Cryptocurrency
Cryptocurrency
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The company behind the digital coin Hydro and a crypto market-making firm tried to artificially inflate the token's price after it was offered through a so-called airdrop, according to the Securities and Exchange Commission.
September 29 -
A House proposal to restrict stock ownership and trading by members of Congress, the president and vice president, Supreme Court justices and other high-ranking government officials is mired in Democratic infighting, threatening supporters' hopes for a pre-election victory.
September 28 -
Republicans from the Senate Banking and House Financial Services committee argue the crypto bank should have been granted access to the Fed's payment systems, warn of 'dangerous precedent' on state banking regulation.
September 28 -
Celsius Network Chief Executive Alex Mashinsky, who founded the embattled crypto startup and served as pitchman for the sky-high yields it promised to its thousands of investors, is stepping down as the company works its way through bankruptcy.
September 27 -
During a panel discussion with other central bankers, the Federal Reserve chair weighed in on digital currencies, public and private alike. He also called on Congress to pass authorizing legislation of digital-asset regulation.
September 27 -
The JPMorgan Chase CEO didn't mince words when a U.S. lawmaker mentioned the executive's history of criticizing cryptocurrencies.
September 22 -
The product of bipartisan negotiations reviewed by American Banker gives nonbanks the all-clear to issue stablecoins, but keeps the licensing powers with the Federal Reserve and bars algorithmic stablecoins for two years.
September 20 -
The saga over cryptocurrency regulation took another twist courtesy of a comment buried in a Securities and Exchange Commission lawsuit that hints at a case for U.S. jurisdiction over the ethereum blockchain.
September 20 -
A new Treasury Department request for comment invites the public to weigh in on how cryptocurrencies are used in illegal activities. It's part of the Biden administration's larger push to create a regulatory framework for digital assets.
September 19 -
The cryptocurrency firm Ripple Labs sought to defeat a Securities and Exchange Commission suit by claiming that its XRP token isn't a security subject to the regulator's authority.
September 19