Tag: US
Bitcoin: Redefining Ownership
This article is featured in Bitcoin Magazine’s “The Withdrawal Issue”. Click here to subscribe now. A PDF pamphlet of this article is available for download. The traditional [more…]
CFTC Files Complaint Against Voyager’s Former CEO Stephen Ehrlich Alleging Fraud and Registration Failures
By Cliff Histed, Cheryl Isaac, Eden Rohrer, and Josh Durham On 12 October, the Commodity Futures Trading Commission (CFTC) filed a complaint against Stephen Ehrlich, the former [more…]
How the NBA In-Season Tournament Works and Why It’s Great for Sports Bettors
The start of something new One of the headlines of the imminent return of NBA action is the addition of a brand-new in-season tournament, unlike anything known [more…]
NCAA Cites 175 Post-PASPA Sports Betting Violations in Response to US Congresswoman’s Letter
With a couple of days to spare, the NCAA has met a deadline set by US Rep. Dina Titus (D – Nev.) to respond to her questions [more…]
SDNY Rules Ripple’s XRP token is NOT a Security
By Andrew Hinkes and Eden Rohrer On July 13, 2023, in a long awaited decision in Securities and Exchange Commission v. Ripple Labs, Inc., Bradley Garlinghouse and [more…]
SEC’s Stunning Enforcement Actions against Binance and Coinbase
By Drew Hinkes, Cliff Histed, Judie Rinearson, Eden Rohrer, Max Black In a stunning move, over the last two days, the Securities and Exchange Commission (“SEC”) has [more…]
CFPB Raises Alarms Without Providing All the Facts
By Judie Rinearson and Jeremy McLaughlin The Consumer Financial Protection Bureau’s (CFPB) recent Consumer Alert was certainly well intentioned. Many consumers (including the authors) who hold funds [more…]
Does your Marketplace need to be “INFORM-ed” by June 27th? The New INFORM Consumers Act Could Significantly Impact Online Marketplace Operations
By John ReVeal, Judie Rinearson, and Katie Staba The Integrity, Notification, and Fairness in Online Retail Marketplaces for Consumers Act (the “INFORM Consumers Act” or “Act”) (https://www.congress.gov/117/bills/s936/BILLS-117s936is.pdf [more…]
De-Risking or Decoupling? China- US Bilateral Trade Falls More Than 10% This Year
Analysts have criticized the new ‘de-risking’ strategy that the U.S. is currently using against China, explained by U.S. National Security Advisor Jake Sullivan in April, clarifying that [more…]
IRS, Chainalysis Helping Ukraine Track Russians Using Crypto to Evade Sanctions
The U.S. Internal Revenue Service (IRS) said it’s working closely with Ukraine to help it trace crypto transactions of Russian sanctions evaders. The agency is providing the [more…]
Binance Reportedly Investigated in US for Russia Sanctions Violations
Cryptocurrency exchange Binance is facing a U.S. probe over suspected violations of sanctions against Russia, according to a media report. The inquiry is looking into whether the [more…]
VSO Analysis: Are US Gaming Execs Right to Be Pessimistic Despite Record Momentum?
Execs have their say A recent American Gaming Association (AGA) survey revealed that while the US gambling sector may be going through a period of unparalleled growth, [more…]
US Commercial Gaming Revenue Hit Historical $5.12 Billion in February
The U.S. commercial gaming operations started the year with full steam to continue the growth in February. According to AGA’s Commercial Gaming Revenue Tracker, the U.S. gaming [more…]
French President Emmanuel Macron on Taiwan: ‘Being an Ally Does Not Mean Being a Vassal’
French president Emmanuel Macron has decided to double down on his strategic autonomy policy thesis, declaring that Europe should not be forced to side with Beijing or [more…]
NFA Imposes New Compliance Obligations on Members Engaged in Digital Asset Commodity Activities
By Clifford C. Histed and Cheryl L. Isaac Last week, after years of silence on the issue of digital asset regulation, the National Futures Association (“NFA”) promulgated [more…]
Onecoin Head of Legal and Compliance Charged for Role in Crypto Pyramid
Authorities in the U.S. have announced charges against a former Onecoin executive for her alleged role in the notorious crypto pyramid scheme. Bulgarian national Irina Dilkinska, who [more…]
CFTC Chair Asserts Jurisdiction Over Fiat-Based Stablecoins
By Cheryl L. Isaac and Maxwell J. Black Last week, Commodity Futures Trading Commission (“CFTC”) Chair Rostin Behnam asserted that fiat-based stablecoins (such as USD Coin (USDC), [more…]
US Crypto Holders Trust Banks and Exchanges for Custody
A recent survey conducted by Paxos has shown that American crypto holders still trust intermediaries such as banks, crypto exchanges, and mobile payment apps to hold their [more…]
In a Rare Decision On Abandoned Property Law, The US Supreme Court Rules Against Delaware
By Judie Rinearson, Jennifer Crowder, and Jeremy McLaughlin On February 28, 2023, the US Supreme Court issued its decision in the abandoned property lawsuit, Delaware v. Pennsylvania [more…]
Briton Wanted by US for Advising North Korea on Crypto Arrested in Russia
A British national wanted with a red notice from Interpol for consulting North Korea on cryptocurrencies has been detained in Moscow. U.S. authorities allege that the man [more…]
Crypto Platform Kraken Pays $30 Million and Ceases Staking Services to Settle SEC Charges
By Drew Hinkes, Carly Howard, and Judie Rinearson The Securities and Exchange Commission (SEC) announced a settlement with the digital assets/cryptocurrency exchange Kraken whereby Kraken agreed to [more…]
