U.S.


Policy

Crypto Lender BlockFi Ordered by U.S. Court to Withdraw Communication on Unapproved Reorganization Plan

A U.S. bankruptcy court ordered the estate to issue a letter saying that statements relating to a May 13 disclosure were not authorized, and that it was not allowed to solicit support for a reorganization plan at the time.

BlockFi CEO Zac Prince at Consensus 2019 (CoinDesk)

Policy

Europe ‘Ahead of the Game’ in Web3 After MiCA Law, U.S. House Finance Chair Says

Rep. Patrick McHenry is seeking to push his own stablecoin bill through Congress, but faces criticism from Democrats.

U.S. Rep. Patrick McHenry (CoinDesk TV)

Policy

Do Kwon Extradition Sought by U.S., South Korea, Montenegro Justice Minister Says

Marko Kovac said the Terraform Lab founder's extradition proceedings would follow a criminal proceeding for ID document forgery.

Terra Community AMA with Do Kwon (April 2021)  (Terra, modified by CoinDesk)

Consensus Magazine

US Crypto Firms Eye Overseas Move Amid Regulatory Uncertainty

Citing an ongoing regulatory crackdown, crypto companies are considering shifting to more favorable jurisdictions. Jeff Wilser reports.

Dubai is one of the jurisdictions that could benefit if crypto companies leave the U.S. (shutterlk/Shutterstock)

Policy

U.S. Senate’s Warren Calls for Crackdown on ‘Sham’ Crypto Audits

The senator and her Democratic colleague Ron Wyden asked the U.S. auditing watchdog to rein in bogus audits in the digital assets sector.

Senator Elizabeth Warren (Leigh Vogel/Getty Images)

Policy

Crypto Sector’s Reserve Reports Can’t Be Trusted, Says U.S. Audit Watchdog

Proof-of-reserve reviews aren’t audits, says the Public Company Accounting Oversight Board, and investors shouldn’t count on them.

(Krisanapong Detraphiphat/Getty Images)

Finance

Crypto Miner CleanSpark Extends Bear-Market Strategy, Buying 20K of Bitmain's Newest Rigs

The Bitmain Antminer S19j Pro+ machines will increase CleanSpark's computing power by 37%.

Work is underway for CleanSpark's expansion in Washington, Georgia. (CleanSpark)

Policy

Sen. Ted Cruz Wants Capitol Hill Vending Machines to Accept Crypto

If the Texas senator's resolution is passed, his congressional colleagues and Capitol Hill visitors will be able to buy some Pringles with bitcoin while burning the midnight oil.

Sen. Ted Cruz at the Iowa State Fair on Aug. 21, 2015, in Des Moines, Iowa. (Scott Olson/Getty Images)

Policy

FINRA Targets Crypto Communications After FTX Collapse

The U.S. self-regulatory body is gathering information on crypto marketing practices between July and September of this year to potentially inform a regulatory response.

(Austin Distel/Unsplash)

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