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Fed Reserve Official Michael Barr Calls for Stablecoin Regulation


US regulators are finally discussing the subject of fiat-backed digital assets, popularly known as stablecoins. According to Federal Reserve Vice Chair for Supervision Michael Barr, it’s imperative that stablecoins also fall under the supervisory oversight of the government. Presenting...

US Mulls Tighter Restrictions on AI Chip Shipments to Chinese Firms, Report


The government in Washington is reportedly considering further limiting China’s access to U.S. processors used in artificial intelligence (AI) applications. The current restrictions, which were introduced last year, allow Chinese companies to source the chips through overseas subsidiaries....

Saudi Arabia Extends Oil Production Cuts, Further Irking US Officials 


Saudi Arabia announced it will continue limiting oil production through September, extending output reductions that have drawn criticism from Washington. Riyadh Holds Firm on Oil Output Limits Saudi Arabia said Thursday it will keep oil production nearly one million barrels per day below its quota...

Every Big Anime Announcement At San Diego Comic-Con


Anime fans ate well at this past weekend’s San Diego Comic-Con. The four-day event saw both major series announcements and world premiere trailers for a variety of upcoming shows, sure to bolster your anime watchlist for the rest of the year and beyond. So, here’s a quick roundup of some of...

10 Games That Have Something Meaningful To Say About America


America is complicated, to put it mildly. Writers, filmmakers, songwriters, and other artists have been grappling with the complexities of this multifaceted nation for as long as it has existed. And in recent decades, games, too, have begun engaging with what America stands for, what it strives...

Washington DC Home Linked to Former FTX CEO May Have Been Sold


A Victorian brownstone in Washington DC linked to former FTX CEO Sam Bankman-Fried may have been sold.  The four-bedroom home near Capitol Hill was listed on Realtor.com as “contingent,” meaning that an offer has been made and accepted, but some additional criteria needs to be met.  Cointelegraph...

Judge Postpones Asset Freeze as Binance US and SEC Agree to Work on Deal


A judge in Washington decided to give Binance US and the Securities and Exchange Commission (SEC) time to work out a deal to avoid the freezing of the exchange’s assets. The two sides are close to an agreement that will protect customer funds without paralyzing the crypto trading platform. Crypto...

SEC Summons Binance CEO CZ as Lawsuits Shake Cryptocurrency Industry


The United States District Court in Washington, D.C., at the request of the Securities and Exchange Commission (SEC), summoned Binance CEO Changpeng Zhao (CZ) on Wednesday. Binance CEO CZ Challenged by SEC Summons as Legal Battles Escalate On Wednesday, several social media accounts shared...

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