County Smith Financial News

17.02 / 07:23

Adoption hacks Social Media Scams Bitcoin Scams California regulator launches complaint-based crypto scam tracker

The Californian Department of Financial Protection and Innovation (DFPI) has launched a new crypto scam tracker to help traders and investors spot possible industry threats.

28.01 / 05:03

Government Blockchain us government integration California DMV to digitize car title management system via Tezos

The California Department of Motor Vehicles (DMV) is testing out the digitization of car titles and title transfers via a private Tezos blockchain.

20.01 / 17:17

FTX Bank Moonstone Bank is Closing the Accounts of its Crypto Clients to ’Refocus on Community Bank Role’

Moonstone Bank, a digital bank focused on serving high-net-worth individuals, has revealed that it is exiting the crypto space and will be refocusing on the "community bank" role.

09.01 / 12:20

UPS FIVE Terry Smith pockets another £36m in five-year pay bonanza streak

Best-selling UK fund manager Terry Smith took home £36m during the 12 months to the end of March 2022, the latest in a string of multimillion-pound payouts for the star stock-picker, which have amounted to almost £130m over the past five years.

13.12 / 09:15

business regulation Senate Retirement Sen. Lummis still 'very comfortable' with Bitcoin in retirement plans

Pro-crypto United States senator Cynthia Lummis has remained steadfast in her support for Bitcoin (BTC) as part of diversified retirement plans, despite calls from her senator peers otherwise.

08.12 / 21:39

Law regulation Banks Congress lawmakers US lawmakers US lawmakers question federal regulators on banks' ties to crypto firms

Two members of the United States Senate have called on the heads of federal financial regulators to address “ties between the banking industry and cryptocurrency firms” in the wake of FTX’s collapse.

29.11 / 13:33

New York State First US State where you can no longer mine crypto: Law Decoded, Nov. 21-28

The state of New York became the first one in the United States to impose a moratorium on proof-of-work (PoW) mining, albeit only for two years. Last week, New York governor Kathy Hochul signed the moratorium into a bill, prohibiting any new mining operations that aren’t based on 100% renewable energy. The renewal of licenses would also be frozen. In eight months, the anti-mining bill made its way from the first passing through the state Assembly to the governor’s pen.

22.11 / 16:01

Fidelity Fidelity Investments Bitcoin Senators US Senators Ask $4.5 Trillion Investment Firm Fidelity to Reconsider Exposure to Bitcoin in Wake of FTX Implosion

Three US senators asked the major financial services firm Fidelity Investments to reconsider exposing workplace retirement plans to bitcoin (BTC).

22.11 / 09:11

business Adoption Congress Bitcoin Senators US senators urge Fidelity to reconsider its Bitcoin offerings after FTX blow-up

United States senators Elizabeth Warren, Tina Smith, and Richard Durbin have renewed their calls for Fidelity Investments to reconsider offering a Bitcoin (BTC)-linked 401(k) retirement product.

29.07 / 11:38

Adoption Investments Bitcoin Senators Democratic senators chide Fidelity Investments for BTC-exposed retirement funds

Three United States senators have written to Fidelity Investments CEO Abigail Johnson demanding an explanation for the financial services company’s decision to include Bitcoin-exposed funds in its 401(k) retirement plans. “This decision is immensely troubling,” they wrote.

10.06 / 11:27

regulation Investments Bitcoin Regulation place Yellen doubts crypto’s place in 401(k), says Congress could regulate

The Secretary of the United States Treasury, Janet Yellen, weighed in on including cryptocurrencies in retirement plans, calling them a very risky investment that should be regulated by Congress.

17.05 / 16:51

Tether stablecoins Cryptoverse: Stablecoins wend wobbly way into the unknown

Tether, USDC and others lost their prized pegs to the dollar last week in a bout of market mayhem that shook faith in these coins that were designed to sidestep crypto volatility. But was it an isolated outburst, or are they losing their soul? Major stablecoins swung between roughly $0.95 and $1.02 last week, according to data provider Coinmarketcap, after having maintained their peg to within a cent previously in 2022.

17.05 / 11:03

cryptocurrency CryptoExplainer Stablecoins Looking Distinctly Dicey, Wend Wobbly Way Into The Unknown

Cryptoverse: Stablecoins wend wobbly way into the unknown

09.05 / 22:39

Law Europe Congress Law Decoded: Crypto retirement plans get hot with Warren and Lummis making their moves, May 2–9, 2022

Retirement plans still largely remain at the periphery of both crypto adoption and the regulatory discussion. But last week, a major development emerged in this department. United States Senators Elizabeth Warren of Massachusetts and Tina Smith of Minnesota became concerned about Fidelity’s recent announcement of adding Bitcoin (BTC) to its clients’ 401(k) retirement investment menu. In a letter to the company’s CEO Abigail Johnson, the lawmakers expressed their uneasiness over a “conflict of interests” and the “significant risks of fraud, theft and loss,” requesting from Fidelity a detailed outline of risk mitigation actions.

06.05 / 07:21

regulation Investments Bitcoin Regulation Bitcoin Financial Senator's Financial Freedom Act would ensure Bitcoin can be in your 401(k)

Republican Senator Tommy Tuberville from Alabama has unveiled a new bill he calls the Financial Freedom Act to allow Americans to add cryptocurrency to their 401(k) retirement savings plan unencumbered by regulatory guidance.

05.05 / 16:03

business Government Bitcoin Sen. Warren asks Fidelity to address the risks to put Bitcoin in 401(k)s

The United States government is growing increasingly concerned about Bitcoin (BTC) in retirement savings, with two Senators flagging some issues in Fidelity Investments’ plans to include Bitcoin (BTC) in 401(k) accounts.

29.03 / 18:21

MARKET Altcoins Entertainment Uniswap Will Smith Meme Token Soars on Launch, but History Shows Such Rallies Rarely Last

A token known as Will Smith Inu (WSI) began trading on the decentralized exchange Uniswap (UNI) yesterday, with buyers rushing in as they attempt to capitalize on the (in)famous event that unfolded during Sunday’s Oscars ceremony. However, similar coins commonly end up on the ever-growing scrap heap.

27.01 / 14:17

Tilney, Ascot Lloyd eye sale options as wealth manager M&A boom continues

Tilney Smith and Williamson, the UK's third-largest wealth manager, has appointed bankers to explore options for the future of the business, Financial News has learned.

27.01 / 03:11

Tilney, Succession, Ascot Lloyd eye sales as wealth manager M&A boom continues

Tilney Smith and Williamson, the UK's third-largest wealth manager, has appointed bankers to explore options for the future of the business, Financial News has learned.

03.11 / 16:05

Technology Cleo Smith: Girl, 4, missing since mid-October, found alive and well in Australia

A four-year-old girl who went missing during a camping trip with her parents 18 days ago has been found alive and well, say police in Australia.

what's happening in county Smith

What is the current situation in county Smith?

In county Smith, the spotlight is on major events that spark public discussion.

Where can I find reliable news about county Smith?

We publish reliable reports about the situation in county Smith, based on information from regional journalists.

What shapes the media agenda in county Smith?

The news landscape of county Smith is shaped by the region’s internal dynamics, reflecting its specific characteristics.