ASX sued over prior statements about its now-abandoned blockchain project
The Australian Securities and Investments Commission has sued the stock exchange for alleged “misleading statements” it made over its abandoned blockchain upgrade plan.
The Australian Securities and Investments Commission has sued the stock exchange for alleged “misleading statements” it made over its abandoned blockchain upgrade plan.
According to Odaily, Bank of America CEO Brian Moynihan has called for the Federal Reserve to lower interest rates promptly in response to the current economic slowdown and reduced consumer spending. Moynihan emphasized the importance of caution, noting that while inflation has decreased, it has not yet reached the desired levels. He warned against striving for perfection in inflation control at the risk of triggering a recession.Moynihan highlighted that a delay in reducing interest rates could negatively impact consumer confidence in the United States. He pointed out that investors are looking for data that falls within a 'sweet spot'—cool enough to justify a rate cut in September but warm enough to alleviate recent recession fears affecting the market.
Both Kamala Harris and her running mate, Tim Walz, have yet to present clear policy positions on digital asset regulation in the United States.
CIRO executive Suzanne Lasrado offered her opinion on the regulatory guidelines affecting Canadian stablecoin users at the Blockchain Futurist Conference.
The crypto firm merged with Coinsmart and Coinsquare in 2023, securing $1 billion in assets under management in the same year.
The court said the DAO’s financial details should be known to both sides as they hash out ownership and control issues.
Four senators are fighting to exempt low-value crypto transactions from federal taxation. Congressional approval for their proposal is long overdue.
The Canadian government has previously come under fire for undermining the economic freedom of its citizens and freezing crypto donations.
An investigative journalist reported that the FBI issued a standard “Glomar response” to a request for information on Satoshi Nakamoto but with an “interesting assertion.“
Harris is preparing to unveil plans about her economic policy in a mid-August speech.