State Ohio Financial News
09.03 / 16:37
BTC
Bitcoin
Bitcoin of America indicted for operating unlicensed kiosks
Bitcoin of America, a Bitcoin technology firm, and three of its executives are facing charges of money laundering, conspiracy, and other crimes connected to the operation of more than 50 unlicensed crypto kiosks in Ohio that knowingly benefited from victims of cryptocurrency scams. The firm, which operated as S&P Solutions, allegedly pocketed a 20% transfer fee each time a scam occurred and continued to do so even after learning they were fraudulent.
06.03 / 07:59
Scams
Fraud
ATM
Bitcoin Scams
Bitcoin
Crypto scams
Bitcoin ATM firm profited from crypto scams via unlicensed kiosks: Secret Service
A Bitcoin (BTC) technology firm and its executives have been indicted for allegedly operating unlicensed crypto kiosks in Ohio which knowingly benefited from victims of cryptocurrency scams.
01.03 / 21:03
Digital
SEC
Landmark
Nexo
settlement
Nexo Crypto Lender Resolves Multistate Lawsuit with $22.5M Settlement – Here's What Happened
The crypto lender Nexo has resolved a settlement for $22.5 million with multiple US states, after the Ohio Division of Securities became the latest state regulator to join in.
13.02 / 19:51
15.01 / 18:41
Blockchain
Digital
Action
House Republicans
House Republicans to Set New Subcommittee on Crypto, Will Have Key Role in Developing Bills
The House Republicans have announced the formation of a new subcommittee dedicated to cryptocurrencies and blockchain technology. This subcommittee will have a key role in developing legislation and regulations that will govern the use of these technologies.
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.
19.12 / 05:59
Blockchain
CFTC
SEC
US Senate banking chair floats possibility of banning crypto
United States Banking Committee chairman Sherrod Brown has suggested that the Securities Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) should perhaps consider a ban on cryptocurrencies.
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.
07.11 / 09:35
Ukraine war
Trump
US elections
US Elections: Trump and Biden in last push ahead of midterm vote
Monday is the last full day of campaigning ahead of midterm elections in the US, with current President Joe Biden and former President Donald Trump making a final push for votes in the divided country.
28.10 / 09:33
Ethereum
ETH
BTC
Bitcoin
PUMP
Bitcoin Price and Ethereum Prediction – BTC Can Pump 10% Above This Level Today
During the Asian session, the Bitcoin price is trading bearish at $20,244 after getting rejected at the $21,000 resistance zone. Likewise, Ethereum has completed a 61.8% Fibonacci retracement at $1,550 and is now heading lower, losing more than 3% in the last 24 hours to trade at $1,504.
30.09 / 23:05
regulation
Voting
Elections
Crypto and decentralization could influence voters in 2022 US midterm elections: Report
A poll of 800 likely midterm voters in four U.S. swing states suggested that the overwhelming majority favored ideas around decentralization, and many were HODLers.
20.09 / 20:43
Adoption
Taxes
Colorado is now accepting tax payments in cryptocurrency, as Gov. Polis promised
The American state of Colorado now accepts cryptocurrency for tax payments, Gov. Jared Polis announced on Monday. The option is already available on the state Department of Revenue website.
17.09 / 20:03
UPS
Strikes Becoming More Common Amid Inflation, Tight Labor Market
More workers across a range of industries are going on strike, seeking pay raises to catch up to inflation while the tight labor market has taken away some of the risk of walking off the job.
15.09 / 15:27
Manufacturing
Intel
U.S. Bid to Revive Chip Manufacturing Collides With Wall Street’s Demands
Intel Corp.’s Patrick Gelsinger might be Washington’s favorite chief executive right now. At the groundbreaking for a $20 billion-plus semiconductor-fabrication plant near Columbus, Ohio, on Friday, he was joined by legislators from both parties, Ohio Gov. Mike DeWine, a Republican, and President Biden, a Democrat.
29.07 / 21:55
Google
CEO
Mobile
Apple
crypto apps
Apple and Google under radar over fake crypto apps
Apple and Google, two of the most valuable companies in the tech space, are being accused of facilitating crypto-related fraud. These organizations are being pressed for information by U.S. Senator Sherrod Brown (D-Ohio), the head of the Senate Banking Committee.
06.07 / 17:15
Adoption
Food
Bitcoin
Bear market delivery! Bitcoiner rejoins DoorDash to buy more BTC
What did you do in the 2022 bear market, anon? For one Bitcoiner, the opportunity to take on a second job to “stack sats” (buy more Bitcoin (BTC)), was too great. Isaiah, the founder of the Cleveland Bitcoin Meetup, is delivering food to Ohio residents to earn cash on the side.
01.07 / 20:17
23.06 / 15:33
Blockchain
Ethereum
Bitcoin
crypto craze
University of Cincinnati turning crypto craze into educational curriculum
Cryptocurrencies are attracting a lot of attention from academic institutions as they become increasingly accepted as an alternative to conventional assets. The University of Cincinnati (UC) in Ohio, United States, has even established courses around cryptocurrency as part of its curriculum.
23.06 / 14:39
Senators
Senators Press Fed Chair Jerome Powell on Reforms for Regional Fed Banks
Federal Reserve Chairman Jerome Powell is facing pressure from both Senate Democrats and Republicans over how chiefs of the 12 regional Fed banks and their board members are selected.
19.06 / 11:13
cryptocurrency
What's Buzzing On Social Media: Crypto Crash, Mike Pence, Juneteenth
Heres whats buzzing on social media
26.05 / 23:39
Blockchain
CBDC
Adoption
regulation
Future
committee
Brainard tells House committee about potential role of CBDC, future of stablecoins
United States Federal Reserve vice chair Lael Brainard submitted a written statement in advance to the Financial Services Committee's virtual hearing, "On the Benefits and Risks of a U.S. Central Bank Digital Currency (CBDC)," that took place Thursday. That was a sound strategic move, considering that more than 25 legislators lined up to ask questions.
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