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Congressional Investments in Defense Stocks Raise Ethical Eyebrows Amidst Ongoing Wars
17.10.2023
In the midst of ongoing strife in Ukraine and Israel, stocks of publicly listed defense corporations have seen a dramatic surge. Simultaneously, U.S. government officials have backed substantial war expenditures, and reports indicate a multitude of politicians reaping financial benefits from...
China to gain most from restrictive US crypto regulations: Coinbase CEO
31.5.2023
The Coinbase CEO has been hugely critical of the U.S. failure to provide the crypto industry with regulatory clarity and has long argued it will push firms offshore
100 crypto lobbyists prepare for the fight of their lives as Congress resumes
4.1.2023
Battle lines are being drawn over crypto in Congress but industry executives remain optimistic
The Fed Codifies Fourth Consecutive 75bps Rate Hike — Stocks, Bitcoin, and Metals Rise
2.11.2022
The U.S. Federal Reserve introduced another jumbo rate hike on Wednesday, Nov. 2, 2022, by hiking the federal funds rate (FFR) by 75 basis points (bps). The American central bank said on Wednesday that the hike aims to curb inflation and the Fed says “recent indicators point to modest growth...
With an ‘Aggressive’ Fed Rate Hike Expected Next Week, Stocks and Crypto Markets Lose Billions
1.5.2022
Investors will be focused on the U.S. central bank this Wednesday as Federal Reserve policymakers are expected to raise the benchmark interest rate aggressively. The top U.S. stock indexes saw significant losses at the end of the week, and the Nasdaq composite saw its worst four-month starting...
US Lawmaker Likes Bitcoin — Urges Policymakers to Embrace Innovation in Regulation
1.2.2021
U.S. Representative Patrick McHenry is pro-bitcoin. He is now hosting the Bitcoin whitepaper on his official congressional website and has called on other lawmakers to embrace innovation like Bitcoin. He believes that the cryptocurrency is unstoppable and governments cannot kill it. Pro-Bitcoin...
Indian Government Shed Light on Proposed Crypto Regulation
21.6.2019
Since leaked information regarding India’s cryptocurrency bill emerged, there have been constant discussions about what it entails. Four different government bodies have been asked about their involvement in the drafting of the bill. South Korea went through a similar situation, causing...
Policymakers Meet to Finalize Global Crypto Guidance – A Look at Standards G20 Supports
18.6.2019
The Financial Action Task Force has kicked off its meeting to discuss global cryptocurrency regulations which the G20 countries have committed to follow. Meanwhile, the crypto industry has raised concerns regarding some recommendations, and a meeting has been set up to coincide with the G20 summit...