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House Oversight Probes Biden’s FDIC for Crypto Banking Crackdown

The House Oversight Committee is investigating whether the FDIC’s delayed crypto oversight and banking restrictions were driven by political motives or unlawful regulatory overreach. House Oversight Committee Investigates FDIC’s Crypto…

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President Joe Biden Thanks Nigerian Leader for Role in Ex-Federal Agent’s Release

President Joe Biden thanked Nigerian President Bola Tinubu for securing the release of American citizen Tigran Gambaryan, a former U.S. law enforcement official and Binance employee, on humanitarian grounds. Gambaryan…

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Lavrov Says He Agrees With Donald Trump on US Sanctions Weakening Dollar’s Status

Russian Foreign Minister Sergey Lavrov has backed former U.S. President Donald Trump’s remarks about the negative effects of U.S. sanctions on the dollar and the American economy. Lavrov agreed that…

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Democrats Launch ‘Crypto for Harris’ — White House Officials Address Industry Concerns

Senior White House officials have reportedly engaged with cryptocurrency leaders to discuss industry concerns, facilitated by Representative Ro Khanna. This initiative continues the Biden-Harris administration’s efforts to engage with the…

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Federal Reserve Cites Significant Deficiencies in Customers Bancorp’s AML Compliance

The U.S. Federal Reserve Board has found “significant deficiencies” in Customers Bancorp, Inc.’s management of risk and adherence to anti-money laundering (AML) regulations. These issues, particularly troubling for the bank…

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US Lawmaker Hosts Meeting to Help Kamala Harris Gain Crypto Industry Support

U.S. Congressman Ro Khanna will host a meeting to help Vice President Kamala Harris improve her relationship with the cryptocurrency industry. This is the second event of its kind in…

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Binance Executive Discusses Impact of US Government Potentially Holding Bitcoin as Strategic Reserve

Binance’s head of VIP & Institutional views the U.S. discussion on a national bitcoin reserve as a positive sign for the crypto market. The executive notes the growing recognition of…

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Peter Schiff: US Government Will Sell All Seized Bitcoin Before Trump Takes Office

Speculation is growing that the Biden administration will sell all its seized bitcoin holdings after former President Donald Trump pledged to ensure the U.S. government keeps all of its bitcoins…

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US Inflation Eases With 0.1% Drop in June; Biden Faces Gas Reserve Accusations

The U.S. consumer price index (CPI) fell by 0.1% in June. The decline, primarily due to reduced gasoline prices, brought the annual inflation rate to its lowest in over three…

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