Binance Lawsuit Transferred Under “First-to-File” Rule
TL;DR A U.S. judge has moved Binance’s money laundering lawsuit from Washington to Florida’s Southern District using the “first-to-file” rule. By consolidating similar claims—including one...
Tag : united states
Coinbase Was Sued in Oregon for Selling Unregistered Cryptocurrencies
TL;DR Oregon Attorney General Dan Rayfield sued Coinbase for promoting and selling unregistered cryptocurrencies. The lawsuit states that Coinbase favored practices like “pump-and-dump” schemes, affecting...
Arthur Hayes Warns the Fed Faces a Critical Dilemma Amid Market Turmoil
TL;DR Arthur Hayes warns that rising yields alongside falling stocks reflect a critical imbalance in the financial economy. The market anticipates rate cuts in May...
Bitcoin Holds Above $80,000 as Stock Market Plunges
TL;DR Bitcoin held above $80K despite the stock market crash; the Nasdaq and S&P 500 indices fell more than 8% in just two days. Analysts...
Rhode Island Pushes Pro-Bitcoin Bill for Tax Exemption
TL;DR Rhode Island moves forward with Bill S.0451, which proposes exempting up to 10 monthly Bitcoin transactions under $1,000 from state capital gains tax. The...
Paul Atkins Vows to Make Crypto Rules Top SEC Priority
TL;DR Crypto Regulation Focus: Paul Atkins, SEC chair nominee, pledges to prioritize clear and rational rules for the digital asset industry, departing from enforcement-heavy policies....
Ripple Settles with SEC: A Landmark Resolution in Crypto Regulation
TL;DR Legal Closure: Ripple settles its four-year SEC battle with a reduced fine, maintaining its stance that XRP is not a security. Key Settlement Terms:...
Bitcoin Could Thrive in a U.S. Recession, According to BlackRock
TL;DR Robbie Mitchnick from BlackRock suggested that a recession in the U.S. could be a positive catalyst for Bitcoin due to factors like increased fiscal...
Ripple Achieves Historic Victory: The SEC Drops Its Lawsuit
TL;DR The SEC drops its lawsuit against Ripple, ending a four-year-long legal battle and setting an important legal precedent regarding the classification of XRP. Brad...
Bill Will Allow North Carolina to Invest in Bitcoin
TL;DR North Carolina has taken a historic step in adopting Bitcoin as a state asset. The SB327 bill, introduced on Tuesday, will allow the state...