Regulations regarding blockchain are still evolving in the U.S. Regulations are there to balance consumer safety and innovation, and decentralization is complex but crucial.

The SEC and CFTC are two organizations that work to stop scams, frauds, and deceptive cryptocurrency schemes.

There are the CLARITY Act, GENIUS Act, Securities Clarity Act, Keep Your Coins Act, and Crypto Tax Clarity.

All these acts (7+ major acts) focus on regularizing cryptocurrency in the US. The US government is actively working on this to make our digital savings easier.

Mostly investors are investing in ETFs as they are lower risk, offer instant exposure to hundreds of stocks, and provide more stability. On the other hand, individual stocks provide higher returns but with more risk factors.

ETFs mostly offer tax-efficient investment strategies because of their structure, often leading to fewer capital gains distributions than actively managed funds. So for a new investor, ETFs are best as they give broad exposure and reduce the risk factor.

To apply for an EIN, visit the IRS website and complete the online application—it’s completely free. You'll receive your EIN immediately after finishing the process. Once you have your EIN, you can open a business bank account by providing the necessary business documents and personal identification. To cash checks, make sure the account is opened under your business name.

The US president announced a 30% tariff on imports from the European Union and Mexico. The US imposed this tariff to protect domestic industries, unfair trade practices, and recent issues like drug trafficking with Mexico. These tariffs will be effective from August 1.

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After the announcement, the US stocks dipped immediately, which created a chaos of rising input costs for companies, increased trade tension, and uncertainty in global trade dynamics.

It's always better to double-check the terms and conditions before applying. As far as I know, that $200 bonus usually requires meeting a spending minimum within the first few months, and there are no annual fees.

It is possible that you may have selected some other service for $50. It's better to have a word with Chase customer service and clarify your doubts.

I'm comparing car insurance rates and noticed they vary based on things like ZIP code and car age. Why is that? Which factors—like mileage or credit—matter most to insurers?