Yugocean USA

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Anti-crypto lawmakers call for tighter crypto laws on the excuse of Hamas

19 Oct 2023 1 minute read 5 comments Yugocean

     The Israel v Hamas war is used by anti-crypto lawmakers like Elizabeth Warren, Brian Nelson, etc. to increase pressure against crypto.   Anti Crypto Lawmakers wrote to Biden      Over a hundred US Democrat lawmakers have stated that crypto was...

SEC fighting against itself

7 Oct 2023 1 minute read 4 comments Yugocean

     The US SEC has become a desperate agency, and in desperation, it is knowingly overstepping its bounds, which could be bad not only for Gary but for the agency as a whole. Loss against crypto      Ever since the Hinman Speech came out, the SEC h...

Valkyrie starts Ethereum Futures ETF

29 Sep 2023 1 minute read 8 comments Yugocean

     Nashville-based asset manager Valkyrie Investment starts the first Ethereum Futures ETF (Exchange-Traded Fund), opening up new ways for crypto in Wall Street and SEC madness. Crypro Attractiion of Wall Street      After BTC ETF, the ETH ETF is...

Solana co-founder Anatoly Yakovenko bats for perfect regulations

19 Sep 2023 1 minute read 4 comments Yugocean

     Solana co-founder Anatoly Yakovenko urged the US Congress to understand blockchain and enact appropriate regulations. Regulations for the American Crypto Industry      Bitcoin was created for economic freedom, so asking for regulation is not i...

SEC strikes the sinking Binance US

16 Sep 2023 1 minute read 3 comments Yugocean

     The SEC accuses Binance US of using its unregistered custody arm, Ceffu, to move assets overseas; this has hit Binance hard this time.   Question on Ceffu and Custody      Ceffu is a custody and liquidity subsidiary of an EU-registered entity,...

FTX will liquidate its digital assets to pay creditors

14 Sep 2023 1 minute read 2 comments Yugocean

     The SBF trail will begin in October, before which FTX has received permission from the US Court to liquidate a large stock of its crypto treasury. FTX will liquidate a large part of its treasury      FTX updated its Chapter 11 filing to includ...

US Court gave strong message by dismissing lawsuit against Uniswap

1 Sep 2023 1 minute read 4 comments Yugocean

     Judge Katherine Polk Failla, the federal judge of the South District of New York court, has dismissed a class action lawsuit against Uniswap, this will create  more changes. Decentralised platform is Not Guilty      The lawsuit charged Uniswap...

Upheaval in US politics after Grayscale's victory over the SEC

31 Aug 2023 1 minute read 1 comment Yugocean

     The United States Securities and Exchange Commission has tasted a big defeat in the Grayscale lawsuit, and this has profided fodder to the United States Politics. US presidential candidates turn bullish on bitcoin      Crypto has already influ...

New US crypto tax will exempt mining but cover the entire crypto industry

27 Aug 2023 1 minute read 5 comments Yugocean

       The US is preparing to make a major change in its tax policies regarding crypto to deal with the problem of keeping crypto in the tax category. Tax Net against Economic Freedom        Through the 2021 Infrastructure Investment and Jobs Act,...

Outrage in the Crypto World Over Lawsuits Against Tornado Cash Co-Founders

24 Aug 2023 1 minute read 4 comments Yugocean

     The US Department of Justice and the Department of Treasury charged Tornado Cash's co-founders, Roman Storm and Roman Semenov, with lawsuits in SDNY court, bringing uphue in the crypto world. Tornado cash crackdown      The US government charg...