U.S. Senator Dave McCormick (R-Pa.), who was elected to the Senate this past January, recently disclosed his substantial early investments in bitcoin. This disclosure has the government ethics community up in arms. Yet McCormick’s investments aren’t just striking — they’re perfectly in line with his role on the Senate Banking...
Unite Kingdom, Following in the Footsteps of The us One other key cryptocurrency marketplace — the U.Okay. This step represents a major change in the international regulatory environment. It will have a profound impact on retail crypto investors in the UK. Like the US approach, the UK is starting to...
Dave McCormick, a member of the Senate Banking Committee’s subcommittee on digital assets, has invested up to $1 million in Bitcoin this year, raising questions about potential conflicts of interest as his committee considers cryptocurrency regulation. The subcommittee, now chaired by Cynthia Lummis (R-WY), has been given the responsibility of...
Senator Dave McCormick. The name would confer power and prestige, an all-seeing, all-knowing protector of our economic destiny. Instead, it's sparking a question that chills the blood: are we witnessing the legalized corruption of crypto regulation?McCormick sits on the Senate Banking Committee's digital assets subcommittee, a key player in shaping...
The Security and Exchange Commission (SEC) has recently charged Jonathan Palafox, the founder of PGI Global. He is accused of operating a purportedly cryptocurrency and forex trading fraud that defrauded investors. Phase 1 of the scheme ran from January 2020 until October 2021. It purportedly used the money from newer...
Trump's sudden embrace of crypto, after years of bashing it, isn't just a political flip-flop. It's a flashing red light for financial integrity. And we’re not simply referring to a former president getting rich. Instead, we’re watching them enable a systemic meltdown. Deregulation, self-serving conflicts of interest, and a flagrant...
