Former Bakkt CEO to Sell All Holdings After Insider Trading Accusations
Former Bakkt CEO and Georgia senator Kelly Loeffler will sell all her holdings with her husband following accusations of insider trading Go to Source Powered by WPeMatico
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Shelter-in-Place for Cash? 2 Bills Submitted by US Congress Mention ‘Digital Dollars’
During the last few days, members of the U.S. Congress have been trying to pen a stimulus plan to help the American economy. Since then, a few bills have been submitted by representatives and two particular proposals House democrats have tabled talk about a “digital dollar” and “digital ledger entries.” Following the submission of the … Read more
Sen. Loeffler Rejects Accusations of Improper Trading
Loeffler denies allegations of improper trading, emphasizes that third parties handle decision making pertaining to her portfolio Go to Source Powered by WPeMatico
Sen. Loeffler Under Fire for Improper Trading After Coronavirus Hearing
After a private senate hearing on COVID-19, Loeffler reportedly dumped millions worth of stock while also purchasing shares in a distributed work solutions company Go to Source Powered by WPeMatico
Treasury Secretary Mnuchin Gives Testimony on Cryptocurrency, New Regulations Rolling Out Soon
U.S. Treasury Secretary Steven Mnuchin gave his testimony on cryptocurrency before the Senate Finance Committee on Wednesday. Mnuchin said crypto is a “crucial area” that the Treasury has spent a lot of time on. He also talked about stablecoins and announced that new crypto regulations focusing on transparency will be rolled out soon. Also read: … Read more
Trump Views Crypto a Threat, Proposes Countermeasures in New Budget
The White House released the Budget of the U.S. Government on Monday, outlining some proposals to increase cryptocurrency oversight which President Donald Trump views as priorities. The budget proposes giving the Treasury more power over crypto and requests funding for FinCEN to expand its efforts to combat threats including from cryptocurrency. Also read: Bitcoin, Tesla … Read more
New Bill in Oklahoma Proposes Depository for Cryptocurrencies Used by Government
A bill has been introduced in the U.S. state of Oklahoma to establish a new type of state-chartered financial institution that will be “the central depository for virtual currency used by governmental agencies in this state.” The new establishment aims to provide financial and technical services to crypto innovators and developers. Also read: Regulatory Roundup: … Read more
Former Bakkt CEO and New US Senator Loeffler Will Help Oversee CFTC
Former Bakkt CEO and Georgia’s new Senator Kelly Loeffler will help oversee the CFTC, a major financial regulator in the U.S. Go to Source Powered by WPeMatico
Former Bakkt CEO Sworn Into Senate, Casts 1st Vote to Support Trump
Former Bakkt CEO Kelly Loeffler has been sworn into the U.S. Senate to become the newest Georgia’s Senator and cast her first vote to support Trump Go to Source Powered by WPeMatico
Bakkt Launches Bitcoin Options in US, Futures in Asia
Bakkt has launched two new regulated bitcoin derivatives products. Within hours of launch, Bakkt announced that over 1,000 futures contracts had been traded in Asia. The platform now offers four types of regulated bitcoin derivatives products: monthly and daily physically delivered bitcoin futures, cash settled bitcoin futures, and options on monthly bitcoin futures. Also read: … Read more
