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According to Bloomberg, in a key development for the cryptocurrency industry, the US Securities and Exchange Commission (SEC) is reportedly set to allow the launch of exchange-traded funds (ETFs) based on…

The US Federal Deposit Insurance Corporation (FDIC) has ordered OKCoin to remove misleading statements indicating that its customers' accounts are insured through the government agency. The FDIC issued the order Thursday in a letter…

The top Democrat on the House Intelligence Committee has warned that China and Russia will seek to exploit the chaos created by a US default. He also warned that the reserve currency status of the US dollar could erode if the US…

Former US Secretary of State Hillary Clinton warned that a US default on its debt obligations could lead to a global financial collapse. She stressed that "if Congress continues to court defaults, calls to isolate the dollar as the…

The chairman of the US Securities and Exchange Commission (SEC), Gary Gensler, did not answer a direct question at a congressional hearing about whether ether is a security. While the SEC chair insisted that the law is clear about…

Economist Peter Schiff has urged people to get rid of their US dollars now that an increasing number of countries have intensified their efforts to reduce their dependence on the US and the US dollar. The dollar's reserve currency…