Regulation
US Government Adds $204,273,438,011 To National Debt on First Day of New Fiscal Year
The US government’s massive pile of debt is reaching fresh heights as a new fiscal year begins. The Treasury Department’s...
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$4,500,000,000 Crypto Firm Bitwise Files for First XRP-Based ETF With SEC: Report
A prominent player in the crypto investment space is filing for a new digital asset exchange-traded fund (ETF) with the...
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Fed’s Jerome Powell Dampens Hope for Big Rate Cut This Year, Says Policy To Move Toward Neutral Stance
U.S. Federal Reserve Chair Jerome Powell anticipates future monetary policy will evolve into a more “neutral stance.” While speaking at...
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Ex-Chinese Vice Minister Urges China To Assess Cryptocurrencies Following US Bitcoin Pivot: Report
A former high-ranking Chinese government official is reportedly urging his country to look into cryptocurrencies. Chinese media outlet Sina reports...
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US Judge Denies Tornado Cash Developer Roman Storm’s Motion To Dismiss, Trial Set for December: Report
Judge Katherine Polk Failla of the Southern District of New York has reportedly denied the motion to dismiss the charges...
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$7,000,000,000 in Fees Drained From Customers and Businesses Every Year by Visa in Alleged Monetary Monopoly: US Department of Justice
The U.S. Department of Justice (DOJ) is suing payments giant Visa for allegedly maintaining an illegal market monopoly to keep...
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U.S. SEC Settles With Solana-Based DEX Mango Markets for Nearly $700,000 Over Alleged Securities Violations
The U.S. Securities and Exchange Commission (SEC) has agreed to a settlement with the Solana (SOL)-based decentralized exchange (DEX) Mango...
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$1,100,000,000,000 Pours Into US Banks Amid High Interest Rates As JPMorgan Chase, Bank of America Pay Pittance To Depositors: Report
US banks have reportedly raked in more than $1 trillion after two and a half years of the Fed’s “higher...
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JPMorgan Chase Accused of Refusing To Reimburse Customers, Failing To Terminate Scammer’s Accounts Amid Federal Probe: Report
A federal investigation into banking giant JPMorgan Chase is targeting how the bank handles and protects potential victims of fraud,...
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China Abruptly Unleashes $113,000,000,000 in Liquidity, Propping Up Stock Market and Powering Major Rally
China has announced it will allow institutional investors to use central bank financing to make stock purchases. The Chinese government...
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