The US Commodity Futures Trading Commissionhas stepped up efforts to protect customers by cracking down violations of existing cryptocurrency trading laws, from money laundering to fraud and market manipulation. Consumers must be adequately informed and protected against illegal activity in this space.
The Bitcoin market cap is set to reach a staggering $15 trillion in the United States, according to Anthony Scaramucci, the founder of SkyBridge Capital. Scaramucci, who is a former White House Communications Director, made […]
As Chinese-owned Bitcoin mining operations open around the US, concerns over national security have been raised. With the potential for hackings and surveillance, the question of who holds the real power in the virtual currency is uncertain.
Yesterday marked a historic milestone in U.S. government debt, with total debt increasing by a shocking $275 billion in one day. This rapid rise is cause for concern, as it represents a record-breaking level of debt accumulation on a single day.
The US House Committee on Financial Services has threatened to subpoena the Securities and Exchange Commission (SEC) if it fails to provide documents regarding the FTX crypto-trading platform.
As fears of worldwide economic recession continue to grow, investors are fleeing to the safety of bonds, pushing cryptocurrency outflows to an all-time high in Europe and the United States. Last week, outflows of $9 million were registered by CoinShares and sentiment appears to be highly polarized.
The Bitcoin mining sector in the United States is taking a new direction, as more than half of all miners have signed up with a policy group that aims to create policies that influence Bitcoin regulation.
As its US expansion plans continue, Binance has announced the resignation of its US executive, Brian Brooks. In a statement, CEO Changpeng Zhao praised Brooks’ work and expressed his commitment to the firm’s US development.
Franklin Templeton, one of the world’s largest asset managers, has initiated proceedings to launch a US-listed Bitcoin ETF. This comes as institutional demand for Bitcoin continues to surge.