Source: en.wikipedia.org
Consumer trading in cryptocurrency should be regulated not as a financial service but as gambling. So said the Treasury Committee composed of Members of Parliament (MPs) from...
Federal Reserve officials reportedly seem more divided than ever on whether more interest rate hikes are needed. Officials’ comments signaling different opinions on the issue come...
The relationship between Coinbase and the U.S. Securities and Exchange Commission (SEC) is growing irreparable. After dynamics between the two curdled substantially during the past...
It’s “unlikely” J.P. Morgan Chase would acquire another struggling bank. That was J.P. Morgan Chase CEO Jamie Dimon’s answer to a question asked Tuesday (May 16) during the...
Generative artificial intelligence (AI) has captured both the public imagination and lawmakers’ attention. Sam Altman, co-founder and CEO of OpenAI, the bleeding-edge company behind the buzzy ChatGPT,...
European Union members have given final approval to the world’s first comprehensive cryptocurrency regulations. EU finance ministers met in Brussels Tuesday (May 16) to approve the regulations,...
America’s biggest banks are facing a $15.8 billion bill for the recent banking crisis. That’s according to the Federal Deposit Insurance Corporation (FDIC), which announced in a...
The head of America’s biggest bank is predicting tough times for his industry. At least as far as regulations go. “I think it’s going to...
European lawmakers have reportedly agreed to new transparency regulations for generative AI applications like ChatGPT. The measures are part of a broader package of artificial...