Cryptocurrency Analysis and News Portal
Now is the "right time" for Hong Kong to push forward with Web3 despite the crypto market fluctuations, according to the Financial Secretary of Hong Kong, Paul Chan.In an April 9 blog post, Chan explained that one of the three major directions he has proposed in the city's budget was
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FTX was run by three inexperienced people “not long out of college,” who relied on “a hodgepodge” of online shared documents and communications across a series of different apps to manage the multi-billion dollar empire according to FTX CEO John Ray III.In an April 9 court filing in a Delaware
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A central bank digital currency (CBDC) may turn out to be the “single largest assault to financial privacy since the creation of the Bank Secrecy Act,” a policy analysis document released by CATO Institute has said. To stop the U.S. Federal Reserve and Treasury from threatening the financial system with
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Presidential hopeful Robert F. Kennedy Jr. has issued a warning regarding the Federal Reserve’s new Fednow system and the potential risks of central bank digital currencies leading to financial slavery and political tyranny. He additionally warned: “We should not be blind to the obvious danger that this is the first
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Florida governor Ron DeSantis has voiced strong opposition to central bank digital currencies (CBDCs), asserting that they threaten to undermine the financial freedom of Americans. Florida Governor Ron DeSantis has recently taken a strong stance against CBDCs, arguing that they pose a significant threat to the financial freedom of Americans. DeSantis
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Robert F. Kennedy Jr. filed documents with the United States Federal Election Commission on April 5 to run as a Democratic presidential candidate in 2024, according to multiple news reports. He is expected to officially announce his candidacy on April 19 in Boston, Massachusetts. As reports of his candidacy spread,
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Ripple has spent over $100 million fighting the SEC. Financial advisors should pay attention to Ripple’s trial, as it could have significant consequences to how we define securities. Original Source
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“Institutions can pursue their blockchain strategies in private, permissioned chains with known and approved counterparties, while retaining the ability to communicate with other subnets through Avalanche’s native communication protocol Avalanche Warp Messaging (AWM),” according to the statement. The AWM allows users to data transfer, communicate and asset swap without relying
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Islamic banking and finance is a system based on the principles of Shariah, or Islamic law, which, among many other things, prohibits the charging or paying of interest on loans and emphasizes ethical and equitable financial transactions. One of the more notable traits of Islamic banking is its prohibition on charging
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Al Ansari Financial Services experienced an upswing in the value of its shares after instituting 2023’s first Dubai IPO. The shares of UAE remittances and money exchange firm Al Ansari Financial Services surged 17% in its initial public offering (IPOIPO) outing at its Dubai Financial Market trading debut. The family-owned company raised $210
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