State Wyoming Financial News
28.09 / 13:13
27.09 / 18:03
business
lending
stake
acquires
Nexo acquires stake in US chartered bank
Digital asset lending platform Nexo has purchased a stake in a holding company that owns a federally chartered bank in the United States — a move Nexo said will enhance its ability to serve retail and institutional clients.
23.09 / 13:23
Citi
Provident
Digital
Williams
This Crypto-Friendly Bank is Suing the Fed and Why a Win Would Be Hugely Price-Positive for Digital Assets
U.S. digital asset-focused bank Custodia has filed a lawsuit against the Federal Reserve (FED) Board of Governors and the Federal Reserve Bank of Kansas City over “unlawfully” delaying its application for a master account with the FED. The bank received major backing earlier this week after seven U.S. Congressmen submitted a friend of the court brief. The lawmakers urged a Wyoming court to dismiss the FED’s motion to dismiss the lawsuit.
08.09 / 17:11
UPS
Target
Remark
Watch Fed Chair Jerome Powell speak live in a Q&A at the Cato Institute
[The stream is slated to start at 9:10 a.m. ET. Please refresh the page if you do not see a player above at that time.]
08.09 / 16:41
Law
CFTC
SEC
Sen. Lummis: My legislation would empower the SEC to protect consumers
The United States has been the global financial leader since World War II when the U.S. dollar became the world reserve currency. Consequently, Americans have enjoyed benefits like greater buying power, easier access to capital and low-interest rates—including on our national debt.
07.09 / 16:33
Citigroup
CME
Market bracing for another three-quarter point hike from the Fed this month
Traders are now seeing a near-certainty that the Federal Reserve enacts its third consecutive 0.75 percentage point interest rate increase when it meets later this month.
30.08 / 22:03
Mining
Environment
Bitcoin
network
Bitcoin could become a zero-emission network: Report
A pro-Bitcoin mining report from self-proclaimed philanthropist Daniel Batten has claimed that Bitcoin could become a zero-emission network.
30.08 / 21:13
UPS
Target
Rate Cut
Fed's Williams pushes back on market expectations of a rate cut next year
New York Federal Reserve President John Williams said Tuesday he expects interest rates to continue higher and to remain at those levels until inflation is subdued.
29.08 / 22:57
COST
Extreme
Remark
rate hikes
Fed rate hikes won't bring down inflation as long as government spending stays high, paper says
Federal Reserve Chairman Jerome Powell proclaimed Friday that the central bank has an «unconditional» responsibility for inflation and expressed confidence that it will «get the job done.»
28.08 / 22:55
CoinMarketCap
Remark
Bitcoin
Assessing what exactly is the reason behind these SAND disparities
While it is no news that the general cryptocurrency market struggles due to the downturn of the broader financial markets, some crypto-assets appear to have been dealt the worst hand. A look at SAND revealed the token as one of the most hit by the downturn over the past few days.
27.08 / 20:25
ETH
BTC
BTC, ETH have had a difficult 24 hours; Fed Chair Powell to blame?
The cryptocurrency market declined with the broader financial markets as of 26 August. This decline followed the hawkish remarks made by Federal Reserve Chair Jerome Powell at the Fed’s Jackson Hole, Wyoming economic conference on 26 August.
26.08 / 21:58
COST
Fighting
Remark
Powell warns of 'some pain' ahead as the Fed fights to bring down inflation
Federal Reserve Chairman Jerome Powell delivered a stern commitment Friday to halting inflation, warning that he expects the central bank to continue raising interest rates in a way that will cause «some pain» to the U.S. economy.
25.08 / 02:31
SEC
Gaming
ICO
Time
GameFi developers may be facing big fines and hard time if they don't speak up
Are cryptocurrency games innocent fun? Or are they Ponzi schemes facing an imminent crackdown by regulators in the United States?
24.08 / 17:49
Blockchain
Binance
Asia
Bitcoin
Crypto licensing roundup: Learn about the most recent approvals in the industry
Cryptocurrency companies have been moving to improve compliance worldwide amid the bear market of 2022, with many platforms increasingly securing licenses and approvals.
23.08 / 17:37
22.08 / 19:43
Investments
CoinShares
Bitcoin
Bitcoin Price
Summer doldrums? Crypto volumes are down 55%, according to CoinShares
Crypto investment products registered minor weekly outflows last week as volumes plunged to their second-lowest levels of the year, signaling weak demand among institutional investors during the tail end of summer.
17.08 / 01:07
regulation
Taxes
Customers
IRS takes out John Doe summons on crypto prime dealer SFOX to find tax cheat customers
The Central District of California federal court entered an order Monday to authorize the United States Internal Revenue Service (IRS) to serve a John Doe summons on SFOX, a Los Angeles-based cryptocurrency prime dealer. The IRS filed suit to receive the order, which directs SFOX to reveal the identities of customers who are U.S. taxpayers and documents relating to their cryptocurrency transactions equivalent to at least $20,000 carried out between 2016 and 2021.
17.08 / 00:33
UPS
Provident
Kraken
Genesis Trading
banking system
U.S. Fed Opens The Door For Crypto Banks To Enter Traditional Banking System
The U.S. Federal Reserve has announced its final guideline that might allow crypto banks to enter the banking system. The central bank will set up a three-tiered system for determining whether financial institutions have access.
16.08 / 00:43
regulation
Banks
Federal Reserve
guidelines
Fed to issue long-awaited guidelines for granting master accounts to crypto banks
The United States Federal Reserve Board announced Monday that it had finalized its guidelines for the factors reserve banks are to consider when reviewing requests for Federal Reserve accounts and payment services. The guidelines create a three-tiered review framework with the level of due diligence to be provided, depending on the applicant’s risk level.
04.08 / 23:35
regulation
Taxes
policies
lawmaker
Backed
Crypto firms failed to deliver 'promised benefits' from lawmaker-backed incentives, says nonprofit
The Tech Transparency Project, or TTP, a research initiative of the United States-based nonprofit watchdog group Campaign for Accountability, has released a report claiming crypto firms “provided little in return” for state governments offering financial incentives.
24.06 / 00:39
Ripple
XRP
SEC
Ripple CEO criticizes SEC for 'contradictions' on crypto regulations
Brad Garlinghouse, the chief executive officer of Ripple Labs, has claimed the United States Securities and Exchange Commission, or SEC, has inconsistently imposed regulations on crypto firms in the country.
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