President Biden Announces Decision to Not Seek Reelection (Copy of Letter)
The following is a copy of the announcement made today by President Biden that he will not seek reelection:
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President Biden Thanks Nigerian President for Binance Exec’s Release: White House
President Joe Biden made a call to the Nigerian president on Tuesday to share his thanks for the release of detained Binance executive Tigran Gambaryan. Biden also spoke of the agreement between the nations to cooperate on law-enforcement matt...
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Crypto Ghosted in U.S. Treasury Department's New Strategy on Financial Inclusion
A new U.S. strategy to promote financial inclusion isn't leaning on crypto as an option, but it did briefly mention the technology as a risk. The Biden administration push comes as Vice President Kamala Harris has been warming up to crypto duri...
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As BIS Mulls Shutting Down mBridge, Its Innovation Hub Calls The Project a ‘Public Good’
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Hong Kong SFC to Establish ‘Consultative Panel’ for Licensed Crypto Exchanges
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Hong Kong Considering Tax Concessions for Crypto Investments
Virtual assets could be included in a new set of tax concessions. Regulatory updates are also in the works for stablecoin issuers, OTC trading services and custodians. Virtual assets are among a list of proposed investment types that could re...
Policy
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FTX's $228M Settlement With Bybit Brings Conclusion of Epic Liquidation Closer
The FTX bankruptcy checked off another major cash settlement, this time for more than $200 million from crypto exchange Bybit. The influx of cash will serve the already-approved FTX dispersal plan in which the recovery of as much as $16.3 billi...