USA | ForkLog - Part 123

ForkLog 18 17.12.2021

Rostin Behnam Named Chair of the CFTC

The U.S. Senate approved President Joe Biden's nomination of Rostin Behnam to head the Commodity Futures Trading Commission (CFTC).

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ForkLog 15 16.12.2021

US Senators urge Treasury to clarify the status of crypto brokers

As US senators urged Treasury Secretary Janet Yellen by the end of 2021 to provide informal guidance or information regarding the reporting requirements for crypto industry 'brokers' after the infrastructure plan was enacted.

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ForkLog 12 15.12.2021

Lemonade to own $1m of Bitcoin after Metromile deal

New York Stock Exchange-listed insurer Lemonade agreed to acquire competitor Metromile, which had previously invested in Bitcoin.

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ForkLog 20 15.12.2021

Five members of the US Congress invested in the crypto industry

At least one senator and four members of the US Congress bought bitcoin or shares in cryptocurrency-related companies, according to Business Insider citing lawmakers.

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ForkLog 18 15.12.2021

US Senate Holds Hearings on Stablecoins

Stablecoins are intended to address the volatility of cryptocurrencies, but they are not decentralised, and the activities of their issuers are not transparent, said Sherrod Brown, chair of the U.S. Senate Banking Committee.

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ForkLog 18 14.12.2021

Hester Peirce criticises SEC chair over cryptocurrency stance

SEC commissioners Hester Peirce and Elad Roisman said they were disappointed with the content of the regulatory agenda regarding the agency's chair Gary Gensler. The criticism stemmed from the lack of clarity on digital assets.

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ForkLog 26 13.12.2021

Botnet operator jailed for four years in the United States for Bitcoin theft

A U.S. court sentenced Russian Oleg Koshkin to four years in prison for organizing the Kelihos malware, which among other things stole funds from Bitcoin wallets.

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ForkLog 19 12.12.2021

Bloomberg strategist predicts mass adoption of cryptocurrencies in the United States in 2022

In 2022, the United States is expected to witness mass adoption of cryptocurrencies under proper regulation and a subsequent bull market. This view was expressed by Bloomberg strategist Mike McGlone in a new report.

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ForkLog 17 10.12.2021

Former BitConnect director barred for life from participating in ICOs

The United States District Court for the Southern District of New York issued a verdict against former BitConnect director and promoter Glenn Arcaro, and the affiliated company Future Money Ltd., through which he attracted potential investors.

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ForkLog 35 10.12.2021

Florida to allow payment of state fees in cryptocurrency

Florida Governor Ron DeSantis intends to give businesses the option to use cryptocurrencies to pay state fees. This is according to the recommendations he presented for the state's budget for the 2022/2023 fiscal year.

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ForkLog 31 10.12.2021

US congressman inspires crypto enthusiasts to create new meme tokens

US Representative Brad Sherman, during a hearing before the Financial Services Committee, joked about a non-existent cryptocurrency. It quickly became reality in several versions, Bloomberg reports.

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ForkLog 27 09.12.2021

Crypto executives testify before the US Congress

On December 8, top executives of the cryptocurrency industry testified before the US House Financial Services Committee. Politicians' views were divided, but witnesses noted a high level of engagement from lawmakers.

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