State Massachusets Financial News

31.05 / 22:39

Treasury Elizabeth Warren US Senator Warren Calls Out Crypto’s Role in Fentanyl Transactions

US Sen. Elizabeth Warren called out cryptocurrency’s role in fentanyl drug transactions and pushed for her bill to combat money laundering during a congressional hearing on Wednesday.

31.05 / 21:23

Government Payments regulation Drugs Sen. Elizabeth Warren points to crypto payments as facilitating fentanyl trade in China

Massachusetts Sen. Elizabeth Warren has suggested a link between cryptocurrency payments and companies based in China that provided precursors for the opioid fentanyl.

30.05 / 21:19

business regulation Machine Learning Science ChatGPT AI experts sign doc comparing risk of ‘extinction from AI’ to pandemics, nuclear war

Dozens of artificial intelligence (AI) experts, including the CEOs of OpenAI, Google DeepMind and Anthropic, recently signed an open statement published by the Center for AI Safety (CAIS).

30.05 / 00:49

Provident BLOCK Digital Citizens Bank of Japan Releases CBDC Report and Launched Its Pilot Program As Other Countries Gain Steam

The Bank of Japan released the results and findings of a report on central bank digital currencies

19.05 / 17:45

CBDC legislation lawmakers US lawmakers US Lawmakers Introduce ‘First Bipartisan Bill’ Blocking a CBDC

US lawmakers from both sides of the aisle introduced a bill this week to block the Federal Reserve from issuing a central bank digital currency.

18.05 / 15:15

Government Law Adoption regulation us government Congress hearing Congressional crypto hearing illustrates political stalemate on digital assets

On May 10, the United States House of Representatives Financial Services Committee and Agriculture Committee held their first joint hearing on digital asset regulation. The event felt like a logical continuation of another recent hearing where representatives lambasted Securities Exchange Commission Chair Gary Gensler for perceived regulatory overreach.

12.05 / 17:11

Are remote workers more creative?

Do chance encounters among employees of different Silicon Valley companies in coffee shops, restaurants and other public places lead to innovation? The answer is yes, say researchers who examined such “knowledge spillovers” in a study that may have implications for today’s work-from-home culture.

03.05 / 21:13

Law Robinhood regulation Trading Returns Robinhood returns to court to defend position in case brought by US state regulator

Lawyers representing cryptocurrency and stock trading app Robinhood faced off against those for the secretary of the commonwealth of Massachusetts over the legality of a state regulation that could affect how the company markets itself to potential investors.

26.04 / 21:35

Government Law privacy us government Congress Senate 2024 Elizabeth Warren wants the police at your door in 2024

In 2022, Massachusetts Senator Elizabeth Warren authored a bill that would require cryptocurrency wallet providers to comply with bank Anti-Money Laundering rules. No crypto exchanges, mind you, but the wallets themselves. Kansas Senator Roger Marshall joined her on the proposal as a co-sponsor.

26.04 / 06:47

Blockchain SEC security us government ICO MIT Gary Gensler links crypto with cash in viral 2018 video — Crypto Twitter reacts

The crypto community is calling out the hypocrisy of Gary Gensler, the head of the United States securities regulator, after a 2018 video emerged of him stating that cryptocurrencies are on par with commodities or cash and are not securities.

25.04 / 19:09

COST Twitter ICE 3 ways to rethink old age and retirement, MIT expert says

The following is an excerpt from «This week, your wallet,» a weekly audio show on Twitter produced by CNBC's Personal Finance team. Listen to the latest episode here .

18.04 / 07:33

Blockchain Technology SEC us government Uber MIT Sec Chair Video of SEC chair praising Algorand resurfaces after recently deeming it a security

A four-year-old video of United States Securities an Exchange Commission (SEC) chair Gary Genser giving praise to smart contract platform Algorand (ALGO) is circulating on Twitter following the SEC declaring ALGO is an unregistered security.

06.04 / 18:51

CBDC Adoption Federal Reserve White House hopeful RFK Jr. says instant payments may lead to ‘financial slavery’

Robert F. Kennedy Jr. filed documents with the United States Federal Election Commission on April 5 to run as a Democratic presidential candidate in 2024, according to multiple news reports. He is expected to officially announce his candidacy on April 19 in Boston, Massachusetts. As reports of his candidacy spread, Kennedy tweeted his position on central bank digital currency (CBDC).

31.03 / 19:23

Blockchain proof-of-work Research MIT Bitcoin MIT Space Force major proposes Bitcoin mining as cybersecurity tool

An active-duty United States Space Force astronautical engineer is proposing to the Pentagon a cybersecurity tool capable of transforming the country's national security and even the base-layer architecture of the internet: Bitcoin (BTC).

31.03 / 02:15

business regulation coinbase Survey Senate Terra Luna Elections NOT Polls suggest Elizabeth Warren's anti-crypto army strategy may not pay off

The United States Senator for Massachusetts Elizabeth Warren is making her “anti-crypto” agenda one of the centerpieces of her re-election campaign, despite polls suggesting the majority of Americans think crypto is a key innovation for the future.

28.03 / 23:45

Government Law us government Congress Senate AML Elizabeth Warren is pushing the Senate to ban your crypto wallet

Massachusetts Senator Elizabeth Warren is once again smearing the cryptocurrency industry and attempting to make Americans more dependent on big banks.

16.03 / 00:49

regulation Federal Reserve Signature Bank regulatory Senator Warren says Fed chair 'has to recuse himself' from reviewing regulatory failures

Massachusetts Senator Elizabeth Warren, one of the more prominent anti-crypto voices in the United States Congress, has called on Jerome Powell to recuse himself amid an internal probe at the Federal Reserve.

15.03 / 12:47

Kellogg Reserve Who Is Janice Eberly, Leading Candidate for a Top Federal Reserve Job?

Janice Eberly, the front-runner for the Federal Reserve’s No. 2 job, would come to the position with experience in academia, policy-making and research into the central bank’s past efforts to spur the economy’s recovery from recession.

14.03 / 16:53

Kellogg Reserve Who Is Janice Eberly, Leading Candidate for a Top Federal Reserve Job?

13.03 / 23:29

Kellogg Reserve Who Is Janice Eberly, Leading Candidate for a Top Federal Reserve Job?

13.03 / 11:03

Kellogg Reserve Who Is Janice Eberly, Leading Candidate for a Top Federal Reserve Job?

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