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US Government News

The US government is a system of public administration in the USA that was established with the adoption of the Constitution in 1787. In terms of Bitcoin, the US government shows its interest in blockchain technology and its development. However, the US government’s view on Bitcoin still remains unclear as the regulation of digital currency hasn’t been created yet and now cryptocurrency is considered simply to be a digital asset rather than an official means of payment. The main concern of authorities is not the use of virtual money, but the possibility of avoiding taxes, money laundering and supporting terrorism as the effective, but traditional ways to prevent all of this doesn’t work with cryptocurrencies as well as it does with fiat currencies.

Top News

Is Dogecoin set to follow Shiba Inu’s (SHIB) 400% breakout?

'Much ow' ahead? Dogecoin chart fractal puts Shiba Inu's 390% QTD rally in danger

Shiba Inu rebounds 40% despite major selling by SHIB whales

One currency to rule them all: Facebook’s Diem has global ambitions

Shiba Inu is now a top-20 cryptocurrency with SHIB price soaring 300% in 9 days

The Justice Department's November 2020 suit has reversed the planned merger.

Visa abandons $5.3B Plaid acquisition in the face of DoJ antitrust suit

2021-01-12T21:50:15+00:00

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Gensler taught a course on "blockchain technology's potential use — by entrepreneurs and incumbents — to change the world of money and finance."

Reuters: Gary Gensler, MIT blockchain professor and Obama's CFTC chair, to head Biden SEC

2021-01-12T20:35:02+00:00

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Brooks is optimistic that regulators will find it easier to work with algorithms than with bankers.

OCC's Brian Brooks thinks that DeFi can root out bias and fraud in traditional banking

2021-01-12T17:07:25+00:00

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New Year Special

From capping off the era of ICOs to tightening regulations on private wallets, U.S. financial watchdogs waded deeper into the crypto land than ever in 2020.

Seven times that US regulators stepped into crypto in 2020

2021-01-12T14:13:01+00:00

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More state regulators are gunning for the OCC and Brian Brooks, this time over usury laws and predatory lending.

States sue the OCC and Brian Brooks for overriding their controls on predatory lending

2021-01-05T20:33:00+00:00

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The latest from the Treasury's most crypto-forward office says that national banks don't have to fear stablecoin nodes.

OCC greenlights national banks to run nodes and stablecoin networks

2021-01-04T23:37:00+00:00

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It looks like crypto stakeholders turned out in force, despite the Treasury's best efforts to evade scrutiny.

With 6 hours left, Treasury logs almost 6000 comments on crypto monitoring proposal

2021-01-04T23:00:00+00:00

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As many in the crypto industry have said, 15 days over the holidays is just not enough time to respond.

Congresspeople chastise the Treasury for rushing new crypto monitoring proposal

2021-01-01T15:05:24+00:00

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