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Showing posts with the label US

CIA Deputy Director: Bitcoin Integral to U.S. National Security

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CIA Deputy Director: Bitcoin Integral to U.S. National Security In a recent interview, Deputy CIA Director Michael Ellis underscored the growing role of Bitcoin in U.S. national security operations. Speaking with market analyst and investor Anthony Pompliano, Ellis stated that the agency is actively integrating Bitcoin into its intelligence framework, working alongside law enforcement to monitor blockchain transactions and leverage cryptocurrency in counter-intelligence operations. "Bitcoin is here to sta... cryptocurrency news Coinatory

US Court Halts 18-State Lawsuit Against SEC Amid Leadership Shift

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US Court Halts 18-State Lawsuit Against SEC Amid Leadership Shift A U.S. federal court has ordered a temporary pause in the lawsuit filed by 18 Republican state attorneys general and the crypto lobby group DeFi Education Fund against the Securities and Exchange Commission (SEC), citing potential changes under new leadership. On April 16, Kentucky District Court Judge Gregory Van Tatenhove granted a 60-day stay, referencing the SEC's March statement that the ongoing case could be rendered moot following a le... cryptocurrency news Coinatory

Binance Eyes U.S. Return Through Trump Family Partnership

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Binance Eyes U.S. Return Through Trump Family Partnership Binance, the world’s largest cryptocurrency exchange, is actively preparing for a return to the United States, leveraging its growing relationship with the Trump family to navigate regulatory hurdles and strategic business opportunities. In March, Binance executives, including CEO Richard Teng and Chief Legal Officer Eleanor Hughes, met with officials at the U.S. Treasury Department. The objective: to request the removal or easing of a court-... crypto news today

CFTC and SEC Strengthen Talks on Crypto Regulation

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CFTC and SEC Strengthen Talks on Crypto Regulation According to CFTC Acting Chair Caroline Pham, the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) are strengthening their interagency cooperation on the regulation of digital assets. According to Pham, staff-level talks have started up again, with the goal of improving cooperation between the two agencies on digital assets and other regulatory issues. Pham's comments on X were brought to light... Coinatory crypto news

Stablecoins Could Reinforce U.S. Dollar Dominance, Says Sacks

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Stablecoins Could Reinforce U.S. Dollar Dominance, Says Sacks According to White House AI and cryptocurrency czar David Sacks, stablecoins may be essential to preserving the dominance of the US dollar internationally. His remarks were made just hours after Senator Bill Hagerty unveiled the GENIUS Act, a bill that would establish rules for digital assets. Sacks presented President Donald Trump's vision for the future of the digital asset industry in the United States during a press conference with promin... Coinatory

U.S. Court Grants Coinbase Rare Appeal in SEC Legal Battle

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U.S. Court Grants Coinbase Rare Appeal in SEC Legal Battle The Securities and Exchange Commission (SEC) has given Coinbase, the biggest cryptocurrency exchange in the US, a crucial chance to refute allegations. The Southern District of New York's Judge Katherine Polk Failla granted the company's request for an interlocutory appeal, halting the current case to resolve important legal issues. Coinbase can contest whether the SEC's claims are consistent with current securities regulations through the in... cryptonews today

US Government Unlikely to Buy Bitcoin in 2025 — Galaxy Research

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US Government Unlikely to Buy Bitcoin in 2025 — Galaxy Research The research division of Galaxy Digital recently released a paper predicting that the US government will not buy any more Bitcoin in 2025. As per the blockchain analytics firm Spot on Chain, the government is anticipated to prioritize safeguarding its current assets, which total around 183,850 Bitcoin and are worth $17.36 billion. “In 2025, the US government will not buy Bitcoin,” said Alex Thorn, head of research at Galaxy Digital. Thorn poi... Coinatory crypto news

U.S. Government Transfers $594 Million Silk Road Bitcoin to Coinbase

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U.S. Government Transfers $594 Million Silk Road Bitcoin to Coinbase In a significant movement of seized cryptocurrency, the U.S. government has transferred $593.5 million worth of Bitcoin to Coinbase Prime, the preferred crypto brokerage platform. The transfer, involving 10,000 BTC, was executed on August 14, according to blockchain analytics firm Arkham Intel. The Bitcoin, originally seized from the Silk Road darknet market, was sent to the wallet identified as "bc1ql" two weeks prior to the transfer. The ma... cryptocurrency news

Bitcoin ATM market will reach $145 million cap

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Research company MarketsandMarkets said that by 2023 the market of bitcoin ATMs will grow annually by an average of 54.7% and will reach a capitalization of $ 145 million. As noted in the press release, currently around 3650 bitcoins ATMs are installed in the world against 3,500 recorded last month. In 2017, the market capitalization of bitcoin ATMs was $ 6.8 million, and today $ 16.3 million. Among the trends, the company"s specialists noted that the one-sided bitcoin ATM dominating the market with a share of 62.49% of all devices will ... Read more about " Bitcoin ATM market will reach $145 million cap " on coinatory.com

SEC will consider a decision to reject Bitcoin

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Washington: The US Securities and Exchange Commission announced that they will consider the decision of their employees to block nine exchange-traded funds that work with Bitcoin. This was reported by the commission"s representatives on its official website. "The SEC staff delegated authority to decide on such applications, which means that the commissars and the SEC chairman have the authority to review decisions if they want to," the SEC said. Virtual currency can be used to quickly move money around the world with relative ... Read more about " SEC will consider a decision to reject Bitcoin " on coinatory.com

Arizona’s Corporate Blockchain Bill Becomes Law

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Arizona just advanced its ranking among blockchain-friendly states, bringing corporations one step closer to submitting all of their data on distributed ledger technology. Governor Doug Ducey has signed House Bill 2603, or the Corporations/Blockchain Technology bill, as an amendment to the Arizona Revised Statutes, which already supports “signatures and records secured through blockchain technology and smart contracts.” With the amendment, data that’s stored and shared by corporations on the blockchain also becomes valid. Arizona’s block ... Read more about " Arizona’s Corporate Blockchain Bill Becomes Law " on coinatory.com

US States Take The Lead on Crypto Adoption

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It is no secret that governments around the world are reluctant to fully recognize crypto as legal tender. Nevertheless, its growing popularity and the increasing adoption of blockchain technology is a movement that cannot be ignored. This fact has created a quandary for central governments, as they struggle to find a place for decentralized assets within their current financial systems. In the United States, the government regards cryptocurrency as property but is unwilling to take further actions regarding legitimizing it as an asset. ... Read more about " US States Take The Lead on Crypto Adoption " on coinatory.com

New Bill Paves Way For Adoption of Blockchain By US Government

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The approval of the defense spending bill called the National Defense Authorization Act (NDAA) may lead to the mainstream adoption of Blockchain technology by government agencies in the US. This is because the bill has a provision called the Modernizing Government Technology Act (MGT) that will allow the agencies to redirect their cost savings into internal working capital funds that can be utilized to modernize their IT systems. According to Information Technology Industry Council Senior Vice President of Public Sector, Trey Hodgkins, the ... Read more about " New Bill Paves Way For Adoption of Blockchain By US Government " on coinatory.com