Crypto News
U.S. Banking Regulator OCC Lifts Enforcement Order From Anchorage Digital
Anchorage Digital has moved out from under its U.S. banking regulator's order that it institute a compliance program to protect against money-laundering abuses, with the Office of the Comptroller of the Currency (OCC) announcing the removal of the cease-and-desist order originally issued in 2022."The OCC believes that the safety and soundness of the bank and its compliance with laws and regulations does not require the continued existence of the order," it said in the termination announced on Thursday.Anchorage Digital CEO Nathan McCauley, who has emerged as a high-profile representative of crypto interests in Washington, framed the enforcement action as regulatory "feedback" in celebrating its removal. "We received — and have now resolved — feedback from regulators as we set the...
Myriad Moves: How Rich Will Bitcoin Creator Satoshi Get? And What’s Next for Kanye West’s Crypto?
Myriad Market’s top markets include those on Bitcoin creator Satoshi Nakamoto's wealth and next moves for Ethereum and Kanye West's coin.Source link
Fed’s Hammack Says ‘No’ to Rate Cut; Bitcoin Slips to Session Low Below $113K
Markets are quickly recalibrating previously lofty odds of an imminent rate cut as the jets touch down in Jackson Hole for the Kansas City Fed's Economic Symposium.The current data does not make the case for a September ease, said Cleveland Fed President Beth Hammack, speaking with Yahoo News in Wyoming."We have inflation that’s too high and has been trending upwards over the past year," she said. "If the meeting was tomorrow, I would not see a case for reducing interest rates."She further argued that inflation numbers are only beginning to show the impact of tariffs and that the full effect wouldn't be seen until next year.Hammack's comments are notable, showing Fed Chair Jerome Powell continues to have plenty of support...
Smarter Web Taps Bitcoin Analyst Jesse Myers as Treasury Strategy Chief
Myers developed the BTC valuation model that inspired Michael Saylor to adopt a Bitcoin treasury playbook at Strategy.Source link
Bitcoin Derivatives Show $81B Futures Open Interest as Price Holds Near $113K
Bitcoin traded between $112,800 and $113,200 per coin from 9 to 11 a.m. Eastern on Aug. 21 as derivatives metrics showed steady open interest and heavier put activity over the past 24 hours. Futures Positioning Builds Across Venues; Binance and Bybit Trail CME Total bitcoin futures open interest (OI) stood at 711.18K BTC, equal toSource link