Veteran Trader Peter Brandt Urges Federal Reserve to Raise Interest Rates Another 100 Basis Points
Veteran trader Peter Brandt has urged the U.S. Federal Reserve to stay hawkish and increase interest rates another 100 basi…
June 2023
Federal Reserve Chair Pushes Stronger Measures to Tackle Inflation Considers Back-to-Back Rate Hikes
Federal Reserve Chair Jerome Powell has reaffirmed the Fed’s hawkish stance. Noting that the latest economic data indicates…
US Court Orders Operator of Digital Asset Trading Scam to Pay $54 Million
According to the Commodity Futures Trading Commission (CFTC), Michael Ackerman, the operator of an alleged fraudulent digit…
Presidential Candidate Javier Milei Claims He Has the Funds to Dollarize Argentina
Javier Milei, a liberal presidential candidate in Argentina, stated recently that he has the funds needed for the dollariza…
FTX Pauses Sale of $500 Million Stake in AI Startup Anthropic
Failed crypto exchange FTX has unexpectedly halted the sale of its stake in the artificial intelligence (AI) startup Anthro…
Binance to Lose Euro Transfers as Paysafe Drops Support
Paysafe will discontinue support for bank transfers of euros to and from Binance, the payments provider announced. The news…
Mastercard Introduces Multi-Token Network to Support Wider Digital Asset Industry
Mastercard has introduced its Multi-Token Network (MTN), an app store powered by blockchain technologies for building regul…
North Carolina Advances Bill to Study Holding Bitcoin Using Crypto to Hedge Against Inflation
The U.S. state of North Carolina has advanced a bill to study holding cryptocurrencies, particularly bitcoin, in the state …
Binance Abandons Planned Delisting of Some Privacy Coins in EU Markets
Cryptocurrency exchange Binance has reconsidered a decision to delist some privacy tokens in several European markets. The …
Robert Kennedy Jr Promises to Protect Your Right to Use and Hold Bitcoin as President
U.S. presidential candidate Robert F. Kennedy Jr. (RFK Jr.) has promised to ensure that “your right to use and hold bitcoin…
Crypto Exchange Binances Motion to Restrain SECs Public Statements Denied
Binance’s attempt to prevent the U.S. Securities and Exchange Commission (SEC) from making public statements alleging that …
Nevadas Financial Watchdog Seeks Receivership of Crypto Custodian Prime Trust Amidst Insolvency Concerns
In a recent submission to the Eighth Judicial District Court in Las Vegas, the Nevada Financial Institutions Division has e…
IMF Director: Iranians Brazilians Saudis Switching to Trade in Chinese Yuan as De-Dollarization Gains Momentum
The International Monetary Fund’s (IMF) executive director for Russia says a growing number of countries are switching to t…
FTX Co-Founder SBF and Inner Circle Accused of Lavish Spending and Fraud in Latest Bankruptcy Report
On Monday, FTX released a second investigative report accusing co-founder Sam Bankman-Fried and senior executives of commin…
IMF Boss: Supporting Egyptian Currency Akin to Putting Water in a Bucket That Has Holes
Kristalina Georgieva, the International Monetary Fund (IMF)’s managing director, has said Egypt needs to plug leakages of f…
HSBC Enables Bitcoin and Ethereum ETF Trading on Mobile Apps in Hong Kong
Banking giant HSBC has begun letting customers buy and sell bitcoin and ethereum exchange-traded funds (ETFs) that are list…
Yuan Usage Soars in Argentina: Over 500 Companies Request to Pay for Imports in Chinese Currency Report
Over 500 companies in Argentina have reportedly requested to pay for imports using Chinese yuan as the U.S. dollar shortage…
North Korean Analyst Warns of Accelerating End to Dollar Dominance Says BRICS Poses Challenge to US Hegemony
A North Korean analyst has cautioned that the actions taken by the U.S. to restrict the usage of the dollar and the growing…
JPMorgan Outlines 4 Global Outlook Scenarios Warns of Boil the Frog Recession as Global Downturn Looms
Global investment bank JPMorgan has presented four probable global outlook scenarios, with “boil the frog” recession emergi…
Report: Dozens of Chinese Nationals Arrested in Libya for Operating Illegal Crypto Mining Farm
Around 50 Chinese nationals have reportedly been apprehended by Libyan authorities following allegations of running a crypt…
Brit Gets Prison Time for Twitter Hack Impersonating Biden Buffett in Bitcoin Scheme
A U.K. citizen has been sentenced by а New York court to five years in prison for his role in a Twitter hack including the …
Latam Insights IMF States Latams CBDC Interest Rises Lula Emphasizes Bretton Woods Institutions No Longer Function
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In …
Banking Giants Crédit Agricole Santander Seek to Provide Crypto Custody Under French Registration
A subsidiary co-owned by Crédit Agricole and Santander has registered as a digital asset service provider in France. The re…
What is De-Dollarization? Exploring the Shift Away From the US Dollars Global Dominance
From the latter half of 2022 and continuing into 2023, the concept of de-dollarization has gained significant traction, mak…
US Treasury Secretary Defends Dollar Dominance as Emerging Markets Push to De-Dollarize
U.S. Treasury Secretary Janet Yellen has defended the dominance of the U.S. dollar amid rising efforts by emerging countrie…
Robert Kiyosaki Shares Simple Way to Tell if Economy Is in Recession
Rich Dad Poor Dad author Robert Kiyosaki has shared a very simple way of telling whether an economy is in a recession. “The…
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