City Washington Financial News

15.03 / 07:57

Why crypto firms are hunting for exec talent at Washington’s revolving door

The cryptocurrency industry has staked out a spot at Washington’s revolving door, hiring scores of former government officials and regulators as it seeks to shape policies to govern the largely unregulated market.

08.03 / 16:25

Uber, Lyft and Others Launch Campaign to Head Off Unions

WASHINGTON— Uber Technologies Inc., Lyft Inc. and other companies that use independent contractors as drivers are launching a campaign to head off Democratic efforts to classify their workers as employees, which would allow them to form unions.

03.03 / 12:43

Europe Bitcoin Washington, Europe Vow to Target Russian Crypto Sanctions Evasion Efforts

The next round of sanctions against Russia and wealthy individuals based in the country could target crypto and crypto exchanges, with Washington already taking aim at those hoping to secure their funds by making bitcoin (BTC) and altcoin buys.

23.02 / 23:31

Culture Military Ukraine crisis: Russia 'nearly 100% ready' for invasion, says Pentagon official

A senior US defence official in Washington said the Russian forces arrayed along Ukraine’s borders are “as ready as they can be” for an invasion, with about 80% in what the US considers "forward positions, ready to go” within 5 kilometres to 50 kilometres of the border.

23.02 / 11:49

Provident Digital U.S. Urges Canada to Abandon Digital Service Tax

WASHINGTON—The U.S. on Tuesday urged Canada to abandon its plan to impose a digital service tax on large businesses, warning that Washington would examine all options under bilateral trade agreements and domestic law to retaliate if such a levy is adopted.

16.02 / 14:13

Technology European Union NOT Watch: EU not 'missing in action' over Ukraine, Borrell tells MEPs

The EU's foreign affairs chief Josep Borrell has rejected claims that the bloc has been "missing in action" over the Russia-Ukraine crisis.

11.02 / 19:53

business Blockchain Bitmain Bitcoin Standard Joint Venture Bitmain signs 500MW joint venture with sustainable BTC miner Merkle Standard

Beijing-based Bitmain has partnered with a United States-based sustainable Bitcoin miner, Merkle Standard, which will contribute capital investment, expertise and parts.

10.02 / 18:57

Assurant Fed Nominee Raskin Agrees to Expanded Ethics Pledge to Slow Revolving Door With Wall Street

WASHINGTON—Sarah Bloom Raskin, President Biden’s pick to become the Federal Reserve’s top banking regulator, said she would take added steps to assure lawmakers that she would avoid potential conflicts of interest.

10.02 / 08:35

business BitStamp eSports Terra Terra sponsors Washington Nationals, Bitstamp backs Immortals esports

Sports and esports fans will soon see more crypto ads during games as Terra has partnered up with the Washington Nationals MLB team and crypto exchange Bitstamp is now partnered with esports organization Immortals.

06.02 / 23:09

Sexual assault Bitcoin German leader's stance on Russia looms over first visit to US

German Chancellor Olaf Scholz set off Sunday for Washington seeking to reassure Americans that his country stands alongside the United States and other NATO partners in opposing any Russian aggression against Ukraine.

03.02 / 20:51

Government IRS Taxes lawmakers US lawmakers US lawmakers reintroduce bill to stop IRS from taxing crypto transactions under $200

A bill previously introduced by Washington Representative Suzan DelBene aims to exempt crypto users from paying taxes on transactions under $200.

28.01 / 20:25

UPS Progressive Chamber of Commerce Raises Concerns Over Fed Nominee Raskin

WASHINGTON—The U.S. Chamber of Commerce, one of Washington’s largest business groups, is raising concerns about Sarah Bloom Raskin, President Biden’s nominee to become the government’s top banking supervisor, after her calls for regulators to speed up the transition from fossil fuels.

28.01 / 13:05

Stocks market RIG US judge rejects case against Deutsche Bank traders found guilty of Libor rigging

WASHINGTON — A federal appeals court reversed the convictions of two former Deutsche Bank traders found guilty of rigging a global lending benchmark, overturning one of the US government’s highest-profile court victories linked to the 2008 financial crisis.

26.01 / 21:41

NATO film Ukraine crisis: Blinken says US offers no concessions in response to Russian demands

US Secretary of State Antony Blinken has said Washington has made no concessions to the main Russian demands over Ukraine and NATO, in a written response delivered to Moscow on Wednesday.

25.01 / 01:21

business Mining Electricity Power Crypto miners Fitch Ratings warns of risks crypto miners pose to US power supply

Global credit rating agency Fitch Ratings is warning public power utilities across the United States to mitigate the risk crypto mining could post their production of power.

21.01 / 12:23

Art Blinken and Lavrov convene in Geneva over Ukraine crisis for second round of talks

Round two of US-Russia talks over Ukraine and security start on Friday.

21.01 / 04:03

cryptocurrency Adoption Venezuelan Vice Minister Tells Investors to Pay in Crypto to Dodge Sanctions

A Venezuelan minister has been singing the praises of crypto – and suggesting that the government, which amassed a large bitcoin (BTC) and ethereum (ETH) “stash,” plans to attract international and domestic investors by convincing them to use cryptoassets.

14.01 / 20:24

education NATO Ukraine's Zelenskyy invites Biden and Putin to trilateral talks

Ukrainian President Volodymyr Zelenskyy has invited Joe Biden and Vladimir Putin to meet with him amid tensions with Russia along the border, one of his close advisers said Friday.

14.01 / 09:51

Russian diplomat refuses to rule out military deployment to Latin America

A top Russian diplomat on Thursday refused to rule out a military deployment to Cuba and Venezuela if the US and allies don't stop military activities on Russia's doorstep.

12.01 / 08:43

NATO Russia and US take tougher stances before more talks on Ukraine

Moscow and Washington both took uncompromising stands Tuesday ahead of more talks amid a Russian troop buildup near Ukraine — with the US rebuffing a demand to halt NATO expansion and the Kremlin said it will quickly see if it is worthwhile to even keep negotiating.

21.12 / 12:25

Blockchain Provident Cooper FTX US and DC Sports Leader MSE Establishes Multi-year Crypto Exchange, NFT Deals

Cryptocurrency exchange FTX USA announced on December 20 that it has become a cryptocurrency exchange and non-fungible token (NFT) partner with Monumental Sports & Entertainment (MSE).

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