Regulation
California City Launches New ‘Bitcoin Office’ Dedicated to ‘Transformative Potential’ of BTC
Santa Monica, California, is launching a new office dedicated to educating the community about Bitcoin (BTC). In a new announcement,...
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SEC Subpoenas Crypto Venture Capital Firms in Potential Enforcement Actions Against Digital Asset Industry: Report
The U.S. Securities and Exchange Commission (SEC) has reportedly subpoenaed at least three crypto venture capital firms in 2024. Citing...
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Crypto Industry Leaders Lash Out at Democrats in Meeting Hosted by Congressman Ro Khanna: Report
Crypto executives reportedly expressed their dismay about how Democrats have targeted the digital asset industry in the last four years...
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Winklevoss Twins Slam CFTC’s New Proposed Rule Against Event Contracts, Say Proposal To Be Struck Down by Courts
Gemini co-founders Tyler and Cameron Winklevoss are blasting the Commodity Futures Trading Commission (CFTC) for proposing a new rule against...
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US Treasury Begins $50,000,000,000 Liquidity Injection As Trillion-Dollar Bond Market Witnesses Weak Demand
The Treasury Department is beginning to buy tens of billions of dollars in US bonds in a push to bolster...
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US Commodities Regulator Shells Out $1,000,000 to Crypto Whistleblower Who Reported ‘Improper Trading’
The Commodity Futures Trading Commission (CFTC) paid a whistleblower more than $1 million for informing the regulator about “improper trading”...
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JPMorgan Chase, Bank of America and Wells Fargo Under Federal Investigation Over Hundreds of Millions of Dollars in Scams and Fraud on Instant Payments Platform Zelle
JPMorgan Chase, Bank of America, Wells Fargo and other unnamed large banks are reportedly facing a federal investigation over scams...
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JPMorgan Chase’s Plan to Charge 80,000,000 Customers for Basic Checking Accounts and Services Is ‘Outrageous,’ Say US Senators in Blistering Response to Banking Giant
JPMorgan Chase is already hearing from US lawmakers after declaring it may soon impose unprecedented fees on its 80 million-plus...
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U.S. Federal Reserve Hits Customers Bank With Enforcement Action Related to Crypto Services
The governing body of the Federal Reserve System has issued an enforcement action against Customers Bancorp, the parent company of...
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US Court Orders Bankrupt Crypto Exchange FTX To Pay $12,700,000,000 to Former Customers and Fraud Victims
A US court has ordered bankrupt crypto exchange FTX to pay $12.7 billion in monetary relief to customers who suffered...
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