US regulator paves the way for Americans to trade on offshore crypto exchanges
CFTC Provides Path for Offshore Crypto Exchanges to Serve U.S. Clients The Commodity Futures Trading Commission (CFTC), a U.S. financial regulatory body, announced on Thursday that offshore cryptocurrency exchanges can now legally cater to clients based in the U.S. by registering with the Foreign Trade Commission (FBOT) framework. Since the 1990s, U.S.-based clients have had […]
Trump dismisses transportation regulator board member in recent government changes
Trump Dismisses Transportation Board Member Amid Merger Review President Trump has removed Robert Primus from his position on the Surface Transportation Board (STB), which is currently evaluating the merger between Norfolk Southern and Union Pacific as part of ongoing federal reforms. This decision was made on Wednesday, ending Primus’s tenure as a board member. He […]
Johnson from the CFTC announces her departure from the regulator next week
Christine Johnson, a commissioner at the US Commodity Futures Trading Commission (CFTC), announced she will depart from the agency on September 3 after completing her term this year, with plans to leave before 2026. In a statement made Tuesday, Johnson described her role as a financial market regulator as “an honor and privilege.” She expressed […]
Vermont health care regulator endorses the smallest insurance premium hikes since 2022.
Vermont Health Care Regulators Adjust Insurance Premium Increases Vermont’s leading health care regulators have instructed health insurance companies operating under the state’s affordable care law to implement a yearly premium increase that is notably lower than what these companies had proposed earlier this year. On Friday, the Green Mountain Care Board revealed its final decision […]
Bitcoin investment banks are arriving in El Salvador, according to the government regulator.
El Salvador Approves Bitcoin Investment Banking Act El Salvador is set to welcome regulated Bitcoin (BTC) investment banks following the recent approval of the El Salvador Investment Banking Act. This new law categorizes investment banks distinctly from traditional commercial banks. Under this act, investment banks are allowed to hold BTC and other digital assets on […]
UK regulator allows retail investors to access crypto ETNs again
The UK Financial Conduct Authority (FCA) has removed the ban on retail access to cryptocurrency exchange-traded notes (CETNs). Starting October 8th, UK businesses will be able to offer CETN to retail consumers, marking a significant regulatory change as announced by the FCA on Friday. This shift comes after the FCA had previously prohibited the sale […]
US Senate Approves Former Bitfury Executive to Head OCC Banking Regulator
Gould Confirmed as Head of U.S. OCC Office Jonathan Gould, who formerly held the position of Chief Legal Officer at Bitfury, has officially been appointed to lead the U.S. Office of the Comptroller of the Currency (OCC), following a vote in the Senate. The Senate voted in favor with a majority of 50-45 on Thursday. […]
National Regulator Begins to Explore the Inclusion of Cryptocurrency in Mortgage Applications
FHFA Director Signals Change in Mortgage Application Process William Plute, the Director of the Federal Housing Finance Agency, has recently issued instructions to Fannie Mae and Freddie Mac. These guidelines suggest incorporating cryptocurrency holdings when assessing assets in mortgage applications. By recognizing cryptocurrencies as valid assets, borrowers who possess digital currencies could strengthen their financial […]
Trump Dismisses Biden’s Nuclear Regulator as Agency Prepares for Pro-Nuclear Changes
Trump Fires Nuclear Regulator Christopher Hanson President Donald Trump terminated nuclear regulator Christopher Hanson on Friday, part of a broader strategy to reshape the National Regulatory Commission (NRC) in line with his pro-nuclear energy stance. This decision comes shortly after Trump signed a presidential order aimed at overhauling the agency’s licensing process to expedite reactor […]
Regulator claims Trump administration improperly stopped funding for EV chargers
A government watchdog has stated that the Trump administration is in violation of the law by withholding funds that Congress allocated for the National Electric Vehicle (EV) Charging Network. The bipartisan infrastructure law allocated $5 billion to the National Electric Vehicle Infrastructure (NEVI) program, aimed at creating a comprehensive network of EV chargers across the […]