Government Financial News

06.09 / 17:43

Government regulation Federal Reserve Congress Senate Reserve vice chair US Senate confirms Philip Jefferson as Federal Reserve vice chair

Federal Reserve governor Philip Jefferson has won confirmation from a majority of members of the United States Senate, placing him in position to become the Fed's next vice chair.

04.09 / 16:57

Government regulation Asia Former MAS chair who called crypto 'highly risky' wins Singapore's presidential race

Tharman Shanmugaratnam, former chair of the Monetary Authority of Singapore, has won the election for the city-state’s presidency with more than 70% of the vote.

04.09 / 13:55

Government Law Stablecoin regulation Bitcoin lawmakers Australian Australian lawmakers send back crypto bill by Andrew Bragg

Australia’s Senate Committee on Economics Legislation has finally provided feedback to the cryptocurrency bill introduced by senator Andrew Bragg.

04.09 / 13:55

Government Law Adoption ETF SEC Bitcoin Bitcoin ETF applications: Who is filing and when the SEC may decide

The race to list the first spot-traded Bitcoin (BTC) exchange-traded fund (ETF) in the United States has seen the entrance of major financial institutions like BlackRock, Fidelity and VanEck.

01.09 / 19:07

Government regulation Taxes Kentucky regulator denies plan for subsidizing crypto mining facility

The Public Service Commission of the state of Kentucky has denied a proposed contract that would have allowed a mining firm to receive a discounted rate on electricity provided by the power company.

01.09 / 17:17

Government ETF regulation Investments SEC spot bitcoin Bitcoin ETF approval ETF approval Former SEC chair says spot Bitcoin ETF approval is 'inevitable' despite delays

Following the United States Securities and Exchange Commission (SEC) delaying decisions on several spot Bitcoin exchange-traded funds, former commission chair Jay Clayton said he believed approval was still going to happen at some point.

01.09 / 03:55

business Government Sport Scams hearing Ronaldinho denies part in alleged $61M crypto scam at congressional hearing

Retired pro soccer star Ronaldinho Gaúcho has testified at a congressional hearing in Brazil, denying his involvement in an alleged $61 million crypto pyramid scheme that bore his name.

30.08 / 20:05

Government Law regulation Europe Analysis European Union Opinion crypto rules MiCA: The good, the bad and the ugly of the EU’s crypto rules

While United States regulators such as Securities and Exchange Commission Chair Gary Gensler make bad-faith claims that “there’s been clarity for years” when it comes to cryptocurrency, the European Union took real action in April when it passed the Markets in Crypto-Assets (MiCA) regulatory framework. While imperfect, it was a crucial move in the right direction for our industry and a signal to the U.S. that it will be left behind if it continues to stand still and rely on antiquated regulations.

30.08 / 17:05

Government regulation copyrights us government OpenAI Copyright US Copyright Office issues notice of inquiry on artificial intelligence

The United States Copyright Office issued an official request for comments and notice of inquiry on copyright and artificial intelligence (AI) in the Federal Register on Aug. 30.

30.08 / 10:47

Government Law regulation Terraform Labs Bitcoin lawmaker South Korean parliament rejects motion to expel lawmaker over crypto scandal

South Korea’s parliamentary ethics subcommittee has voted down a motion to expel Kim Nam-kuk, a former member of the main opposition Democratic Party.

30.08 / 09:57

business Government Blockchain Google Cloud Services Bitcoin Google Cloud Google Cloud to digitize El Salvador's governance, healthcare and education

Google Cloud announced a new partnership with the government of El Salvador on Aug. 29 to establish an office and provide Google Distributed Cloud (GDC) services in the country.

28.08 / 09:15

business Government Mining Bitcoin Laos halts electricity supply to crypto mining projects amid drought

Laos state-owned electricity distribution company Électricité du Laos (EDL) has announced that it will suspend electricity supply to crypto mining operations in the country, citing various reasons such as the struggle to generate enough power amid drought conditions.

25.08 / 20:07

Government defi Hackers Web3 Tokens Decentralization Relaunch Multichain Multichain $1.5B hack investigation, Shibarium eyes relaunch, Base, Optimism join hands: Finance Redefined

Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments from the past week.

24.08 / 15:55

Government Blockchain Adoption CFTC SEC Bitcoin Dave Is the SEC a bad cop? CoinRoutes CEO Dave Weisberger breaks down crypto regulation in the US

On Episode 27 of Hashing It Out, CoinRoutes CEO Dave Weisberger joins host Elisha Owusu Akyaw (also known as GhCryptoGuy) to discuss the current state of cryptocurrency regulation in the United States. Weisberger explains how the U.S. Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC) approach regulations and what they mean for the fast-evolving cryptocurrency space.

24.08 / 08:33

business Government regulation Scams UK government Cold Calls UK considers blanket ban on crypto investment cold calls

As the United Kingdom prepares for a ban on finance-related cold calls, the UK Treasury issued a consultation and call for evidence to gauge a full picture of the impact on businesses, or the costs associated with introducing and implementing the ban.

23.08 / 16:11

Government regulation Investments Bitcoin Thailand’s next prime minister Srettha Thavisin has crypto history

On Aug. 22, Thailand’s parliament elected real estate tycoon Srettha Thavisin as the country’s next prime minister. Thavisin is best known as the former president and CEO of Sansiri, one of Thailand's largest real estate developers, which also has some background in cryptocurrency.

23.08 / 02:17

Government Blockchain CBDC Adoption Banks FinTech Australian Australian CBDC could be useful for payments, tokenization, says RBA

Australia's central bank has completed it's pilot of a central bank digital currency (CBDC) exploring use cases for a potential e-AUD, finding its useful in four main areas including enabling complex payments and asset tokenization.

22.08 / 18:13

markets Government Binance ETF Tether Bitcoin price crash BlackRock has more to lose from a BTC price crash pre-Bitcoin ETF

Numerous theories emerge whenever the price of Bitcoin (BTC) takes a sudden and steep drop. The usual suspects include government regulations, the possibility of exchanges manipulating prices, Bitcoin whales manipulating prices, over-leveraged traders, and some conspiracies involving Tether (USDT).

21.08 / 03:03

Government NVIDIA UK government GPU Power UK to spend $130M on AI chips amid scramble to buy up computing power

British Prime Minister Rishi Sunak is set to spend $130 million (100 million pounds) to buy thousands of computer chips to power artificial intelligence, amid a global shortage and race for computing power.

19.08 / 16:21

Government economy Federal Reserve inflation Bitcoin China facing deflation may be bad news for Bitcoin

On the latest episode of Macro Markets, analyst Marcel Pechman explains the impacts of the United States Federal Reserve’s balance sheet, breaking down how the Fed inflated its assets by $5 trillion between December 2019 and April 2022. Pechman notes that the expansion period coincides with a 38% crash in the S&P 500 index. Moreover, the Federal Reserve balance sheet surpassed the $8.9 trillion mark right as the stock market index reached its 4,800-point all-time high.

19.08 / 10:03

Government Blockchain Adoption elon Republican presidential Elon Musk praises pro-crypto Republican presidential candidate

X (formerly Twitter) chairman and chief technology officer Elon Musk has praised Vivek Ramaswamy, the young and emerging United States Republican presidential candidate.

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