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
An oil pumpjack pulls oil from the Permian Basin oil field on March 14, 2022 in Odessa, Texas. Joe Raedle | Getty Images This report is from today’s CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. … Read more
A Crypto Mystery: Who Controls This Fast-Growing Stablecoin? The Wall Street Journal Source link
Drilling rigs sit unused on a companies lot located in the Permian Basin area on March 13, 2022 in Odessa, Texas. Joe Raedle | Getty Images News | Getty Images This report is from today’s CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need … Read more
Crypto prices should be viewed more like internet stocks than currency, said Brian Brooks, the former U.S. Acting Comptroller of the Currency during the Trump Administration. The biggest misunderstanding around cryptocurrencies is that if they’re “not doing a great job of replacing the U.S. dollar, then crypto is failing in its mission,” Brooks, now the … Read more