US

Policy

U.S. Crypto Lobbying on Course for Record Spend This Year

Crypto companies spent almost $19 million on lobbying by the end of the third quarter compared with $16 million in the same period last year.

By Jamie Crawley

Dec 5, 2023 at 12:26 p.m. UTC

Dec 5, 2023

USlobbyingPolitics

Policy

Regulations

Miami Crew Leader Sentenced to 63 Months in Prison for Crypto Fraud

In April, Esteban Cabrera Da Corte pleaded guilty to participating in a crypto scheme that defrauded U.S. banks of $4 million.

By Sandali Handagama

Nov 30, 2023 at 12:13 p.m. UTC

Nov 30, 2023

RegulationsUSDOJMiamifraud caseCourt Cases

Gavel striking a block against a background of a U.S. dollar bill

Finance

Binance

Binance’s Settlement With U.S. Authorities Is Positive for Crypto as Well as the Exchange: JPMorgan

The settlement will significantly reduce the potential systemic risk emanating from a hypothetical collapse of the crypto exchange, the report said.

By Will Canny

Nov 24, 2023 at 9:40 a.m. UTC

Nov 24, 2023

BinanceDOJDepartment of JusticeUSlawsuitsExchanges

Policy

Tether

Tether Worth $9M Tied to 'Pig Butchering' Scams Is Seized by U.S. DOJ

Tether said Monday it froze $225 million of its USDT stablecoin in light of DOJ investigations.

By Oliver Knight

Nov 21, 2023 at 3:15 p.m. UTC

Nov 21, 2023

TetherDOJCrimeScamsUSseized crypto

Markets

Federal reserve

Fed Minutes Release May Be a Non-Event for Bitcoin

The minutes of the Nov. 1 Fed meeting may be outdated, given the post-meeting softness in economic data and resulting expectations for renewed interest-rate cuts in 2024.

By Omkar Godbole

Nov 21, 2023 at 10:32 a.m. UTC

Nov 21, 2023

Federal ReserveBitcoinMarketsCentral BankUS

The Fed will not issue a CBDC without executive branch and Congressional support. (Jesse Hamilton/CoinDesk)

Policy

U.S. CBDC Is Unlikely in the Near Term: Bank of America

The Federal Reserve continues to pilot a central bank digital currency, but will not issue one without executive branch and Congressional support, the report said.

By Will Canny

Nov 15, 2023 at 8:51 a.m. UTC

Nov 15, 2023

USCBDCsFederal ReservePolicy

Markets

Etfs

Bitcoin Spot ETFs Will Introduce Crypto to Broader Investor Base: Coinbase

Spot ETFs are likely to lay the foundation for a more regulated market, with greater inclusion and a significant growth in demand, the report said.

By Will Canny

Nov 14, 2023 at 9:02 a.m. UTC

Nov 14, 2023

ETFsUSBitcoin ETF

Policy

Legal

Ben 'Bitboy' Armstrong Calls Himself a Victim in Latest Court Filing

The lawsuit claims former colleagues took control of Armstrong's account on X.com "for the express purpose of publicly harassing, embarrassing, and intimidating" him.

By Sam Reynolds

Nov 7, 2023 at 9:52 a.m. UTC

Nov 7, 2023

LegalBEN ARMSTRONGlawsuitsUS