Tag: Business
Gary Gensler Will Step Down as SEC Chair When Trump Assumes Office
Gary Gensler, the Chair of the U.S. Securities and Exchange Commission, has announced that he will be leaving the agency completely on the day that Donald Trump becomes the president in January. This means...
U.S. SEC Crypto Lawsuit Loss Over ‘Dealer’ Definition in Crypto Industry
The U.S. Securities and Exchange Commission (SEC) recently faced a setback in a Texas federal court regarding its expanded definition of a securities dealer that included firms in the cryptocurrency sector. This ruling came...
The Media’s Fascination with Cryptocurrency’s Dark Side
The fascination with the dark side of cryptocurrency has been a hot topic lately, with social media feeds flooded with crypto enthusiasts touting the success of bitcoin. But how did we get here? Why...
New Title: SEC Chair Gary Gensler Resignation Effective Jan. 20
SEC Chair Gary Gensler will be resigning from his position on Jan. 20, 2025, according to a recent Commission statement. Gensler, who has been in the role since April 2021, expressed his gratitude for...
Establishing Trump’s Crypto Advisory Council and Strategic Bitcoin Reserve: A Detailed Report
President-elect Donald Trump is making moves to establish a Crypto Advisory Council and a Strategic Bitcoin Reserve, as reported by Reuters on Nov. 21. This proposed council, dedicated to crypto matters, would be a...
Blockchain Partnership Between Mastercard and JPMorgan Enhances Foreign Exchange Services
Mastercard has teamed up with JPMorgan to enhance their foreign exchange services for businesses. This partnership aims to provide more transparency, faster settlement, and reduce time zone issues in cross-border payments for B2B transactions.The...
Sui Network Outage Leads to 7% Price Drop in Bull Market
Sui Network Outage Leads to 7% Price Drop in Bull MarketThe Sui network recently experienced a major outage, causing a 7% drop in the price of SUI tokens. This outage disrupted the network's validators...
Bitcoin Price Surges Past $97K Amid ‘Trump Trade’ Frenzy
Bitcoin continues its upward momentum, with the price surging past $97,000 on Thursday. This rally, triggered by a Republican victory earlier in the month, shows no signs of slowing down. In fact, BTC traded...
Transforming UK’s Digital Finance Landscape: Agant’s GBPA Regulatory-First Approach
Agant, a British stablecoin startup, is set to revolutionize the digital finance landscape in the UK with the launch of GBPA. This new pound sterling stablecoin aims to provide a regulatory-compliant alternative to existing...
AI Data Centers: Boosting Bitcoin Mining Economics
The rise of AI data centers could have a positive impact on the economics of bitcoin mining in the future. The competition between AI data centers and bitcoin miners for access to cheap electricity...
