Bookmarking Crypto Insights
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On Monday, Robert F. Kennedy Jr. once again cautioned the public to be wary of central bank digital currencies (CBDCs), and he insisted that the Biden administration has launched a “steady barrage of hostile broadsides against cryptocurrencies.” Kennedy, who recently filed to run for president of the United States in the 2024 election as a … Read more
President Biden urges technology companies to prioritize secure AI products before public release, stressing the need to address potential risks to society, national security and the economy. Go to Source Powered by WPeMatico
On Sunday, Saudi Arabia and several major oil producers announced their plan to cut oil production by 1.15 million barrels per day, starting in May and continuing until the end of 2023. According to the Saudi Energy Ministry, the move was coordinated with some members of the Organization of the Petroleum Exporting Countries (OPEC) and … Read more
The White House isn’t doing any favors for derivatives traders by turning a blind eye to the biggest players in the space. Go to Source Powered by WPeMatico
A day after Coinbase received an SEC Wells notice, industry commentators weighed in on what recent regulator actions mean for America’s crypto future. Go to Source Powered by WPeMatico
The report included 35 pages seemingly aimed at debunking the merits of crypto assets. Go to Source Powered by WPeMatico
On Monday, U.S. president Joe Biden published the administration’s economic report and addressed the subject of cryptocurrencies. The section titled “The Perceived Appeal of Crypto Assets” describes the currencies as “mostly speculative investment vehicles” that are “unbacked” and “traded without fundamental anchors.” The White House insists that crypto assets do not deliver on their promises … Read more
Serving as a committee member of Alchemy Pay’s management and advisory board, and as Global Strategic Adviser to support Alchemy Pay’s expansion and growth in global markets, contributing actively to strategy, compliance and government relations. Alchemy Pay, Singapore based pioneer of the world’s first payment gateway solution to bridge the gap between fiat and crypto … Read more
With the Federal Open Market Committee convening on Wednesday and the recent financial troubles facing the U.S. banking system, White House press secretary Karine Jean-Pierre said President Joe Biden has “confidence” in Federal Reserve chair Jerome Powell. Meanwhile, according to the CME Group’s Fedwatch tool, the target rate probability suggests the Fed will raise the … Read more
The spokeswoman said that she won’t be commenting specifically on Silvergate, but the White House will be actively monitoring the situation. Go to Source Powered by WPeMatico
