U.S. Commerce Secretary Gina Raimondo told CNBC’s Jim Cramer on Monday that she believes GlobalWafers will follow through on its plan to build a silicon wafer factory in Texas — but only if Cong...
Tag: Act
Why The AICO Act Will Threaten Consumers And Merchants’ Ability To Choose And Stifle Innovation
getty Like many ordinary consumers who make multiple buying decisions every day, my husband has to decide what he wants to buy, whether he should purchase online or from a local store, and which merch...
‘We are in an extreme whoosh’ and should act accordingly
That loud sucking sound we hear is the stock market digesting the work of a hawkish Fed that’s trying to fight unexpectedly sticky inflation. “We expect a tumultuous year, and our plan was...
US Court Behest Terra (LUNA) Founder To Act In Accordance With SEC Subpoena
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JPMorgan Analyst Says Ethereum’s Merge Can Act As A Fresh Catalyst To The Crypto Industry
In a note addressed to clients, Ken Worthington, analyst at JPMorgan, said May was quite a destructive month for crypto investors and the whole industry. The ecosystem requires a “fresh catalyst” to a...
Bulgarian Chief Prosecutor Accused of Willfully Failing to Act Against Onecoin Fraudsters – Coinotizia
The legal representative of victims of the Onecoin bitcoin scam operation, Jonathan Levy, has accused the Bulgarian prosecutor of deliberately failing to take action against Onecoin. The lawyer said d...
Bulgarian Chief Prosecutor Accused of Willfully Failing to Act Against Onecoin Fraudsters – Regulation Bitcoin News
The legal representative of victims of the Onecoin bitcoin scam operation, Jonathan Levy, has accused the Bulgarian prosecutor of deliberately failing to take action against Onecoin. The lawyer said d...
Netflix and rivals enter pivotal second act of streaming wars saga
Reed Hastings, Co-CEO, Netflix speaks at the 2021 Milken Institute Global Conference in Beverly Hills, California, U.S. October 18, 2021. David Swanson | Reuters The media and entertainment industry p...
Congressman Madison Cawthorn Violates the Federal STOCK Act
Disclosing assets and managing finances is a complicated matter in the United States. The country’s lawmakers are required to report their investments within 45 days, according to the Federal STOCK Ac...
Crypto Carbon Trading Is Racing to Clean Up Its Act; Cryptos Drop Even as Stocks Rise
“Some traditional internet business models, like advertising, are likely to persist in the metaverse. However, with blockchain-adjacent technologies such as decentralized identity and zero-knowl...
The Great Gold/Bitcoin Debate – Act Three
(Photo by Dan Kitwood/Getty Images) Getty Images To those who are constant readers (thank you), you have seen me write on a few occasions about what we at Proficio Capital Partners call our “Hard Curr...
Arthur Hayes Avoids Prison for Violating US Bank Secrecy Act
Benjamin Dalo and Sam Reed also pleaded guilty Two other co-founders have also been ordered to pay $10 million each BitMEX was founded in 2014, the parent company is HDR Global Trading Bitmex prime su...
Bitmex Co-Founder Arthur Hayes Avoids Prison for Violating US Bank Secrecy Act – Regulation Bitcoin News
Bitmex co-founder Arthur Hayes is not going to prison for violating the U.S. Bank Secrecy Act. Instead, the former crypto exchange CEO has been sentenced to “six months of home detention and two years...
Florida Rep. Donalds introduces Financial Freedom Act companion bill in the House
Rep. Byron Donalds, a Florida Republican, introduced the Financial Freedom Act into the United States House of Representatives on Friday to prevent the U.S. Department of Labor from limiting the types...
Biden Invokes Defense Production Act To Require Manufacture Of Baby Formula Ingredients
Topline President Joe Biden is invoking the 1950 Defense Production Act (DPA) to make companies produce vital baby formula ingredients as part of a raft of new measures to lessen the ongoing national ...
Biden invokes Defense Production Act to boost baby formula manufacturing to ease shortage
President Joe Biden on Wednesday invoked the Defense Production Act to increase baby formula manufacturing to ease a nationwide shortage caused by the closure of a key plant in Michigan. Biden is requ...
