Digital Currency Group countered the NYAG’s allegations, saying that after Three Arrows Capital collapsed, it invested hundreds of millions into Genesis.
A deposition from Binance.US’ chief operating officer claims the SEC’s suit last year caused banks to pull support from the exchange, “effectively choking the business.”
SEC-registered broker Prometheum could force the agency to decide if Ether is a security and CFTC chair Rostin Behnam says that could lead to conflicting rules.
Coming away from Federal Reserve Chair Jerome Powell's first day of testimonies on Capitol Hill, it has become even clearer just how cautious regulators want to be around oncoming economic data and the timing of interest rate cuts. BlackRock Co-Head of Bond ETFs Steve Laipply sits down with Yahoo Finance in-studio to gauge the Fed's inflation outlook and the delicate balance between its monetary balance and markets, highlighting iShares ETF offerings for riding out potential soft landing scenarios. Fed officials "want to the have conviction that inflation is going to keep grinding down," Laipply says. "There's a lot of debate about some of the recent inputs into the calculation, but nonetheless, they're trying to make it clear that they are going to keep watching the data roll in and there is a scenario here where I think they're comfortable with the labor market being strong as long as they continue to see inflation fall. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Luke Carberry Mogan.
The allure of gold has returned in recent weeks on expectations of U.S. interest rate cuts in June. Given the optimism, we have highlighted the five most popular options that are directly linked to the spot gold price or futures to gain exposure to the metal.
A growing number of traders have complained of funds being deducted from their MEXC accounts, but the exchange argues that such complaints are “misinformation.”