The gentleman from Wisconsin, Mr. . Style, who's also the chair of our subcommittee on digital assets, financial technology, and artificial intelligence. You're recognized for five minutes.Thank you, Chairman Hill. Thank you, Chairman Powell, for being with us today. I want to dive into two actions the Fed's recently taken uh to get a little additional color on.Yesterday, uh the Fed announced uh that reputational risk would no longer be a component in bank exams. Uh I viewed that positively. I viewed u the ...

We're getting new details on a crypto regulation framework out of Washington. Emily Wilkins joins us with more on that. Emily, good morning. Good morning, Becky.Yeah, well, CNBC got an exclusive first look at what could be the biggest crypto bill of the year coming out of DC. Uh, banking chairman Tim Scott along with Senator Cynthia Lumis introduced a framework today for a piece of legislation that would really provide the rules of the road for crypto and other digital assets. Now, this framework includes t ...

SHENZHEN, China, June 24, 2025 (GLOBE NEWSWIRE) -- Aurora Mobile Limited (NASDAQ: JG) ("Aurora Mobile" or the "Company"), a leading provider of customer engagement and marketing technology services in China, today announced that its Board of Directors has approved a strategic initiative as part of the Company’s overall treasury management plan to preserve and enhance asset value while supporting its strategy to expand market coverage, partnerships and ecosystem. The Company will invest up to 20% of the cash ...

Key Highlights TSX Venture Exchange grants conditional approval for Matador’s Change of Business (“COB”) to a hybrid “Technology / Investment” issuer, subject to the Company satisfying the TSXV's requirements and conditions. Enables Matador to operate as a pure Bitcoin Ecosystem Company with a focus on holding, acquiring, and investing in Bitcoin and digital asset ventures, assuming that the Company obtains TSXV final approval of the COB. Unlocks ability to scale Bitcoin treasury strategy, deploy capital in ...

Core Viewpoint - The ARK Innovation ETF (ARKK), led by Cathie Wood, has shown significant recovery and outperformance compared to the S&P 500 Index, driven by a favorable market environment and strategic positioning in high-growth sectors [5][11]. Group 1: Performance Overview - ARKK shares surged from $33 to $160 during the post-COVID bull market, but subsequently fell to under $40 due to market corrections in 2022 [3]. - Over the past year, ARKK has gained 61.26%, significantly outperforming the S&P 500's 9.87% return [5]. Group 2: Market Conditions - The tech-heavy Nasdaq 100 Index ETF has risen from approximately $400 to over $500, indicating a strong bull market that benefits high-growth stocks like those in ARKK's portfolio [8]. - The current market environment is characterized by a robust IPO market, which presents new growth opportunities for ARKK [10]. Group 3: Strategic Positioning - ARKK is focused on industries with strong growth potential, such as artificial intelligence, robotics, and digital assets, which are expected to continue outperforming as these technologies mature [9]. - The team has capitalized on new IPOs, exemplified by their investment in Circle Group, which saw its stock price increase from $64 to $300 shortly after its debut [10].

$500M facility earmarked for the strategic accumulation of Bitcoin to serve as the Company’s primary reserve asset and for the funding of growth and general corporate purposes.The Company will grow its digital asset footprint beyond the recent BitPay relationship to unlock the crypto-native customer demographic. First 21 customers to purchase a vehicle with Bitcoin to receive $21,000 upgrade credit. KISSIMMEE, Fla. , June 23, 2025 (GLOBE NEWSWIRE) -- ECD Automotive Design, Inc. (NASDAQ: ECDA), the world’s l ...

Core Viewpoint - Cango Inc. has entered into the fourth amendment of its Purchase Agreement for acquiring on-rack crypto mining machines, which will be settled through the issuance of Class A ordinary shares to the sellers, with a total hashrate of 18 Exahash per second [1][2]. Group 1: Purchase Agreement Details - The Purchase Agreement was initially signed on November 6, 2024, with subsequent amendments on March 26, April 3, and June 4, 2025 [2]. - The Fourth Amendment modifies the hashrate distribution among sellers, including Golden TechGen Limited, Fortune Peak Limited, and Silver Crest Limited, and adjusts the corresponding Class A ordinary shares to be issued [2]. - Upon closing, Golden TechGen Limited is expected to own approximately 19.85% of Cango's total outstanding shares [2]. Group 2: Closing Conditions - The closing of the Share-Settled Transactions is contingent upon certain conditions that must be satisfied or waived, and the company is actively working towards meeting these conditions [3]. Group 3: Company Overview - Cango Inc. is primarily engaged in Bitcoin mining, with operations across North America, the Middle East, South America, and East Africa, having entered the crypto asset space in November 2024 [4]. - The company also operates an online international used car export business through AutoCango.com, facilitating access to high-quality vehicle inventory from China [4].

Strategic Expansion Targets Long-Term Revenue Growth and Innovation in Commodity FinanceSINGAPORE, June 20, 2025 (GLOBE NEWSWIRE) -- Davis Commodities Limited (Nasdaq: DTCK), a Singapore-based leader in agricultural commodities trading, has unveiled a strategic plan to integrate blockchain technology and digital assets into its business operations. The company has announced the upcoming launch of a digital asset treasury management strategy alongside a real-world asset (RWA) tokenization platform, highlight ...

Welcome to Bankless, where we explore the frontier of stable coins. On today's episode, the Genius Bill just passed in the Senate. David and I have Senator Bill Hagerty. He's one of the co-authors of the bill. He's on the episode today. David, what' you think? Yeah, Bill is uh he's bullish. Uh he he also shared with us a story of his first interaction with crypto and illicit payments and that was his first impression about crypto like way back I think it was in like 2018 2019 when he told that story it was ...

[Music] Most trades in modern financial markets are not decided by strategy or by logic or any other metric. The largest metric which are decided upon is time. Latency is described as the delay between sending information from one place to another.Now, as Max Versstappen, who's a racer for the Formula 1 Red Bull team, described, the only place that matters is first. And similarly, or more humorously, Ricky Bobby said, "The if you ain't first, you're last." Now, this modern financial markets are very depende ...