USA | ForkLog - Part 30

ForkLog 36 27.03.2025

Wyoming Announces Launch of ‘First State-Issued Stablecoin’

Wyoming plans to issue its own fiat-backed stablecoin by July, according to Bloomberg. If the project comes to fruition, the ‘stablecoin’ will be the first issued by a government entity in the United States. The token will be backed by treasury bonds, cash, and asset repurchase agreements. State legislation mandates maintaining a backing level of […]

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ForkLog 41 26.03.2025

Potential SEC Chair’s Crypto Investments Unveiled

Donald Trump’s nominee for the chair of the SEC, Paul Atkins, holds shares in three cryptocurrency companies: Securitize, Anchorage Digital, and Off the Chain Capital. This was reported by Fortune, citing the politician’s income statement. The information was disclosed ahead of Atkins’ Senate confirmation hearing, scheduled for March 27. According to the documents, the nominee […]

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ForkLog 22 24.03.2025

US Authorities to Return $7 Million to Victims of Fake Crypto Sites

US authorities will return $7 million to victims of fraudulent cryptocurrency platforms. According to a statement from the Eastern District of Virginia’s prosecutor’s office, criminals built trust with users before redirecting them to fake websites. Once deposited, the funds passed through more than 75 bank accounts of shell companies and were then sent abroad, disguised […]

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ForkLog 27 24.03.2025

NYDIG Highlights Benefits of Gold Tokenization for Bitcoin

Tokenizing the United States’ gold reserves could have a positive impact on the leading cryptocurrency. This was stated by Greg Cipolaro, Head of Research at New York Digital Investment Group (NYDIG). According to him, moving precious metals onto the blockchain will increase transparency, but the reserves will still remain dependent on centralized structures, unlike Bitcoin. […]

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ForkLog 74 22.03.2025

Tether Seeks Big Four Firm for Reserve Audit

Tether, the issuer of the USDT stablecoin, plans to hire one of the Big Four auditing firms to verify its reserves. This was reported by Reuters, citing the company’s head, Paolo Ardoino. The firms in question are the world’s largest providers of audit and consulting services: Deloitte, PricewaterhouseCoopers, Ernst & Young, and KPMG. According to […]

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ForkLog 66 22.03.2025

Tornado Cash Removed from OFAC Sanctions List

The U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) has lifted economic sanctions on Tornado Cash. More than 100 Ethereum addresses have been removed from the sanctions list. According to the department’s statement, the decision followed a “review of new legal and policy issues” related to crypto businesses. The project was sanctioned by OFAC […]

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ForkLog 25 21.03.2025

US and UAE Coordinate Plans on Digital Currencies

The UAE’s National Security Advisor, Sheikh Tahnoon Bin Zayed Al Nahyan, and Donald Trump’s Special Advisor on AI and Cryptocurrencies, David Sacks, discussed the development of digital assets and artificial intelligence. I explored with @davidsacks47 , the Special Advisor on AI and Crypto, the transformative effects of artificial intelligence across various sectors, the expanding role […]

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ForkLog 24 20.03.2025

Donald Trump Urges Congress to Pass Stablecoin Legislation

U.S. President Donald Trump has called on Congress to pass legislation regulating stablecoins. He made this statement during his speech at the Digital Asset Summit 2025. According to him, “stablecoins will enhance the dominance of the dollar.” Trump also criticized banking discrimination against cryptocurrency companies, known in the industry as “Operation Chokepoint 2.0.” Earlier, journalists […]

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ForkLog 23 20.03.2025

Gotbit CEO Admits Fraud, Agrees to Pay $23 Million

Gotbit founder Alexey Andriunin has reached a plea agreement with U.S. authorities, admitting to fraud and market manipulation. The agreement includes the forfeiture of crypto assets worth $23 million, as stated in a letter submitted by prosecutors to the federal court in Massachusetts. Andriunin’s involvement in the market maker’s operations “harmed market participants” who purchased […]

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ForkLog 25 20.03.2025

Trump Firm Executives Establish SPAC to Acquire Cryptocurrency Companies

Three executives from Trump Media & Technology Group, founded by Donald Trump, have established a special purpose acquisition company (SPAC) to acquire American cryptocurrency businesses. Renatus Tactical Acquisition Corp I, registered in the Cayman Islands, aims to “focus its search on promising enterprises based in the U.S. in the cryptocurrency and blockchain markets, data security, […]

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ForkLog 19 19.03.2025

US Director Arrested for Alleged Fraud Involving Cryptocurrency

Federal authorities in the United States have arrested 47-year-old Los Angeles filmmaker Carl Erik Rinsch, accused of misappropriating funds allocated for filming and using them to purchase cryptocurrency. According to case documents, in March 2020, Rinsch received $11 million from an unnamed streaming service to create the science fiction series “Conquest,” yet failed to complete […]

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ForkLog 50 19.03.2025

SEC Withdraws Claims Against Ripple

The U.S. Securities and Exchange Commission (SEC) is withdrawing its appeal in the case against Ripple, as announced by the fintech company’s CEO, Brad Garlinghouse. This is it – the moment we’ve been waiting for. The SEC will drop its appeal – a resounding victory for Ripple, for crypto, every way you look at it. […]

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