Nayib Bukele – the Bitcoin-bullish President of El Salvador – has predicted that the central banking model of today’s western economies will eventually give way to a more trustworthy, decentralized sy...
Tag: Financial
Fed Decision Looms Over Financial Markets, Is Bitcoin Safe?
Bitcoin and the entire crypto market are currently waiting with bated breaths to see the outcome of the FOMC meeting. The United States Federal Reserve Open Market Committee (FOMC) meeting began on No...
Circle, Paxos secure regulatory approval from Singapore financial watchdog
On Nov. 2, the Monetary Authority of Singapore (MAS) approved Paxos’ license and granted in-principle approval to Circle. Paxos is the issuer of Paxos Standard (USDP) and the co-issuer of Binance USD ...
Core Scientific may consider bankruptcy following uncertain financial condition: Report
Bitcoin mining firm Core Scientific is reportedly considering a potential bankruptcy amid a group of its convertible bondholders consulting restructuring lawyers. According to a Nov. 1 report from Blo...
User Privacy and Financial Security Key Principles Guiding CBDC Design Process – Featured Bitcoin News
According to Yi Gang, governor of China’s central bank, the process of designing the country’s digital currency is premised on two principles, the protection of user privacy as well as ensuring “finan...
Bitcoin Miner Argo Blockchain Loses More Wall Street Bulls After Financial Woes
“If indeed it can secure the financing to negotiate a power purchase agreement [PPA], we believe Argo’s flagship Helios facility could be better monetized,” Canaccord analyst Joseph ...
Hong Kong financial regulator issues guidelines for crypto futures ETFs
The Securities and Futures Commission of Hong Kong has set up requirements for entities considering a public offering of an exchange-traded fund (ETF) tied to cryptocurrency futures. In an Oct. 31 cir...
The Fed’s Money Printing Will Cause Another Financial Crisis: Peter Schiff
Decades of easy money policy at the central bank have prepared the U.S. for an epic financial fallout to come, according to the popular financial commentator Peter Schiff. During a recent episode of ...
All Is Not ‘Peachy’ at Ford and There’s No Reason for Traders to Chase It
On Monday morning the Wall Street Journal reported that the Ford Motor Co (F) would offer severance packages to some white-collar employees who have eight years of service or more and whose performanc...
Jordan Financial Expo & Award, where the past embraces the blockchain-based future
What does the Chairman of the Board of Directors of the Amman Stock Exchange, half of the elected Government cabinet of Jordan including the Prime Minister and Mr. KEY, (who forgets to remove his hat ...
CBDC Tied to Digital IDs, the Latest in Financial Repression
Central bank digital currencies (CBDC) were once seen by the crypto community as a positive development. However, there could be a more sinister side, especially in the more authoritarian states that ...
Doug Kass: Here’s Why Easy Money Often Winds Up in Money Heaven
There are an increasing number of examples of the tide going out and exposing us to who is swimming naked. Excessive monetary growth gave capital to the likes of Chamath Palihapitiya, Cathie Wood and...
Financial Crisis Haunts Korea as It Confronts a Credit Meltdown
(Bloomberg) — Past financial crises are haunting South Korean policy makers as they rush to support a local credit market that’s quickly gone from one of the world’s safest to teetering on the b...
U.S Lawmakers raised concern about revolving doors between financial regulators and crypto industry
“Over 200 government officials have moved between public service and crypto firm” Five U.S lawmaker have sent letter to seven financial regulators asking about the measures they are taking to prevent...
3 High Dividend Stocks to Buy and Hold
When it comes to finding great stocks to hold for the long-term, investors have many routes that can be taken to accumulate wealth. Some stocks are value-oriented, offering shareholders a cheap purcha...
Thailand and Hungary Partner to Promote Blockchain Tech in Financial Sector – Blockchain Bitcoin News
Industry associations from Hungary and Thailand plan to cooperate on implementing blockchain technologies in the financial services sector. The two sides hope to share experience and produce ideas for...
Terra’s Do Kwon Faces $57 Million Lawsuit in Singapore For Financial Fraud ⋆ ZyCrypto
Advertisement     A fresh lawsuit has been initiated in Singapore against embattled Terra Form labs CEO Do Kwon, the Luna Foundation Guard (LFG) and Terra founding par...
Market Does a Head Fake and the Fed Can’t Be Happy About It
After poor earnings reports from Amazon (AMZN) , Microsoft (MSFT) , Meta (META) , and Alphabet (GOOGL) , the logical move was for the market to the sell off. Even the mighty Apple (AAPL) talked about ...
Is Credit Suisse a Canary in the Financial Industry Coal Mine?
Really seeing the deeper limits of high finance, though, requires attention to the relationship between speculation and crisis. Entities like Suisse and Deutsche that try to “break in” to mergers advi...
3 of the Highest Yielding Dividend Champions to Buy Now
The turmoil the stock market has been through this year has caused significant pain to a lot of investors. However, periods like this are inevitable, and while it is painful to endure, it also creates...
CFTC commissioner compares crypto contagion risk to 2008 financial crisis
Commodity Futures Trading Commission’s (CFTC) Christy Goldsmith Romero has pointed to the collapse of the Terra ecosystem and its flow-on effects as an example of how contagion risks within crypto mar...
Pioneer Natural Resources: Buy, Sell or Hold?
Shares of Pioneer Natural Resources (PXD) were trading lower Friday following an earnings and revenue miss. Should we sell? Stand pat? Or look to be a buyer? In our October 18 review of PXD we wrote ...
Core Scientific reveals financial distress in SEC filing, says its end may be near
Bitcoin miner Core Scientific filed forms with the United States Securities and Exchange Commission on Oct. 26 indicating that will not make payments due in late October and early November. The compan...
Brookings Institution disputes claim that crypto improves financial inclusion
Brookings Institution, the influential Washington DC-based think tank, has disputed promises about crypto’s oft-heralded claim of improving financial inclusion. In her report on behalf of Brookings, T...
Will Binance CEO Stand by Financial Backing of Musk’s Twitter Bid ? –
2 hours ago | 2 mins read Editors News CZ pledged to support the offer when it was made public in April. Earlier this year, Musk discussed with other cryptocurrency billionaires how they may decentral...
Kansas City Chiefs Acquire Kadarius Toney In Savvy, Low-Risk Financial Move
Kadarius Toney of the New York Giants is in action against the New Orleans Saints during a game on … [+] Oct. 3, 2021. (Photo by Jonathan Bachman/Getty Images) Getty Images Brett Veach has struc...
U.S. CFTC Commissioner Said Crypto Recalls 2008 Financial Crisis
In a recent event, the CFTC Commissioner said that the oversight of CFTC is an answer to the possible financial stability risks. She mentioned that the crypto industry is repeating certain elements of...
Singapore Financial Regulator Seeks Stakeholder Input On Proposals For Digital Payments ⋆ ZyCrypto
Advertisement     On October 26, 2022, the Monetary Authority of Singapore (MAS) released two consultation papers namely, the Proposed Regulatory Measures for Digital ...
UK Lawmakers Vote to Recognise Crypto as Financial Instruments
Lawmakers in the United Kingdom voted in favour of recognising cryptocurrency assets as regulated financial instruments on Tuesday. The lower house of the U.K. Parliament, The House of Commons, met on...
UK Lawmakers Favor Regulating Crypto As Financial Instrument
Following the appointment of the new prime minister in the UK, who is a pro-crypto-enthusiast, the lower parliament house of the state assembly votes in favour of regulating virtual assets as per the ...