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DigitalOcean to Buy Web-Hosting Firm Cloudways for $350 Million
SpiceJet Says It’s Open to External Investors as Funds Dwindle
JD Sales Beat Estimates, Defying China’s Economic Slowdown
Apple’s New iPhone 14 to Show India Closing Tech Gap With China
Australian Church Bans Staff From Uber Use Over Ethical Concerns
The Two Leading Contenders Vying for Angola’s Presidency
Early Government Warning Failed to Avert Energy Crisis for British Industry
Singaporean Bargain Hunters Jam Roads After Currency Boost
T. Rowe Cuts Stripe, Instacart Valuations After Tech Selloff
Mariota, Ridder Solid for Falcons in 24-16 Loss to Jets
Pujols Homers as Montgomery, Cardinals Blank Cubs 1-0
Saudi Arabia Makes a Push for $100 Oil: Elements by Javier Blas
If Factories Don’t Return to US Now, They Never Will
The Era of Economic Whiplash Is Just Beginning
SoftBank’s Epic Losses Reveal Masayoshi Son’s Broken Business Model
Inflation Is Up Everywhere, But How Much Depends on Where You Live
The $80 Billion IRS Infusion Means More Audits—in 2026 or 2027
Tony Blair Institute Urges Replacing GCSEs and A-Levels With New System
Biden Liaison to Black Voters Leaves White House for Law Firm
Washington, D.C., Offers Loans Up to $202,000 for New Homebuyers
Europe’s Drought May Be Continent’s Worst in at Least 500 Years
Electric Car Battery Bottlenecks Have a Way of Being Worked Out
London’s Elizabeth Line to Finally Link Heathrow to the West End
Red Lights at Hong Kong Crosswalks Are Helping Phone Zombies Cross the Street
What Platform Barriers on the New York City Subway Could Look Like
Crypto May Get Its Own Legal Lane in the UK
DBS Exchange Says Bitcoin Trading Surged Amid Global Selloff
Wall Street, Crypto Giants Line Up to Back Startup Prime Broker
The Biden Administration released a broad executive order looking at how to approach digital assets, and how to regulate them.
Victoria Vergolina
We hear the words “Crypto” and “Regulation” mentioned in the same sentence a lot these days. In the U.S. House, Financial Services Committee Chair Maxine Waters and Ranking Member Patrick McHenry are looking to regulate stablecoins in the wake of the Terra/Luna collapse, when this supposed ‘stablecoin’ proved not so stable.
Though still in markups, their efforts are matched on the Senate side with an early August regulation proposal by the Agriculture Committee, who oversees the CFTC: the Commodity Futures Trading Commission.
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