County Patrick Financial News
12.05 / 20:31
regulation
coinbase
Congress
policies
lawmakers
US lawmakers
Coinbase establishes advisory council with former US lawmakers
Following some of its leadership team visiting the United Arab Emirates, crypto exchange Coinbase has announced the formation of an advisory council staffed with many former United States lawmakers and industry leaders
12.05 / 19:21
regulation
coinbase
legislation
lawmakers
Former Lawmakers Join Coinbase’s New Global Advisory Council
Former US lawmakers Patrick Toomey, R-Pa., Tim Ryan, D-Ohio., and Patrick Maloney, D-N.Y will join Coinbase’s newly launched Global Advisory Council to guide its leadership team.
27.02 / 21:43
Forbes
Cumberland
Customers
Binance reportedly moved $1.8 billion of collateral backing customers stablecoin
Binance – the world’s largest crypto exchange – continues to be embroiled in controversies. The latest report by Forbes states that the crypto exchange moved $1.8 billion of collateral backing customers’ stablecoin without their knowledge. The incident took place from August 2022 to December 2022, at a time when the crypto market had seen a major slump as a result ofFTX’s collapse.
13.01 / 01:09
Government
Congress
us house
House Republicans
US House Republicans plan to establish crypto-focused subcommittee: Report
Republicans in the United States House of Representatives reportedly plan to step up their oversight of the crypto industry with the creation of a new subcommittee.
31.12 / 21:01
regulation
FTX
Congress
lawmakers
US lawmakers
US lawmakers under pressure following FTX collapse: Report
Legislators in the United States seem to be reevaluating the crypto industry and its regulatory needs in light of FTX's collapse. According to the Wall Street Journal, since the crypto exchange filed for bankruptcy in November, lawmakers have been under pressure to set a new regulatory framework for cryptocurrencies.
21.12 / 18:27
Blockchain
Binance
Digital
CEO
Executive
Lobby
committee
Binance Joins Executive Committee of U.S. Blockchain Industry Lobby Group - Here’s Why it Matters
Binance, the world’s largest crypto exchange by trading volume, has joined the Chamber of Digital Commerce in a move that is expected to boost its lobbying power over new crypto regulations.
20.12 / 23:17
markets
Ethereum
VISA
Congress
Ethereum bounces above $1.2K, but derivatives metrics show traders fear a collapse
Ether (ETH) gained 5.6% on Dec. 20 after testing the $1,150 support the previous day. Still, a bearish trend prevails, forming a three-week-long descending channel, a price action attributed to expectations of further U.S. Federal Reserve interest rate hikes.
20.12 / 00:55
Law
regulation
Congress
committee
Next House committee chair reintroduces bill on crypto innovation
North Carolina Representative Patrick McHenry, the current ranking member of the House Financial Services Committee and chair starting in January, has reintroduced legislation aimed at creating innovation offices within government agencies dealing with financial services.
17.11 / 13:03
Binance
regulation
FTX
hearing
us house
committee
US House Committee to Hold Hearing on FTX Collapse – Regulation Incoming?
The US House Financial Services Committee plans to investigate the collapse of FTX and hold a hearing on the matter next month.
10.11 / 22:05
Law
regulation
Congress
lawmaker
US lawmaker warns of ‘major consequences’ for users of unregulated crypto firms, citing FTX
Maxine Waters, chair of the United States House of Representatives Financial Services Committee, pushed for additional federal oversight of crypto trading platforms and consumer protection amid FTX facing liquidity issues.
09.11 / 22:55
Congress
Elections
Post-election roundup: Who were the pro- and anti-crypto winners and losers from the US Midterms?
Results from many election races for seats in the United States Senate and House of Representatives are still coming in, but a number of candidates who have expressed staunch views on digital asset regulation won on Nov. 8.
29.09 / 22:31
Stablecoin
Congress
Voting
lawmaker
US lawmaker hints at calling for Republican votes in 2022 Midterms over crypto policies
North Carolina Representative Patrick McHenry may have used his virtual appearance at a cryptocurrency conference as a soapbox for calling for votes in the 2022 United States midterm elections.
07.04 / 02:13
Government
Law
Stablecoin
Toomey drafts bill to exempt stablecoins from securities regulations
Republican Senator Pat Toomey, the ranking member for the Senate Banking Committee, has drafted a bill proposing a regulatory framework for stablecoins in the United States.
08.03 / 14:07
CEO
Platform
Continental
Patrick
expansion
ftx crypto exchange
FTX Crypto Exchange Announces Major Expansion into European Market
FTX, a major cryptocurrency exchange, announced on Monday it is launching a new European affiliate- FTX Europe, as part of efforts to establish its business in the continent.
05.03 / 00:27
COST
UPS
National
surges
Average national gasoline price surges to $3.83 a gallon, the highest since 2012
Gas prices are surging, with the national average now at the highest in nearly a decade. The rapid ascent is pinching consumers' pockets, and experts say there may be little end in sight.
16.02 / 21:27
BTC
Digital
NYDIG
Bitcoin
The ‘beauty of Bitcoin’ and its implications for 2022
New York Digital Investment Group (NYDIG), a leading Bitcoin company has taken various steps to promote the king coin over the years. Last year, it partnered with FS Investments to allow financial advisors and investors access to Bitcoin. Now the CIO of the said firm spoke in a Thinking Crypto interview, dished out BTC plans and many more.
28.01 / 04:01
business
Banks
Bitcoin
services
Flushing it: $8B New York commercial bank to offer Bitcoin services
Flushing Financial Corporation, the parent company behind New York-based Flushing Bank has partnered with crypto firm New York Digital Investment Group (NYDIG) to offer Bitcoin (BTC) services to its customers.
27.01 / 20:31
markets
Bitcoin
Bitcoin Price
Derivatives data suggests that Bitcoin’s $39K bounce was a mere blip
Bitcoin (BTC) bulls are probably quite disappointed with how the start of 2022 has shaped up, especially since the cryptocurrency plunged over 20% in the first 25 days of the year. Even more shocking is the fact that the supposed $32,930 bottom on Jan. 21 was the lowest level BTC price had seen in 6 months, while equity markets as measured by the S&P500 reached an all-time high on Jan. 4.
19.01 / 04:01
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