Yay, it’s the fourth of July America! Let’s reflect on financial freedom too!
It’s refreshing for all Americans as you celebrate your country’s independence. Fintech Express wishes you all a happy time. However, we also wish to make you reflect on what financial freedom and independence could mean to your lives
Britain gets left behind as the only major economy with rising inflation rates
Britain keeps experiencing increased economic pressure as inflation levels remain higher than its competing economies despite numerous rate hikes. The country is expected to endure a longer period of tough markets owing to interest rate hikes to tame inflation for the better part of the year.
Cameron Winklevoss: Barry Silbert, accept our deal or face litigation
Cameron Winklevoss has penned a new open letter and addressed it to DCG’s Barry Silbert on Twitter, claiming that Silbert has been evading fulfilling his dues to DCG’s earned customers for the past 8 months. Winklevoss has warned Silbert of a potential lawsuit in two days if he doesn’t fulfill the demands from Gemini bosses.
The Hornet’s Nest Kicked Again: Wall Street Wants In On Bitcoin, Crypto
Crypto is a hedge against inflation and economic downturns. As central banks around the world continue to print money, you should be concerned about the long-term value of fiat currencies.
President Ruto in distress as High Court dismisses CASes days after suspending controversial Finance Act
Kenya’s High Court deemed President Rutos’ 50 assistant cabinet secretaries unconstitutional just days after suspending the highly controversial Finance Act. The decision follows an uproar of continued overspending from the Kenyan government while the country is in financial distress.
Banking
No Results Found
The page you requested could not be found. Try refining your search, or use the navigation above to locate the post.
Finance
No Results Found
The page you requested could not be found. Try refining your search, or use the navigation above to locate the post.
Technology News
No Results Found
The page you requested could not be found. Try refining your search, or use the navigation above to locate the post.
Podcast
No Results Found
The page you requested could not be found. Try refining your search, or use the navigation above to locate the post.
No Results Found
The page you requested could not be found. Try refining your search, or use the navigation above to locate the post.
Hot Stories
Hong Kong is asking banks to accept crypto clients more
The Central Bank of Hong Kong has specifically asked banks under it to help crypto firms by providing financial services. It wants the banks to work well with “virtual asset service providers” by providing them with fiat ramps and similar services.
Top 6 stablecoins by marketcap
Stablecoins are cryptocurrencies whose values are always pegged to that of another currency, commodity, or financial instrument. They are an alternative to the high volatility of other cryptocurrencies and fiat currencies, which may be hard to use digitally.
Tether USDT de-pegs as Curve 3Pool destabilizes
Tether’s USDT traded on a discount of up to 0.25% on June 15, 2023, due to imbalances in Curve 3Pool. Curve 3Pool is one of the most popular pools for stablecoin trading in decentralized finance. Therefore, a miscalculation or imbalance of reserves can affect its stablecoins.
EU lawmakers pass the first comprehensive artificial intelligence rules
EU leads the world in regulating artificial intelligence by passing the first comprehensive set of regulations. The new rules will monitor how generative AI like GPT4 is built and released commercially.
France invites Elon Musk to build a Tesla factory though it threatens Twitter
France Digital Minister Jean-Noel Barrot hints that the country is planning to convince Elon Musk to invest in the next Tesla Gigafactory there. Barrot made these statements in an interview with a CNBC Journalist on June 14 though she also noted that if his Twitter platform does not comply with the upcoming EU Digital Services Act, it will get banned.
Digital dollar could trigger a bank run: Treasury Official
A digital dollar is still not sitting well with treasury Official Graham Steele on worries that it could very well trigger bank runs. Steele thinks that the in-research digital dollar could encourage further withdrawals from banks, weakening an already shaken system.