National Financial News
17.02 / 19:23
Gap
National
What Is Pushing the National Debt to Its Limit?
The U.S. national debt has increased by more than $8 trillion dollars since late January 2020, pushing the total debt over $31 trillion, according to the Treasury Department. Extraordinary measures to keep paying the government’s bills could run out before July, according to new figures from the Congressional Budget Office released Wednesday.
17.02 / 00:37
National
Lael Brainard Set to Lead White House National Economic Council
President Biden is set to name Federal Reserve Vice Chair Lael Brainard to serve as his economic-policy coordinator at a difficult time when the U.S. economy faces headwinds from high inflation, climbing interest rates and slowing growth, according to people familiar with the matter.
16.02 / 17:13
Gap
National
What Is Pushing the National Debt to Its Limit?
The U.S. national debt has increased by more than $8 trillion dollars since late January 2020, pushing the total debt over $31 trillion, according to the Treasury Department. Extraordinary measures to keep paying the government’s bills could run out before July, according to new figures from the Congressional Budget Office released Wednesday.
15.02 / 22:43
National
Lael Brainard Set to Lead White House National Economic Council
President Biden is set to name Federal Reserve Vice Chair Lael Brainard to serve as his economic-policy coordinator at a difficult time when the U.S. economy faces headwinds from high inflation, climbing interest rates and slowing growth, according to people familiar with the matter.
15.02 / 13:37
Gap
National
What Is Pushing the National Debt to Its Limit?
The U.S. national debt has increased by more than $8 trillion dollars since late January 2020, pushing the total debt over $31 trillion, according to the Treasury Department. Special accounting measures to avoid breaching the $31.4 trillion debt ceiling will run out as early as June.
15.02 / 10:43
National
Lael Brainard Set to Lead White House National Economic Council
President Biden is set to name Federal Reserve Vice Chair Lael Brainard to serve as his economic-policy coordinator at a difficult time when the U.S. economy faces headwinds from high inflation, climbing interest rates and slowing growth, according to people familiar with the matter.
14.02 / 23:00
CBDC
regulation
Federal Reserve
National
Brainard reportedly moving from the Fed to head National Economic Council
United States Federal Reserve Board Vice Chair Lael Brainard has been chosen to be the director of the National Economic Council, making her President Joe Biden’s top economic adviser, according to media reports. In her new position, Brainard will oversee the implementation of the Biden administration’s multibillion-dollar economic agenda, which includes the Bipartisan Infrastructure Law and the CHIPS and Science Act.
14.02 / 22:23
National
Lael Brainard Set to Lead White House National Economic Council
President Biden is set to name Federal Reserve Vice Chair Lael Brainard to serve as his economic-policy coordinator at a difficult time when the U.S. economy faces headwinds from high inflation, climbing interest rates and slowing growth, according to people familiar with the matter.
14.02 / 06:11
National
Lael Brainard Set to Lead White House National Economic Council
President Biden is set to name Federal Reserve Vice Chair Lael Brainard to serve as his economic-policy coordinator at a difficult time when the U.S. economy faces headwinds from high inflation, climbing interest rates and slowing growth, according to people familiar with the matter.
13.02 / 20:49
10.02 / 14:19
Blockchain
CBDC
Adoption
Research
National
China to launch national blockchain research center
Despite its ongoing crackdown on crypto, China continues to embrace blockchain technology — up to the point of launching the National Blockchain Technology Innovation Center in the capital city of Beijing.
03.02 / 22:57
CBDC
Adoption
Binance
National
Kazakhstan’s digital currency in pilot stage, per Binance, National Bank joint report
The National Bank of Kazakhstan (NBK) has launched a digital tenge pilot project, according to a report published jointly by the bank and Binance on Feb. 3. The report looked at global approaches to digital asset regulation, the digital asset industry and decentralized finance (DeFi) in Central Asia and the Commonwealth of Independent States in particular.
03.02 / 05:33
business
CBDC
regulation
Banks
National
Indonesia targets launch of its national crypto exchange by June
Indonesia’s Ministry of Trade is reportedly aiming to roll out a national crypto exchange by June this year, six months after its previous target of December 2022.
02.02 / 15:59
Provident
National
Democrats Revive Push for National Paid Family Leave Policy
WASHINGTON—Democrats are renewing their push for a national paid time off policy for medical reasons and caregiving, despite long odds of passing such legislation in the newly divided Congress.
01.02 / 13:13
Blockchain
regulation
Taxes
Tax reduction
National
Here's why India held on to older crypto reforms in national budget 2023
Cryptocurrency and blockchain technology found no mention in India’s union budget for the year 2023, bringing down the hopes of millions of crypto holders in the country. Many in the Indian crypto community were hoping for some reduction to the high crypto tax, implemented in March 2022.
31.01 / 02:29
Adoption
Mining
Environment
Funding
Africa
Bitcoin
National
park
How Bitcoin mining saved Africa's oldest national park from bankruptcy
Virunga National Park in the Democratic Republic of the Congo has become the first national park in the world to run a Bitcoin (BTC) mine in an effort to protect its forests and wildlife. Cointelegraph spoke with Sébastien Gouspillou, CEO of Big Block Green Services, and the man who introduced Bitcoin mining to the park.
26.01 / 14:51
National
National Sales-Tax Plan Gains Attention in House GOP
WASHINGTON—A decades-old proposal to replace federal income, estate and payroll taxes with a national sales tax has gained support and attention in the new House GOP majority, but House Speaker Kevin McCarthy said he doesn’t favor the policy.
25.01 / 20:13
National
National Sales-Tax Plan Gains Attention in House GOP
WASHINGTON—A decades-old proposal to replace federal income, estate and payroll taxes with a national sales tax has gained support and attention in the new House GOP majority, but House Speaker Kevin McCarthy said he doesn’t favor the policy.
19.01 / 20:07
Blockchain
Ethereum
Stablecoin
Bitcoin
National
Customers
Today in Crypto: National Australia Bank to Create a Stablecoin, Customers Sue Compass Mining, NYX Professional Makeup Announces a DAO
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________
11.01 / 04:29
business
Binance
security
Court
Deal
National
Initial approval given for Voyager and Binance.US deal amid national security probe
Bankrupt crypto lender Voyager Digital received initial court approval for its proposal to sell its assets to Binance.US for $1.02 billion amid a national security probe Voyager is seeking to speed up.
04.01 / 19:21
Blockchain
Bitcoin
National
Agency
Lost
Today in Crypto: Indonesia to Launch Crypto Exchange, India's Exchanges Lost 81% of Trading Volume, UK’s National Crime Agency Forming a 'Crypto Cell'
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________
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