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Crypto continues to battle tough regulations
A sticky situation persists in the crypto ecosystem as regulators pledge to ‘spring clean’ the entire industry. What started as a juvenile attack on crypto is now almost a full-blown annihilation of an industry whose promise at genesis was financial freedom.
Money market funds get record inflows in the U.K.
Investors in the U.K. have flocked into money market funds, according to a June report from Calastone, in the second-highest move of its kind in the country’s history. The move comes when the U.K. economy is in distress due to the rising inflation rate dragging costs of living up with it.
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.