For months, Senators Kirsten Gillibrand and Cynthia Lummis had hinted that they were preparing legislation to establish guardrails for stablecoin issuers and users.
United States News
The United States has maintained the highest gross domestic product in the world since 1871, making it a critical player in the evolution of commerce, finance and technology. The U.S. has been home to some of the most successful, long-standing crypto exchanges and other businesses in the industry.
Over 10 years later, the role of Bitcoin (BTC) in the U.S.’s evolution into digital finance and commerce is still unclear, as U.S. cryptocurrency regulation is still inconsistent, hazy or, at best, done in a patchwork fashion across the 50 states and other territories.
Stay tuned as Cointelegraph covers all the important updates and stories regarding the regulation, maturation and evolution of the crypto space.
- 4156
As the U.S. dollar strengthens, Bitcoin’s price has declined leading up to its April 20 halving and the Fed’s expected rate cut pause in May.
11068Over 2,000 United States ETFs see no inflows on any given day — something that’s “very normal,” says ETF analyst James Seyffart.
5600The Securities & Exchange Commission has chosen Uniswap — rather than a fraudulent actor — as its latest target. The commission is facing stiff odds of success.
2046A bill in the House of Representatives aimed at providing guardrails for stablecoins has not moved forward since July 2023.
2574Iraq is looking to reduce both pollution and its dependence on fossil fuels.
1658Bitcoin Depot says its revenues are independent of Bitcoin’s volatility as the firm maintains a “relatively low balance” of BTC.
2510The iShares Bitcoin Trust (IBIT) has seen two-day inflows reach $184.5 million — and is also the only U.S. spot Bitcoin ETF to see inflows so far this week.
23217Former FTX CEO Sam Bankman-Fried received a 25-year sentence after his conviction on seven felony counts, and many are speculating on what that could mean for Changpeng Zhao.
32570Did you know it's possible for expats to mostly get out of paying U.S. taxes? We spoke with four tax professionals to get this and other tax-day tips.
1620The new ETFs are reportedly from Harvest Global Investments, China Asset Management and a partnership between HashKey and Bosera Asset Management.
5411Crypto executives from Ripple, Gemini and Kraken were top bankrollers of John Deaton’s Senate campaign last quarter.
15868Celisa Morin, the lead of Reed Smith’s on-chain crypto group and a former executive at Grayscale, says traditional financial institutions will likely follow BlackRock’s lead in using public blockchains.
4108Crypto exchange Coinbase argued that a question of law is controlling if its resolution could “significantly affect the conduct of the action.”
4008China holds an alarming amount of power over Bitcoin miners in the United States. Congress should act to scale back the country's influence.
24103