State North Carolina Financial News

01.07 / 07:15

UPS Williams Progressive Extreme Parke Immunic Climate change keeps making wildfires and smoke worse. Scientists call it the 'new abnormal'

Kuchlbauer in North Carolina and Ryan Bomba in Chicago. It was smoke from wildfires, the odor of an increasingly hot and occasionally on-fire world. Kuchlbauer had flashbacks to the surprise of soot coating her car three years ago when she was a recent college graduate in San Diego.

29.06 / 08:05

Law bills Bitcoin North Carolina House passes bill to commission study on holding Bitcoin

A bill that would see North Carolina’s Department of State Treasurer study the feasibility and benefits of the state holding Bitcoin (BTC) has passed the lower house of the General Assembly.

06.06 / 18:57

CFTC SEC legislation House Agriculture hearing US CFTC Chair Behnam, Coinbase Chief Legal Among Others To Testify at House Hearing

The US Commodity Futures Trading Commission Chair Rostin Behnam, Coinbase’s Chief Legal Officer Paul Grewal and a slew of former regulators are set to testify Tuesday morning in front of a US congressional committee.

02.06 / 18:15

CFTC SEC House Financial Services House Agriculture House Republican Leaders Release Discussion Draft To Draw Clear Lines on Digital Asset Definitions

Republican lawmakers teamed up in the US House Financial Services Committee and the House Agriculture Committee on a discussion draft to regulate digital assets.

08.05 / 20:33

Mining regulation white house Argentina says no to crypto payments, France tolerates ‘finfluencers’: Law Decoded, May 1–8

Last week brought several significant international developments in regulation. Argentina’s central bank banned payment providers from offering crypto transactions, adding that it intends to reduce the country’s payment-system exposure to digital assets. While local payment providers refuse to comment on the decision, Argentina’s fintech chamber urged the government to reconsider, claiming that “it limits access to a technology that offers multiple benefits and opportunities for our society.”

05.05 / 18:13

business Government Blockchain CBDC Financial Services Bank of China BNP Paribas teams up with Bank of China to promote digital yuan usage

The French bank BNP Paribas is collaborating with the Bank of China (BOC) to promote China's digital currency, the digital yuan, to its corporate clients, the South China Morning Post reported.

04.05 / 18:13

CBDC Federal Reserve Treasury North Carolina House Passes Bill Banning State Agencies From Accepting CBDCs

The North Carolina House of Representatives passed a bill that would ban state agencies from accepting payments in central bank digital currencies.

04.05 / 17:09

Law CBDC Payments regulation North Carolina House passes bill banning CBDC payments to the state

The House of Representatives for North Carolina has unanimously passed legislation aimed at prohibiting payments to the U.S. state using a central bank digital currency, or CBDC.

06.04 / 14:01

Utilities Pursue Pipeline Sales as Natural-Gas Bans Catch On

Two of the country’s largest utility companies are weighing potential sales of parts of their natural-gas pipeline networks as efforts to phase out in-home gas use accelerate.

27.03 / 14:23

COST UPS Citizens SVB Here’s why the U.S. had to sweeten terms to get the SVB sale done

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27.03 / 06:15

COST UPS Citizens Maxim Pool SVB First Citizens to buy large chunk of failed Silicon Valley Bank

First Citizens Bank & Trust Co will buy Silicon Valley Bank's deposits and loans, the U.S. Federal Deposit Insurance Corporation said Monday, just over two weeks after the biggest U.S. banking collapse since Lehman Brothers.

27.03 / 05:45

business UPS Reuters Citizens SVB open Breaking: First Citizens snaps up Silicon Valley Bank — Branches open Monday

North Carolina-based First Citizens Bank is set to acquire all deposits and loans of Silicon Valley Bank, according to a statement from the Federal Deposit and Insurance Corporation (FDIC).

24.03 / 21:55

Waters CEO Landmark Strategy Remark SVB AIM boost lawmakers Key lawmakers say upcoming hearings on bank failures aim to boost U.S. confidence in banking sector

WASHINGTON — A bipartisan group of lawmakers overseeing the recent turmoil in the banking sector said Wednesday that they aim to increase Americans' confidence in the banking industry after Silicon Valley Bank and Signature Bank collapsed over the last two weeks.

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.

08.01 / 18:11

Citi Fighting Fed’s Barkin and George Say Inflation Fight Isn’t Over Despite Promising Signs

Inflation readings have been encouraging recently, but the Fed’s fight against rising prices isn’t over, the leaders of the Richmond and Kansas City Federal Reserve banks said Friday.

04.01 / 15:23

Dash Ripple XRP CEO XRP Price Prediction as Ripple CEO Says He's 'Optimistic' for 2023 – Here's What it Means for XRP

XRP price beams with optimism mid-through this week's trading. The cross-border money transfer token has sustained a bullish outlook following the most recent dip under $0.30. XRP must hold above its immediate support at $0.35 to affirm a bullish grip on the northbound trend.

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.

21.12 / 12:27

Bankruptcy Crypto Mining Firm Core Scientific To File For Chapter 11 Bankruptcy: Report

Bitcoin miners have been under severe pressure as their profitability dropped.(File)

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.

29.11 / 23:49

Twitter Social Media Donations Ukraine-based blockchain firm blasts 'fake news' for crypto donation rumors amid FTX collapse

Everstake, a blockchain firm that partnered with the Ukrainian government to launch a donation website amid the country’s war with Russia, has pushed back against online rumors and conspiracy theories that the platform was used for politically motivated money laundering.

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