The U.S. Securities and Exchange Commission (SEC) says that Ripple Lab’s planned new stablecoin qualifies as an “unregistered crypto asset.” In a new court filing, the regulatory agency says that not only has Ripple been selling XRP – the digital asset used to operate the XRP Ledger – as an unregistered security since 2013, but
Crypto goes up, and crypto goes down. Then, often, crypto goes back up. It can be a dizzying and volatile cycle. Just collapsed cryptocurrency exchange FTX’s customers, who, having once feared they’d lost their collective billions, can now take solace from the news Tuesday (May 7) that FTX’s bankruptcy team is ready to repay them
More than 34,000 people have left public comments on the Biden administration’s new student loan forgiveness proposal. Here’s what some of them said. President Joe Biden hopes to start forgiving the student loans of millions of Americans before the November presidential election. But first his administration will need to read the public comments submitted by
Expensify will add travel booking and management capabilities to its financial management platform for expenses and corporate cards. The new Expensify Travel will begin rolling out next week in the Expensify web and mobile apps and will later be integrated into the new chat-based super app, New Expensify, the company said in a Wednesday (May
(Cass Co) The Cass County Board of Supervisors held a discussion Tuesday on the use of county funds for economic development. Board Chair Steve Baier said they have money from the sale of the Valley Business Park which is specifically earmarked for economic development. He said that account has accumulated about $67,000 in interest. The
The City of Hoschton has been awarded two Georgia Environmental Finance Authority (GEFA) loans totaling $20 million for its wastewater treatment plant and a new force main to discharge to Indian Creek. City officials anticipate starting the two-phase project by the end of the year. The first phase will expand the city’s wastewater treatment facility
As people seek to balance work, financial pressures and living well, one important goal frequently comes into play. That objective, increasingly, is how individuals can best manage and reduce stress about money and how it affects their lives. Related: Dave Ramsey says the time to buy a house is now And it is precisely that
Ethereum co-founder Joseph Lubin is issuing a warning about the U.S. Securities and Exchange Commission (SEC), saying the regulator’s current policies on crypto will have a lasting effect on the industry. In a new interview with Wired, Lubin says that if ETH is declared a security by the SEC, people in the US won’t be
Sen. Ted Cruz, R-Texas, and Sen. Tom Cotton, R-Ark., on Monday announced a bill that would prevent student loan forgiveness eligibility for anyone convicted of a state or federal offense in connection to a college campus protest. What You Need To Know Sen. Ted Cruz, R-Texas, and Sen. Tom Cotton, R-Ark., and several more Republican
CHARLOTTE — During Monday night’s meeting, Charlotte’s City Manager Marcus Jones proposed a $4.2 billion fiscal year budget, which includes a 1.5 cent increase in property tax for 2025. For the past five years, he has been able to increase services and pay without raising taxes. Breaking: City Manager Marcus Jones is proposing a 1.5