US Republican presidential candidate Vivek Ramaswamy, in a recent X post, expressed his strong views on Central Bank Digital Currencies (CBDCs), adding that it opens a clear path to social credit scoring. “I have a one-word answer to central bank digital currencies: NO. Central bank digital currencies open a clear path to social credit scoring. … Read more
Updated Nov. 9, 2023 12:52 pm ET|WSJ Pro Celsius Network, the crypto platform that touted itself as safer than a bank, won court approval to end its bankruptcy case and release most of its remaining cryptocurrency back to hundreds of thousands of customers whose funds have been trapped since last year. The plan approved in … Read more
Get all the essential market news and expert opinions in one place with our daily newsletter. Receive a comprehensive recap of the day’s top stories directly to your inbox. Sign up here! (Kitco News) – The Swiss National Bank (SNB) has announced a new partnership with six commercial banks and the SIX Digital Exchange (SDX) … Read more
In this issue of the Bloomberg Crypto newsletter, Michael P. Regan sorts through a load of crypto dirty laundry: Crypto, almost from the beginning, has been a magnet for criticism. And the list of the most common knocks against it is long. Yet rarely have real-world examples of its assorted risks and vulnerabilities piled up … Read more
Garantex’s international pipeline helps defy Treasury sanctions by channeling rubles to crypto to dollars. Customers line up with bags of cash. The Moscow tower that is the headquarters of Garantex, a Russian crypto exchange. yuri kochetkov/European Pressphoto Agency Source link
Hamas Militants Behind Israel Attack Raised Millions in Crypto The Wall Street Journal Source link
The first days of the former cryptocurrency billionaire Sam Bankman-Fried’s criminal trial, in lower Manhattan, unfolded during an unseasonably warm spell in early October. On Wednesday, Bankman-Fried, who is well known for his propensity for casual clothes and for wearing a mop of shaggy hair, arrived in court from a federal prison in Brooklyn in … Read more
Is Bitcoin an Inflation Hedge? Here Are the Arguments on Both Sides The Wall Street Journal Source link
Get all the essential market news and expert opinions in one place with our daily newsletter. Receive a comprehensive recap of the day’s top stories directly to your inbox. Sign up here! (Kitco News) – U.S. House of Representatives Majority Whip Tom Emmer (R-MN) reintroduced his CBDC Anti-Surveillance State Act on Tuesday, a piece of … Read more
Share: Stock options worth $3.4 trillion are set to expire on Friday, the largest volume for any September. Increasing volatility could lead to price declines, with September being typically the worst-performing month for both the S&P 500 and Bitcoin. Markets broadly expect no interest rate hikes by the Fed until the end of 2023, but … Read more