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“# Broker licensing for US blockchain developers threatens jobs and diversity ” United States lawmakers will soon destroy a massive opportunity for job creation and a diverse workforce in blockchain technology if they do not amend infrastructure bill HR 3684, which would require blockchain developers to attain broker status on U.S. soil. HR 3684 does…
“# Crypto market cap returns to $2T for the first time since May ” The total value of all cryptocurrencies in circulation — a major bellwether for the health of the overall market — reached $2 trillion on Wednesday for the first time in almost three months, offering compelling evidence that buyers are back in…
“# Titan launches actively managed crypto portfolio for US investors ” United States investment adviser Titan has officially launched its new cryptocurrency offering targeting U.S. investors, giving market participants additional avenues for accessing digital assets like Bitcoin (BTC) and Ether (ETH). The new product, dubbed Titan Crypto, seeks to invest in a concentrated basket of…
“# Mark Cuban likens shutting off crypto growth to stopping e-commerce in 1995 ” Leaders in the crypto industry continue to speak up as the bipartisan $1 trillion infrastructure bill, known for implementing tighter rules on crypto businesses and expanding reporting requirements for brokers, passed the United States Senate. Billionaire investor and Bitcoin (BTC) proponent…
“# US Senator claims support for crypto amendments despite blocking bill ” On July 29, Cointelegraph reported that provisions had been hastily added to the infrastructure bill that sought to raise $28 billion through expanded taxation and impose stringent third-party reporting requirements for any entity deemed to comprise a cryptocurrency “broker.” The provision’s broad language…
“# BREAKING: BitMEX announces $100M settlement with FinCEN, CFTC ” Crypto derivatives exchange BitMEX has agreed to pay up to $100 million to resolve a case from the United States Commodity Futures Trading Commission and the Financial Crimes Enforcement Network. In an announcement today, BitMEX said it had reached a settlement with the two government…
“# Infrastructure bill passes US Senate — without clarification on crypto ” The fight for lawmakers to clear up the language used to define brokers in the crypto space may be moving to the United States House of Representatives soon after a failed attempt in the Senate. In a 69-30 vote, the Senate passed HR…
“# SEC wants ‘terabytes’ of Slack communications from Ripple ” The legal battle between the United States Securities Exchange Commission (SEC and blockchain-based payments firm Ripple continues, with the regulator wanting further access to Ripple’s internal communications. The SEC filed a motion with the Southern District of New York on Monday, requesting Judge Sarah Netbrun…
“# ‘We’ll be back on this’ — Alabama senator derails crypto amendment with two words ” A compromise which proposed amending provisions in the bipartisan infrastructure deal on crypto failed to meet the requirements of a unanimous consent request in the Senate, making the bill likely to go to a full vote without additional changes….
“# BREAKING: US lawmakers behind crypto amendments to infrastructure bill introduce compromise ” Senators putting forth differing amendments for provisions in the infrastructure deal which apply to crypto have reached a compromise after a legislative setback. In a press conference today, Senator Pat Toomey said there was now a bipartisan agreement on an amendment to…