HEX founder Richard Heart suspected of tax evasion in Finland
Richard Schueler, aka Richard Heart, is already at the center of an SEC suit. Now, he has issues in Finland, his chosen country of residence.
Richard Schueler, aka Richard Heart, is already at the center of an SEC suit. Now, he has issues in Finland, his chosen country of residence.
Michelle Bond was free on a $1-million bond and restricted from traveling outside the continental US, while her partner, Ryan Salame, is expected to report to prison on Oct. 11.
BNB Chain partners with major CEXs and wallets to introduce gasless stablecoin transfers, enhancing cross-chain liquidity.
While the SEC focuses on investor protection, Pudgy Penguins CEO Luca Schnetzler believes that investors should also hold some form of accountability for their purchases.
If an offshore entity’s “footprint” in the US is big enough, they must register their derivative contracts or risk facing enforcement actions, says CFTC Chair Rostin Behnam.
California governor Gavin Newsom signed three bills aimed at battling deepfake election content while on stage at a conference in San Francisco.
US Representatives Tom Emmer and Patrick McHenry gave Gary Gensler until the end of the month to answer questions about the SEC’s approach to crypto airdrops.
According to CoinDesk, two prominent U.S. lawmakers, Rep. Patrick McHenry (R-N.C.) and Sen. Cynthia Lummis (R-Wyo.), are optimistic about passing crypto oversight legislation before the end of the year. This effort would require strategic maneuvering to attach crypto-related matters to essential legislation during the lame-duck session of Congress, which occurs after the elections but before the new members take office next year.Sen. Lummis expressed confidence at an event hosted by Georgetown University's Psaros Center for Financial Markets and Policy, stating, 'I really do think we're going to get something done in the lame duck.' She mentioned that an ongoing effort at the Senate Agricultural Committee could achieve bipartisan support and be amended in late-year negotiations to include other necessary details. Lummis warned that if comprehensive U.S. regulation is delayed into the next congressional session, it might be postponed until late 2025. 'We just can't wait anymore,' she emphasized, noting that Europe is ahead in this regard.Rep. McHenry, who chairs the House Financial Services Committee and is set to retire after this session, led a significant crypto legislative effort this year, successfully passing a comprehensive digital assets bill through the House of Representatives. This effort, supported by 71 House Democrats, demonstrated 'substantial momentum' for a crypto bill. McHenry suggested that the legislation might need to be linked to a spending package requiring congressional approval this year, though he acknowledged the possibility of failure. 'There are seeds that you plant that may not grow in your timeframe,' he remarked, adding that the crypto sector now has 'policy footprints that I've left in the sand' for future debates. 'Somebody else's name may be on it when it's signed into law,' he noted.Sen. Lummis also reiterated her proposal for the U.S. to establish a Bitcoin strategic reserve with a four-year buying program, which she believes could yield trillions in value over 20 years of holding onto Bitcoin.
According to Odaily, institutional analysts believe that the recent U.S. retail sales data is unlikely to significantly influence this week's Federal Open Market Committee (FOMC) policy report. Earlier reports indicated that U.S. retail sales unexpectedly rose in August, suggesting that the U.S. economy maintained a solid foundation for most of the third quarter. The data showed a 0.1% month-on-month increase in August retail sales, following an upward revision to 1.1% for July.
According to BlockBeats, on September 17, the US Dollar Index (DXY) experienced a brief surge of nearly 20 points following the release of August retail sales data. The index is currently reported at 100.73.