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Circle Readjusts USDC Reserve Portfolio To Avoid Falling Into US Default Risk

Circle had adjusted its USDC-backed reserve portfolio to support short-term US Treasuries, which avoids the possibility of breaching the US…

2 years ago

US President Calls To Eliminate Tax Loopholes For Wealthy Crypto Investors

US President Joe Biden has called for an end to unspecified crypto tax regulations that can be used to circumvent…

2 years ago

Coinbase CEO Affirms Not Quitting US Market Despite Legal Uncertainty

Coinbase has yet to relocate its operations outside of the country, CEO Brian Armstrong told investors during a Q1 earnings…

2 years ago

Binance US Voyager Acquisition Agreement Gained US Government Approval

The Voyager Unsecured Creditors Committee (UCC) and the US government have reached a resolution authorizing the planned redemption of Binance…

2 years ago

Bittrex Was Targeted By The SEC Before The US Crash

The SEC's enforcement team informed Bittrex in March that the agency would propose that it suits the company for purported…

2 years ago

US House Committee Publicizes Potential Stablecoin Bill Of 2023

The US House Financial Services Committee unveiled a draft of a potentially historic stablecoin bill that calls for studying a…

2 years ago

Binance US Looking For New Banks To Accept Deposits From Its Customers

Citing people familiar with the matter, Binance's US subsidiary, Binance US, is having a hard time finding a bank willing…

2 years ago

Robinhood Agrees To Settle $10.2 Million Fine For US States

Following an investigation by seven state securities authorities on the company's platform breakdowns in March 2020, which harmed "main street…

2 years ago

Tether Denies Using Signature Bank To Remit US Customers’ Money To The Bahamas

According to Bloomberg News, stablecoin issuer Tether used Signature Bank to transfer U.S. dollars from the United States to the…

2 years ago

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