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Showing posts with the label USA

CFTC Commissioner Romero to Exit, Opening Door for Trump Appointees

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CFTC Commissioner Romero to Exit, Opening Door for Trump Appointees After 23 years of federal service, Christy Goldsmith Romero, a commissioner at the U.S. Commodity Futures Trading Commission (CFTC), announced her resignation with effect from May 31. Her exit marks a significant change in the agency's leadership team and may provide outgoing President Donald Trump the chance to reorganize the CFTC by appointing new officials. Exodus of Leadership at the CFTC Romero resigns at the same time as col... cryptocurrency news Coinatory

U.S. Treasury Projects $2 Trillion Stablecoin Market by 2028

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U.S. Treasury Projects $2 Trillion Stablecoin Market by 2028 By 2028, the stablecoin market may have grown from its present valuation of around $244 billion to about $2 trillion, according to a forecast by the U.S. Department of the Treasury. This forecast shows that institutional adoption and regulatory certainty within the digital asset ecosystem are gaining traction. Regulatory Clarity and Legislative Momentum The Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS)... U.S. Treasury Projects $2 Trillion Stablecoin Market by 2028

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

Trump Signals China Talks Amid Market Volatility Over Tariff Uncertainty

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Trump Signals China Talks Amid Market Volatility Over Tariff Uncertainty President Donald Trump confirmed ongoing communications with China as markets brace for heightened volatility, reflecting deep concerns over escalating U.S.-China trade tensions. After a period of volatility for the stock and cryptocurrency markets, investors are anticipated to keep a close eye on changes in the U.S. tariff landscape throughout the course of the upcoming week. Speaking from the Oval Office, Trump said China had repeatedly req... 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

Michael Saylor Urges U.S. Government to Acquire 25% of Bitcoin Supply

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Michael Saylor Urges U.S. Government to Acquire 25% of Bitcoin Supply In order to create a Strategic Bitcoin Reserve, Strategy founder Michael Saylor has suggested that the US government methodically buy up to 25% of the whole Bitcoin supply over the course of the next ten years. In "A Digital Assets Strategy to Dominate the 21st Century Global Economy" Saylor proposed that the government buy Bitcoin every day from 2025 to 2035, when 99 percent of the cryptocurrency will be in use. Make a plea to th... cryptocurrency news

China Retaliates Against US Tariffs with Trade Barriers, WTO Lawsuit

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China Retaliates Against US Tariffs with Trade Barriers, WTO Lawsuit With the imposition of more tariffs, export limitations, and World Trade Organization (WTO) legal action, China has intensified its trade war with the United States. Washington's recent 10% tariff increase on all Chinese imports under the Trump administration prompted the action. The retaliatory actions were announced by Beijing's Ministry of Commerce on Tuesday, indicating a growing economic impasse between the two biggest economies in ... China Retaliates Against US Tariffs with Trade Barriers, WTO Lawsuit

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

US Lagging on Crypto Regulation but Could Soon Catch Up, Says Tether CEO

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US Lagging on Crypto Regulation but Could Soon Catch Up, Says Tether CEO The United States is falling behind in establishing clear cryptocurrency regulations, but change may be on the horizon after the upcoming elections, according to Paolo Ardoino, CEO of Tether, the world’s largest stablecoin issuer. Speaking at the DC Fintech Week conference on October 22, Ardoino expressed concern about the U.S.'s slow response to the evolving crypto landscape. “There is no place like the US,” Ardoino remarked, emphasizing the... crypto news today

26M Voters Prioritize Crypto Policy in Upcoming US Elections

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26M Voters Prioritize Crypto Policy in Upcoming US Elections An estimated 26 million voters in the United States now form a significant "crypto voting bloc," where pro-crypto policy positions play a crucial role in their voting decisions for the upcoming November elections. According to a recent survey by The Digital Chamber, 16% of respondents indicated that a candidate’s stance on cryptocurrency is "extremely" or "very" important in determining their vote. The survey, released on October 17, revealed... 26M Voters Prioritize Crypto Policy in Upcoming US Elections Coinatory

FBI Seizes $6M in Crypto from Scammers Preying on U.S. Investors

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FBI Seizes $6M in Crypto from Scammers Preying on U.S. Investors U.S. authorities have seized over $6 million in cryptocurrency from scammers based in Southeast Asia who targeted American citizens through fraudulent investment schemes. The U.S. Attorney’s Office for the District of Columbia announced on September 26 that the victims had been misled into believing they were investing in legitimate crypto ventures, losing millions in the process. The FBI traced the stolen funds via blockchain analysis, ident... crypto news

