Bakkt launches first U.S.-regulated BTC options and cash-settled futures, while CEO is set to become a senator. What does it mean for crypto?
USA News
The United States of America, or the USA, is a federal republic in North America composed of 50 states with a republican form of government. In terms of population, it is the third largest country in the world, as of 2018. Besides that, the USA has a highly developed economy that is the largest in terms of nominal GDP and the second-largest by purchasing power parity. Due to all of this, cryptocurrency in USA is highly popular since its markets have a lot of possibilities for developing any related ideas and conducting cryptocurrency business. Bitcoin usage by country is increasing as the largest American companies such as Overstock, Subway, Microsoft, etc., have started accepting payment in digital currency. The USA’s cryptocurrency legislation is still being established, nevertheless, there are already regulations about the taxing of virtual transactions.
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by Joeri Cant
Anthem, the second-largest health insurance company in the U.S., plans to use blockchain technology to secure medical data for its 40 million members.
- News
by Joeri Cant
Shopin Founder and CEO Eran Eyal allegedly spent $500,000 of investor funds on personal expenses.
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FinCEN’s director says the crypto industry has embraced the agency’s reporting guidelines and are internalizing it into their own reporting and operations.
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New Jersey authorities announce the arrest of three founders of alleged $722 million crypto Ponzi scheme BitClub Network.
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Accounting advisor CPA.com and cryptocurrency accounting automation startup Lukka partnered to jointly launch a crypto asset tax preparation solution.
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HBUS, the operator of United States-based crypto exchange Huobi.com, is ceasing its operations.
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Ripple has filed a motion to dismiss a class-action lawsuit alleging that it held an unregistered securities offering of XRP tokens.
- News
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San Francisco-based cryptocurrency exchange Kraken is adding support for its latest fiat asset, the Swiss franc.
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