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US
North Carolina House Unanimously Votes to Ban Digital Dollar Payments to the State
The House of Representatives of the U.S. state voted 118-0 to pass an amended version of a bill that initially sought to ban crypto payments.
Coinbase to Stop Issuing New Loans Via Coinbase Borrow
May 10 is the final day customers will be allowed to take out new loans through the program.
Bitcoin Rises as Latest Teetering U.S. Bank Sends Traders to Crypto Haven
California-based PacWest Bancorp is weighing strategic options, according to Bloomberg.
Ex-OpenSea Exec Convicted of Wire Fraud, Money Laundering in Insider Trading Case
Nate Chastain made approximately $50,000 by buying and trading non-fungible tokens with insider knowledge gained from his position at OpenSea.
Crypto’s Macro Drivers – It’s Not Just About Bitcoin
The macro outlook and why it matters for bitcoin and other crypto assets. An analysis by Noelle Acheson, CoinDesk’s former head of research.
Federal Reserve Raises Fed Funds Rate by 25 Basis Points, Signals Possible Pause
This latest move comes as the U.S. central bank battles stubbornly high inflation while dealing with a string of high-profile bank failures.
White House Pushes for Punitive Tax on Crypto Mining
The Biden administration is campaigning for a tax first sought in a recent federal budget proposal, advocating that crypto miners pay an amount equal to 30% of their energy costs.
Coinbase Opens Offshore Crypto Derivatives Exchange
Based in Bermuda, Coinbase International Exchange will not be open to U.S. traders.
Celsius Seeks to Merge UK, U.S. Entities Amid Allegations Distinction Was a ‘Sham’
Court filings urge the resolution of an issue, which could prove key to recoveries for customers and Series B investors.
IRS Hopes to Have New Crypto Operating Plan in '12-ish' Months, Official Says
Julie Foerster, the agency's point person for cryptocurrency taxation, also stressed a need for working with the community at Consensus 2023.
