US


Policy

Crypto-Mixing Service Tornado Cash Blacklisted by US Treasury

The department barred its use by U.S. persons as a matter of national security because North Korean hackers allegedly use the mixer to launder stolen crypto funds.

(Shutterstock)

Markets

US Adds 528K Jobs in July, More Than Doubling Estimates; Bitcoin Dips

Investors are likely to expect the Federal Reserve to continue aggressively hiking interest rates in response.

(YinYang/Getty)

Finance

BTC-e Operator Alexander Vinnik Has Been Extradited to the US

The news comes weeks after U.S. authorities called off their previous extradition request, thereby paving the way for Vinnik to be brought to the U.S.

Alexander Vinnik (Shutterstock)

Finance

Fairfax County Pension Fund Invests $70M in Crypto Yield Farming Funds: Report

The Virginia pension fund has a series of crypto investments dating back to 2019.

Reston, Virginia, Fairfax County (Gerville/iStockphoto/Getty Images)

Finance

Coinbase Asks US Supreme Court to Halt Lawsuits Connected to Scams and Dogecoin: Report

The exchange seeks to send the cases to arbitration after federal trial judges earlier rejected such requests.

(Leon Neal/Getty Images)

Markets

What Is the Definition of ‘Recession?’ And Does Bitcoin Care?

The "two quarters" standard is simple, but the definition by the National Bureau of Economic Research gives policymakers much-needed wiggle room. For bitcoin, the semantics don't matter.

(ZargonDesign/Getty Images)

Markets

Janet Yellen Sees No Recession, Calls US Economy ‘Exceptionally Strong’

The Treasury Secretary stressed job growth during a press conference after the release of 2Q GDP data.

U.S. Treasury Secretary Janet Yellen at Thursday's press conference discussing GDP data. (Win McNamee/Getty Images)

Markets

Federal Reserve Hikes US Interest Rate by 0.75 Percentage Point

The latest monetary policy decision from Federal Open Market Committee brings the federal funds rate to a range of 2.25%-2.5%. Bitcoin's price was little changed after the announcement.

Federal Reserve chair Jerome Powell at a press conference on July 27th in Washington D.C. (Source: Federal Reserve)

Policy

US Senators Push Bill to Make Small Crypto Transactions Tax-Free

The top Republican on the Senate Banking Committee joined Democrat Kyrsten Sinema in legislation to exempt transactions of less than $50.

Sen. Pat Toomey (R-Pa.) (Suzanne Cordeiro for CoinDesk)