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U.S

The U.S. government moves $606,000 in bitcoin linked to the 2016 Bitfinex hack to Coinbase

The U.S. government moves $606,000 in bitcoin linked to the 2016 Bitfinex hack to Coinbase

2 months ago by Crypto InsightsCrypto

The U.S. government is active on the blockchain again, moving approximately $606,000 worth of bitcoin BTC$74,813.14 to Coinbase Prime. These are not just any coins. On-chain data suggests the transferred 8 BTC are linked to Ilya Lichtenstein, the man behind the decade-old hack of the… Read More

U.S. CFTC’s Selig says AI has helped make up for staffing cuts at key crypto watchdog

U.S. CFTC’s Selig says AI has helped make up for staffing cuts at key crypto watchdog

2 months ago by Crypto InsightsCrypto

The U.S. Commodity Futures Trading Commission is leaning into artificial intelligence and automation as it faces massive new oversight responsibilities, according to congressional testimony from Chairman Mike Selig, even as his agency’s workforce has declined significantly under the administration of President Donald Trump. About a… Read More

U.S. SEC says software allowing crypto wallet transactions not considered broker

U.S. SEC says software allowing crypto wallet transactions not considered broker

2 months ago by Crypto InsightsCrypto

The U.S. Securities and Exchange Commission said that software that sets up user interfaces allowing crypto securities to be transacted through individuals’ wallets won’t need to be registered and regulated as a broker. In the latest of the agency’s staff statements on crypto — now… Read More

U.S. March jobs smash expectations, with 178,000 added

U.S. March jobs smash expectations, with 178,000 added

3 months ago by Crypto InsightsCrypto

The U.S. employment market rebounded in a big way from February’s sizable losses. According to a Friday morning release from the Bureau of Labor Statistics, the country added 178,000 jobs in March, after losing 133,000 positions the previous month. Economist forecasts had been for 60,000… Read More

EDX Markets applies for U.S. trust charter to expand institutional crypto services

EDX Markets applies for U.S. trust charter to expand institutional crypto services

3 months ago by Crypto InsightsCrypto

EDX Markets, the crypto exchange backed by Citadel Securities, has applied for a national trust bank charter, marking a new step in its push to serve institutional clients. The exchange submitted its filing to the Office of the Comptroller of the Currency on Wednesday, according… Read More

U.S. rule change may open trillions in 401(k) funds to crypto

U.S. rule change may open trillions in 401(k) funds to crypto

3 months ago by Crypto InsightsCrypto

The U.S. Department of Labor has proposed a rule that would make it easier for 401(k) plans to include alternative assets such as cryptocurrencies, private equity and real estate. The proposal is in response to President Donald Trump’s executive order, released in August, which directed… Read More

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