Tag: US
Windtree Therapeutics Faces Delisting as Stock Craters 99%
Reading time: < 1 minuteWindtree Therapeutics (WINT) is being pushed off the Nasdaq exchange after its stock price collapsed, losing over 99% of its value year-to-date.
Kanye West’s ‘YZY’ Ecosystem Envisions Crypto Payments
Reading time: < 1 minuteKanye West (Ye) has launched “Yeezy Money” (YZY), a Solana-based cryptocurrency that serves as the cornerstone of a proposed broader financial ecosystem.
Federal Reserve Considers Amending Ethics Policy to Permit Limited Crypto Exposure for Staff
Reading time: < 1 minuteIn a significant policy statement, Federal Reserve Vice Chair for Supervision Michelle Bowman indicated that the central bank is considering amendments to its stringent ethics rules to allow staff limited exposure to cryptocurrency assets.
Illinois Tightens Rules for Crypto Firms with New Licensing and Fee Caps
Reading time: < 1 minuteCrypto businesses in Illinois now face stricter oversight after Governor Pritzker signed two regulatory bills into law. The Digital Assets and Consumer Protection Act subjects exchanges to
Fed Drops Crypto Bank Oversight, Signaling Regulatory Thaw
Reading time: < 1 minuteThe Federal Reserve is disbanding its dedicated crypto banking supervision program, a move likely to ease compliance burdens for financial institutions exploring digital assets.
SEC Takes More Time to Review Solana ETFs, Final Decision Expected in October
Reading time: < 1 minuteThe US SEC has extended its review period for Solana ETF proposals from Bitwise and 21Shares, setting a new deadline of October 16.
From Crypto King to Convicted Felon: Do Kwon’s Dramatic Fall
Reading time: < 1 minuteDo Kwon, whose TerraUSD project promised financial revolution, will plead guilty to fraud charges after his algorithmic creation spectacularly collapsed in 2022, taking $40 billion of investor money with it.
Paxos Aims for National Charter to Bolster Stablecoin Trust
Reading time: < 1 minutePaxos, the company behind PayPal’s stablecoin, has applied for a federal trust charter to enhance its regulatory standing.
401(k) Crypto Approval Sparks $1.57B Inflow Wave, Reversing Early Outflows
Reading time: < 1 minuteA US regulatory shift allowing digital assets in retirement plans helped crypto funds recover from $1B in early-week outflows, ending with $572M in net inflows.
White House Crypto Chief Bo Hines Steps Down
Reading time: < 1 minuteBo Hines, leader of the White House’s crypto advisory council, is leaving his post, per journalist Eleanor Terrett. Deputy Patrick Witt will reportedly take over.
