US Senate confirms Philip Jefferson as Federal Reserve vice chair
Philip Jefferson, who has been serving as a Fed governor since 2022, will take on the No. 2 role under chair Jerome Powell at the central bank until 2036. Go to Source
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Former MAS chair who called crypto ‘highly risky’ wins Singapore’s presidential race
Tharman Shanmugaratnam has served as Singapore’s finance minister and the head of the country’s financial regulator during his time in government. Go to Source
Australian lawmakers send back crypto bill by Andrew Bragg
Introduced in March 2023, Australia’s bill on digital asset market regulation has faced a series of report delays by the Senate, and it’s now been sent back for amendments. Go to Source
Bitcoin ETF applications: Who is filing and when the SEC may decide
Despite BlackRock’s application for a Bitcoin spot ETF, its approval remains uncertain, with the SEC favoring another futures-based Ether ETF. Go to Source
Kentucky regulator denies plan for subsidizing crypto mining facility
A proposed contact with the Kentucky Power Company would have allowed Ebon International to receive a discounted rate for service at its crypto mining facility over a decade. Go to Source
Former SEC chair says spot Bitcoin ETF approval is ‘inevitable’ despite delays
The commission has another 45 days to approve, deny, or delay spot Bitcoin exchange-traded fund applications from 7 major firms. Go to Source
US Copyright Office issues notice of inquiry on artificial intelligence
The inquiry seeks information and comment on issues related to the content AI produces and how policy makers should treat AI that imitates or mimics human artists. Go to Source
South Korean parliament rejects motion to expel lawmaker over crypto scandal
South Korean lawmaker and Wemix investor Kim Nam-kuk will stay in the parliament after a 3:3 vote in the expulsion motion. Go to Source
Google Cloud to digitize El Salvador’s governance, healthcare and education
Google Cloud and the government of El Salvador have entered into a 7-year partnership to digitize the country’s infrastructure in various sectors. Go to Source
Multichain $1.5B hack investigation, Shibarium eyes relaunch, Base, Optimism join hands: Finance Redefined
Top-100 DeFi tokens had another mixed week, with most of the tokens trading in a similar range as last week with minor price fluctuation. Go to Source