Tag Archives: Cryptocurrency

President Donald Trump’s push to reshape cryptocurrency regulation suffered a major setback Tuesday when the Senate blocked a procedural motion to advance a sweeping crypto market-structure bill, leaving the industry’s long-sought legislative framework stalled on Capitol Hill. The Digital Asset Market Clarity Act, known as the Clarity Act, received 49 …

President Donald Trump reported earning more than $1.4 billion from cryptocurrency-related ventures during the first year of his second term, according to a sweeping financial disclosure released Tuesday that also revealed extensive investments, licensing deals and other business interests. The 927-page disclosure filed with the U.S. Office of Government Ethics …

President Donald Trump said he does not know Changpeng Zhao, the billionaire founder of the cryptocurrency exchange Binance whom he pardoned last month, dismissing concerns that the move was tied to his sons’ growing crypto business. “I don’t know who he is,” Mr. Trump said in a “60 Minutes” interview …

President Donald Trump on Friday signed the GENIUS Act, the first major federal legislation regulating cryptocurrency, marking a pivotal moment for the fast-growing industry and setting the U.S. on a path to become, in Trump’s words, “the crypto capital of the world.” The bill, which focuses on the regulation of …

The Department of Justice has recovered about $2.3 million in Bitcoin that was paid as ransom to hackers of Colonial Pipeline. The ransomware attack shut down the East Coast pipeline last month. East Coast pipeline paid a $4.4 million ransom to Darkside, a Russian-based cybercriminal group, to regain access to …

A former associate of Republican Representative Matt Gaetz, Joel Greenberg, has made a deal with federal prosecutors to reduce his criminal case and provide information to investigators. Joel Greenberg, a former Seminole County, Florida, tax commissioner, who was looking at being behind bars for decades on 33 federal counts that ranged …