In a legal shift aimed at streamlining proceedings, a federal judge has approved Binance’s request to move a money laundering-related lawsuit from Washington to the Southern District of Florida. U.S. District Judge Barbara Rothstein made this decision on April 21, citing a similar case filed in Florida in June 2023 ...
Coinbase is raising a red flag over the state of the crypto market, warning that conditions may be slipping into bear territory. However, the U.S.-based exchange remains cautiously hopeful that a turnaround could begin between May and June, potentially setting the stage for a more bullish third quarter. In its ...
New York State Assemblyman Clyde Vanel has introduced Assembly Bill AA7716, which urges the State Board of Elections to explore blockchain technology to protect voters' data and ensure the integrity of election results. The proposed bill aims to assess how blockchain can improve transparency and security within the electoral process. ...
Bitcoin could be on the brink of a breakout as escalating tensions between the U.S. and China revive investor appetite for alternative assets. According to a recent analysis by Singapore-based blockchain firm Matrixport, Bitcoin could mirror its 2015 trajectory when the devaluation of China’s yuan initially led to a BTC ...
A prominent crypto attorney has taken legal action against the U.S. Department of Homeland Security (DHS), demanding the release of documents that could potentially unmask the elusive creator of Bitcoin. James Murphy, known online as "MetaLawMan," filed a Freedom of Information Act (FOIA) lawsuit on April 7, pressing the DHS ...
Federal agencies across the United States are preparing to report their cryptocurrency holdings to the Treasury Department following a new executive order signed by President Donald Trump on March 6. According to sources within the White House, the submission deadline is Monday, though the findings are not expected to be ...
Tether CEO Paolo Ardoino revealed that the company might explore launching a U.S.-specific stablecoin, contingent upon new regulations that could foster greater competition in the market. In an interview with the Financial Times, Ardoino shared that Tether is deeply involved in discussions regarding U.S. stablecoin regulations. He emphasized that the ...
Kentucky has officially ended its legal battle with Coinbase over the exchange’s staking services, making it the third U.S. state in recent months to roll back enforcement efforts. On March 31, the Kentucky Department of Financial Institutions filed a joint stipulation of dismissal, closing the case that accused Coinbase of ...
The U.S. Senate has voted to repeal a controversial IRS rule targeting decentralized finance (DeFi) platforms, bringing the measure closer to becoming law. The lawmakers passed the resolution with a 70-28 vote, overturning a regulation that sought to impose tax reporting requirements on DeFi businesses. The decision comes after a ...
Celebrity investor Kevin O’Leary, popularly known as Mr. Wonderful, has expressed optimism about the future of crypto under President Trump’s administration. In an interview with Fox News, the Shark Tank star emphasized that the crypto industry has moved beyond its “cowboy era” and entered a “new phase” characterized by increased ...
