United States News

Data shows that ARK 21Shares Bitcoin exchange-traded fund (ETF), also known as ARKB, recorded the highest amount of inflows after reaching a crucial level. According to data provided by Farside Investors, the US Bitcoin (BTC) ETFs registered $100.5 million in…

Elements of the Payment Stablecoin Act have the potential to be beneficial for American consumers — but critics claim other parts are “unconstitutional.” Republican Cynthia Lummis and Democrat Kirsten Gillibrand have become something of a bipartisan, pro-crypto double act in…

Two U.S. lawmakers have proposed a bill that clarifies the taxation framework for cryptocurrency staking rewards. Bipartisan lawmakers Reps. Wiley Nickel, D-N.C., and Drew Ferguson, R-Ga, introduced the Providing Tax Clarity for Digital Assets Act on May 1 to clarify…

On April 30, Judge Richard Jones sentenced Zhao to four months in prison, going against the U.S. Department of Justice (DOJ)’s recommendation for a three-year jail sentence.  London-based financial services lawyer Rabya Anwar told crypto.news that the stories of Zhao…

U.S. senators Elizabeth Warren and Bill Cassidy have urged the Department of Justice (DOJ) and Department of Homeland Security (DHS) to double down on their efforts to combat crypto use in the market for child sex abuse material (CSAM). In…

Uniswap‘s token UNI has dropped 17% following a lawsuit notice from US regulators sinking to $9.27, its lowest since late February. The latest decline coincided with the exchange receiving an official investigation Wells notice from the SEC. The market cap…

Senator Kirsten Gillibrand revealed ongoing discussions about forthcoming stablecoin regulation

Steven Nerayoff, a former adviser to Ethereum, has initiated a lawsuit against the U.S. government, seeking $9.6 billion.

If this article makes you realize you forgot to report your crypto gains in past years, consider amending it to fix it. Don’t wait for the IRS to find you.

Tron Foundation, the organization behind the Layer 1 blockchain network Tron, has asked the United States Securities and Exchange Commission (SEC) to dismiss a securities lawsuit against the platform.  According to a March 28 dismissal motion, the Tron Foundation has…

Offshore exchange OKX has moved its U.S. compliance team to top priority within the organization.

A United States district court has sanctioned the Securities and Exchange Commission (SEC) for demonstrating “bad faith” in its legal actions against Debt Box, a company accused of operating a $50-million fraudulent cryptocurrency scheme. The court’s decision, articulated by Judge…

Crypto-focused PACs, backed by the industry’s giants, are making waves in Senate campaigns to elect crypto-friendly leaders. Crypto-focused political action committees (PACs) like Fairshake are rising, with significant financial contributions to Senate races. Backed by prominent figures in the cryptocurrency…

United States President Joe Biden has put forward a proposal in his next year’s budget to impose a 30% tax on the electricity consumption of cryptocurrency mining operations. The proposal is part of the “Fiscal Year 2025 Revenue Proposals,” aiming…

BlackRock, a global leader in asset management, is in the process of seeking regulatory approval to incorporate spot Bitcoin exchange-traded funds (ETFs) into its Global Allocation Fund, known as MALOX. The firm updated its filing with the United States Securities…

The Montenegro Court of Appeals has ruled against fugitive Do Kwon's extradition to the United States to face fraud charges.