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A U.S. Crypto Bill's 2024 Chances


Earlier this month, Senate Majority Leader Chuck Schumer (D-N.Y.) told the audience at a "Crypto4Harris" virtual event that he hoped to shepherd crypto legislation through Congress and have President Joe Biden sign the bill into law by the end of 2024. It was a bold promise, one that on first blush...

U.S. House Committee Plans for Heap of Crypto Hearings in September


The U.S. House Financial Services Committee is poised to launch a series of crypto hearings digging into several aspects of the industry, including decentralized finance (DeFi), the Securities and Exchange Commission's oversight of digital assets businesses and the implications of "pig butchering"...

Australians Lost $122M Worth of Crypto to Scams in 12 Months: Police


Australia's national police agency has warned that Australians lost at least Australian dollars 180 million of cryptocurrency ($122 million) in investment scams in just 12 months, "urging all to be extra aware of the proliferation and sophistication of scams," an announcement on Wednesday said

The Fed Under Fire: Elizabeth Warren Pushes for Unprecedented Rate Cut


As the U.S. Federal Reserve’s Federal Open Market Committee (FOMC) gears up for its meeting on Sept. 18, anticipation is building for a rate cut. Market participants are placing their bets, with expectations leaning toward either a 25 basis points (bps) reduction or a 50bps cut. However...

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