Over $4 million earned on hacked SEC database

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The dreadful American regulator, the Securities and Exchange Commission (SEC), found itself in the unusual role of a victim. According to the lawsuit, the international criminal group managed to earn more than $ 4 million in securities transactions, thanks to the data stolen from the Commission. This is about hacking Edgar, the Commission"s database containing official information. According to the claimant, hackers illegally gained access to 157 messages from various companies containing information not intended for publication. The data stolen from the regulator was used to obtain unlawful benefits in operations with securities of these companies. SEC estimates the income received in this way at $ 4.1 million. In addition, the ... Read more about " Over $4 million earned on hacked SEC database " on coinatory.com

The new head of the administration of the White House - a supporter of bitcoins

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Donald Trump has just appointed Mick Mulvani to the post of head of the White House administration. It seems that the next spontaneous decision of the US government on the appointment of people to positions of responsibility led to an advantage for the cryptocurrency community. Mulvaney is said to have serious disagreements with Trump’s policies, and a few days before his election, he declared that the candidate Trump is “a terrible person.” Now supporters of cryptocurrency hope that this is a huge benefi for innovation, since the Republican from South Carolina is considered a supporter of digital currencies and is actively promoting legislation on blockchain technology as part of a special group. The previous head of the Wh ... Read more about " The new head of the administration of the White House - a supporter of bitcoins " on coinatory.com

US and UK want to mitigate cryptocurrency taxation

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Recently, Japan has softened its tax laws regarding cryptocurrency trading and business. There are reports that the United States and the United Kingdom, where high taxes are applied to cryptocurrencies, may follow the example of Japan. Aspiring to the mainstream, blockchain and cryptocurrency firms continue to resist outdated legislation. Realizing this, the three largest economies in the world - the United Kingdom, the United States and Japan - are taking steps to regulate cryptocurrencies and wisely manage the generated taxes. Changes in Japanese law classify profits from mining or trade as “other income”, which will be taxed at about 55% for high-yield companies. Financial regulators in Japan have introduced a legal framework ... Read more about " US and UK want to mitigate cryptocurrency taxation " on coinatory.com

Cryptocurrency bank to be opened in Wyoming

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It is planned to open a state-owned cryptocurrency bank in the US state of Wyoming. This was discussed at a meeting of state senators with businessmen. According to local media, now in Wyoming are considering the creation of a bill that would regulate the crypto bank. This bank will serve the needs of companies from the blockchain industry. The task of the crypto bank will be to store funds both in digital currency and in traditional money. This will help blockchain enterprises to quickly penetrate into economic processes - now not ... Read more about " Cryptocurrency bank to be opened in Wyoming " on coinatory.com

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

PwC: More than 80% of companies in the world implement blockchain projects

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More than 80% of the world"s companies realizing or implemented blockchain projects in varying degrees, with a quarter of them have already launched pilot projects or fully completed their implementation, according to a study by the consulting company PwC. The PwC study "Blockchain is here. What"s your next move? "Is based on a survey of 600 executives from 15 countries and territories: Australia, China, Denmark, France, Germany, Hong Kong, India, Italy, Japan, Netherlands, Singapore, Sweden, UAE, UK and USA. Respondents were asked questions ... Read more about " PwC: More than 80% of companies in the world implement blockchain projects " on coinatory.com

Iran is 100% ready to launch its own cryptocurrency

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The Iranian state press reported that the Central Bank will soon launch a sovereign cryptocurrency, which is 100% premined and expects the "command" of President Hassan Ruhani. Explanations on the use and rules for the exchange of state tokens will be explained by the country"s regulator as early as the beginning of September. The sovereign cryptocurrency will help Iran avoid US sanctions restricting the sale of oil, so experts draw analogies with Venezuela"s option. The Bolivarian Republic issued El Petro, radically replacing local ... Read more about " Iran is 100% ready to launch its own cryptocurrency " 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

US universities start to invest in crypto

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Some universities on the East Coast of the United States are beginning to invest in cryptocurrencies, said the founder of the Capital Fund Law Group. John Lore, the founder of the Capital Fund Law Group, specializing in the provision of legal services for hedge funds, in an interview with Business Insider said: "We"re seeing some academic institutions getting involved on a limited basis for strategic reasons. I can"t say the names of [the academic institutions] because that"s attorney-client but we have people mostly on the East Coast ... Read more about " US universities start to invest in crypto " on coinatory.com