Major U.S. banks are reportedly exploring a joint stablecoin venture to compete directly with the crypto industry’s growing dominance in …
Latest in U.S. Regulation
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U.S. Regulation
SafeMoon CEO Found Guilty of Crypto Fraud, Faces Up to 45 Years in Prison
by Terron Goldby Terron GoldA federal jury has convicted SafeMoon CEO Braden John Karony on three counts of fraud stemming from a crypto scheme that …
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U.S. Regulation
MicroStrategy, Led by Michael Saylor, Faces Class Action Over Multibillion-Dollar Bitcoin Investment Loss
by Terron Goldby Terron GoldA plaintiff named Anas Hamza has filed a Class Action lawsuit against Michael Saylor’s Strategy and its executives on May 16. According …
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U.S. Regulation
Senate Passes Stablecoin Bill ‘GENIUS Act’ for Amendment
by Terron Goldby Terron GoldThe U.S. Senate has voted 69–31 to advance the GENIUS Act, a significant step toward regulating stablecoins, cryptocurrencies pegged to …
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U.S. Regulation
Texas Bitcoin Bill Passes and Will Likely be Signed by Gov. Abbott, Says Advocate
by Terron Goldby Terron GoldTexas should soon become the third state to create a strategic Bitcoin reserve, according to Texas Blockchain Council’s founder and …
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U.S. Regulation
Senate Stablecoin Bill GENIUS Act Gains Support and Moves One Step Closer to Passing
by Terron Goldby Terron GoldAgainst all odds, the Senate’s stablecoin bill has regained political momentum, passing a key procedural vote Monday evening that has …
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U.S. Regulation
Court Denies SEC, Ripple Settlement Motion After Finding Procedural Misstep
by Terron Goldby Terron GoldUS District Judge Analisa Torres denied a joint motion filed by the Securities and Exchange Commission (SEC) and Ripple for a proposed …
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U.S. Regulation
Stablecoin Legislation Is Moving in the Senate Again as Lawmakers Negotiate New Draft
by Terron Goldby Terron GoldAmidst the nail-biter, week-long drama over whether the Senate’s GENIUS Act is really dead or not, progress appears to have been …
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U.S. Regulation
Wyoming Stable Token Commission Taps Inca Digital For State-Backed WYST Stablecoin Money-Laundering surveillance
by Terron Goldby Terron GoldThe Wyoming Stable Token Commission has partnered with analytics provider Inca Digital on its forthcoming state-backed Wyoming Stable Token (WYST), …
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Alex Mashinsky, the founder and former CEO of Celsius Network, has been sentenced to 12 years in prison for defrauding …
