Xi Touts Communist Party's Global Reach, Hails PLA's Rising Strength In 105th Anniversary Address

JPMorgan Backs US Crypto Bill, But Puts Warning Label Front & Center As Senate Eyes August Deadline Authored by Micah Zimmerman via BitcoinMagazine.com, JPMorgan threw its support behind federal digital asset legislation Monday, but the bank’s message to Congress was as much a caution as an endorsement: get the framework right, or risk recreating the financial vulnerabilities regulation was designed to prevent. In a joint op-ed, Umar Farooq, global co-head of JPMorgan Payments, and Peter Muriungi, CEO of Digital Assets and Blockchain Solutions, argued that the United States has a genuine opportunity to lead...

President Trump said on Monday that Israel “would never” use a nuclear weapon when asked about comments from David Sacks, the White House’s AI and crypto czar, who recently suggested that Israel might consider the nuclear option if the war with Iran continues to escalate. “Israel could get seriously destroyed,” Sacks said on an episode […]

Trump Admin Weighs Emergency Powers To Boost Refining As Diesel Tops $6 With national average diesel prices above $6 a gallon and regular gasoline firmly above $4.20, the Trump administration faces mounting pressure to deploy every available policy tool to contain fuel costs ahead of the midterm elections. Disruptions tied to the Russia-Ukraine war and turmoil in the Gulf are intensifying the global refining super squeeze. Reuters reports late Friday afternoon that the Trump administration is considering whether to use the Defense Production Act to expand U.S. oil refining capacity as...