EUR/USD 1.16704
0.005%
Gold 4653.93
0.060%
Oil 97.076
-0.709%
USD/JPY 158.358
0.020%
GBP/USD 1.34019
-0.013%
GBP/JPY 212.234
0.050%
Browse More
  • English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
On May 15, according to the Islamic Republic News Agency (IRNA), Iranian Foreign Minister Araqchi met with Indian Prime Minister Modi in New Delhi, India, on Thursday to discuss the war situation and regional security issues. Araqchi briefed Modi on the current conflict and its impact on the region. Modi emphasized the importance of regional stability and security and stated that India is ready to support regional security efforts.Williams, a permanent voting member of the FOMC and president of the New York Federal Reserve, will participate in a discussion in ten minutes.A CIA official confirmed that CIA Director Ratcliffe met with Cuban leader Laulito Castro, Interior Minister Álvarez Casas, and the head of Cuban intelligence in Havana.May 15 - According to CNN, amid escalating tensions between the US and Cuba and the collapse of Cubas energy system, the Cuban government stated that CIA Director John Ratcliffe led a US delegation to Havana on Thursday for talks with Cuban government officials.On May 15th, the U.S. House of Representatives narrowly rejected a Democratic-led resolution aimed at halting war against Iran. The resolution would have required a cessation of hostilities unless authorized by Congress. The vote was 212-212, failing to secure a simple majority. This was the third time this year that the House had voted on a war powers resolution against Iran, and the first since the 60-day war deadline expired on May 1st. According to regulations, Trump was required to explain the war to Congress before that deadline. Trump had previously declared that the ceasefire had "ended" hostilities against Iran. The margin of victory in each vote has been narrowing. The previous vote was 213-214, with one senator casting an "attendance vote." The Senate vote was similarly tight. On Wednesday, the Senate blocked a war powers resolution by a vote of 50-49, with three Republican senators and all but one Democratic senator voting in favor of the measure.

Owning Government Officials From Working on Regulation

Cory Russell

Jul 07, 2022 16:31

微信截图_20220707162601.png


Government personnel who actively engage in cryptocurrencies or are discovered to be in possession of any are prohibited from taking part in the creation of legislation and policies pertaining to cryptocurrencies, according to a recent directive from the US Office of Government Ethics.

With Some Exceptions

Additionally, the advisory notice made clear that even if the restriction is in effect, it only does so with a de minimis exception.


Owners are still able to invest in cryptocurrencies via publicly listed shares and mutual funds of businesses offering cryptocurrency and blockchain services because to this exception. Stablecoins and all other forms of cryptocurrency are included.


Government personnel are still permitted to acquire cryptocurrencies; but, doing so will prevent them from contributing to the development of crypto-related regulations.


They may still work on such initiatives, however, provided they divert their cryptocurrency holdings into other financial opportunities.


The notification went on to further describe the situation, saying "An employee may not engage in a specific topic if the employee understands that particular item might have a direct and predictable influence on the value of their cryptocurrency or stablecoins."


However, even for those who are permitted to invest in cryptocurrency-related stock index listings, a $50k threshold has been imposed over which the de minimis exemption is no longer applicable.

Crypto investors suffer a loss

The cryptocurrency market isn't in the greatest of health right now, even if the Biden administration is concentrating on creating laws for cryptocurrencies after the POTUS issued an executive order for the same.


The continued bearishness is having an impact on cryptocurrency firms as the overall market value of all cryptocurrencies is struggling to reach $1 trillion.


Voyager Digital has filed for Chapter 11 bankruptcy a week after stopping the platform's withdrawal, trading, and deposit services after Harmony almost went bankrupt a while back.


Thus, even without the US GOE's decision, it would only have taken these investors a little longer to leave the market, similar to how many other investors are already doing.

Suggestion