USA | ForkLog - Part 38

ForkLog 105 29.01.2025

Gary Gensler Returns to MIT as Professor After Leaving SEC

The Sloan School of Management at the Massachusetts Institute of Technology (MIT) announced the return of Gary Gensler as a professor. Having resigned on January 20, the former chairman of the SEC will engage in teaching and research in the fields of artificial intelligence, financial technology, and public policy. Gensler will also return to the […]

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ForkLog 25 28.01.2025

KuCoin Fined $300 Million for Unlicensed Operations

The cryptocurrency exchange KuCoin has admitted to conducting unlicensed money transmission business in the United States and has agreed to pay fines and compensations amounting to nearly $300 million. KuCoin pleads guilty to unlicensed money transmission charge and agrees to pay penalties totaling nearly $300 millionhttps://t.co/0Unaqbvro6 — US Attorney SDNY (@SDNYnews) January 27, 2025 In […]

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ForkLog 50 27.01.2025

Jameson Lopp Suggests Roger Ver Lacks Funds for Tax Payment

Accused by the IRS of tax evasion, Bitcoin.com founder Roger Ver refuses to settle out of court, either on principle or due to a lack of funds, according to Casa co-founder and CTO Jameson Lopp. A lot of you have clearly fallen for Roger Ver’s political persecution ploy and don’t actually understand the charges against […]

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ForkLog 14 27.01.2025

SEC Secures Partial Victory in Kraken Case

On January 24, California federal judge William Orrick dismissed one of the defenses put forth by the cryptocurrency exchange Kraken in its case against the SEC. The trading platform invoked the major questions doctrine to argue that Congress had not granted the regulator authority over cryptocurrencies. This U.S. Supreme Court decision had previously been employed […]

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ForkLog 11 24.01.2025

Trump Orders Development of AI Advancement Plan in the US

US President Donald Trump has signed a special directive aimed at “making America the global AI capital,” according to his aide, reports Reuters. The document sets a 180-day deadline to develop an Artificial Intelligence Action Plan. It aims to establish policies “to maintain and strengthen America’s global dominance in artificial intelligence to promote human prosperity, […]

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ForkLog 32 24.01.2025

White House working group to assess a national crypto reserve

US president Donald Trump signed an executive order establishing a working group on digital-asset markets. The body will be led by the special adviser on AI and cryptocurrencies, David Sacks. ?NEW: Here’s the official #crypto EO text from the @WhiteHouse website. ??https://t.co/59XVrJtsRa https://t.co/ZZkFMPgkTD pic.twitter.com/Z27s8a6Pnr — Eleanor Terrett (@EleanorTerrett) January 23, 2025 Among others, the group […]

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ForkLog 32 22.01.2025

Morgan Creek CEO Discusses Potential XRP Integration into US Banking System

Beyond Bitcoin, the US national reserve might include other cryptocurrencies such as XRP, ADA, and HBAR. This perspective was shared by Morgan Creek CEO Mark Yusko during an appearance on the Good Morning Crypto show. He noted that the founders of these projects aim to “establish contact” with Donald Trump’s circle, particularly his son Eric. […]

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ForkLog 39 22.01.2025

Court Overturns Sanctions Against Tornado Cash Mixer

On January 21, the U.S. Fifth Circuit Court of Appeals overturned the sanctions against the cryptocurrency mixer Tornado Cash, imposed by the OFAC in 2022. The case has been sent back to the District Court for the Western District of Texas for further proceedings in light of the appellate decision. Earlier, the panel of judges […]

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ForkLog 25 22.01.2025

Ethics Experts Criticize TRUMP Memecoin

The watchdog organization Citizens for Responsibility and Ethics in Washington (CREW), which filed a lawsuit against Donald Trump during his first term, is preparing new legal actions. This was reported by the group’s vice president, Jordan Libowitz, to Fortune. According to Libowitz, the recent business moves by the elected head of state, including the launch […]

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ForkLog 34 22.01.2025

Market Maker CLS Global Admits to Sham Trading of FBI’s AI Token

The UAE-based cryptocurrency market maker, CLS Global, has admitted to facilitating sham trading and market manipulation in favor of the NexFundAI token, created by the FBI to detect fraud. This was reported by the US Department of Justice. As part of a deal with authorities, the company confirmed its involvement in providing services to attract […]

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ForkLog 34 22.01.2025

Hester Peirce to Lead SEC’s Cryptocurrency Task Force

SEC Commissioner Hester Peirce, known in the community as “Crypto Mom,” has been appointed head of the agency’s cryptocurrency task force. This was announced in a press release. “The task force, which will include talented specialists from across the agency, will collaborate with the SEC and the public to guide the Commission on a sensible […]

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ForkLog 11 22.01.2025

Binance CEO Outlines Expectations from Trump Administration

In 2025, US cryptocurrency legislation is expected to become clearer, and the industry will witness new all-time highs, stated Binance CEO Richard Teng at the World Economic Forum in Davos. He believes that clear regulations, coupled with the friendly stance of Donald Trump’s administration, will propel the crypto market to new records within the year. […]

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