U.S
Most work is new work, long-term study of U.S. census data shows | MIT News
This is part 1 of a two-part MIT News feature examining new job creation in the U.S. since 1940, based on new research from Ford Professor of Economics David Autor. Part 2 is available here. In 1900, Orville and Wilbur Wright listed their occupations as “Merchant, bicycle” on the U.S. census form. Three years later,…
FTX Bahamas Unit Reaches Agreement With U.S. Team on Pooling, Distributing Assets
Once the courts have agreed, FTX Digital Markets will take the lead in the realization of real estate and other assets in the Bahamas and FTX Debtors will take the operational lead in “all other recovery activities including any sale transaction involving the FTX.com exchange and realisation of intellectual property.” Source link
U.S. SEC Denies Coinbase’s Push for Crypto Regulations as ‘Unwarranted’
intermediaries in the trading, settlement, and custody of those securities is unworkable,” the five-member commission concluded in its two-page response, which said the agency had given the request careful consideration. “The commission concludes that the requested rulemaking is currently unwarranted and denies the petition.” Source link
Alleged Crypto Investment Scam Worth $80M Sees Four People Charged With Money Laundering in U.S.
The four allegedly obtained the money through so-called pig-butchering and other fraudulent schemes. Source link
Coinbase Launches Spot Trading of Bitcoin and Ether Outside the U.S.
The move came at a time where regulators in the U.S. started to heavily crack down on crypto companies, including Coinbase itself, which was sued and is still under investigation by the Securities and Exchange Commission (SEC) for allegedly violating federal securities laws. The exchange has moved to dismiss those allegations. Source link
U.S. CFTC Approves Bitcoin Futures Platform Bitnomial’s Derivatives Clearing Application
“Unlike other businesses that have attempted to disintermediate the brokerage industry, our FCM offers wholesale digital asset-related services and support to our brokerage partners, institutions, and dealers,” he said. “Now that the licensing process is complete, we can shift our focus to expanding Bitnomial’s product offering and customer base.” Source link
Revised BlackRock Bitcoin ETF Filing Invites Participation From U.S. Banks
A change to the mechanics of BlackRock’s proposed spot bitcoin (BTC) ETF opens the door for Wall Street banks, which face restrictions holding cryptocurrencies, to play a key role. BlackRock recently made it so authorized participants (APs) – a vital part of the ETF ecosystem – will be able to create new fund shares with…
U.S. Presidential Candidates Including Vivek Ramaswamy Chat About Crypto, Target Federal Regulators
Ramaswamy vowed to reduce the agency’s workforce as part of his goal to eliminate 75% of bureaucratic jobs, noting that the third U.S. president, Thomas Jefferson, who died nearly 200 years ago, would be “turning in his grave” over the agency’s actions toward crypto, a technology that was invented roughly 15 years ago. Source link
U.S. CPI Inflation Trended Lower in November, Rising 3.1% From a Year Ago
This morning’s inflation data Source link
The first CRISPR therapy approved in the U.S. will treat sickle cell disease
U.S. patients with sickle cell disease now have a novel treatment option: the first-ever CRISPR-based therapy. On December 8, the U.S. Food and Drug Administration approved the gene-editing therapy for use in patients age 12 years and older. In addition to offering hope of relief for people with severe forms of the painful blood disorder,…