U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler has been accused of misleading Congress by Rep. Patrick McHenry, the chairman of the House Financial Services Committee, who said Gensler’s agency already knew it considered Ethereum’s ether a security before he attended a hearing and declined to answer that question.
Former Binance CEO and crypto pioneer Changpeng Zhao will be the richest person to ever serve time in a U.S. prison.
Recent U.S. economic data could prompt more hawkish forward guidance from the Federal Reserve.
Prospective stablecoin bill unlikely to be attached to upcoming FAA reauthorization: Democratic aide
A prospective stablecoin bill will likely not be included in the upcoming must-pass FAA bill as lawmakers try to get the bill passed.
Although it’s actually conservative.
Earlier this month, the moving average of Bitcoin’s ratio was 2,400 compared to just 118.33 for Ethereum, but on April 25, Bitcoin’s ratio had fallen down to 220.77, lower than Ethereum’s 227.12.
Advocates for long-awaited U.S. stablecoin legislation tried to tie it onto an unrelated must-move reauthorization bill, but leaders in the Senate and House of Representatives are seeking to keep that effort clear of such attachments, according to a Democratic aide.
Former Binance CEO Changpeng Zhao was sentenced to four months in prison on Tuesday after pleading guilty to money laundering charges.
Roger Ver supposedly concealed bitcoin ownership from the U.S. Internal Revenue Service and caused the purported loss of $48 million.
Go to Source Author: Nikhilesh De
