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Charles Schwab Itching to Invest Trillions Into Cryptocurrency, Waiting For SEC Clarity

In 18 months, investment firm Charles Schwab has 180’ed on the idea of offering cryptocurrency to its clients. Previously, the firm warned that cryptocurrencies were a purely speculative instrument. But now, based on client demand, it’s ready to make a move. “If the company decides to participate in the crypto market

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Bitcoiners Have Trillions and Trillions of Reasons to Ignore US Election

The outcome of next month’s U.S. presidential election may not matter much for bitcoin’s price: Economic stimulus in the trillions of dollars is likely no matter who wins, bolstering the largest cryptocurrency’s appeal as a hedge against inflation. President Donald Trump over the past week has reversed his opposition to another big government-spending bill following April’s

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Coronavirus Could Cost the Global Economy Trillions on a SARS Baseline

Using estimates of the economic damage caused by SARS and current rates of coronavirus infection, COVID-19 could cost trillions. Official figures show coronavirus is about 33% as deadly as the 2002-2003 SARS epidemic. So far it’s infected 6,800% more people. Chinese authorities downplayed the epidemic’s impact on the economy

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