Tag Archives: United States

U.S. Deputy Treasury Secretary Wally Adeyemo confirmed in a speech on Friday that crypto plays a relevant, but still relatively minor role in global terrorist financing operations. His comments bear a stark contrast to claims from a massive lineup of congresspeople earlier this month, asserting that crypto is responsible for over $130 million in Hamas terrorist funding. The Reality of Terror Financing During his remarks about terrorist groups, sanctions, and illicit finance,...

TL;DR Jeremy Hogan sees a declining probability of the SEC winning against Ripple after key executives were cleared from charges. Hogan hints the SEC might drag the lawsuit to 2026, but with a minimal victory chance. ChatGPT anticipates a surge in XRP’s price with a possible peak at $10 if Ripple prevails. The SEC Seems Doomed to Lose The popular US lawyer and Partner at Hogan & Hogan – Jeremy Hogan – pinpointed a few possibilities that might occur before the final...

A medical doctor pleaded guilty to using the dark web in a murder-for-hire plot against his girlfriend. The individual paid a total of over $25,000 worth of bitcoin to carry out the murderous plot, which was averted by authorities. $25,200 in Bitcoin for a Murder Plot According to a press release by the US Department of Justice (DOJ), James Wan, a 54-year-old medical doctor from Georgia, tried to employ the services of a hitman through the dark web marketplace to have his...

The United States Commodity Futures Trading Commission (CFTC) filed a complaint against former CEO of Voyager Digital, Stephen Ehrlich, alleging that the ex-chief committed fraud and failed to register the bankrupt crypto lender with the agency. In a related development, another US regulatory body, the Federal Trade Commission (FTC), announced that it reached a settlement with Voyager Digital. CFTC’s Charges Against Stephen Ehrlich The CFTC announced the lawsuit in a press...

TL;DR US crypto exchange Uphold is offering 10,000 XRP (about $5,000) to a user who conducts $20 in eligible trades this October. Uphold had previously introduced a 4% XRP cashback for UK customers. XRP’s future bull run could be influenced by factors like adoption and the Ripple vs. SEC lawsuit outcome. Uphold’s XRP Distribution The US-based cryptocurrency exchange – Uphold – announced it will send 10,000 XRP to one of its users this month. Clients must conduct at least $20...

With the odds of a US government shutdown increasing by the day, the Securities and Exchange Commission (SEC) is reportedly looking to expedite Ethereum Futures exchange-traded funds (ETFs) approvals, according to senior Bloomberg analyst Eric Balchunas. Meanwhile, the SEC remains hesitant to approve spot Bitcoin ETF applications, with the agency recently delaying its decision on a couple of filings. An Ethereum Futures ETF Likely to Launch Soon Eric Balchunas said the SEC...

Chris Larsen – Co-Founder and Executive Chairman of Ripple – applauded the United Kingdom for turning into a financial and technological hub that aids the advancement of different innovations. The ongoing regulatory uncertainty in the United States and the lawsuit between the crypto company and the US SEC have prompted Ripple to expand globally. The UK has been among the destinations with the most open roles. Putting the UK on a Pedestal Larsen retweeted a post by Jeremy...

The residents of Texas can now settle their solar panel bills in various cryptocurrencies, including the popular memecoin Shiba Inu (SHIB).  Numerous analysts have previously argued that mass adoption is among the essential factors in increasing the price of the coin. Paying Bills in SHIB The offering became available after the blockchain payment system FCF Pay partnered with Chariot Energy (a solar energy company based in Houston, Texas). Locals are allowed to use hundreds...

On Sept. 20, the CBDC Anti-Surveillance State Act passed out of the Financial Services Committee. Republican Senator Tom Emmer said it was, “A historical step in defending against an ever-expanding government surveillance state.” The House Majority Whip has been battling against Federal Reserve moves to develop a CBDC. The first anti-CBDC bill in the United States passed out of the Financial Services Committee today! A historical step in defending against an ever-expanding...

The leading cryptocurrency exchange – Coinbase – has reportedly started offering crypto loans to US institutional investors.  The move could signal the company’s willingness to strengthen its position in America despite the regulatory uncertainty and the issues with local watchdogs. Recall that the US SEC filed a lawsuit against Coinbase in June, accusing the trading venue of breaching several rules and offering trading services with unregistered securities. Capitalizing on...