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"In determining the pace of future increases in the target range, the Committee will take into account the cumulative tightening of monetary policy, the lags with which monetary policy affects economic activity and inflation, and economic and financial developments," according to the FOMC statement. Source
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Uniswap’s UNI token has been getting a fresh look from investors following a big fundraise earlier this month. Market Wrap is CryptoX’s daily newsletter diving into what happened in today's crypto markets. Source
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U.S. lawmakers have raised concerns about the revolving door between financial regulators and the crypto industry. “Over 200 government officials have moved between public service and crypto firms,” the lawmakers said, adding that they include 31 Treasury Department officials and 28 Securities and Exchange Commission (SEC) officials. Revolving Door Between Financial
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Disbursements are right in the blockchain’s sweet spot. While it would not yet be a simple “off-the-shelf” purchase, a fraction of the lost $8 billion (or much more) devoted to R&D by such agencies as DARPA, NSF, NIST, the National Labs, NASA and other teched-up agencies and procurements at scale
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Tesla and Spacex CEO Elon Musk is under federal investigation for his conduct in connection with the $44 billion acquisition of Twitter, according to a court filing by the social media giant. Twitter claims that “Through counsel, he has exchanged substantive correspondence with those authorities concerning their investigations.” Federal Authorities Are
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Federal Preemption of State Money-Transmitter Licensing Would Be Great Policy Original Source
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Are regulators with the U.S. Securities and Exchange Commission gearing up to take down Ethereum? Given the saber-rattling by officials — including SEC Chairman Gary Gensler — it certainly seems possible.The agency went on a crypto-regulatory spree in September. First, at its annual The SEC Speaks conference, officials promised to
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The United States Federal Reserve is tightening, and interest rates hike has heavily impacted on the crypto market. Earlier this month, Bloomberg
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As part of Operation Colossus executed in conjunction with the Brazilian tax authority, the Federal Police is carrying out 101 warrants issued by a criminal court in São Paulo, according to an official police report. They include two arrest warrants and 37 search and seizure warrants. Original Source
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The Brazilian Federal Police and the Brazilian tax authority have launched the final stage of “Operation Colossus,” a movement that has executed hundreds of court orders against cryptocurrency exchanges, arbitrage agents, and fake companies in four states of the country. 158 government officers, including 130 federal policemen, were involved in
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