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WASHINGTON, July 26 (Reuters) - A key congressional committee is set to vote this week on several bills that would develop a regulatory framework for cryptocurrencies, a milestone for Capitol Hill in its efforts to codify federal oversight for the digital asset industry.The crypto industry has been in the regulatory crosshairs since investors were burned last year by sudden collapses of Celsius Network, Voyager Digital, FTX and other companies.Among the legislation the House Financial Services Committee is considering on Wednesday and Thursday are a bill that would define when a...

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., November 15, 2022. REUTERS/Brendan McDermid/File photoWall Street stocks gainU.S. Treasury yields advanceOil prices hit three-month highDollar index weakens; Safe-haven gold risesNEW YORK, July 25 (Reuters) - Global equity markets and U.S. Treasury yields rose on Tuesday ahead of the Federal Reserve's expected interest rate hike and as markets awaited a stream of quarterly results from corporate heavyweights.Fed officials are gathering for their July monetary policy meeting, starting on Tuesday, where the central bank's...

LONDON, July 25 (Reuters) - Britain's data regulator said on Tuesday it will examine Worldcoin, a project by OpenAI CEO Sam Altman where users provide their iris scans in exchange for a digital identification and free cryptocurrency."We note the launch of WorldCoin in the UK and will be making further enquiries," a spokesperson for the Information Commissioner's Office told Reuters.Worldcoin launched on Monday with two million users from its trial, with the crypto project scaling up eyeball-scanning operations in 20 countries, including at sites in London.Described on its website as...

A trader works on the trading floor at the New York Stock Exchange (NYSE) in Manhattan, New York City, U.S., November 11, 2022. REUTERS/Andrew Kelly/File PhotoWall Street stocks gainBenchmark 10-year yields riseU.S. dollar advancesOil prices climb 2%Safe-haven gold prices little changedNEW YORK, July 24 (Reuters) - Global equity markets and Treasury yields rose on Monday as investors braced for interest rate decisions from key central banks, including the U.S. Federal Reserve, as well as corporate earnings that may shed light on the state of the economy.An overwhelming majority of traders...

NEW YORK, July 21 (Reuters) - An American couple accused of laundering billions of dollars worth of cryptocurrency stolen from the 2016 hacking of virtual currency exchange Bitfinex have entered into a plea agreement, court records showed on Friday.Heather Morgan, who used the hip-hop alias "Razzlekhan" to push her music online, and her husband Ilya Lichtenstein were initially arrested in February 2022. They are set to appear for a plea hearing on Aug. 3 before Senior Judge Colleen Kollar-Kotelly in Washington, court records showed.Kollar-Kotelly ordered prosecutors and defense lawyers to...

Miniatures of people with computers are seen in front of North Korea flag in this illustration taken July 19, 2023. REUTERS/Dado Ruvic/IllustrationWASHINGTON, July 20 (Reuters) - A North Korean government-backed hacking group penetrated an American IT management company and used it as a springboard to target cryptocurrency companies, the firm and cybersecurity experts said on Thursday.The hackers broke into Louisville, Colorado-based JumpCloud in late June and used their access to the company’s systems to target "fewer than 5" of its clients, it said in a blog post.JumpCloud did not identify...

No steps on spending needed to contain deficit for now-VargaBut gov't will review in Sept and act if necessaryVarga says he'd like to leave 3.9% deficit target intactStable forint crucial for economic players to plan-ministerCEE states can again be fastest growing EU region-VargaBUDAPEST, July 20 (Reuters) - Hungary's annual inflation will slow to 7-8% by December from 20.1% in June, helping the economy rebound, Finance Minister Mihaly Varga told Reuters, adding that no further measures were needed to contain the budget deficit for now.Prime Minister Viktor Orban's government is struggling...