United States News

Following the $4.3 billion fine by the U.S. Department of Justice (DoJ), Binance’s outflow has surpassed the $1 billion mark over the past week. According to data provided by DeFi Llama, Binance witnessed a negative net outflow of $1.2 billion…

Binance trading volume down by over 60% amid U.S. DOJ's $4b fine

The co-founders of Opyn stepped down as their defi options protocol faced charges from the Commodity Futures Trading Commission (CFTC) in September. CEO Zubin Koticha revealed today in an X post that he and co-founder Alexis Gauba have chosen to…

On Nov. 15, the U.S. House Financial Services Committee will scrutinize cryptocurrency’s role in illicit activities, focusing on money laundering and terrorism funding. The U.S. House of Representatives Financial Services Committee (FSC) is holding a big meeting on Nov. 15…

U.S. Representatives Zach Nunn and Abigail Spanberger have introduced the CLARITY Act of 2023, a bill aimed at prohibiting federal officials from transacting with Chinese blockchain companies to safeguard national security interests.

The Office of the Maine State Treasurer issued a program evaluation report in November with the intention to prioritize the management of abandoned cryptocurrency accounts. 

Coinbase has added four Washington, D.C., heavyweights to examine what ‘consequences will result from regulatory uncertainty.’ Crypto exchange Coinbase has included four national security experts in its Global Advisory Council as regulatory uncertainty in the U.S. looms. According to the…

During a recent speech, deputy Treasury secretary Wally Adeyemo urged Congress to support the Biden administration’s efforts to tackle the illicit use of crypto. Adeyemo’s latest call to action comes in the wake of concerns that militant groups like Hamas…

Stablecoin issuer Circle Internet Financial is considering going public, although no final decision has been made yet. USDC issuer Circle Internet Financial Ltd. is weighing an IPO in 2024, three years after the firm announced its plans to go public…

Winklevoss’ Gemini is losing its second executive this year as the firm struggles to expand in the Asia-Pacific region amid legal battles in the U.S. Gemini’s Chief Technology Officer Pravjit Tiwana is leaving the firm after he joined in early…

U.S. legislator has proposed reducing the annual salary of Securities and Exchange Commission chair Gary Gensler to a mere one dollar. Representative Tim Burchett has put forth an amendment to the Financial Services and General Government (FSGG) bill, proposing to…

U.S. attorney warns fraudsters that they are not untouchable, following Sam Bankman-Fried's conviction in the old FTX fraud case

The U.S. government has filed a civil forfeiture action to recover $54 million worth of Ethereum (ETH) previously seized from Christopher Castelluzzo

Seattle-based cryptocurrency exchange Bittrex has received court approval to proceed with its revised bankruptcy plan, aimed at winding down its operations in the United States. On Sep. 30, Judge Brendan Shannon approved the company’s liquidation plan during a hearing in…

New research by Coinbase shows only a tiny percent of U.S. citizens still believe the American Dream is achievable in the current financial environment. Less than 10% of Americans are happy with the nation’s financial system as younger generations become…