Jake Auchincloss News

31.12 / 21:01

regulation FTX Congress lawmakers US lawmakers US lawmakers under pressure following FTX collapse: Report

Legislators in the United States seem to be reevaluating the crypto industry and its regulatory needs in light of FTX's collapse. According to the Wall Street Journal, since the crypto exchange filed for bankruptcy in November, lawmakers have been under pressure to set a new regulatory framework for cryptocurrencies.

30.12 / 14:15

markets Election ByteDance TikTok President reports Lobbying at its peak and popularity on the app; the reasons why Donald Trump doesn't want to ban TikTok in the U.S, says this Democrat

Jake Auchincloss recently criticized the opposition of US President- elect Donald Trump to the TikTok ban while suggesting that it stems from two primary factors that is the ego of Donald Trump and another is the potential influence from his inner circle, reported The Hill. Recent reports have revealed that US President- elect Donald Trump has asked the Supreme Court to delay the potential ban on TikTok which was all set to take place on the date of January 19, just before his inauguration.

30.05 / 00:49

Provident BLOCK Digital Citizens Bank of Japan Releases CBDC Report and Launched Its Pilot Program As Other Countries Gain Steam

The Bank of Japan released the results and findings of a report on central bank digital currencies

19.05 / 17:45

CBDC legislation lawmakers US lawmakers US Lawmakers Introduce ‘First Bipartisan Bill’ Blocking a CBDC

US lawmakers from both sides of the aisle introduced a bill this week to block the Federal Reserve from issuing a central bank digital currency.

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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