Lending
BlockFi wins money services license in Iowa
The money services license will enable BlockFi to offer Iowa residents stablecoin trading services and instant fund transfers.
Jinia Shawdagor 2 min read
US News
SEC and CFTC actions, state policy, ETFs, startups, and nationwide crypto market trends.
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People
Rumors circulate that Celsius CEO Alex Mashinsky attempted to flee the U.S.
Twitter is awash with reports Mashinsky was stopped from leaving the U.S. However, at this stage, there are no confirmed reports of this happening.
Exchanges
Goldman Sachs says Coinbase may need to sack more workers; downgrades its stock rating to sell
Goldman Sachs predicts that Coinbase revenue could decline by 61% because of the current market conditions that have affected retail traders.
Latest US Crypto News & Analysis
Adoption
SEC Chairman Gary Gensler calls Bitcoin a commodity
The Chairman of the SEC said that Bitcoin is the only cryptocurrency he was ready to call a commodity.
Partnerships
NHL enters the NFT space partnering with Marketplace Sweet
The NHL partnership with Sweet will offer a variety of digital collectible experiences to its fans, tradable in the marketplace
Rumors
Goldman Sachs looks to buy Celsius’ assets for $2B as it is advised to file for bankruptcy
Goldman Sachs is seeking investors to raise $2B to buy Celsius assets if it files for bankruptcy following recent liquidity issues
Regulation
Cardano founder steals the show at Congressional hearing on crypto regulation
In front of a Congressional hearing, Hoskinson spoke cogently, and appeared relaxed, in making a case for more equitable regulatory treatment for the cryptocurrency industry.
Regulation
Proposed Gillibrand-Lummis crypto Bill uploaded to GitHub for recommendations
Senator Lummis has opined that the bill is seeking comments from industry stakeholders so that it can properly reflect the innovations in the crypto space.
Regulation
Max Keiser suggests corruption could be at play over SEC’s denial of spot Bitcoin ETF
Max Keiser suggests the SEC's stance on spot BTC ETFs boils down to a conflict of interest within the organization.
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Exchanges
Coinbase to launch Advanced Trade as a replacement for Coinbase Pro
Mining
US Senators call on OSTP to restrict PoW mining to zero-carbon energy sources
People
Experts say the crypto downturn shouldn’t affect the U.S economy
Exchanges