State South Dakota Financial News
06.04 / 19:39
Law
Robinhood
regulation
Trading
settlement
US state regulators announce $10M settlement with Robinhood ‘for failing investors’
The California Department of Financial Protection and Innovation said that the company behind cryptocurrency and stock trading platform Robinhood will likely pay more than $10 million in penalties “for operational and technical failures that harmed main street investors.”
10.03 / 23:11
Law
regulation
Fiat Money
South Dakota gov vetoes bill excluding crypto from definition of 'money'
Kristi Noem, the governor of South Dakota, has used her authority to veto legislation aimed at changing the definition of money to exclude cryptocurrencies.
02.03 / 22:53
CBDC
regulation
NOT
Proposed South Dakota amendment to UCC would prohibit cryptocurrencies, but not CBDC
Legislation has been introduced in the American state of South Dakota to amend the Uniform Commercial Code (UCC) to limit the definition of money to exclude cryptocurrencies. Central bank digital currencies (CBDCs) would still be considered money under the proposed new definition.
02.03 / 17:53
21.12 / 12:47
Law
regulation
regulatory
Alaska adds 'virtual currency' to its regulatory regime
From Jan. 1, 2023, the term “virtual currency” will take its place in the money transmission regulations of Alaska. It will oblige the companies dealing with digital currencies to obtain a money transmission license in the state.
09.06 / 14:45
Pool
Home Buyers Are Finding Creative Ways to Make Cash Offers
Siblings Kristy and Jason Nemetz and their mother, Christel Nemetz, decided this spring they wanted to buy a home together. With the housing market so hot, they thought offering cash might be the only way to get one.
25.04 / 05:45
business
Blockchain
cryptocurrency
Bitcoin
Bitcoin Down
Cryptocurrency Prices Today April 25: Bitcoin down, Polkadot slips most
Cryptocurrencies traded in the red early on April 25. The global crypto market cap is $1.80 trillion, a 2.04 percent decrease over the last day. The total crypto market volume over the last 24 hours is $65.06 billion, which makes a 20.13 percent increase.
22.04 / 09:17
cryptocurrency
Digital
Progressive
Anti-money laundering
compliance
Crypto Bank Violated Anti-Money Laundering, Compliance Rules: U.S. Regulator
Anchorage Digital received a conditional bank charter from the US regulator in January 2021.
11.11 / 03:21
COST
UPS
Where Inflation Is Highest in U.S.
U.S. inflation rose at the fastest pace in three decades in October, with prices increasing more in some parts of the country than in others. Consumer prices were up 7.3% last month in the region that encompasses Iowa, Kansas, Minnesota, Missouri, Nebraska, North Dakota and South Dakota. Mid-Atlantic states, however, saw prices rise less, by 5.4% from a year ago.
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