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The US Federal Reserve intends to sue popular cryptocurrency magazine Bitcoin Magazine for selling merchandise parodying the recently launched FedNow payment system.

As per the latest insights from Matrixport, the crypto market has officially entered its bullish phase, starting June 22, 2023, largely due to expectations of institutional adoption.

With the increasing yield of long-term treasury bonds, Jerome Powell of the US Federal Reserve has suggested a potential pause in boosting the interest rate.

While delivering his speech at New York's Economic Club, Jerome Powell, the chairman of the US Federal Reserve, was interrupted and escorted out due to protesting climate activists. Their slogan of choice? "Off fossil finance Jay."

Coinbase, the American cryptocurrency exchange, has made the decision to delist 80 trading pairs that are not tied to the US dollar (including USDT) in an effort to enhance liquidity on its platform.

On October 6, 2014, the first-ever USDT transaction took place, marking the beginning of this stablecoin's journey. Since then, USDT has weathered its fair share of FUD (Fear, Uncertainty, Doubt). However, it's worth noting that USDT has also had several instances where it temporarily lost its peg to the US dollar.

Ukraine's law enforcement officers are leveling up with cryptocurrency training, thanks to a collaboration between tax authorities from the US, UK, and Netherlands. This initiative aims to boost their skills in handling decentralized assets, detecting illicit transactions, and curbing tax and sanctions evasion. “Knowledge sharing is one of the priorities within these international partnerships and can contribute to greater know-how to counter cybercrime,” said the director general of the Dutch Fiscal Information and Investigation Service.

Kenya’s interior cabinet secretary Kithure Kindiki stated that individuals attempted to exit the country but were detained. However, the U.S. government stepped in, asserting they should be permitted to depart since they hadn’t been formally convicted of any wrongdoing. The U.S. further promised to ensure their return if needed for legal proceedings. The committee probing Worldcoin has until September 28 to submit its findings. It’s interesting to note that last week, Sam Altman was seen in a private meeting with Kenya’s President William Ruto and some other individuals.

The developers of the SafeMoon project, against which US law enforcement authorities opened a criminal case and arrested the CEO, promised to continue working on the platform.

An alliance of 40 countries led by the US is on the verge of signing a document pledging not to ransom cybercriminals.

The agency highlights that entities like HAMAS and other terrorist groups employ these mixers for illicit activities. This designation acts as a form of sanction, with stringent reporting requirements for any associated financial transactions.

According to a recent study by 21.co, the US government holds more than 194,000 BTC, valued at over $5 billion, making it one of the largest Bitcoin owners.

Coinbase has voiced major reservations about the tax guidelines put forth by the US Internal Revenue Service (IRS).