US

Ex-OpenSea Exec Convicted of Wire Fraud, Money Laundering in Insider Trading Case
Nate Chastain made approximately $50,000 by buying and trading non-fungible tokens with insider knowledge gained from his position at OpenSea.

Crypto’s Macro Drivers – It’s Not Just About Bitcoin
The macro outlook and why it matters for bitcoin and other crypto assets. An analysis by Noelle Acheson, CoinDesk’s former head of research.

Federal Reserve Raises Fed Funds Rate by 25 Basis Points, Signals Possible Pause
This latest move comes as the U.S. central bank battles stubbornly high inflation while dealing with a string of high-profile bank failures.

White House Pushes for Punitive Tax on Crypto Mining
The Biden administration is campaigning for a tax first sought in a recent federal budget proposal, advocating that crypto miners pay an amount equal to 30% of their energy costs.

Coinbase Opens Offshore Crypto Derivatives Exchange
Based in Bermuda, Coinbase International Exchange will not be open to U.S. traders.

Celsius Seeks to Merge UK, U.S. Entities Amid Allegations Distinction Was a ‘Sham’
Court filings urge the resolution of an issue, which could prove key to recoveries for customers and Series B investors.

IRS Hopes to Have New Crypto Operating Plan in '12-ish' Months, Official Says
Julie Foerster, the agency's point person for cryptocurrency taxation, also stressed a need for working with the community at Consensus 2023.

South African Mirror Trading's CEO Fined $3.4B by U.S. in Bitcoin Forex Fraud Case
The founder of bitcoin pool operator MTI was charged with fraud last year for running an unlicensed commodity pool scheme.

SEC Is Alleging Legal Violations ‘On the Fly,' Coinbase Says
The SEC last month warned the crypto exchange it may pursue an enforcement action.

SEC Chairman Gensler Releases Another Video Dig at Crypto Industry
The regulator made an investor-education video arguing that digital-assets businesses haven't complied with securities laws.

