BitMEX ordered to pay $100m fine for violation of U.S. banking laws
Crypto exchange BitMEX has been ordered to pay a $100 million penalty for violating U.S. banking laws. A federal judge ordered HDR Global Trading Limited, BitMEX’s parent company, to pay the penalty along with a two-year unsupervised probation sentence. In a ruling on Wednesday, January 15, 2025, U.S. District Court Judge John Koeltl, of the […]
Will TikTok’s ban in the U.S. hit the crypto market hard?
TikTok, the social media platform launched in September 2016, is facing a potential ban in the U.S. Will it affect the crypto market? On Jan. 19, the ban on TikTok in the U.S. will go into effect under the Protecting Americans From Foreign Adversary Controlled Applications Act. This legislation would make it illegal for app […]
Bitcoin is ‘good for the U.S. economy over the long run’
Famed investor and Bitcoin advocate Anthony Pompliano has offered three pieces of advice to President-elect Donald Trump to help him become the “first Bitcoin president.” Famed investor and Bitcoin advocate Anthony Pompliano offered three pieces of advice to President-elect Donald Trump to help him become the “first Bitcoin president.” 1. Repeal SAB 121 In a […]
Telegram-linked TON eyeing U.S. expansion
The TON Foundation, associated with Telegram Messenger, is planning to expand into the U.S. market, anticipating more favorable regulatory conditions under President-elect Donald Trump. As part of its U.S. expansion strategy, the foundation has appointed Manuel Stotz, founder of Kingsway Capital Partners, as its new president. Stotz will succeed Steve Yun, who will remain on […]
Bo Hines is a future exec of the U.S. crypto council. What are his views on crypto?
Hardly a well-known name in the crypto industry, former college football player and the young politician, Bo Hines, 29, got a high-profile appointment as an executive director of the Presidential Council of Advisers for Digital Assets, (or the “Crypto Council”) position on Dec. 23, 2024. What are his views on crypto? Not surprisingly, Bo Hines […]
First Sitting U.S. President to HODL meme coins
GOP leader and Billionaire businessman Donald Trump will be the first sitting U.S. President to hold meme coins. Magic internet money maybe, but the President has some. Once sworn in as the 47th President of the United States, Donald Trump would be the only sitting U.S. leader in history with meme coin holdings. Arkham reported […]
4 U.S. spot Bitcoin ETFs among top 20 launches of all time
Four U.S. spot Bitcoin exchange-traded funds are now ranked among the top 20 best ETF launches in history, as the crypto industry marks one year since the U.S. Securities and Exchange Commission approved the first spot Bitcoin ETFs. The SEC’s approval on Jan. 10, 2024, paved the way for 11 spot Bitcoin (BTC) ETFs to […]
U.S. agency proposes rule requiring refunds after crypto hacks
The Consumer Financial Protection Bureau has proposed a rule that would require U.S. cryptocurrency companies to refund customers who lose funds due to hacks or unauthorized transactions. he proposal aims to extend the consumer protections already in place for traditional bank accounts to digital wallets used for cryptocurrencies, according to Financial Times reporting. The CFPB’s […]
U.S. still holds $6.5b in seized Silk Road Bitcoin
U.S. authorities have not executed any new Bitcoin sales, despite reports suggesting that the Department of Justice had authorized a massive offload. Blockchain intelligence platform Arkham confirmed that billions in seized Silk Road and FBI-confiscated Bitcoin (BTC) remain in U.S. government-controlled addresses as of Jan. 9. The data provider shared on-chain proof confirming a $6.44 […]
U.S. court grants Coinbase rare appeal in SEC case
Coinbase, the largest cryptocurrency exchange in the United States, has been granted a rare legal opportunity to challenge claims made by the Securities and Exchange Commission. Judge Katherine Polk Failla of the Southern District of New York approved Coinbase’s request… Source link
