U.S. Senate Majority Leader Chuck Schumer (D-NY) speaks to the media after the 51-50 vote passed the “Inflation Reduction Act of 2022” on Capitol Hill in Washington, D.C., U.S. August 7, 2...
Tag: U.S.
Is It A New Ukrainian Attack Drone?
Ukraine may be using a new type of drone boat supplied by the U.S. to attack Russian warships in the Black Sea. Russian forces found a drone boat washed up on a beach close to their naval base at Seva...
‘The U.S. economy today is a classic tale of two cities’
As megabank CEOs attended their annual congressional hearings for day one of two on Wednesday, remarks on the U.S. economy permeated usual discussions around regulatory issues such as compliance and c...
Navy Bribery Mastermind ‘Fat Leonard’ Arrested In Venezuela After Fleeing U.S. House Arrest
Topline A Malaysian contractor known as “Fat Leonard”, who conned the U.S. military out of tens of millions of dollars and sat at the center of a sprawling corruption scheme, has been arrested in Vene...
Battery-Swapping Unlikely To Ruffle Fragile U.S., European Chargers
Electric SUV car exchange battery in battery swapping station. Fast battery exchange solution. 3D … [+] rendering image. getty The revival of battery-swapping in China is unlikely to catch on in...
Ray Dalio says stocks, bonds have further to fall, sees U.S. recession in 2023
As the world waits for the Federal Reserve to deliver what’s expected to be its third “jumbo” interest-rate hike, Bridgewater Associates founder Ray Dalio shared a warning for anybody still hanging on...
Tether responds to U.S. judge’s order to produce documents, calls it ‘a routine discovery’
After the news broke out that a New York district judge ordered Tether (USDT) to produce its financial records to prove the backing of its stablecoin in what some have called a ‘conspiracy lawsuit,’ t...
Market Tumbles After Russia-Ukraine War Escalation & U.S. Interest Hike
The Federal Open Market Committee (FOMC) announced a 75 basis points (bps) rate hike on Sept. 21. The Bitcoin (BTC) price fell sharply as a result. The FOMC began a two-day meeting on Sept. 20, in ord...
All Eyes on U.S Federal Reserve Over Interest Rate Hike
57 seconds ago | 2 mins read Bitcoin News Macro concern keeps the Bitcoin price below the $20,000 mark. Wall Street anticipates a rate rise of 75 basis points from the Federal Reserve this month. The ...
U.S. House Bill Wants to Save Investors from Terra-Like Stablecoins
A stablecoin bill drafted in the United States House of Representatives would place a two-year ban on algorithmic stablecoins similar to TerraUSD, which are not backed by outside assets like cash and ...
U.S. House Legislation Looks To Place Two-Year Ban On UST-Like Stablecoins
Are stablecoins in the sights of U.S. regulators? The decline of Terra Luna and it’s UST (and correlating LUNA) token earlier this year brought along plenty of fanfare. It’s full damage and implicatio...
U.S. Treasury Department Asks for Public Opinion on Potential Risks of Digital Assets
The U.S. Treasury Department is asking the public for their opinions on how to handle the potential risks of crypto assets. In a newly published document, the Treasury Department is asking the general...
Colorado Is The First Ever U.S State That Will Accept Tax Payments In Crypto
The American state of Colorado will now accept cryptocurrency for tax payments, and residents of the city who wish to use this facility can finally start to do so. Governor Jared Polis recently announ...
CBDC Wars: Why The U.S. Must Create Its Own Stablecoin To Compete With China
The United States is embarking on a campaign toward the introduction of a CBDC, or central bank digital currency. As part of the White House’s first-ever comprehensive framework, the Treasury Departme...
Apple Stock, Google Stock Top Buybacks Among U.S. Companies
Apple (AAPL) and Google parent-Alphabet (GOOGL) led all U.S. companies in stock buybacks during the second quarter, though overall repurchases fell nearly 22% from the previous quarter, according to S...
