Bankruptcy
Genesis seeks 100-day extension for recovery plan as DCG misses $630M payment
Gemini said it was ready to work with Genesis to advance a restructuring plan without DCG's participation.
Oluwapelumi Adejumo 2 min read North America News
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Oluwapelumi Adejumo 2 min read 
Wallets
MetaMask firm counters FUD, says it doesn’t collect taxes from wallet users
ConsenSys said that it only collects sales taxes certain other paid services.
Politics
Biden opposes agreement that could protect “tax cheats and crypto traders”
The Biden administration previously said that cutting tax loopholes could save $18 billion despite competing proposals from the Republican party.
More North America Crypto News & Analysis
Crime
DOJ charges Nevada man involved in $45M CoinDeal crypto scheme
Bryan Lee worked closely with founder Neil Chandran to misappropriate funds.
Legal
Paradigm argues against New York’s attorney general classification of Ethereum as securities
Crypto investment firm Paradigm argued that Ethereum tokens cannot be classified as securities because they are "just software."
Regulation
US lawmaker introduces bill to clarify digital assets classification
Congressman Emmer said the new bill provides market certainty for innovators and clear jurisdictional boundaries for regulators.
Regulation
Highlights from Financial Service Committee hearing on stablecoins
Lawmakers said they want to support stablecoins as a recognized payment method - however, the committee hearing highlighted a huge gap in lawmakers' understanding of the technology.
Regulation
Coin Cafe surrenders $4.3M to New York AG over exorbitant fee structure
Investors will collectively receive $508,000 after being charged thousands in fees.
Regulation
CFTC doesn’t have authority to regulate cash crypto markets, chairman says
However, the agency will regulate crypto assets that it considers commodities.
Latest North America Crypto News Headlines
Tokenization
Filecoin Foundation rejects SEC’s classification of FIL as security
Bankruptcy
FTX sues SBF, others over ‘worthless’ fintech company acquisition
Regulation
Ripple CEO points to regulatory confusion as US crypto firms seek growth elsewhere
Bankruptcy