Crypto's Sisyphean struggleProgress will effectively reset when the new Congress is sworn in, because key senators who quarterbacked the bill will not be on the ballot again, writes the Cato Institute's Ryan Chan-Wei.CoinDesk3d agoWhole story →TechnologyEconomyHR 3633crypto regulation bill fails
NY Fed president weighs in on inflation, AIJohn Williams, the president of the Federal Reserve Bank of New York, shared insights on the economy, inflation and AI.Buffalo Buffalo News5d agoWhole story →TechnologyEconomyny fed president remarks
OpenAI, SpaceX investor funds went to strip clubs, Bloomingdale’s, and shopping on Amazon, SEC alleges in charges against private fund advisersOne fund manager allegedly paid his 4 a.m. strip club bill from fund capital after his card was declined.Fortune6d agoWhole story →TechnologyEconomysec charges against fund advisers
Fed official used Asian dating site, sent nude photos — and wound up blackmailed by alleged Chinese spyA former senior Federal Reserve official who sought love on an Asian dating site became entangled with an alleged Chinese spy -- then got blackmailed over nude photos, prosecutors allege.New York Post6d agoWhole story →TechnologyEconomychinese espionage case
Prospect of Fed pulling too far back on communications poses volatility risk, Musalem saysToo big a pullback in the US central bank's communications could lead to higher and more volatile interest rates and inflation if the public and businesses are left to guess how it would react to different economic developments, St. Louis Federal Reserve President Alberto Musalem said on Tuesday.Reuters7d agoWhole story →TechnologyEconomyfed communications policy
Smart ring maker Oura puts off initial public offering due to market 'uncertainty'Smart ring maker Oura says it is postponing a planned initial public offering due to market “uncertainty.” On Tuesday, Oura said it’s delaying the IPO “despite strong demand.” Oura customers use the ring to monitor their health, including sleep patterns and fitness activity. The company gets the bulk of its revenue from ring sales, with the rest coming…The Atlanta Journal-Constitution7d agoWhole story →TechnologyEconomy
Fed proposes stablecoin rulesThe Federal Reserve proposed rules for stablecoin issuers Thursday that would require issuers to back stablecoins with certain “high-quality, liquid assets”EUROPE SAYS7d agoWhole story →TechnologyEconomystablecoin regulation proposal
