegedly tied to Hamas 18/10/2023 at 20:03 By Cointelegraph By Turner Wright According to the U.S. Treasury, terrorist groups including Hamas, ISIS, and an al-Qaeda affiliate used the Buy Cash Money and Money Transfer Company to transfer funds. This article is an excerpt from Cointelegraph.com News View Original Source

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UK to target potential AI threats at planned November summit

China, European Union, Technology, United Kingdom, United States /

UK to target potential AI threats at planned November summit 18/10/2023 at 12:06 By Cointelegraph By Amaka Nwaokocha The summit scheduled for Nov. 1-2 will place significant emphasis on the potential existential threat that AI represents, a concern shared by several legislators. This article is an excerpt from Cointelegraph.com News View Original Source

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Pro-crypto lawmaker stays interim US House Speaker as frontrunner loses first round of voting

Congress, law, politics, regulation, United States /

Pro-crypto lawmaker stays interim US House Speaker as frontrunner loses first round of voting 18/10/2023 at 01:02 By Cointelegraph By Turner Wright Ohio Representative Jim Jordan, the Republican Party’s nominee for Speaker, won the support of 200 of his colleagues in an Oct. 17 vote — below the 217 needed to hold the position. This

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Federal judge gives Genesis 5 days to comply with Terraform Labs subpoena

court, law, regulation, SEC, terra, United States /

Federal judge gives Genesis 5 days to comply with Terraform Labs subpoena 16/10/2023 at 23:03 By Cointelegraph By Turner Wright The order was unclear as to the nature of the documents under subpoena, but stated Genesis had failed to provide the information by Oct. 9. This article is an excerpt from Cointelegraph.com News View Original

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SEC chair Gary Gensler warns impending AI-wrought financial crisis ‘nearly unavoidable’

gary gensler, SEC, United States /

SEC chair Gary Gensler warns impending AI-wrought financial crisis ‘nearly unavoidable’ 16/10/2023 at 22:04 By Cointelegraph By Tristan Greene Gensler reportedly fears big tech’s stranglehold on AI technologies homogenizing the financial market. This article is an excerpt from Cointelegraph.com News View Original Source

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Canon’s new technology competes with ASML in chip manufacturing

China, trading, United States /

Canon’s new technology competes with ASML in chip manufacturing 15/10/2023 at 17:02 By Cointelegraph By Amaka Nwaokocha The new system, FPA-1200NZ2C, can produce semiconductors matching a 5nm process and scale down to 2nm, surpassing the capabilities of the A17 Pro chip found in Apple’s iPhone 15 Pro and Pro Max. This article is an excerpt

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US authorities monitor China-linked Bitcoin miners amid national security concerns: Report

Bitcoin Mining, Business, China, security, United States /

US authorities monitor China-linked Bitcoin miners amid national security concerns: Report 14/10/2023 at 01:02 By Cointelegraph By Turner Wright A crypto mining operation near a Microsoft facility that supported the Pentagon was reportedly under scrutiny by U.S. officials. This article is an excerpt from Cointelegraph.com News View Original Source

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House committee chairman threatens SEC chair with subpoena, but not over crypto

Congress, gary gensler, legislation, SEC, United States /

House committee chairman threatens SEC chair with subpoena, but not over crypto 13/10/2023 at 01:02 By Cointelegraph By Derek Andersen U.S. House Oversight and Accountability Committee chair James Comer thinks Genlser is stonewalling him. Crypto supporters know the feeling. This article is an excerpt from Cointelegraph.com News View Original Source

House committee chairman threatens SEC chair with subpoena, but not over crypto Read More »

US lawmakers urge IRS to implement crypto tax reporting requirements before 2026

Cryptocurrencies, IRS, regulation, Taxes, United States /

US lawmakers urge IRS to implement crypto tax reporting requirements before 2026 12/10/2023 at 01:03 By Cointelegraph By Turner Wright The crypto tax reporting requirements proposed by the IRS in August are currently scheduled to go into effect in 2026 — according to 7 senators, that isn’t soon enough. This article is an excerpt from

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Crypto advocates weigh on race for next US House Speaker

Congress, policies, politics, regulation, United States /

Crypto advocates weigh on race for next US House Speaker 11/10/2023 at 00:03 By Cointelegraph By Turner Wright Lawmakers are scheduled to return to the House of Representatives on Oct. 11 to vote on a replacement for Speaker Kevin McCarthy, whose position has been vacant for a week. This article is an excerpt from Cointelegraph.com

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Pro-crypto RFK Jr. leaves Democrats to campaign for U.S. president as independent

Bitcoin Regulation, Cryptocurrencies, elections, United States /

Pro-crypto RFK Jr. leaves Democrats to campaign for U.S. president as independent 10/10/2023 at 01:04 By Cointelegraph By Derek Andersen Robert F. Kennedy Jr. is starting his presidential candidacy as an independent with a strong showing of 19%, according to the super PAC supporting him. That’s far behind Biden and Trump. This article is an

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Crypto investment products see largest inflows since July: CoinShares

coinshares, Europe, Solana, United States /

Crypto investment products see largest inflows since July: CoinShares 09/10/2023 at 15:02 By Cointelegraph By Helen Partz Cryptocurrency investment products saw inflows for the second consecutive week, totaling $78 million, according to CoinShares. This article is an excerpt from Cointelegraph.com News View Original Source

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House Republicans urge tighter export controls on advanced chips

law, Technology, United States /

House Republicans urge tighter export controls on advanced chips 07/10/2023 at 13:02 By Cointelegraph By Amaka Nwaokocha The letter follows the unveiling of Huawei Technologies’ Mate 60 Pro smartphone, which incorporated advanced chips manufactured by China’s Semiconductor Manufacturing International Corporation. This article is an excerpt from Cointelegraph.com News View Original Source

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Sam Bankman-Fried goes on trial: A week in review

bankruptcy, Government, law, Sam Bankman-Fried, United States /

Sam Bankman-Fried goes on trial: A week in review 07/10/2023 at 04:02 By Cointelegraph By Ana Paula Pereira The trial of former FTX CEO Sam Bankman-Fried started on October 3. Four witnesses explained to jurors how $8 billion in funds from customers went missing. This article is an excerpt from Cointelegraph.com News View Original Source

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CFTC weighs enforcement action against former Voyager Digital CEO: Report

CFTC, Cryptocurrency Exchange, regulation, United States, voyager digital /

CFTC weighs enforcement action against former Voyager Digital CEO: Report 06/10/2023 at 19:03 By Cointelegraph By Turner Wright Following the lending firm’s bankruptcy filing in July 2022, U.S. officials were reportedly considering taking action against Stephen Ehrlich for violating derivatives regulations This article is an excerpt from Cointelegraph.com News View Original Source

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