News Wire

Signature Bank’s collapse could deal a blow to cryptocurrency industry – The Washington Post

By Securities Docket on March 14, 2023, 8:07 am

Few banks were as deeply embedded within the cryptocurrency firms as Signature Bank and Silvergate, and their downfall is a symbolic and practical blow to the embattled industry, legal experts said. The institutions offered an air of legitimacy to crypto companies and provided clients key services, such as around-the-clock transactions. *** “It’s very dark days […]

Posted in News Wire, Top | Tagged Cryptocurrency

Sen. Ted Cruz Wants to Force Capitol Hill Vending Machines to Accept Crypto

By Securities Docket on January 27, 2023, 9:32 am

But Sen. Ted Cruz (R-Texas) has proposed requiring vendors on Capitol Hill to accept cryptocurrency as payment. On Wednesday, Cruz introduced a concurrent resolution that, if adopted, would require the Architect of the Capitol, the Secretary of the Senate and the Chief Administrative Officer of the House of Representatives to only contract with food service […]

Posted in News Wire, Top | Tagged US Congress

Hawley introduces PELOSI Act banning lawmakers from trading stocks | The Hill

By Securities Docket on January 25, 2023, 9:17 am

Sen. Josh Hawley (R-Mo.) has introduced a bill that would ban members of Congress from trading and owning stocks, using the name of his legislation to take a jab at Rep. Nancy Pelosi (D-Calif.). Hawley on Tuesday introduced the Pelosi Act — or the Preventing Elected Leaders from Owning Securities and Investments Act — renewing a […]

Posted in Industry, News Wire, Top | Tagged Insider Trading, US Congress

In the Wake of Collapse, FTX Fortune Cookies Are Still on the Menu

By Securities Docket on December 13, 2022, 9:24 am

Even if OpenFortune doesn’t honor the remainder of its contract with FTX, the company’s fortune cookies will be on the menu for at least a few more months. A representative of Hua Ting in Hillsdale, Illinois, a Chinese restaurant that works with OpenFortune, said that it still had over three months of FTX cookies left […]

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