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US
SEC Seeks to Slash $22M Fine on Crypto Firm LBRY to $111K
A U.S. judge ruled in November that the crypto startup had violated securities laws by selling its native LBC token without registering with the SEC.
U.S. Regulatory Crackdown Sees Institutional Investors Prefer Gold to Bitcoin: JPMorgan
This year’s 76% bitcoin rally appears to have been driven by retail buying, the report said.
U.S. Court Orders SEC to Respond to Coinbase Allegations Within 10 Days
Coinbase last week argued the SEC is providing insufficient regulatory guidance for U.S. companies operating in the crypto sector
North Carolina House Unanimously Votes to Ban Digital Dollar Payments to the State
The House of Representatives of the U.S. state voted 118-0 to pass an amended version of a bill that initially sought to ban crypto payments.
Coinbase to Stop Issuing New Loans Via Coinbase Borrow
May 10 is the final day customers will be allowed to take out new loans through the program.
Bitcoin Rises as Latest Teetering U.S. Bank Sends Traders to Crypto Haven
California-based PacWest Bancorp is weighing strategic options, according to Bloomberg.
Ex-OpenSea Exec Convicted of Wire Fraud, Money Laundering in Insider Trading Case
Nate Chastain made approximately $50,000 by buying and trading non-fungible tokens with insider knowledge gained from his position at OpenSea.
Crypto’s Macro Drivers – It’s Not Just About Bitcoin
The macro outlook and why it matters for bitcoin and other crypto assets. An analysis by Noelle Acheson, CoinDesk’s former head of research.
Federal Reserve Raises Fed Funds Rate by 25 Basis Points, Signals Possible Pause
This latest move comes as the U.S. central bank battles stubbornly high inflation while dealing with a string of high-profile bank failures.
White House Pushes for Punitive Tax on Crypto Mining
The Biden administration is campaigning for a tax first sought in a recent federal budget proposal, advocating that crypto miners pay an amount equal to 30% of their energy costs.
