PacWest Bank Shares Fall By 44%
Shares of PacWest Bancorp fell 44% in late New York trading on Wednesday, following a report by Bloomberg that the U.S. bank is considering a...
Coinbase CEO: Relocation Possible Without Regulatory Clarity In U.S.
Coinbase CEO Brian Armstrong has suggested that the cryptocurrency exchange may consider relocating away from the United States if the regulatory environment for the industry...
El Salvador To Establish Second Bitcoin Embassy In Texas
El Salvador is making history as the first country to recognize Bitcoin as legal money, and it is working towards becoming a pioneer for Bitcoin...
U.S. Treasury Department Publishes First Illicit Finance Risk Assessment
The US Department of the Treasury has released the world’s first-ever illicit finance risk assessment on decentralized finance (DeFi). The report highlights the risks associated...
U.S. Federal Spending Reaches Record Highs in 2022
According to data from the U.S. Treasury, federal spending in the United States reached record highs in 2022, outpacing even the expenditures seen during the...