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Tag: Industry
The SEC Smashes a Buzzer in Crypto Industry
The United States Securities and Exchange Commission (SEC) has made it clear that the majority of crypto services and products are categorized under securities. The SEC remains bold in crypto regulati...
Senator Elizabeth Warren Launching Anti-Crypto Army in Washington, Says Industry Is for Money Laundering: Report
Massachusetts Senator Elizabeth Warren is pushing forward with a political campaign to regulate the crypto space, an industry that she and her coalition believe threatens national security. According ...
German Industry Giant Siemens Issues Its First Digital Bond On The Blockchain
Join Our Telegram channel to stay up to date on breaking news coverage Siemens, an industry giant in the German market, has issued the country’s first digital bond in accordance with the country’s Ele...
SEC Planning New Rule Change for Crypto That Makes It Harder for Hedge Funds To Work With Industry: Report
A new proposal from the U.S. Securities and Exchange Commission (SEC) is reportedly going to make it more challenging for hedge funds to work with the crypto industry. According to Bloomberg, the SEC ...
Industry Needs Access but US Regulators Keep Digital Assets at Bay
“Obviously a couple people have gotten into trouble, but [regulators] aren’t saying, ‘Hey, you can’t bank these clients, they’re verboten,” Butler said. “They’re definitely trying to ring-fence it … b...
CPI Housing Costs Remain Elevated, Industry Data Disagrees, Here’s Why
Jerome Powell, chairman of the US Federal Reserve. January CPI data was broadly encouraging, but may … [+] not be enough to change the Fed’s plans to hike rates at future meetings. Photogr...
Led by Bitcoin, blockchain industry starts 2023 off strong: Report
2023 is off to a great start, with Bitcoin (BTC) rocketing up 40% in January. The good news is not relegated to just Bitcoin, however, as this price increase has sent ripple effects across the cryptov...
Binance CEO Warns of ‘Profound Impacts’ on Crypto Industry if BUSD Is Ruled as a Security – Altcoins Bitcoin News
Binance CEO Changpeng Zhao (CZ) has warned of “profound impacts” on the crypto industry if stablecoin Binance USD (BUSD) is ruled as a security. His warning followed an alleged lawsuit by the U.S. Sec...
Saudi Arabia goes electric to launch homegrown car industry
For decades, Saudi Arabia has attempted to launch its own car industry with nothing to show for it. It is now trying again — but this time with electric vehicles. The electric vehicle initiative is pa...
Energy industry faces ‘death by a thousand cuts’, warns major power supplier to Britain
Prime Minister Rishi Sunak and newly appointed Secretary of State for Energy Security and Net Zero, Grant Shapps – Jamie Lorriman/Pool via REUTERS Britain’s energy industry risks “death by a tho...
Paypal Puts Stablecoin Plans on Hold as US Regulators Crack Down on Crypto Industry – Bitcoin News
During the first week of 2023, payment service giant Paypal said it was exploring the launch of a stablecoin. At the time, an executive at Paypal stated that if the company moved forward, it would wor...
LBank Welcomes UK’s Call for Industry Feedback
INTERNET CITY, DUBAI, 11th February, 2023, Chainwire The UK’s financial ministry published a long-awaited consultation paper regarding crypto regulation, calling for industry feedback. The paper echoe...
LBank welcomes UK’s call for industry feedback
The UK’s financial ministry published a long-awaited consultation paper regarding crypto regulation, calling for industry feedback. The paper echoed the UK’s ambition to be a key player in the crypto ...
SEC chair Gensler puts crypto industry on notice
In an interview on Feb. 10, acting SEC chair Gary Gensler put the crypto industry on notice over staking, and U.S. regulations. SEC to hammer down more exchanges Barely 24 hours after the shutting do...
Kraken CEO Calls on Congress to Protect US Crypto Industry Following Settlement With SEC Over Staking Program – Regulation Bitcoin News
The CEO of crypto exchange Kraken, Jesse Powell, has called on Congress to pass a law to protect the U.S. crypto industry after the Securities and Exchange Commission (SEC) took action against his tra...
Kraken move should put crypto industry ‘on notice,’ Gensler says
Securities and Exchange Commission Chair Gary Gensler sent another warning shot to the crypto industry this morning, just a day after the regulator said it settled with the Kraken exchange over allega...
Blockchain Association Calls on Congress to Intervene, End SEC’s ‘Attack’ on Crypto Industry
Blockchain Association CEO Kristin Smith has released a statement on the U.S. Securities and Exchange Commission’s abolition of staking on the crypto exchange Kraken. The Washington DC-based organizat...
SEC’s targeting of Kraken staking program sends shockwaves through industry
The Securities and Exchange Commission’s move to charge crypto exchange Kraken with failing to register the offer and sale of its “crypto asset staking-as-a-service program” signals an aggressive new ...
Why Paris is a Hub for Talents and Development in the Blockchain Industry
[PRESS RELEASE – Please Read Disclaimer] PARIS, 25th Jan – Blockchain and other new generations of information technology innovation continue to make significant progress, while the metaverse and Web3...
RenQ Finance Token Presale Launched – Project Set to Revolutionize the DeFi Industry
Introduction Just like new projects and companies spring up now and then in the real world in a bid to create a solution, the DeFi space is no exception to this either. As DeFi, Decentralized Finance ...
Binance Tries to Save The Crypto Industry, Again
Binance, the world’s biggest cryptocurrency exchange, is reportedly trying to rebuild trust in crypto with a consortium of crypto companies. The move aims to rebuild trust in the industry and engage w...
Binance Organizes Crypto Consortium to Revive Trust in Blockchain Industry
Binance, the biggest exchange in crypto, seeks to revive trust in the industry after an onslaught of hacks and scams that ravaged its reputation last year. The company is helping bring together a con...
Red Bull Ford Partnership, Ford Special Dividend And Investing In The Auto Industry In 2023
Getty Images Key takeaways Ford has announced a long-term partnership with Red Bull as the automaker returns to F1 racing The company also announced a special dividend for investors after a profitable...
Crypto Industry Thrives Amid Dwindling VC Participation: Miller
In Q4 2022, Venture Capitalist (VC) participation in crypto dropped by 75% from the year before. VCs are a significant source of liquidity for the cryptocurrency industry. Despite the drop in VC parti...
File Transfer Giant Wetransfer Joins NFT Industry, Partners with Blockchain Platform Minima for March Launch of Minting Product
– Advertisement – File transfer service giant Wetransfer announced Monday it is collaborating with blockchain platform Minima to offer a non-fungible token (NFT) minting product in March. ...
Fake seafood industry getting big investment dollars
While the plant-based burger wars have been waging for several years now, plant-based fish is just in its infancy. But that is about to change, as new contestants enter the mix with various types of f...
WeTransfer Enters NFT Industry Via Minima Partnership: Report
WeTransfer, a freemium model file-sharing platform, has moved towards Web3 with a recently announced partnership with Minima that would allow users to create and send NFTs from their phones. Creativit...
Bitget joins crypto industry in supporting Turkey earthquake victims
Singapore-based Bitget crypto exchange has reportedly donated ₺1 million ($53,000) to help the victims of a devastating magnitude 7.8 earthquake that hit southern Turkey at 4:17 a.m. on Feb. 6, 2023. ...
Only 13 companies have issued upbeat profit forecasts for Q1, but earnings are due from this pessimism-resistant industry
A tough fourth quarter for corporate earnings is largely in the past, and the first quarter isn’t exactly looking great either, but upcoming results this week from the one industry spared by the pande...