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Elon Musk Criticizes Federal Reserve’s Data Latency and Calls for Immediate Rate Drop Amidst Banking Chaos

Elon Musk Criticizes Federal Reserve’s Data Latency and Calls for Immediate Rate Drop Amidst Banking ChaosAmidst the chaos in the U.S. banking sector, Elon Musk, the CEO of Tesla and owner of Twitter, has been critical of the country’s central bank. Musk insists that the U.S. Federal Reserve is operating with “way too much latency in their data,” and he insists that the central bank needs to drop the federal […]

Will Trump’s Swearing-In Ignite a Bitcoin Price Explosion? AI Chatbots Weigh In

‘Prohibitive’ Capital Rules for Banks Holding Crypto Win Support in EU Parliament

‘Prohibitive’ Capital Rules for Banks Holding Crypto Win Support in EU ParliamentLawmakers in the European Union have backed legislation imposing new capital requirements for financial institutions, including strict rules meant to cover crypto-related risks. The latter concern banks keeping digital assets and are expected to enter into force in January, 2025. EU Legislators Approve Draft Law Implementing the Basel III Capital Regulations for Banks Members of […]

Will Trump’s Swearing-In Ignite a Bitcoin Price Explosion? AI Chatbots Weigh In

Ukrainian Police Bust Crypto Call Centers Defrauding Investors Across Europe

Ukrainian Police Bust Crypto Call Centers Defrauding Investors Across EuropeUkrainian investigators have exposed a scheme targeting residents of the country and the European Union with various financial scams, including some related to cryptocurrencies. The criminal organization members contacted their victims through call centers to collect personal financial information. Fake Ukrainian Call Centers Promise Foreigners Excess Profits From Crypto Trading Officers from the Main Investigative […]

Will Trump’s Swearing-In Ignite a Bitcoin Price Explosion? AI Chatbots Weigh In

US Banking Giants Goldman Sachs and JPMorgan Wind Down Business in Russia

US Banking Giants Goldman Sachs and JPMorgan Wind Down Business in RussiaGlobal investment banks Goldman Sachs and JPMorgan Chase are winding down business in the Russian Federation. The move comes as western sanctions against Moscow over its decision to launch a military invasion of Ukraine continue to expand, supported by leading financial institutions. Goldman Sachs and JPMorgan Scale Down Russian Operations Goldman Sachs Group and JPMorgan […]

Will Trump’s Swearing-In Ignite a Bitcoin Price Explosion? AI Chatbots Weigh In

Irish Banks Hail EU’s ‘Radical’ Anti-Money Laundering Push

Irish Banks Hail EU’s ‘Radical’ Anti-Money Laundering PushBanks in Ireland have welcomed an upcoming reform of the European Union’s anti-money laundering regulations that will affect the crypto space. The Irish banking industry organization voiced support for the changes aimed at disrupting illicit transactions at the union level while calling them “radical.” New AML Body to Weed Out Suspicious Transactions in the EU, […]

Will Trump’s Swearing-In Ignite a Bitcoin Price Explosion? AI Chatbots Weigh In