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US
Bitso Processed $1B in Crypto Remittances Between Mexico and the US so far in 2022
The company hopes to capture 10% of global money transfers to the Latin American country by 2023, up from 4% earlier this year.
Inflation Unexpectedly Reaccelerated to 8.6% in May, Hitting a Fresh 4-Decade High
Bitcoin dipped about $500 on the news, trading around the $29,500 level in the minutes following the CPI report.
CFTC Chief Heaps Praise on Bill That Boosts Agency’s Crypto Reach
Chairman Rostin Behnam supports the contours of the Lummis-Gillibrand regulatory bill released this week.
Middle East Oil Producers Move Into Bitcoin Mining With Crusoe Energy Stakes
The U.S. startup – which uses flared natural gas to power bitcoin mining rigs – counts the sovereign wealth funds of Abu Dhabi and Oman as investors.
Madison Cawthorn Hit With US House Ethics Investigation Over Crypto Promotion
The probe, announced Monday, appears to be related to the “Let’s Go Brandon” meme coin.
Goldman Sees Little US Economic Impact From Lower Cryptocurrency Prices
The stock market decline has had a much larger effect on U.S. household net worth, the bank said.
Commerce Dept. Asks for Public Comments on Framework for US Crypto Competitiveness
The request is in response to President Biden’s executive order in March asking for agencies to coordinate their approach to digital assets.
US Treasury Official Warns Crypto Industry to Proactively Sanction 'Problematic' Wallets
FinCEN Associate Director Alessio Evangelista said crypto service providers shouldn't wait for the government to designate a wallet if it's being used for illicit activity.
Fed Vice Chair Pick and Ex-Ripple Adviser Tells Senators Crypto Needs Regulation
Former U.S. Treasury official Michael Barr fielded questions about crypto during his Senate nomination hearing.
Swiss ETP Issuer 21Shares Dives Into US Market With 2 Crypto Index Funds
The new funds are its first crypto products for U.S. customers and will only be available to accredited investors.
