President Biden says he would veto resolution countermanding SEC crypto rule
After the U.S. House of Representatives postponed proceedings on a resolution overturning an SEC policy affecting crypto, President Joe Biden said he would veto the measure.
Related Posts
Crypto donations fund fire relief efforts on Maui
The Giving Block matched more than $68,000 in crypto and fiat donations to raise more than $136,000 for a project aimed at assisting efforts following the fires in Maui. 78 Total views 2 Total shares Relief efforts are still underway on the Hawaiian island of Maui following a series of wildfires severely damaging major areas
El Salvador’s dollar debt dives on Bitcoin bond plans
Investors have grown weary of El Salvador’s dollar debts as the country further adopts Bitcoin, meanwhile the IMF has recommended that BTC not be used as legal tender. 1483 Total views 15 Total shares El Salvador’s dollar-denominated bonds have fallen to an all-time low as the Central American nation’s debt started trading in "distressed territory"…
Bitcoin ‘big move’ due in July after March $30K push — Latest analysis
Bitcoin “consolidation” could end by July, new research predicts as optimism over a BTC price breakout returns.In its latest market update on June 2, trading firm QCP Capital revealed a bullish bias on both Bitcoin (BTC) and the largest altcoin, Ether (ETH).QCP Capital: Bitcoin consolidation “played out perfectly”Bitcoin price has been ranging between $26,000 and $31,000 since…
China’s Congress Proposes Blockchain Development Fund
NPC, China’s parliament suggests a government backed blockchain development fund to build a better governance system. 860 Total views 29 Total shares National People’s Congress, China’s parliament and Chinese People’s Political Consultative Conference, the most powerful political advisory body in the country, have recently begun their annual sessions. These are widely referred to as the…
Bank of International Settlement calls the rise of decentralized finance ‘an illusion’ in latest quarterly review
Even though the total value locked in DeFi protocols has eclipsed $246 billion, it was not enough to please the BIS. 1219 Total views 9 Total shares On Monday, the Bank of International Settlement, or BIS, a financial institution owned by central banks worldwide, published a report scrutinizing the development of the decentralized finance, or…
47% of traditional hedge funds maintain crypto exposure: Report
A survey reveals that nearly half of traditional hedge funds now have exposure to digital assets, with global regulatory clarity boosting confidence.
Tokenized Carbon Credits Exchange for Airlines Launches in Singapore
Carbon exchange AirCarbon launched a global tokenized carbon credits trading platform in Singapore.Business news outlet Business Times reported on Oct. 30 that the platform will allow firms such as airlines to buy and sell tokens representing carbon offset credits or Eligible Emission Units (EEUs), approved by the International Civil Aviation Organization (ICAO).The first token representing…
China Tracks Victims of Coronavirus with WeChat and Alipay
The government of Hubei, the Chinese province at the epicenter of the COVID-19 (Coronavirus) outbreak, issued a report on Feb. 18 detailing measures taken against the disease. The officials revealed that they tracked both offline and online purchases of fever medicine to organize relief efforts.As the emergency situation shows no signs of slowing down, provincial…