SEC Blocks Crypto Rules, Coinbase Throws Down the Gauntlet
On Friday, Coinbase Global submitted a petition to the U.S. Securities and Exchange Commission requesting new regulations for the digital asset industry. The largest cryptocurrency exchange in the nation said that it will file a lawsuit against the decision.
Dec 16, 2023 10:10 AM EST
CEOs Urge Lawmakers: Pump the Brakes on Regulations, Risk Economic Fallout
The heads of Wall Street's largest banks appeared on Capitol Hill on Wednesday to ask senators to stop the Biden administration's proposed changes to how banks are regulated, warning that the new proposals could harm the economy at a time of geopolitical turmoil and inflation.
Bitcoin Climbs to $40,000, Fueling Optimism in Crypto Markets
For the first time this year, Bitcoin has above $40,000 as traders await the upcoming approval of U.S. stockmarket-traded bitcoin funds and the widespread excitement surrounding U.S. interest rate reduction.
Nvidia's Secret Weapon? Tiny Singapore Packs a Powerful Chip Punch
When the American chip company Nvidia released its impressive third-quarter earnings last week, industry watchers noted that a sizable portion of its income originated from a single little country.
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Soccer Star Cristiano Ronaldo Faces $1 Billion Lawsuit for Promoting Binance NFTs
Cristiano Ronaldo, a Portuguese soccer player, is being sued in a class-action lawsuit for his part in pushing to millions of his followers cryptocurrency-related "non-fungible tokens," or NFTs, released by the struggling cryptocurrency exchange Binance.
Dec 01, 2023 8:44 AM EST
Binance CEO's Guilty Plea and $4 Billion Fine Signal Crackdown on Crypto Money Laundering
Zhao resigned as the CEO of the business, and Binance acknowledged breaking the Bank Secrecy Act as well as possibly breaking sanctions laws by failing to set up procedures for reporting suspicious transactions.
Nov 22, 2023 8:00 AM EST
7 Unique NFT Use Cases For The Interested Investor
And the world of NFTs expands far beyond art and collectibles. A new era of tokenized digital assets is being created using the blockchain. Here are seven unique NFT use cases that the interested investor should know.
Mar 27, 2023 12:39 PM EDT
Why Your 401(k) and Crypto Investments are Keys to Your Future, According to Finance Guru Joy Mbanugo
Investor, financier, and expert in both cryptocurrencies and blockchain technology, Joy Mbanugo is the go-to in the sector. She has vast experience and knowledge across tax services, auditing, business operations, financial analysis, capital markets, and other specializations.
Aug 15, 2022 11:11 AM EDT