State Ohio Financial News

04.05 / 09:19

Adoption regulation Elections Bitcoin-friendly Republican candidate JD Vance wins Ohio Senate primary

JD Vance has won the Ohio Republican Senate primary election, making him the GOP’s candidate in the highly anticipated Senate race against Democrat Tim Ryan in which both parties are trotting out crypto-friendly candidates.

28.04 / 19:03

UPS Citi Georgia just became the latest state to require personal finance education

High school students in Georgia will soon have guaranteed access to a personal finance course before they graduate.

18.04 / 22:03

Government Donations PAC Support Crypto-focused PAC has used $9M to support Democratic candidates since January

Protect Our Future, a political action committee set up in January with backers including FTX CEO Sam Bankman-Fried, has spent more than $9 million to support candidates running for seats in the U.S. House of Representatives.

15.04 / 20:25

Government Law Federal Reserve vice chair President Biden announces former Ripple adviser as pick for Fed vice chair for supervision

Following the withdrawal of former Federal Reserve Board governor Sarah Bloom Raskin, United States President Joe Biden has announced his intention to nominate former Obama administration official and law professor Michael Barr as the central bank’s vice chair for supervision.

09.03 / 22:23

NFT Sport Football advertisement ad Crypto.com airdrops LeBron James NFT collection to eagle-eyed Super Bowl ad viewers

The Crypto.com exchange announced the airdrop of its "The Moment of Truth" nonfungible token (NFT) collection featuring Los Angeles Lakers forward LeBron James to 5,550 randomly selected viewers of its Super Bowl commercial. Those who found and scanned a hidden QR code that appeared 10 seconds into a conversation between present-day James and his apprehensive teenage self could enter to win a limited edition NFT. The collection consists of instant snapshots of behind-the-scenes moments from the making of the Big Game spot.

16.02 / 07:19

Government regulation privacy us government 'Keep Your Coins' bill introduced to restrict government control of crypto

Ohio’s eighth district congressman Warren Davidson has introduced the “Keep Your Coins” bill in the House of Representatives to protect individuals’ self-custodied crypto wallets from U.S. government agency control.

14.02 / 11:57

Law Taxes Bitcoin Crypto miners Crypto miners exempt from IRS reporting rules, US Treasury affirms

The cryptocurrency industry in the United States is about to score a major legal win as the U.S. Treasury Department plans to spare crypto miners, and other "ancillary parties" from tax reporting rules.

07.02 / 18:27

business Art Court Copyright ‘Wave of litigation’ to hit NFT space as copyright issues abound

Ownership is one of the most critical aspects of nonfungible tokens (NFT). They are a representation of the evolution of execution and ownership of art, content, music, in-game assets, etc., since they are digital assets with distinctive identities that are verifiable on a blockchain network.

31.01 / 13:59

Blockchain UPS Digital NBA star LeBron James connects with Crypto.com to teach kids about digital assets

NBA superstar LeBron James has teamed up with Crypto.com to help kids learn about cryptocurrency and blockchain technology.

28.01 / 20:51

business Blockchain Sport education LeBron James and Crypto.com team up for blockchain education initiative

In a press release published Friday, three-time NBA champion and Los Angeles Lakers forward LeBron James will partner with digital currency exchange Crypto.com to support educational and workforce development opportunities focused on Web 3.0. Specifically, as told by local news outlet Akron Beacon Journal, the partnership will help 1,600 kids in LeBron James' hometown of Akron, Ohio about the technology behind cryptocurrencies and how it will benefit their career paths in the future.

26.01 / 05:09

business Facebook Libra Zuckerberg's Diem reportedly weighing sale after stablecoin plans falter

Meta-backed crypto initiative “Diem” is reportedly trying to sell its assets, seemingly calling time on Facebook founder Mark Zuckerberg’s grand ambitions for a stablecoin to act as the internet’s currency.

19.01 / 13:21

Adoption Mining Bitcoin Bitcoin Mining Company GRIID to Be First Recipient of Intel's "Bonanza Mine" Chips

GRIID, an American infrastructure company that owns and operates a number of Bitcoin (BTC) mining facilities, has inked a partnership with major multinational corporation and technology company Intel to become the first recipient of its upcoming "Bonanza Mine" chips.

12.01 / 13:45

Stablecoin regulation Federal Reserve committee US Fed Chair's Top 3 Crypto-Related Comments in Front of Senate Banking Committee

The US Federal Reserve (Fed) Chair Jerome Powell discussed the central bank's COVID-19 response and financial stability, among other issues, during his re-nomination testimony on Tuesday in front of the Senate Banking Committee. He also made several comments that may potentially have an impact on the crypto market -- and here are the top 3 ones.

14.12 / 07:51

Art NFT Non-fungible tokens 4 Reasons Why Museums Aren’t Cashing in on NFTs yet

Brian Mittendorf, Fisher Designated Professor of Accounting, The Ohio State University, and Sean Stein Smith, Assistant Professor of Economics and Business, Lehman College, CUNY.

27.11 / 01:09

Mark Warner Centrist Senate Democrats Signal Opposition to Biden Banking Nominee

WASHINGTON—A group of Senate Democrats have privately voiced their opposition to President Biden’s nomination of Saule Omarova to become a top banking regulator, likely scuttling the academic’s chances of confirmation.

10.11 / 01:15

Congress Senate Democratic challenger to crypto-friendly senator's seat is interested in space

Morgan Harper, a former senior advisor at the Consumer Financial Protection Bureau, is coming out as 'crypto curious' in her race to be the Democratic nominee for one of Ohio’s United States Senate seats.

09.11 / 16:57

Citi Highways exits How Cities Could Spend $1 Trillion on Infrastructure: Roads, Trains and Highway Exits

Dayton, Ohio, is looking at rebuilding roads. The Denver area needs to expand highway exits. And Austin, Texas, wants to expand public transportation.

27.10 / 16:05

Fed Bankers Face Penalties for Ethical Breaches Under Senate Proposal

A group of Senate Democrats plans to introduce legislation that would penalize Federal Reserve officials who fail to adhere to a new ethics code made public by the central bank last week.

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