The underlying tech of a central bank digital currency wasn’t enough to convince some panelists at a Fed conference that it could change the international currency system.
United States News
The United States has maintained the highest gross domestic product in the world since 1871, making it a critical player in the evolution of commerce, finance and technology. The U.S. has been home to some of the most successful, long-standing crypto exchanges and other businesses in the industry.
Over 10 years later, the role of Bitcoin (BTC) in the U.S.’s evolution into digital finance and commerce is still unclear, as U.S. cryptocurrency regulation is still inconsistent, hazy or, at best, done in a patchwork fashion across the 50 states and other territories.
Stay tuned as Cointelegraph covers all the important updates and stories regarding the regulation, maturation and evolution of the crypto space.
The sale left the firm with 1,959 BTC at the end of the second quarter, a more than 75% drop when compared with its reported 8,058 BTC holdings as of May 31.2830
The cryptocurrency exchange filed a notice of default to Singapore-based Three Arrows Capital earlier in the week, but promised it would continue operations.4663
Cointelegraph sat down with Chess Grandmaster Garry Kasparov at Consensus 2022 to get his thoughts on the crypto and NFT market.24162
VanEck believes nothing should prevent the SEC from approving a pure Bitcoin ETF after the regulator greenlighted Bitcoin futures ETFs in 2021.2225
Court filings hint at authorities allowing Spagni to be in the United States for the Independence Day holiday weekend before being taken to South Africa early on Tuesday.4917
Venture capitalists tend to invest in companies with predominantly white male leadership, while women and people of color “remain in the waiting room,” according to Stephen Lynch.2088
The U.S. government agency is reportedly using Coinbase Tracer to access customers' historical geo-tracking data and transactions on over a dozen cryptocurrencies.2663
“The defendants misappropriated, either directly or indirectly, all of the Bitcoin they accepted from the pool participants,” said the CFTC.4349
From accusing the SEC of suppressing Bitcoin to suggesting alternatives, the community responded in various ways to Grayscale’s legal challenge against the SEC.2174
The reporting requirements, aimed at reducing the size of the tax gap, were scheduled to take effect in January 2023, with crypto firms sending reports to the IRS starting in 2024.1949
Despite a significant fine from Iowa’s regulator just two weeks earlier, BlockFi has scored itself a license in the state.3571
The first of his name, king of the punks and the first regulators, protector of the seven tokens, the keeper of the great CBDC, the breaker of blockchains and father of crypto.873
The long-term objective for the company is to examine other potential metaverse use cases such as health care, consumer, retail, media and financial services.7731
The report “How Millennials See Their Financial Future” reveals that 40% of millennial survey participants have invested in crypto.4026