#us

JPMorgan bank analysts suggest that the US Department of Treasury's Office of Foreign Assets Control (OFAC) may wield certain influence over Tether, the issuer of the USDT stablecoin. For example, it could enforce compliance with sanctions and restrictions regarding various projects, individuals, and nations.

Belarusian-Latvian entrepreneur Aliaksandr Klimenka was apprehended on December 21, 2023, in Latvia by US authorities. He now faces charges of money laundering conspiracy and operating the unlicensed cryptocurrency exchange BTC-e.

Crypto enthusiast Preston Pysh has scrutinized the recent proposals by the Financial Crimes Enforcement Network (FinCEN) aimed at tracking all cryptocurrency transactions. He contends that these rules are in conflict with several US laws and the Constitution, and they do not align with the traditional scope of bank transfers.

US Space Force Major Jason Lowery advocates for the U.S. Defense Innovation Board to explore Bitcoin's Proof-of-Work transaction validation mechanism as a tool to fortify national security.

The regulator is investigating whether the platform possesses a mechanism to potentially control customer assets, similar to FTX.

In an audacious move amidst the US export restrictions on high-performance chips, Chinese tech enterprises have started to deconstruct Nvidia RTX 4090 graphics cards to repurpose their parts for artificial intelligence systems.

The US Internal Revenue Service (IRS) has brought on board two former cryptocurrency company employees as consultants to aid in crafting the definitive tax regulations for digital assets. This move will impact all crypto businesses, including exchanges and brokers, requiring them to report all transactions per client.

The Financial Supervisory Service of South Korea (FSS) intends to meet with business representatives and the US Securities and Exchange Commission (SEC) to gather detailed information about Bitcoin ETFs. These plans were announced by the FSS Governor, Lee Bok-hyun, during a presentation in Seoul outlining his action plan for the near future.

JCapital Research analysts have issued a warning about the potential for a significant drop in Hut 8 Mining Corp (HUT) shares, citing possible involvement in fraudulent schemes like Pump & Dump. This alert is primarily based on the company's recent acquisition of US Bitcoin (USBTC) and the ensuing merger.

It's election time. In 2024, US citizens will be heading off to polling to choose the new leader of the country, which will likely feature a standoff between the former president Donald Trump and the incumbent Joe Biden.

The unemployment rate in the US for November fell from 3.9% to 3.7%, defying expectations that it would stay the same.

In the US, crypto industry lobbying is on the rise, with expenditures reaching $19 million in just the first three quarters of the year, surpassing the previous year's total. In 2022, the total lobbying budget reached $22 million, with FTX contributing significantly.

CZ has opposed the US government’s efforts to block his return to the UAE to be with his family while awaiting sentencing following his guilty plea.