US

Crypto Lender Celsius Network Says $70M Cash Relief Will Bolster Efforts to Survive the Year
The extra cash from loan repayments, previously believed to be in stablecoins, means a much needed boost for the cash-strapped lender.

US Job Growth Slowed in August; Bitcoin Gains
The report is one of the last major economic data points the Federal Reserve will see before its September monetary policy meeting.

Celsius’ Third Bankruptcy Hearing Yields Little in the Way of Customer Relief
The three-hour hearing was largely spent on a back-and-forth over whether custodial account holders will be able to get their money back.

FTX.US Derivatives Deepens Board With Addition of Ex-CFTC Commissioner
The hire comes as FTX has previously pitched the CFTC to directly clear customers' crypto swaps.

Crypto Lender Celsius Files to Return Custody Clients' Funds
Celsius said these funds are not part of the bankruptcy estate, unlike funds from Earn and Borrow clients.

5 Top Crypto Lawyers Join Law Firm Brown Rudnick’s Digital Commerce Practice
Well-known crypto lawyer Stephen Palley will co-chair Brown Rudnick’s Digital Commerce practice.

US Asked Binance for Documents Related to Money-Laundering Probe: Report
The request was made by federal prosecutors in late 2020.

Digital Dollar Project Plans to Explore CBDC Technical Solutions With New Sandbox
The nonprofit organization advocating for a U.S. central bank digital currency plans to work with crypto platforms like Digital Asset and Ripple to explore technical and policy aspects of a digital dollar.

Crypto Lender Celsius Faces Another Group of Customers Who Want Their Money Back
More than 60 of Celsius’ custodial-account holders petitioned a bankruptcy court to force the crypto lender to send them their funds back outside of the proceedings.

California Assembly Passes Crypto Regulation Bill That Requires Bank-Issued Stablecoins
The Digital Financial Assets Law, which is similar to New York’s BitLicense, has been criticized by industry stakeholders.

