Tag: Government

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Former White House official will lead Ripple’s policy and government arm

Ripple’s newest head of U.S. public policy previously worked in similar roles at Softbank Group, Zoom, and Lyft following six years in government. Lauren Belive, a former official with the White House’s Office of Legislative Affairs and policy director with the United States House Committee on Rules, has joined crypto firm Ripple as its head…
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Crypto bills could be delayed as many prepare for US gov’t shutdown

Bills focused on crypto regulation, market structure, and stablecoins could all be put on hold if U.S. lawmakers don’t reach a decision on government spending by Sept. 30. The United States government could be shut down in the next 7 days with House Speaker Kevin McCarthy facing political pressure from members of his own party…
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Binance exit aftershock: Can one resignation tip the crypto trust scales?

The announcement of yet another top figure departing Binance coincided with an increased outflow of funds from the crypto platform. But can one executive resignation really have such an impact? On Sept. 13, news broke of yet another high-level executive parting ways with Binance.US.  This time, it was none other than Brian Shroder, the CEO…
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Signal hints at leaving UK market following passage of online safety bill

Critics of the U.K. Online Safety Bill had pushed for amendments prior to passage, claiming the legislation could allow authorities a backdoor for end-to-end encryption services. A bill aimed at regulating certain internet services in the United Kingdom, including activities in the metaverse, has passed through Parliament and awaits King Charles’ approval to become law. …
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Interest rate hikes may pause very soon — Here’s why

This week, The Market Report discusses Bitcoin’s recent price action and the upcoming FOMC meeting, where some speculate interest rates might be paused. On this week’s episode of The Market Report, analyst Marcel Pechman discusses Bitcoin’s (BTC) strength ahead of the United States Federal Reserve’s Federal Open Market Committee (FOMC) meeting, with investors betting on an…
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Indian state governments spur blockchain adoption in public administration

Numerous initiatives by local and state governments in India — from data management systems to verifiable certificate issuances — currently use blockchain technology. Ever since Bitcoin (BTC) popularized blockchain technology worldwide, the tech has found its way into myriad processes, from finance to public administration. What started as a flex statement for early adopters has…
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What a US government shutdown would do to Bitcoin

Marcel Pechman explains the myth of excess cash in U.S. households and the lack of sufficient savings, and how a U.S. government shutdown could impact Bitcoin. On the latest episode of Macro Markets, analyst Marcel Pechman examines the current state of the American economy. He references a headline from Barron’s that highlights the disparity between…
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5 AI trends to look forward to in 2023 and beyond

From the growth of AI assistants to the rise of generative AI, here are some key trends that are expected to grow over the coming years. The artificial intelligence (AI) market has been growing at an exponential pace over the last couple of years, thanks in large part to consumer-ready products such as ChatGPT, Google…
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Wyoming stablecoin: Are state digital currencies even possible?

The Stable Token Commission continues researching the potential implementation of stable tokens in Wyoming. In July, the American state of Wyoming shared an open job position for the head of its Stable Token Commission.  The executive will work alongside Wyoming’s governor, state auditor, state treasurer and four expert appointees to bring the state’s very own…
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Gary Gensler confirms SEC’s use of AI for financial surveillance

The chair’s comments came in response to a query from Sen. Catherine Cortez Masto during a Senate oversight hearing. United States Securities and Exchange Commission (SEC) Chair Gary Gensler testified on Sept. 12 in a Senate oversight hearing that his agency was currently using artificial intelligence (AI) technologies to monitor the financial sector for signs…
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