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Latest news with #CNBCCryptoWorld

Sen. Tim Scott says crypto market structure bill will be done by end of September: CNBC Crypto World
Sen. Tim Scott says crypto market structure bill will be done by end of September: CNBC Crypto World

CNBC

time2 days ago

  • Business
  • CNBC

Sen. Tim Scott says crypto market structure bill will be done by end of September: CNBC Crypto World

On today's episode of CNBC Crypto World, shares of crypto miner Core Scientific continued to climb for a second day following reported buyout talks with AI infrastructure giant CoreWeave. Plus, Sen. Tim Scott shares a timeline for a bill establishing rules for U.S. crypto markets. And, Ric Edelman, founder of the Digital Asset Council of Financial Professionals, explains why he's calling for financial advisors to allocate up to 40% to crypto in portfolios.

Federal judge rejects SEC and Ripple's joint motion to settle lawsuit: CNBC Crypto World
Federal judge rejects SEC and Ripple's joint motion to settle lawsuit: CNBC Crypto World

CNBC

time3 days ago

  • Business
  • CNBC

Federal judge rejects SEC and Ripple's joint motion to settle lawsuit: CNBC Crypto World

On today's episode of CNBC Crypto World, stablecoin issuer Circle resumed its rally after a brief pullback this week. Plus, the Federal Housing Finance Agency has issued a directive ordering Fannie Mae and Freddie Mac to formally consider crypto as an asset in single-family mortgage loan risk assessments. And, Zach Abrams the CEO of Bridge, discusses the wave of stablecoin interest on Wall Street.

Bitcoin climbs as Fed Chair Powell tells Senate stablecoin industry has matured: CNBC Crypto World
Bitcoin climbs as Fed Chair Powell tells Senate stablecoin industry has matured: CNBC Crypto World

CNBC

time4 days ago

  • Business
  • CNBC

Bitcoin climbs as Fed Chair Powell tells Senate stablecoin industry has matured: CNBC Crypto World

On today's episode of CNBC Crypto World, during testimony before the House Financial Services Committee, Fed Chair Jerome Powell said that the stablecoin industry has matured significantly over the past few years. Plus, Sen. Cynthia Lummis explains why the U.S. needs to pass a crypto market structure bill now. And, Digital Asset CEO Yuval Rooz discusses how capital raised during a funding round backed by Goldman Sachs, BNP Paribas and Ken Griffin's Citadel Securities will be used.

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