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U.S. Banks Will Lose $450 Billion As the Treasury Begins Its Massive Borrowing Spree
Morgan Stanley predicts that when the US Treasury releases a fresh batch of T-bills, roughly $500 billion will leave American banks.
According to CNBC, Morgan Stanley forecasts a total…
A former director of the SEC has said that a decision in the Ripple vs SEC lawsuit is near
Ex-SEC Director Expects Ripple versus. SEC Decision Within Days. After more than two years, the SEC-Ripple lawsuit may finally be resolved.
The long-running dispute between Ripple and…
Solana’s crypto-enabled smartphone is competing in a crowded market
Since its debut last year, Solana's Android phone has found its way into the hands of thousands.
Solana is trying to carve out a place in the mobile business, known for eating up…
SEC and Binance.US has reached a provisional arrangement to provide access to its assets
Some of the proposed changes include limiting the ability of Binance employees to access private keys and making the company's financial records public.
The American cryptocurrency…
After Robinhood and eToro, Bakkt has removed support for many popular crypto
U.S. Securities and Exchange Commission-designated tokens SOL, MATIC, and ADA were purportedly stopped from trade on Bakkt.
Bakkt, a derivatives exchange located in New York, is removing…
Suit claims US government arbitrarily took $100,000,000 in cash, gold, and jewellery from citizens
A new complaint claims that the United States government illegally removed over $100 million from the safety deposit boxes of California residents without providing any explanation.
Many…
China to Demonstrate the Digital Yuan at the Summer World University Games
In July, the CBDC will be used during the Summer Globe University Games in Chengdu, giving student-athletes from all around the globe an opportunity to utilize China's digital yuan.
…
‘Bitcoin Mayor’ of Miami is Running Against Trump
Since his 2017 election, Francis X. Suarez has been a vocal supporter of cryptocurrencies.
Miami's mayor, Francis X. Suarez, has officially entered the presidential race. Suarez, often…
The European Central Bank would be required under the proposed plan to regulate the extent to which…
According to a report by Bloomberg News, the European Union's executive branch may soon reveal plans for a digital euro that would need regulation by the European Central Bank.
Bloomberg…
The Federal Reserve has decided to pause its rate-raising program
In the last meeting, the Federal Reserve had increased rates at ten sessions covering the last 15 months.
On Wednesday, the Federal Reserve of the United States decided not to adjust its…
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