Russia Expels French, Italian And Spanish Diplomats In ‘Hostile Act’
Topline Russia expelled dozens of European diplomats from its country Wednesday, the latest retaliatory move by the Kremlin after Western countries expelled hundreds of Russian diplomats in response t...
Considering a Lump-Sum Pension Payout? Here’s What to Know, and Why to Act Soon.
Workers who are considering taking a lump-sum payment from their employer-sponsored pension in retirement shouldn’t wait much longer to decide, as the Federal Reserve’s planned series of interest-rate...
The Dakar Hydrogen Racer Comes To The ACT Expo In Long Beach
The Gaussin Dakar Rally hydrogen truck GAUSSIN As a part of its worldwide tour to promote hydrogen heavy duty and logistics vehicles, French manufacturer Gaussin is bringing its Dakar-tested hydrogen ...
Senator Introduces Financial Freedom Act to Allow Crypto in Pension Plans
The Republican lawmaker believes the government should not limit the type of assets that people can select for their retirement plans. In an op-ed for CNBC on May 5, Tuberville wrote that: “The federa...
Senator’s Financial Freedom Act would ensure Bitcoin can be in your 401(k)
Republican Senator Tommy Tuberville from Alabama has unveiled a new bill he calls the Financial Freedom Act to allow Americans to add cryptocurrency to their 401(k) retirement savings plan unencumbere...
Bitmex’s Arthur Hayes Requests Leniency, No Jail Time for Violating the US Bank Secrecy Act
Quick take: Bitmex’s founder and former CEO, Arthur Hayes, has requested leniency from the judge handling his court case Mr. Hayes is requesting no jail time and permission to live abroad and travel f...
Why is Crypto Market considered to act like Dot Com Magnitude Crash?
For a long time now, crypto has been here and while seeing it keep its journey full of ups and downs make many people think of it as a bubble to burst The way crypto market acts many experts and analy...
The Fed Should Follow Volcker’s Playbook and Act Boldly This Week
It’s going to be an interesting week for the markets and the economy. It’s the first week in May, and often we see investors follow the saying, “Sell in May and go away.” That ...
FinCEN acting director says PATRIOT Act provision isn’t ‘right sized’ for crypto enforcement
Him Das, the acting director of the United States Financial Crimes Enforcement Network, or FinCEN, said some of the government bureau’s tools to fight money laundering and terrorism financing may be i...
First Gold-Bitcoin ETF to Kick off in EU on SIX Exchange; Coinbase and JP Morgan Act as Custodians
Yuri Molchan ETF based on combination of two most popular store-of-value assets to debut in Switzerland and Germany with Coinbase and JP Morgan acting as custodians As reported by The Financial Times,...
FinCEN Needs More Oversight But Congress Needs To Fix The Bank Secrecy Act
Natalie Edwards leaves Federal court Wednesday, Jan. 30, 2019, in New York. Edwards, a senior … [+] official at the department’s Financial Crimes Enforcement Network, also known as FinCEN,...
Microstrategy’s Stock To Act As Spot BTC ETF As The SEC Approval Is Awaited
CEO of MicroStrategy, a company that owns Bitcoin worth billions of dollars, Michael Saylor, in an interview with CNBC, said that the stocks in his company are acting as spot bitcoin exchange-traded f...
SEC Risks Violating Admin Procedure Act by Rejecting Spot Bitcoin ETFs, Says Grayscale – Regulation Bitcoin News
Grayscale Investments’ CEO explains that the U.S. Securities and Exchange Commission (SEC) could potentially violate the Administrative Procedure Act by not approving a spot bitcoin exchange-traded fu...
Crypto Banking Is Maturing– Breaking Down The TRUST Act
Getty getty Cryptoassets might have begun as an attempt to construct a trustless ecosystem that had no need for traditional financial intermediaries such as banks, payment processors, and other centra...
Stablecoins Experience 500% Growth Since 2021; Democrats Need to Act
Currently, Democrats are divided on whether the Biden Administration or Congress should be directly addressing stablecoin regulation, as questions surrounding whether the dollar-pegged asset should fa...