Author: American Coins & Gold

FalconX Settles With CFTC for .8M Over Failure to Register as Futures Commission Merchant
FalconX will pay $1.8 million to settle newly-announced charges from the Commodity Futures Trading Commission (CFTC) that the crypto trading firm violated commodities laws by failing to register as a futures commission merchant (FCM), according to a Monday announcement from the regulator.

Hong Kong Bitcoin and Ether ETFs See M Outflows on Monday: Farside Investors
Previous outflows hovered around the $6 million mark, signaling a significant uptick in negative flows on Monday.

Cautious Bitcoin Bounce to Face Inflation Data Hurdles Later This Week
The downtrend in inflation has stalled so far this year, putting in doubt the odds for any Fed rate cuts in 2024.

U.S. Senators Question Justice Department's Pursuit of Crypto Mixers
A bipartisan pair of U.S. senators is questioning Attorney General Merrick Garland about the “unprecedented interpretation” of law the Department of Justice (DOJ) is using to pursue cryptocurrency software services as unlicensed money-transmitting businesses.

‘We're Doing it, We Believe in it’: The Sandbox’s Nicola Sebastiani on Bringing Gaming to the Metaverse
The Chief Content Officer, who is speaking at Consensus this month, says 280,000 Sandbox users are now generating creating games and experiences on the platform.

Wolverine-Themed Meme Coins Flood Market Following RoaringKitty's Cryptic Post
A series of Wolverine-related meme coins has been minted on several networks after RoaringKitty, the personality behind the Gamestop meme stock frenzy, posted a video of the X-Men character on X.

GameStop's Halting Rally Has Crypto Howling

Crypto Howls as Circuit Breakers Restrain Red-Hot GameStop Rally

China's Digital Yuan Isn't Taking Off Despite State Employee Salary Trial: Report
Most of the early recipients immediately transfer the digital yuan balances to their bank accounts to spend as cash.

Bitcoin Miner Marathon In Talks With Kenya to Help With Its Green Energy Ambitions
Kenya’s President William Ruto also wants to build a regulatory framework for crypto, with Marathon’s help.