The Cabinet Office has initiated a comprehensive review of all quangos, requesting government departments to provide justification for their existence. This is an important step toward a more rigorous and strengthened scrutiny of these quasi-public, yet private, actors. It presumes that a significant number of them could be unnecessary. The...
The Cabinet Office is currently conducting a comprehensive spending review of all government funded quangos. Each agency now has to prove it deserves to exist or be eliminated. This step represents a bold step towards ensuring defence public spending is far more streamlined and accountable across the UK’s semi-public bodies....
The PGI Global founder charged with allegedly running a crypto pyramid scheme. Charge announced by the Securities and Exchange Commission (SEC), alleging that the founder misappropriated millions from investors. The scheme operation was from Jan 2020 to Oct 2021. It guaranteed profits over time by trading crypto assets and foreign...
As you’re probably aware, the regulatory landscape here in the United States is moving quickly. That move is already reviving banks’ appetite to broaden their cryptocurrency activities. Innovation in the crypto industry has continued post-2022 crash. This can be attributed, in part, to recent regulatory changes that have created a...
Paul Atkins to be the new chairman of the U.S. Securities and Exchange Commission (SEC). This sets up a historic change for the regulatory agency. Atkins succeeds Gary Gensler, permanently filling the chairman slot.Atkins' confirmation by the Senate earlier this month paved the way for his appointment as President Donald...
Pope Francis, the supreme authority of the universal Catholic Church, is retiring. He’s yet to solidify any one date for his leaving. This announcement has created waves across the global Catholic community. It is serving to encourage some healthy reflection upon his decade-long papacy, and it has ignited much speculation...
Today in 2025, the specter of cryptocurrency theft looms large over investors. HackersTent Recovery Service has emerged as the leading service firm, dedicated to recovering stolen crypto assets. This year alone, the company has helped restore more than $400 million in stolen crypto. It really shows its power and prowess...
National crypto exchange Coinbase is pushing back in court against legal action brought by the Oregon AG’s office. In suing Coinbase, Ohio’s office claims that it violates state securities laws. On April 18, an open and transparent government lawsuit was filed in front of the Multnomah County Circuit Court. It...
Binance, a prominent crypto exchange, is actively engaging with countries worldwide to help shape their crypto regulations and establish national digital asset reserves. This initiative comes as Binance works to rebuild trust and credibility following a guilty plea to charges related to money laundering and sanctions violations. The company had...
Binance, the world’s largest exchange by trading volume, is now counseling governments and sovereign wealth funds on how to create their own reserves of digital assets. This is quite a departure from the company’s traditional playbook. Which is why, after 40 years of having no permanent HQ, they’re finally willing...