Hearing Financial News

The PGA Tour is sending two leading figures to next week's Senate panel reviewing its surprise business agreement with the Saudi backers of LIV Golf

The Verge has reported that Apple analyst Mark Gurman, in his recent Power On newsletter edition, revealed that the next AirPods could introduce a Type-C port for charging, as Apple moves away from its proprietary Lightning port. The anticipated release of the next AirPods is expected in 2024, while the AirPods Pro 3 might debut in 2025, following Apple's typical three-year upgrade cycle. One of the significant features Gurman highlighted is a new hearing test capability. The upcoming AirPods are said to play various tones and sounds to assess a user's hearing ability, similar to how the Apple Watch's ECG app screens for heart conditions. This improved hearing test could potentially render existing apps like Mimi less relevant. Apple is also exploring the integration of sensors in AirPods to measure body temperature accurately through the wearer's ear canal. This approach is considered more precise than wrist-based temperature monitoring done by devices such as the Apple Watch Series 8 and Ultra models during sleep.

A court in Singapore is poised to make a crucial decision about the future of crypto lender Hodlnaut during an upcoming hearing scheduled for August 7, a recent filing has revealed.

The US Commodity Futures Trading Commission Chair Rostin Behnam, Coinbase’s Chief Legal Officer Paul Grewal and a slew of former regulators are set to testify Tuesday morning in front of a US congressional committee.

US lawmakers are slated to discuss digital asset spot markets during a congressional hearing next week.

State versus federal regulation was a key issue in the hearing on stablecoins in the United States House of Representatives on May 18. The House Committee on Financial Services’ new Subcommittee on Digital Assets, Financial Technology and Inclusion heard testimony from five experts as it considered two proposed bills to regulate stablecoins.

House Democrats and Republicans are seemingly divided on how to regulate stablecoins but are finding consensus that some form of legislation is needed.

On May 10, the United States House of Representatives Financial Services Committee and Agriculture Committee held their first joint hearing on digital asset regulation. The event felt like a logical continuation of another recent hearing where representatives lambasted Securities Exchange Commission Chair Gary Gensler for perceived regulatory overreach. 

Rep. Maxine Waters is ushering in a draft bill to regulate stablecoins ahead of a House hearing this week.

Sam Altman, the CEO of OpenAI and co-founder of Worldcoin, recently testified before Congress alongside IBM’s chief of trust, Christina Montgomery, and NYU professor Gary Marcus. 

Some members of the United States House of Representatives’ Financial Services and Agriculture Committees pointed to crypto asset frameworks being employed outside the country when discussing regulatory gaps at home.

US lawmakers drifted the idea of regulating cryptocurrency through a self-regulatory organization putting both the Securities and Exchange Commission and the Commodity Futures Trading Commission in charge.

Top legal officers and a former regulator are slated to testify in front of US congressional committees on Wednesday to unpack digital asset regulation following ongoing tension between the industry and federal agencies.  

A House Financial Services Committee panel together with a House Agriculture subcommittee plan to unpack digital asset regulation during a hearing next week.

Gary Gensler, the United States Securities Exchange Commission (SEC) chair, recently appeared before the U.S. House of Representatives Financial Services Committee for a hearing regarding his leadership of the regulatory agency. 

Circle, the US company behind the popular stablecoin USDC, is set to testify in a Congress hearing on Wednesday about stablecoin regulation in the US.

The United States House Committee on Financial Services a.k.a the Financial Services Committee will hold a hearing on April 19 to discuss stablecoins’ position as a means of payment and whether or not the ecosystem needs supporting legislation.

The infamous bankrupt crypto exchange – FTX – has recovered assets worth $7.3 billion, according to a report by Reuters. The updated number showed an addition of over $800 million in liquid assets to its January number.

The United States Senate Banking Committee held a hearing March 28 on the regulatory response to recent bank failures. Officials from the Federal Deposit Insurance Corporation (FDIC), Federal Reserve and Treasury testified. FDIC chair Martin Gruenberg spoke about the causes of the failures of Silicon Valley Bank (SVB) and Signature Bank, including the role of digital assets, and the agency’s responses to the crisis.

Representatives from the Federal Deposit Insurance Corporation and Federal Reserve will be testifying before the United States House Financial Services Commission in a newly announced hearing investigating the collapse of two major banks.

Property developer China Evergrande is struggling to reach a deal with foreign bondholders, raising the possibility that a court will tell the company to wind down.