Sam Bankman-Fried says rice is ‘one of the currencies’ behind bars
Behind the bar, Sam Bankman Freed traded cryptocurrencies for a new kind of currency: sacks of rice. The disgraced FTX founder is being held at Brooklyn’s Metropolitan Detention Center as he awaits transfer to federal prison to serve a 25-year sentence. Bankman Fried was convicted last year of wire fraud, money laundering and conspiracy. Sam […]
Are government-controlled digital currencies and digital IDs coming?
A $1.2 trillion spending bill recently passed the U.S. House of Representatives. The bill allocates funds to recipients and prohibits policies that would be prohibited in normal times. However, these times are by no means normal. The American people are closely monitored, shaped, manipulated, and silenced. Tying a Chinese-style social credit system to digital money […]
GOP senators propose ban on central bank digital currencies
Republican senators introduced a bill Monday that would ban official central bank-backed virtual currencies, a type of proposed digital asset that the Biden administration and Federal Reserve have expressed interest in studying. Republican senators said a federally backed virtual currency would raise privacy concerns and give regulators access to the personal spending habits of individual […]
The Fed is set to cut rates this year. Here are the Asian currencies that stand to benefit – CNBC
A portrait of Mahatma Gandhi appears on an Indian rupee banknote in this arrangement photo taken on Wednesday, September 12, 2018 in Bangkok, Thailand. Brent Lewin | Bloomberg | Getty Images The Fed took a dovish stance in December, and markets are pricing in rate cuts through the summer.of CME FedWatch Tools He suggested the […]