U.S. Gas Prices Rise For First Time In 100 Days
Topline A 99-day streak of declining gas prices in the U.S. came to an end Wednesday, according to AAA, with the average price for a gallon of regular gasoline rising nearly a cent as concerns grow ab...
U.S. judge orders Tether to produce financial records proving USDT backing
As the lawsuit accusing Tether (USDT) and cryptocurrency exchange Bitfinex of conspiracy to issue its stablecoin in order to pump the price of Bitcoin (BTC) continues, a U.S. judge has ordered the iss...
Algorithmic Stablecoins Like TerraUSD to Face Two-Year Ban in the U.S.
Next week, the House Financial Services committee will vote on legislation to regulate stablecoins. As per details, the draft bill proposes a complete two-year ban on algorithmic stablecoins like the ...
U.S. State of Colorado Now Accepts Tax Payments in Crypto
Gov. Jared Polis of Colorado announced Monday that the U.S. state would begin accepting cryptocurrency for tax payments. The state will allow individuals and businesses to use cryptocurrency for tax p...
U.S. Must Contain Fallout From Crypto-Zone Scheme On Nuked Pacific Island
TO GO WITH Marshalls-US-nuclear-health by Giff Johnson This undated aerial photo received on March … [+] 4, 2010 shows Rongelap Island, one of more than 60 in a necklace of coral islands that wa...
Coinbase Founder Is Concerned For Crypto In U.S., Here’s Why
Brian Armstrong, CEO of America’s largest exchange Coinbase, is concerned about crypto and blockchain technology moving offshore as the regulatory atmosphere in the U.S. breeds toxicity for the nascen...
U.S. Treasury Seek Public Opinion on the Role of Cryptocurrency in Illicit Finance – crypto.news
On Monday, the U.S. Department of the Treasury filed a Request for Comment (RFC) asking the public to share their views regarding the use of cryptocurrency in financial crime and the associated risks ...
Should You Still Hold Bonds?
NEW YORK, NY – FEBRUARY 25: It’s been among the worst years ever for bond investments in many major … [+] markets, so do bonds still make sense in your portfolio? (Photo by Scott Hei...
U.S. stocks are not priced for the key rate at 4.5%: Gina Sanchez
S&P 500 is already down more than 10% versus its recent high but Gina Sanchez (Chantico Global) says the benchmark index “might” not be done with the descent just yet. What’s priced in already? Sa...
U.S. SEC Charges Crypto Firm Sparkster Over Unregistered $30M ICO Sale
The United States Securities and Exchange Commission (SEC) has sued Cayman Islands-based software development firm Sparkster Limited for conducting an unregistered token sale that generated about $30 ...
Why U.S. Shale Producers Aren’t Riding To The Rescue Despite Tight Oil Supplies
In an aerial view of oil pumpjacks at work in the Permian Basin oil field in Crane, Texas. A … [+] tightening global ban on Russian oil and other geopolitical realities may mean that oil produce...
Ripple vs. SEC: U.S. Defense Lawyer Says SEC Indirectly Threatened Attorney John Deaton in New Letter
– Advertisement – The SEC has responded to the Chamber of Digital Commerce’s request to join the Ripple lawsuit. The Securities and Exchange Commission has written a new letter concerning ...
SEC Makes Bizarre Claim About U.S. Jurisdiction Over Ethereum in Court Filing
Key Takeaways The SEC is suing crypto YouTuber Ian Balina for making undisclosed promotions of an Ethereum-based ICO-era crypto project, Sparkster. In its filing the SEC claimed that Ethereum transact...
U.S. FTC Files Motion to Be Included in Celsius Bankruptcy Proceedings – crypto.news
The U.S. Federal Trade Commission (FTC) has filed a motion to be included in Celsius Network’s ongoing chapter 11 proceedings. Lawyers Request For Documents Relevant to Bankruptcy Proceedings In a fil...
U.S. Treasury requests public comment on curbing crypto-related crimes
U.S. Department of the Treasury has called on the public to provide feedback on the role of digital assets in facilitating illicit finance and how the regulator might curtail the associated risks. On ...