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Fed orders United Texas Bank to halt crypto services over AML concerns

The Federal Reserve issued a cease and desist order to United Texas Bank (UTB) on Aug. 29, directing it to stop offering crypto...

Hungary issues draft law allowing banks to offer crypto services

Hungary is advancing a legislative proposal that would enable banks, investment funds, and asset managers to offer services in Bitcoin and other cryptocurrencies,...

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China retail sales, industrial output, fixed asset investment in May

Huge waiting lines are seen in front of...

US locked in AI Cold War with China

Marc Andreessen, co-founder of the Andreessen-Horowitz venture capital...

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