federal
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Regulation
JPMorgan Chase, Citibank and Goldman Sachs Drafting Landmark Lawsuit Against Federal Reserve: Report
A group of America’s biggest banking titans are considering whether they should pull a shocking move – suing the U.S.…
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Regulation
CFTC Chair Rostin Behnam Has ‘Magnified’ Concerns Over Bitcoin Regulation, Says New Federal Legislation Needed
The Chair of the Commodity Futures Trading Commission (CFTC) says he is increasingly concerned about the growing accessibility of Bitcoin…
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Regulation
Tether’s USDT Breaks $85,000,000,000 Market Cap As Fed Vice Chair Calls for Federal Stablecoin Regulation: Report
The largest US dollar-pegged stablecoin by market cap is surging to new heights as talk of crypto regulation in the…
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Regulation
Federal Reserve’s Michael Barr comments on stablecoin regulations, CBDCs
Michael Barr, vice chair for supervision at the U.S. Federal Reserve, commented on matters related to stablecoins and CBDCs on…
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Regulation
Biden to sign executive order regulating AI use in federal government
U.S. President Joe Biden is expected to sign an executive order on artificial intelligence (AI) regulation, the Washington Post said…
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Regulation
Federal Reserve holds rates steady amid inflation concerns; future hikes still possible
The Federal Open Market Committee (FOMC) confirmed today that the benchmark interest rates will remain steady at 5.25% to 5.50%.…
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Regulation
Federal Reserve shuts down Farmington Bank over unapproved stablecoin project
The Federal Reserve took action against Farmington State Bank on Aug. 17, asserting the bank took on a stablecoin strategy…
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Regulation
FDIC and Other Federal Agencies ‘Closely Monitoring’ Banks’ Exposure to Crypto Assets
The Federal Deposit Insurance Corporation (FDIC) says it is working with other federal authorities to keep a close eye on…
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Scams
Sam Bankman-Fried Sent to New York Prison After Federal Judge Revokes Bail: Report
Former FTX CEO Sam Bankman-Fried will reportedly wait for his October trial in prison after a federal judge revoked his…
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Regulation
Former Associate of Sam Bankman-Fried Talking to Federal Prosecutors About Potential Plea Deal: Report
A close Sam Bankman-Fried associate is reportedly negotiating with federal prosecutors to plead guilty to criminal charges arising from the…
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