News

SEC Staff Repeals Crypto-Accounting Guidance Reviled by Industry

(Bloomberg) -- US Securities and Exchange Commission staff repealed accounting guidance the crypto industry has said squashed its ability to work with banks.Most Read from BloombergWhat Happened to Hanging Out on the Street?How Sanctuary Cities Are Preparing for Another Showdown With TrumpBillionaire Developer Caruso Slams LA Leadership Over WildfiresTexas HOA Charged With Discrimination for Banning Section 8 RentersHoboken PATH Station Will Close for Almost a Month on Jan. 30“The staff reminds

Why Dogecoin Is Plummeting This Week

The cryptocurrency Dogecoin (CRYPTO: DOGE) saw its value sink this week. Dogecoin is feeling the pressure of high-profile entrants into the meme coin space this week weakening its main value proposition in some investors' eyes. Trump released his meme coin days before he was sworn in as president.

Trump Signs Executive Actions Related to Cryptocurrency, AI

(Bloomberg) -- President Donald Trump signed executive actions related to cryptocurrency and artificial intelligence, moves that could bolster two nascent industries.Most Read from BloombergWhat Happened to Hanging Out on the Street?How Sanctuary Cities Are Preparing for Another Showdown With TrumpBillionaire Developer Caruso Slams LA Leadership Over WildfiresTexas HOA Charged With Discrimination for Banning Section 8 RentersHoboken PATH Station Will Close for Almost a Month on Jan. 30The presid