City Washington Financial News

18.07 / 11:31

Hack Bitfinex Legal Bitcoin Bitfinex Hack Suspect Heather Morgan Cleared to Seek Job and Get Paid Over USD 10K a Month

Heather Morgan, who was charged over laundering USD 4.5bn worth of bitcoin (BTC) stolen from the Bitfinex crypto exchange, won court approval to seek a new job while her case proceeds.

13.07 / 10:47

European Union Heatwave Trump Riot Trump rallied supporters to riot at Capitol following 'unhinged' meeting, inquiry hears

During the seventh hearing of the congressional inquiry into the 2021 Capitol riots, the panel on Tuesday presented further evidence that Trump was told, repeatedly, that his claims of fraud were false, but that he continued to push them anyway.

21.06 / 12:37

Binance Sport coinbase Advertising Crypto Exchanges Backing Away from Sports Spending as Crunch Continues

Crypto firms are reportedly scaling back their spending on sports-related advertising and sponsorship as winter continues to bite in the markets.

21.06 / 08:15

Adoption NFT Sport partnerships Crypto winter freezes sports sponsorships for digital asset firms

The longer the crypto market stays in bearish territory, the more marketing deals with American sports teams are being taken off the table as crypto firms tighten their belts.

01.06 / 19:19

Digital Enterprise boost U.S. Launches Initiatives to Boost Economic Ties With Taiwan

WASHINGTON—The Biden administration is forging closer economic ties with Taiwan in areas including trade, supply chains and technology-export controls, amid growing tensions with China.

01.06 / 16:01

Blockchain cryptocurrency regulation Group of Tech Pros, Academics Urges Washington to Turn its Back on Crypto Lobbyists

A collective comprising 26 IT experts and professionals has slammed crypto, accusing blockchain and crypto of “not being decentralized” – and has petitioned United States politicians to crack down on the sector and its lobbyists.

28.05 / 12:37

Ripple ETF SEC Bitcoin From Ripple lawsuit to Washington’s urgency, this former counsel reveals it all

From SEC’s lawsuit against Ripple to Washington’s urgency, this former counsel reveals it all

12.05 / 17:51

Art NATO What are the next steps if Sweden and Finland ask to join NATO?

Finland and Sweden could soon ask to join NATO after Russia's invasion of Ukraine sparked a surge of support for joining the security alliance.

23.04 / 17:13

COST UPS Ukraine’s Grim Economic Toll From War Confronts World Governments

WASHINGTON—Top world financial officials gathered in Washington this past week confronted a grim picture of the growing economic costs of Russia’s war in Ukraine and the challenges they face to help pay Ukraine’s short- and long-term bills.

23.04 / 15:05

cryptocurrency Target VISA Action Bitcoin us sanctions New US Sanctions On Russian Bank, Oligarchs And Crypto miner BitRiver: Report

New US sanctions imposed for Russian bank, oligarchs, crypto miner BitRiver

22.04 / 00:25

Blockchain Adoption legislation Binance.US leaves Blockchain Association to form own DC government affairs team

Binance.US announced today that it is creating a team in Washington to engage with lawmakers on digital asset policy. Simultaneously, it has withdrawn from the advocacy group Blockchain Association. Both organizations sides have been tight-lipped about the split, commenting publicly only with short statements.

20.04 / 21:41

Provident Ukraine Needs $5 Billion Monthly to Keep Its Economy Afloat, IMF Chief Says

WASHINGTON—Ukraine estimates it needs $5 billion every month to cover essential government services and keep its economy functioning, raising urgent needs for nations to provide additional funding for the war-ravaged country, the head of the International Monetary Fund said Wednesday.

20.04 / 05:47

World Bank Framework India bats for global crypto regulation framework

India has pitched for a global framework to regulate crypto currencies identifying their use in money laundering and terror financing as the biggest risks for all countries. «I think the biggest risk for all countries across the board will be the money laundering aspect and also the aspect of currency being used for financing terror,» finance minister Nirmala Sitharaman said at a discussion on “Money at a Crossroad” hosted by the International Monetary Fund (IMF) in Washington DC. The minister added that no country could handle these alone and they can be only regulated when countries come on board together.

19.04 / 14:17

consequences Janet Yellen Faces Challenge to Keep Pressure on Russia, While Addressing Global Consequences

WASHINGTON—How to balance a pressure campaign against Russia with a push to address growing crises like food insecurity will be a central test for Treasury Secretary Janet Yellen and other U.S. officials as they meet this week with their global counterparts.

19.04 / 08:35

cryptocurrency Digital financing Biggest Risk Of Crypto Is Laundering, Terror Financing: Finance Minister

Nirmala Sitharaman is in Washington to attend the Spring Meetings with business leaders.

11.04 / 11:29

Target Washington Debates Cryptocurrency Rules, With Sights Set on Stablecoins

WASHINGTON—As Washington attempts to get its arms around the rapidly growing cryptocurrency industry, policy makers in the Biden administration and on Capitol Hill have identified stablecoins as an initial target for tighter regulation.

11.04 / 10:25

Target lawmakers Lawmakers target stablecoins for tighter regulation

WASHINGTON — As Washington attempts to get its arms around the rapidly growing cryptocurrency industry, policy makers in the Biden administration and on Capitol Hill have identified stablecoins as an initial target for tighter regulation.

07.04 / 15:01

cryptocurrency Digital cryptocurrency news Bitcoin US Treasury Secretary Janet Yellen To Call For Better Regulation On Cryptocurrencies

US Treasury Secretary Janet Yellen may call for greater regulation of cryptocurrencies

07.04 / 11:43

Social Media Murder Refugees Jamal Khashoggi: Istanbul court transfers murder case to Saudi Arabia

A Turkish court ruled on Thursday to suspend the trial in absentia of 26 Saudis accused of the gruesome killing of Washington Post columnist Jamal Khashoggi, with the case to be transferred to Saudi Arabia.

04.04 / 22:47

business Blockchain Law businesses Support In the US, public-private state associations form networks of support for crypto businesses

When you think of a crypto-friendly U.S. state, Washington is hardly the first to come to mind. Yet, a lot has been happening on the ground in the Pacific Northwest lately. Washington Governor Jay Inslee signed a bill, SB5544, into law on March 30. The new legislation creates a working group of seven state officials and eight trade association leaders to examine “various potential applications of and policies for blockchain technology” and report to the governor in December 2023.

31.03 / 07:59

regulation New York State Texas Blockchain Adoption Washington state passes bill aiming to expand local blockchain adoption

Three years and one veto after it was first proposed, Washington state Governor Jay Inslee has signed a bill into law today that aims to expand the state’s adoption of blockchain technology across various financial and industrial sectors.

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