Republican Senator Roger Marshall intends to put his proposed credit card swipe fees amendment on the back burner as the Senate Agriculture Committee gears up for a markup of a significant crypto market structure bill. Legislators are determined to keep the bill’s scope on digital asset regulation rather than financial
Capital One Financial Corporation, an American bank holding company, is preparing to acquire a fintech business named Brex through a business deal expected to affect the corporate finance and expenditure management sector. The deal values Brex at around $5.15 billion. The bank reportedly is prepared to finance the deal through
One of the most visible advancements in the use of Bitcoin in public finances has been in the state of Florida, as a bill to establish a Strategic Bitcoin Reserve has been tabled by the legislative body, which would look to invest a potential 10% of its strategic assets in
The Minister of Finance of Japan, Satsuki Katayama, showed her complete support for amalgamating digital assets into traditional financial systems at the time of her New Year’s address at the Tokyo Stock Exchange on January 5. The report from CoinPost mentions that Katayama reveals that stock and commodity exchanges have
The crypto market’s consolidation phase seems to be here to stay, judging from the past few weeks’ actions. Bitcoin has once again docked at the $83,000 range, which has caused altcoins to pause their recovery. Meanwhile, particular altcoins have managed to retain their bullish trends in the sector. Notably, the
Howard Lutnick, the CEO of Cantor Fitzgerald predicts that traditional finance (TradFi) companies want to transact in bitcoin as a new asset. But they are hesitating to take further steps because of all the existing requirements of U.S. regulators. Lutnick on his official X post stated, “Bitcoin has been an
India’s ascent to a global innovation epicenter is a testament of government initiatives such as AatmaNirbhar Bharat and ‘Make in India’, encouraging and driving the nation’s digital transformation. India’s digital landscape and swift adoption of groundbreaking, next-generation solutions are fundamentally reshaping its economic landscape. Celebrating this burgeoning ecosystem, the inaugural
Dubai, May 26, 2023 – HQ MENA, a leading events management company, is proud to announce the upcoming Blockchain Expo Dubai 2023 is set to take place on September 20-21. This highly anticipated event will bring together global experts, innovators, and thought leaders in the blockchain industry to explore the latest advancements,
Recent deliberations of the panel on finance, accommodation, and urban affairs focused on combating China. Initiatives aimed at bolstering American national defense, the economy, and diplomatic relations were included in this category. According to reports, the discussion was headed by Chairman Sherrod Brown and Ranking Member Tim Scott. They discussed
In a recent release of the Federal Open Market Committee (FOMC) minutes, some startling revelations have emerged, shedding light on the discussions and concerns among officials during the May meeting. These minutes provide crucial insights into the current state of the economy and the future path of monetary policy. Let’s
