Genesis Digital Is Considering Publicity Via US IPO
Genesis Digital is contemplating the possibility of going public, highlighting the increasing trend of crypto platforms in the United States. Many American companies are increasingly interested in going public, and Genesis Digital, a miner backed by Alameda Research, is the most recent to demonstrate its interest. Genesis Digital Asset Works’ initial public offering According to […]
Robinhood Plans to Launch Crypto Futures in US, Europe
Cryptocurrency trading platform Robinhood is reportedly considering listing crypto futures in the US and Europe. In the upcoming months, Robinhood may sell Bitcoin futures in the US and Europe, according to a story published by Bloomberg News on Tuesday. The commission-free trading software intends to use Bitstamp’s licenses, a cryptocurrency exchange it plans to purchase […]
Binance US Halts Operations in Washington
Binance.US will cease operations in Washington state in August 2024 due to regulatory issues. Binance.US has announced that it will cease operations for consumers in Washington state, which is a significant development. This decision was made in response to regulatory changes that have resulted in the cryptocurrency exchange being at variance with local authorities. Additionally, […]
US Antitrust Chief to Investigate AI Sector for Monopoly Risks
US antitrust chief Jonathan Kanter will investigate AI sector monopoly risks, focusing on control over computing power, data, cloud services, talent, and hardware. Jonathan Kanter, the antitrust enforcer for the United States, will conduct an inquiry into the artificial intelligence (AI) sector in response to apprehensions regarding the concentration of power among a small number […]
US House Passes CBDC Anti-Surveillance State Act
The House of Representatives decided to keep Congress in charge of any CBDC issuance that occurs now or in the future. The Republican-sponsored CBDC Anti-Surveillance State Act (H.R.5403), which forbids the Federal Reserve from creating or introducing a government-backed digital currency pegged to the dollar, was approved by the U.S. House of Representatives members on […]