The United States Federal Reserve has denied a request from cryptocurrency bank Custodia Bank to reconsider its membership application to the Federal Reserve System, while a district court has allowed...
Tag: Federal
Federal Reserve warns banks about crypto – Here is what to know – Cryptopolitan
The Board of Governors of the Federal Reserve System (Federal Reserve), the Federal Deposit Insurance Corporation (FDIC), and the Office of the Comptroller of the Currency (OCC) have issued a statemen...
Bitcoin Dips Following New Federal Reserve Fears
Bitcoin incurred a bit of a fall at the end of January after it was revealed that the Federal Reserve was going to potentially enforce another small rate hike. Everyone was on edge after the ongoing d...
Caitlin Long’s Custodia Bank receives second rejection from Federal Reserve
The U.S. Federal Reserve announced on Feb. 23 that it had denied a request through which Custodia Bank sought supervision from the government agency. Custodia asked the Federal Reserve to reconsider a...
Federal Prosecutors Charge SBF with New Financial Crimes
SBF has been charged of four new financial criminal charges. The charges include conspiracy to commit bank fraud and involvement in an unlicensed money-transacting business. Allegedly, SBF conspired w...
Federal Reserve Frets $31 Trillion Time Bomb Along With Asia
As the deadline for raising the federal debt limit approaches, Kevin McCarthy (R-CA) said he would lead his caucus in opposition to President Joe Biden’s legislative agenda. Chip Somodevilla/Get...
Banks Are Still Allowed to Service the Crypto Industry, Clarifies Federal Reserve
America’s 3 federal bank regulators had a clarifying message for banking organizations on Thursday: servicing the crypto industry is neither illegal nor discouraged. That said, the institutions – inc...
Jamie Dimon says the Federal Reserve has ‘lost a little bit of control of inflation’
JPMorgan Chase CEO Jamie Dimon said Thursday that the Federal Reserve has lost some control of inflation, but noted the U.S. economy continues to show signs of strength. “I have all the respect ...
NBA Top Shots NFTs Might Be Securities, Rules Federal Judge in Dapper Lawsuit
Dapper Labs will be forced to face a lawsuit from the Securities and Exchange Commission (SEC) alleging that the NFT Top Shot NFT Moments on its platform are unregistered securities, following a judge...
Federal Judge Rules NBA Top Shot NFTs May Be Considered Unregistered Securities – Bitcoin News
A federal judge, Victor Marrero, ruled on Wednesday that the NBA Top Shot non-fungible tokens (NFTs) issued by Dapper Labs may meet the requirements to be considered an unregistered security. The case...
US Federal Trade Commission Investigates Marketing Schemes of Crypto Firm Voyager – Bitcoin News
According to a court document filed recently in the Voyager Digital bankruptcy case, the U.S. Federal Trade Commission (FTC) is investigating the marketing of the crypto firm. Like the U.S. Securities...
Federal Trade Commission investigates Voyager’s ‘deceptive and unfair’ crypto marketing
Legal • February 22, 2023, 10:52AM EST The Federal Trade Commission is investigating crypto broker Voyager Digital, the agency said in a bankruptcy court filing. The FTC is investigating Voyager...
Federal Judge Hints Former FTX CEO Bail Reversal Amid Discussions On Bail Terms
Join Our Telegram channel to stay up to date on breaking news coverage What – Following recent reports, the court will revoke Sam Bankman-Fried’s bail over several misconducts. Why – SBF has been unde...
Is there a federal inheritance tax? How much inherited money is taxed state-by-state.
If you’re lucky enough to have inherited some assets from someone who has passed away, you might not feel so lucky when you discover you may owe taxes on them. Depending on where the person who passed...
San Francisco federal bank eyes CBDC system development, reveals job posting
The Federal Reserve Bank of San Francisco is looking for a software engineer to help develop and implement systems related to a central bank digital currency (CBDC). On Feb. 18, the San Francisco Fed ...
Former FTX exec will plead guilty to federal charges with a deal: Report
Nishad Singh, the co-founder and former chief engineer of bankrupt crypto exchange FTX, is working on a plea deal with prosecutors, Bloomberg reported on Feb. 17. The deal, which would see the 27-year...
Federal Judge Hints ex-FTX Sam Bankman Fried About His Freedom
The judge bans Sam from using VPN; this shows the court’s strictness on cryptocurrencies. Sam Bankman was the founder of the world’s third-largest crypto exchange. FTX former CEO Sam Bankman Fried is ...
SEC Chairman Proposes Amending Federal Custody Rules to Cover ‘All Crypto Assets’ – Regulation Bitcoin News
U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler has proposed amending federal custody rules to cover “all crypto assets.” The SEC chief said: “Though some crypto trading and lendin...
Federal Judge Tightens SBF’s Bail: Imposes Restrictions on VPN Use
The US Federal Judge ordered SBF to stop using virtual private networks. The order was in response to the attorneys’ concern over his hidden online activities. In a letter, the attorneys reported that...
Federal Reserve Governor Compares Crypto to Baseball Cards
Federal Reserve Governor Christopher Waller recently advised against investing in cryptocurrencies, stating that prices could fall to zero and investors should not expect the government to bail them o...
Federal Officials Obtain More than $3 Million in BTC from Fraudsters
Federal officials have recovered close to $3 million in stolen crypto funds. The money was taken through a fraud scheme that resulted in more than 150 bitcoin units traveling into criminal hands. Fede...
U.S. Federal Reserve Governor Compares Crypto Assets to Baseball Cards, Argues They’re Just Speculative
A high-ranking crypto-skeptic in the U.S. Federal Reserve thinks digital assets are like baseball cards and have no intrinsic value. Christopher J. Waller, one of the seven members of the Fed’s Board ...
Bitcoin Slumps Below $23,000 As Investors Assess Impact of Federal Reserve Interest Rate Moves ⋆ ZyCrypto
Advertisement     Bitcoin continued to slide Friday after losing support at the $23,000 level on Sunday. At press time, the largest cryptocurrency by market capitaliza...
Federal Reserve Officials Say More Interest Rate Hikes Are Needed to Curb Inflation
– Advertisement – Several Federal Reserve governors and presidents say that more interest rate hikes are needed to curb inflation. “We are not done yet with raising interest rates,” Fed Go...
Redwood Wins $2 Billion Federal Loan To Scale Up Production Of Battery Materials For Electric Cars
Redwood Materials is starting to produce anode material for lithium-ion batteries in Carson City, Nevada. Redwood Materials Redwood Materials, the battery recycling and components maker created by Tes...
U.S. Democrats Seek More Info On Federal Crypto Mining Data Collection
United States Democrats have actively followed most of cryptocurrency’s major events and activities. The lawmakers’ interests cut across several crypto aspects, such as regulations and controls, opera...
US Federal Reserve on Bitcoin’s Response To Monetary News
US Federal Reserve reports a disconnect between Bitcoin and macroeconomic fundamentals. Sensitivity of Bitcoin, the US Dollar, metals, and other stock prices to macroeconomy news is studied. On Wedne...
Sam Bankman-Fried’s Lawyers Reach Agreement with Federal Prosecutors
The attorneys for Sam Bankman-Fried have struck a settlement with the federal prosecutors who are investigating his usage of chat applications. SBF “must not utilise any encrypted or ephemeral c...
Watch Federal Reserve Chair Jerome Powell discuss inflation, interest rates and the economy
[The stream is slated to start at 12:40 a.m.ET. Please refresh the page if you do not see a player above at that time.] Federal Reserve Chairman Jerome Powell speaks Tuesday afternoon in a question-an...