BUSINESS|FIAT|REGULATION Updates
Dow Jones up 150 points, stocks inch up with U.S. debt in focus
U.S. stock indices edge higher despite rising bond yields and debt concerns. U.S. stock indices inched up on Thursday, even as rising bond yields and concerns over mounting government debt cast uncert...
JPMorgan’s Dimon wary of U.S. stagflation risk
JPMorgan Chase & Co. CEO Jamie Dimon cautioned that the U.S. risks real stagflation and supported the Federal Reserve’s decision to maintain the current rates. Dimon said this is no time for complacen...
FBI, SEC, and DOJ take down startup CEO in $1M crypto meltdown
The US Attorney for the Southern District of New York (SDNY) on Wednesday charged Jeremy Jordan-Jones, a self-styled blockchain founder, accused of defrauding investors out of $1 million. He got indic...
Feds Charge Atlanta Man for Allegedly Applying for Over $3,390,000 in Fraudulent Small Business Loans During COVID
US authorities arrested an Atlanta man this week on charges related to his alleged connection to a COVID-19 relief loan application fraud ring. The Department of Justice (DOJ) alleges that Ian Patrick...
Tom Emmer introduces legislation to provide protection for blockchain developers
Tom Emmer reintroduced the Blockchain Regulatory Certainty Act (BRCA) on May 21, co-led by Congressman Ritchie Torres, following its first introduction in 2023. The bill aims to provide clarity and le...
Mike Novogratz Says Weakening Dollar, Widening Deficit and America’s Deteriorating Financial Situation ‘Very Good’ for Bitcoin and Crypto
The chief executive of crypto asset manager Galaxy Digital says America’s current financial situation is bullish for Bitcoin ( BTC ) and crypto. In a new interview with Bloomberg, Novogratz says that ...
Dow Jones down 600 points, stocks retreat while Bitcoin registeres all-time high
U.S. government debt is rattling investors, contributing to a sharp decline in the markets—even as Bitcoin reached a new all-time high. U.S. public debt has ignited investor concerns, even as Bitcoin ...
Buying Bitcoin at all-time high still makes sense: Saylor
Michael Saylor, founder of Strategy, formerly MicroStrategy, has once again reiterated that now is the time to buy Bitcoin. Michael Saylor , whose company is the largest corporate holder of Bitcoin ( ...
Jerome Powell’s Push for Digital Dollar Sparks Stablecoin Surge. Kaanch one of the Best Crypto to Buy
The post Jerome Powell’s Push for Digital Dollar Sparks Stablecoin Surge. Kaanch one of the Best Crypto to Buy appeared first on Coinpedia Fintech News Federal Reserve Chair Jerome Powell recently rei...
These Crypto Entities Will Be the Largest Holders of US Treasuries in the World, According to Senator Hagerty
Senator Bill Hagerty (R-TN) says that one segment of the crypto industry will likely become the largest holders of US Treasuries. In a new interview on CNBC Television, Hagerty says stablecoin issuers...
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