Senior Investment Strategist at Standard Chartered Bank, Foo Ken Yap, has predicted that the US Federal Reserve will cut interest rates despite expectations to the contrary from various market quarters....
SEC Chairman Paul Atkins announced plans to allow registered firms to handle both securities and non-securities, including digital assets, within a single regulatory framework. Speaking at the SEC Speaks conference...
According to the Bureau of Labor Statistics, the US inflation declined marginally in April, coming in below the expected value. The headline Consumer Price Index (CPI) rose by 0.2% month-on-month,...
The U.S. Securities and Exchange Commission (SEC) continues to deepen its engagement with crypto regulation through its fourth Crypto Task Force roundtable, held today at 1 p.m. ET. This session,...
The U.S. Senate’s failure to advance the GENIUS Act drew sharp criticism from Treasury Secretary Scott Bessent. He warned the decision could damage the country’s ability to lead in digital...
The U.S. Office of the Comptroller of the Currency (OCC) has expanded the role of banks in cryptocurrency-related activities. In a clarification released on Wednesday, OCC stated that national banks...
A select committee within the Texas House of Representatives has given its approval to the Strategic Bitcoin Reserve Bill, designated SB 21, advancing this significant legislation a crucial step closer...
In response to criticisms labeling Social Security as a Ponzi scheme, Martin O’Malley, former Social Security Administration (SSA) commissioner, firmly defended the program’s integrity. He emphasized that Social Security has...
The recent economic report showed contradictory indicators within the U.S. economy. Nonfarm payrolls rose by 177K in April, exceeding analyst predictions of 133K, signaling job growth. However, the unemployment rate...
The U.S. economy stumbled in the first quarter of 2025, missing GDP expectations by a wide margin and sending shockwaves through financial markets. The lower-than-expected figures have reignited fears of...
Newly released U.S. inflation data from the Personal Consumption Expenditures (PCE) report presents mixed signals for markets and the Federal Reserve. While some figures point to cooling price pressures, others...
Eric Trump, the head of the Trump Organization in the United States, the son of the country’s President, has sounded a dire outlook on the future of traditional banking. During...
Federal prosecutors have asked a U.S. court to sentence Alex Mashinsky, the founder of Celsius Network, to 20 years in prison. The DOJ claims he orchestrated a massive fraud that...
Arizona’s push to integrate Bitcoin into its treasury advanced on Monday, as the state’s House of Representatives passed two major pieces of legislation to establish a digital asset reserve. Both...
The crypto industry is seeing fresh regulatory momentum this week. Tony Edward, host of the Thinking Crypto Podcast, emphasized the Federal Reserve’s rollback of restrictive policies that once limited banks’...
Banks in the United States are now free to support Bitcoin, according to Strategy executive chairman Michael Saylor, following a significant policy shift by the U.S. Federal Reserve. The US...
In a significant regulatory development, Paul S. Atkins has been officially sworn in as the 34th Chairman of the U.S. Securities and Exchange Commission (SEC). A familiar face at the...
Federal Reserve Chair Jerome Powell cautioned Wednesday about growing economic uncertainty tied to President Donald Trump’s tariff policies, warning they have hit major U.S. stock indices. Speaking at the Economic...
Since the start of this year, the SEC has dropped 12 cases against crypto companies, signaling a shift under Trump’s administration, which began easing crypto regulations. These cases include Coinbase,...
With the U.S. economy sending mixed signals, expectations surrounding the Federal Reserve’s next interest rate action seem set. According to crowd-sourced predictions from Polymarket, there’s a 76% chance the Fed...
Following FTX’s failure, U.S. Senators Thom Tillis and John Hickenlooper have reintroduced the Proving Reserves of Others Funds (PROOF) Act. This bill targets crypto industry risks, focusing on safe handling...
New York’s state legislature is reviewing a new proposal that could reshape how voter data and election results are secured. Assemblymember Clyde Vanel introduced Bill A07716 on April 8, directing...
North Carolina lawmakers filed a new bill on April 11 that could allow cryptocurrency to be used to pay taxes and conduct other economic transactions. Rep. Neal Jackson and two...
Paul Atkins won Senate confirmation as the next Chair of the Securities and Exchange Commission (SEC) securing a majority 52-44 Senate vote. His appointment awaits an official swearing-in and President...
Recent developments in the US Treasury market have raised concerns among financial analysts and investors. Jim Bianco, a prominent market analyst, highlighted an exceptionally rapid surge in the 30-year Treasury...