State North Carolina Financial News

18.11 / 04:37

business Conference FTX Crypto industry was ‘judge, jury and executioner’ for FTX: Pompliano

Prolific podcaster and cryptocurrency investor Anthony Pompliano has not lost faith in people or the crypto industry despite the disappointing conduct of former FTX CEO Sam Bankman-Fried.

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.

27.10 / 19:29

LUNC Terra Luna Terra Luna Classic Price Prediction – Is LUNC a Good Investment Now?

Terra’s Luna Classic (LUNC) has recently seen a price increase that took it from the lowest point this month, at $0.0002282 to $0.0002513. While a fairly low increase, it is still notable, as it suggests that the project might be recovering, especially after recent news involving a 4-year plan to bring back value to the token.

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.

23.09 / 19:01

Provident Twitter Digital Southern Bitcoin Compute North files for chapter 11- Here’s everything you need to know

Compute North has become the latest crypto firm to succumb to the ongoing bear market. One of the largest crypto mining data centers, Compute North has filed for voluntary Chapter 11 bankruptcy in the U.S. Bankruptcy Court for the Southern District of Texas.

12.07 / 14:34

NFT regulation copyrights Cointelegraph NFT Copyright U.S. trademark and copyright offices to study IP impact of NFTs

As nonfungible tokens (NFTs) continue to garner interest, the United States Patent and Trademark Office and U.S. Copyright Office are set to launch a study into their impact on intellectual property rights.

23.05 / 14:23

As Biden Zeroes In on Student-Loan Forgiveness Decision, Voter Anxiety Grows

CHAPEL HILL, N. C.—President Biden in the coming weeks is expected to decide whether to put forward a student-loan forgiveness plan aimed in part at motivating young voters to cast ballots in November’s elections.

22.04 / 17:49

Software COVID-19 Pandemic How Raleigh Rallied From the Covid-19 Pandemic

RALEIGH, N.C.—On a Monday morning, employees arrive at Raleigh software firm Pendo and grab coffee at a company-provided bar staffed with baristas. Later, at lunch, Pendo sends them down the street with $15 vouchers to spend at a local food hall, where they can throw axes for fun while ordering lobster, tacos or fish and chips.

19.04 / 08:41

Law Donations foreign crypto donations Ireland bans political crypto donations on foreign interference fears

Donations made to political parties using cryptocurrencies will be banned in Ireland under new political integrity laws drafted due to concerns around foreign interference in politics.

11.04 / 14:11

regulation Paxos United States Crypto Lobbyists Making Inroads at State Level – Report

Crypto lobbyists are making breakthroughs with adoption-focused legislation at the state level in various parts of the USA – with federal regulation still lagging behind.

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.

31.03 / 12:29

Digital Patrick lawmakers US lawmakers Meet the ‘crypto caucus’: The US lawmakers defending digital coins

After months of tortuous negotiations, Joe Biden’s bipartisan infrastructure bill was about to pass Congress last summer when Patrick McHenry became alarmed about one particular element. Along with colleagues in the Senate, the Republican member of Congress from North Carolina realised that a clause had been quietly inserted into the 2,700-page bill, which forced brokers of cryptocurrency to report their transactions and customer information to the tax authorities.

05.03 / 13:51

business Bitcoin services US Senate allows Virginia banks to offer crypto custody services

The United States Senate unanimously approved a bill amendment request that now allows traditional banks operating in the Commonwealth of Virginia to provide virtual currency custody services.

27.02 / 06:59

BitConnect us sec BitConnect's Satish Kumbhani charged by US in $2.4 billion Ponzi scam

BitConnect founder Satish Kumbhani was indicted by a US grand jury on charges he orchestrated a global Ponzi scheme that raised $2.4 billion from investors in a fraudulent cryptocurrency investment platform, according to a Justice Department statement. Kumbhani, 36, was charged in San Diego with misleading investors about BitConnect’s purported propriety technology, which falsely promised returns based on phony “volatility software” that tracked cryptocurrency exchange markets, prosecutors said Friday. BitConnect used money from new investors to pay earlier ones and also operated as an unlicensed money transmitting business, the US said.

08.02 / 21:19

Government Stablecoin Congress lawmaker hearing US lawmaker pushes for state-level regulations on stablecoins at hearing on digital assets

Whether regulations on stablecoins and digital assets should be addressed at the state or federal level was the topic of discussion among at least two U.S. lawmakers in a hearing for the House Committee on Financial Services.

05.02 / 01:33

Government Law privacy America COMPETES Act passes House without 'disastrous' provision on crypto

A piece of legislation aimed at addressing supply chain issues to keep the U.S. economy and businesses competitive has passed the House of Representatives — without a provision many in the crypto space had criticized for giving the Treasury Secretary authority to shut down exchanges.

03.02 / 13:39

Raskin Faces Senate Questions Over Views on Climate Change, Regulations

WASHINGTON—Sarah Bloom Raskin, President Biden’s nominee to become the government’s top bank regulator, goes to Capitol Hill on Thursday to face lawmakers’ questions about her support for tougher banking rules and for using financial regulation to address climate change—positions cheered by Democrats but criticized by Republicans.

02.02 / 18:41

Art European Union News US to bolster NATO positions in Europe with additional 3,000 troops

The United States is sending an additional 2,000 troops to Europe and redeploying 1,000 already stationed in Germany to bolster the security of its NATO allies.

28.01 / 23:41

Law Congress bills Disaster U.S. Congressman wants to scrub bill provision that crypto advocates say is a potential disaster

North Carolina Representative Ted Budd submitted an amendment to the omnibus America COMPETES Act of 2022, specifically targeting the provision that would allow the Treasury Department to impose “special measures,” including surveillance and outright prohibitions, against “certain transmittals of funds.”

25.01 / 23:09

Stablecoin CFTC SEC Congress U.S. Congressman calls for ‘Broad, bipartisan consensus’ on important issues of digital asset policy

In a letter to the leadership of the United States House Financial Services Committee, ranking member Patrick McHenry took a jab at “inconsistent treatment and jurisdictional uncertainty” inherent in U.S. crypto regulation and called for the Committee to take on its critical issues.

14.01 / 19:07

Career Biden Taps Economists Lisa Cook, Philip Jefferson for Fed Seats

President Biden will seek to fill two seats on the Federal Reserve’s Board of Governors with academic economists Lisa Cook of Michigan State University and Philip Jefferson of Davidson College, the White House said Thursday.

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