The Blockchain Association has confirmed that CFTC Commissioner Summer Mersinger will leave the regulator on May 30 and assume the CEO role on June 2, replacing Kristin Smith and bringing two decades of Capitol Hill and agency experience to the crypto lobby’s final push for fit-for-purpose legislation.
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Asia’s Richest Ditch U.S. Dollars for Crypto, Gold and Chinese Assets, UBS Reveals
UBS has reported that Asia’s billionaires have reduced reliance on the U.S. Dollar, directing funds toward cryptocurrencies, gold and Chinese sectors. Declining reserve dominance, tariff détente and expanding digital wealth tools have supported a 25 % gold rally and deeper allocation to Bitcoin.
The post Asia’s Richest Ditch U.S. Dollars for Crypto, Gold and Chinese Assets, UBS Reveals appeared first on Cryptonews. …
Biden aide hits back at book alleging cover-up of his ‘deterioration’
Biden’s condition during his 2024 presidential campaign was said to be so poor that aides discussed putting him in a wheelchair.
Halle Bailey gets restraining order against ‘abusive’ ex
She alleges rapper DDG has been violent towards her since their break-up. He has not yet commented.
Céline Dion sends message to Eurovision as favourites Sweden qualify
The singer sends a good luck message to Switzerland, as 10 countries qualify for Saturday’s final.
Plane crash victims’ families file complaint against Jeju Air CEO
A criminal complaint was filed against 15 people, including the transport minister, for negligence.
European Commission wrong to deny release of von der Leyen messages, court says
The Commission is found to have wrongly refused to publish texts from its president during the Covid pandemic.
Judge cuts Menendez brothers’ sentences giving them chance of freedom
The decision could pave the way for Erik and Lyle Menendez to be freed, in a case that still divides the US.
U.S. Spot Bitcoin ETFs See $96M in Outflows, Snapping 4-Day Inflow Streak
U.S. spot Bitcoin ETFs recorded $96.14 million in net outflows on Tuesday, breaking a four-day streak of inflows that had culminated in a record-setting performance just a day earlier.
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Morgan Stanley Crypto Chief Departs to Launch DeFi-Focused Investment Firm
Andrew Peel, the head of digital asset markets at Morgan Stanley, has stepped down to launch his own crypto-focused investment and trading technology firm.
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