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Crypto regulatory framework bill endorsed by House committee | Crain's Cleveland Business

From Bloomberg: Legislation championed by crypto advocates that sets clearer rules for the nascent industry was approved by a key U.S. House panel on Wednesday, July 26. But even if the full House votes in favor of the bill, it faces long odds in the Democrat-led Senate, where Banking Committee chairman Sherrod Brown has been a skeptic of the crypto industry. ....

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FOMC minutes indicate that a "mild" recession is likely in 2023; Bitcoin price stays put at $30,500

The Federal Open Market Committee (FOMC), during their last meeting on June 13-14, decided to pause hiking rates after ten consecutive raises. The dec ....

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