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Kamala Harris Poised to Shape U.S. Crypto Policy Ahead of 2024 Election
As the 2024 presidential race intensifies, Kamala Harris, the Democratic candidate, faces growing scrutiny over her stance on cryptocurrency. There are questions about whether she will continue the Biden administration's stringent approach to crypto regulation or pivot towards a more... -
Marathon Digital Stamps All Bitcoin Mined in America as “Made in USA”
The world’s largest Bitcoin mining firm, Marathon Digital (MARA), has taken a step forward in creating “Made in USA” Bitcoins, which is coming after former President Donald Trump's proposition to make the remaining Bitcoin "Made in the USA." at a... -
New Jersey Directs Crypto Withdrawals from Abra Following Regulatory Probe
In a significant regulatory action, New Jersey authorities have called on cryptocurrency investors to promptly remove their funds from the digital currency platform Abra. This directive follows an extensive investigation revealing that the platform may have breached state securities regulations.... -
Thailand’s SEC Introduces Sandbox for Testing Crypto Services
The Thai Securities and Exchange Commission (SEC) has taken a pivotal step towards nurturing innovation within the digital asset sphere by introducing a Regulatory Sandbox. This new program provides a structured environment where companies can experiment with and refine digital... -
Hong Kong’s 18-Month Plan to Tighten Digital Asset Regulations and Attract Global Fintech Talent
Hong Kong is embarking on an 18-month initiative to revolutionize its digital asset landscape and become a global fintech power. This comprehensive plan will refine regulatory frameworks, attract top talents, and fortify the country's financial prowess. Refining Digital Assets Regulation... -
Elizabeth Warren Writes to Tesla Chairman Over Elon Musk’s Potential Conflicting Interests
Senator Elizabeth Warren who sits on the Senate’s Banking Committee has sent a letter to Tesla Chairperson Robyn Denholm expressing concerns over CEO Elon Musk’s potential conflicts of interests. The billionaire has faced the allegations regularly but things have been... -
Crypto Executives Meet White House Officials to Deliberate on Crypto Regulations
On August 8, crypto industry leaders met with the White House officials to discuss future crypto regulations and policies. The virtual meeting had executives from Coinbase, Kraken, Ripple, Circle, and the U.S. government in attendance. Participants and Deliberations of the... -
IMF & El Salvador Agree on Economic Reforms, Bitcoin Strategies for Growth
The International Monetary Fund (IMF) has reported positive progress in its talks with El Salvador regarding policies aimed at strengthening the country's economy. These discussions focus on improving public finances, increasing bank reserves, and enhancing governance and transparency. While there... -
US Judge Approves $12.7 Billion FTX Settlement
On August 7, 2024, United States District Judge Peter Castel gave final approval to a landmark settlement totaling $12.7 billion. The agreement resolves claims between FTX, its affiliated company Alameda, and the Commodity Futures Trading Commission (CFTC). Breakdown of the... -
Disney Stock Falls Despite Earnings Beat: Here’s Why
Disney stock (NYSE: DIS) is trading lower in early US price action today despite the company reporting better-than-expected earnings and raising its guidance. Here’s what spooked markets despite a beat on headline numbers. Disney released its fiscal Q3 2024 earnings...
