Area District Of Columbia Financial News

National Hispanic Heritage Month began on Friday, September 15, a number of cultural programs celebrating Latino art and culture were held across the country. It is held every year from September 15 to October 15, to recognize the contributions of Hispanic Americans. Prior to National Hispanic Heritage Month, there was Hispanic Heritage Week. President Lyndon Johnson recognized it as a month of holiday for the first time in 1968.

In a major development, the United States Securities and Exchange Commission (SEC) is set to make public some confidential documents in its ongoing case against Binance US. 

Observers should soon get a look at least some of the sealed documents in the United States Securities and Exchange Commission’s (SEC) case against Binance. The documents were sealed at the SEC’s request with the agreement of both sides, and are being unsealed at the request of the SEC itself.

Joe Biden's son Hunter Biden on Thursday was criminally charged of deceiving a gun dealer into selling him a firearm. He is charged with three criminal counts related to lying about the fact he was using illegal drugs at that time, which would have banned him under the law from owning a firearm. The was filed at the U.S.

Two more top executives are leaving Binance.US, one day after the departure of CEO Brian Shroder and the layoff of a third of its staff, The Wall Street Journal reported. Binance.US is the United States offshoot of the international cryptocurrency exchange. Head of legal Krishna Juvvadi and chief risk officer Sidney Majalya were said to be leaving.

Efforts by the Biden administration to limit tailpipe pollution from automobiles face a crucial test as legal challenges brought by Republican-led states head to a federal appeals court

U.S. Congressman Tom Emmer, with the support of 49 Republican lawmakers, reintroduced the CBDC Anti-Surveillance State Act. 

Securities and Exchange Commission (SEC) Chair Gary Gensler aims to reiterate his stance that many cryptocurrencies should fall under the agency's regulatory purview when appearing before the Senate Banking Committee.

By Joanna Plucinska, Valerie Insinna and Max Hunder

Coinbase CEO Brian Armstrong has shared his predictions for the role crypto will play in next years' elections in the United States, claiming that representatives in Washington, D.C. do not fully understand the crypto community's voting power in the upcoming race.

The Financial Industry Regulatory Authority Inc. is confronting a potential existential challenge in a federal appeals court in Washington, D.C.

All 50 states, the District of Columbia and Puerto Rico have reached an agreement in principle with Google to settle a lawsuit filed in 2021 over the tech giant’s alleged monopolistic control of the distribution of apps for the software that runs most ...

Grayscale Investments on Tuesday urged the U.S. Securities and Exchange Commission (SEC) to quickly approve its proposed exchange-traded fund that would track bitcoin, following the crypto asset manager's court victory against the agency. A three-judge panel of the District of Columbia Court of Appeals in Washington last week ruled that the SEC was wrong to reject Grayscale's proposed bitcoin ETF without explaining its reasoning, in a case that has been closely watched by the industry and which briefly boosted the price of bitcoin nearly 7%. The ruling requires the SEC to review Grayscale's application, although the agency still has time to appeal the court's decision. The SEC said last week that it was studying the ruling. «We hope you will agree that the best use of resources now is for the (SEC) to issue an order approving» the product, Grayscale's law firm DavisPolk wrote in a letter which was filed with the SEC on Tuesday.

Romero Cabral da Costa Neto, a visiting attorney at a renowned global law firm, has been thrust into the spotlight following insider trading charges announced by the Securities and Exchange Commission (SEC). This incident, coupled with a recent case in the digital asset market, underscores the evolving challenges of insider trading in both traditional and modern financial landscapes.

(Reuters) — Cathie Wood's Ark Invest and crypto investment firm 21Shares are seeking regulatory approval to set up an exchange-traded fund (ETF) that would directly hold ether, according to a filing with the U.S. Securities and Exchange Commission (SEC) on Wednesday.

Alphabet's Google on Tuesday tentatively settled a class action by 21 million consumers alleging that it had violated U.S. federal antitrust rules by overcharging customers on its U.S. Google Play Store, according to a court filing. Consumers claimed they might have spent less on apps and had more options if it weren't for the alleged monopoly. Google had denied wrongdoing and declined to comment on the proposed settlement.

Fidelis Capital, a registered investment advisor, announced Tuesday that a team that oversaw $4.5 billion in assets at Bank of America Private Bank has joined the firm.

Cities across the U.S. have found relief from this summer’s record-setting heat with the help of technologies that shield roofs, pavement and other surfaces from the sun’s scorching rays.

The US Securities and Exchange Commission (SEC) will likely be forced to approve multiple spot Bitcoin (BTC) exchange-traded fund (ETF) applications following the recent Grayscale victory. 

It was one step forward, one step back this week toward a world in which cryptocurrency investments start popping up widely in retirement accounts.

Grayscale Investments to create a spot bitcoin exchange-traded fund, a federal appeals court ruled on Tuesday, in a landmark victory for the asset manager that could pave the way for the first product of its kind. A panel of judges in the District of Columbia Court of Appeals in Washington said the securities regulator's denial of Grayscale's proposal was arbitrary and capricious because the SEC failed to explain its different treatment between bitcoin futures ETFs and spot bitcoin ETFs. The price of bitcoin, the world's largest cryptocurrency, was last up 5.75% at $27,609 following the decision. The ruling could be a boon for bitcoin, as a spot bitcoin ETF would provide investors the opportunity to gain exposure to the digital asset without having to purchase bitcoin via a retail exchange or custody the asset in a separate crypto wallet.