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Biden Signs Bill To Boost U.S. Semiconductor Production
President Joe Biden on Tuesday signed the CHIPS ACT, which provides US$52.7 billion in subsidies for semiconductor production and research in the United States....
Senate Bill To Turn CFTC Into Direct Regulator Of Bitcoin And Ether
A new bill championed by leading Democrats and Republicans on the Senate Agriculture Committee aims to make the Commodity Futures Trading Commission (CFTC) the...
Chip Stocks Fall Amid Taiwan Tensions
Chip stocks recorded a decline amid tensions between the U.S. and China caused by U.S. House Speaker Nancy Pelosi's visit to Taiwan.
Taiwan is home...
Biden To Hold Virtual Meeting On Semiconductor Bill
According to the White House, President Biden will meet with CEOs and union leaders to address the issues surrounding the semiconductor bill.
The White House...
U.S. Investigating China’s Huawei Over Gears Near Missile Silos
According to two people familiar with the matter, the U.S. government is investigating Chinese telecommunications equipment supplier Huawei over the threat posed by its...
Stablecoins To Face Bank-like U.S. Regulation Under Draft House Bill
According to a source familiar with the matter, issuers of stablecoins will be subject to bank-like regulations and supervision under a draft bill championed...
Reps Committee Approves Bill To Create U.S. Privacy Law
A U.S. House of Representatives committee known as the House Energy and Commerce Committee has approved a bill to create the first U.S. privacy...
SEC Probes Musk’s Comments On US$44 Billion Twitter Deal
The U.S. Securities and Exchange Commission (SEC) put Elon Musk under scrutiny last month over a tweet in which he hinted at a likely...