Tag Archives: US & Canada

US Congressmen Introduce Two Bills to Prevent Crypto Price Manipulation

Two congressmen from Florida and North Carolina have introduced bipartisan legislation aimed to help prevent cryptocurrency price manipulation. Representatives Darren Soto (Democrat) and Ted Budd (Republican) jointly announced Thursday that their two bills – “The Virtual Currency Consumer Protection Act of 2018” and the “U.S. Virtual Currency Market and Regulatory Competitiveness Act of 2018” – are ultimately aimed… Read More »

US Government Offering Up to $800K for Anti-Forgery Blockchain Solutions

The U.S. Department of Homeland Security is seeking to fund anti-counterfeiting solutions from blockchain startups with grants of up to $800,000. The DHS, through its unit Science and Technology Directorate (S&T), announced the non-dilutive funding, to be spread over four phases, on Tuesday through its Silicon Valley Innovation Program (SVIP). Non-dilutive funding means an entity doesn’t need to… Read More »

Treasury Official: Global Regulators Must Follow US Lead in Crypto Enforcement

A senior U.S. official has called on the crypto industry and the wide global financial sphere to take steps to prevent malicious actors from using the tech for illicit purposes. Speaking at the American Bankers Association/American Bar Association Financial Crimes Enforcement Conference on Monday, U.S. Department of the Treasury Under Secretary for Terrorism and Financial Intelligence Sigal Mandelker… Read More »

Bitcoin ETF Seekers Cite Precedent in SEC Presentation on Monday

Members of VanEck, SolidX and the Cboe BZX Exchange met with U.S. Securities and Exchange Commission (SEC) staff earlier this week to present a new argument on why the bitcoin market is ready for an exchange-traded fund (ETF). In the latest push to convince the regulator to approve a rule change which would open the door for the country’s… Read More »

US Judge Denies SEC Push for Injunction Against Crypto Startup

A federal judge has denied a preliminary injunction filed by the U.S. Securities and Exchange Commission (SEC), which sought to freeze assets belonging to crypto startup Blockvest based on alleged violations of securities laws. In a ruling dated Nov. 27, U.S. District Judge Gonzalo Curiel ruled that the SEC has not proven that Blockvest – or its founder… Read More »

FBI Arrests AriseBank CEO Over $4 Million Crypto Fraud

The FBI has arrested the CEO of cryptocurrency platform AriseBank after he was indicted over an alleged multi-million dollar scam. The new was announced Wednesday by the U.S. Attorney’s Office of the Northern District of Texas, which states that 30-year-old Jared Rice Sr. tricked hundreds of investors out of over $4 million and has now been charged with… Read More »

The 6 Big Takeaways From SEC Chair Clayton’s Crypto Remarks

The tea leaves were swirling Tuesday after Jay Clayton, chairman of the U.S. Securities and Exchange Commission, dropped some hints about what regulators in the United States will (and won’t) do in the crypto space in the coming months and years. Clayton gave a fireside chat in front of a packed room at CoinDesk’s Consensus: Invest event in Manhattan yesterday… Read More »

WATCH: SEC Chairman Jay Clayton’s Full Consensus: Invest Interview

What do you get when you put the chairman of the U.S. Securities and Exchange Commission (SEC) in front of an audience of crypto insiders? An applause line, a word of warning and an analogy about theater tickets. Jay Clayton took the stage Tuesday afternoon at the CoinDesk-organized Consensus: Invest conference in midtown Manhattan. In a lively conversation with investor… Read More »

US Regulators Tie Two Bitcoin Addresses to Iranian Ransomware Plot

The U.S. Department of the Treasury is officially adding crypto addresses to its individual sanctions list. The Treasury Department’s Office of Foreign Assets Control (OFAC) announced Wednesday that it was adding two Iran residents – Ali Khorashadizadeh and Mohammad Ghorbaniyan – to its Specially Designated Nationals list, and for the first time in the list’s history, bitcoin addresses… Read More »