Category: Money
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Ireland To Draft Urgent Crypto Laws Ahead Of EU’s Crackdown On Money Laundering
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Ireland appears to be taking rapid action to implement new cryptocurrency regulations in anticipation of upcoming EU anti-money laundering (AML) and counter-terrorism financing (CTF) standards. Finance Minister Jack Chambers Announce to the Cabinet that urgent legislation will be drafted to update the country’s cryptocurrency regulations before new EU laws come…
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CORVA: Welcome To The Empowerment Epoch — Bitcoin As The People’s Money
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Follow Frank on X. At the Oslo Freedom Forum this year, Len Alden argued that Bitcoin is now liquid enough to be used in a human rights context, a compelling argument with which I agree. Bitcoin, which now has a market capitalization of more than $1.2 trillion, is less volatile…
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China September M2 money supply +6.8% vs +6.4% y/y expected
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High risk warning: Foreign exchange trading involves a high level of risk that may not be suitable for all investors. Leverage creates more risk and exposure to loss. Before deciding to trade foreign exchange, carefully consider your investment objectives, level of experience and risk tolerance. You may lose some or…
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Bitcoin Whales Bought 1.5M BTC In The Past 6 Months: Smart Money Accumulation?
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Bitcoin is experiencing significant volatility and uncertainty after falling below the $60,000 level. This decline sparked mixed reactions among investors. Some view this as a potential bear trap, indicating that the price may rise soon, while others fear that the market may be heading towards a deeper correction. Despite the…
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Palantir’s Shyam Sankar Says AI Is Experiential And If You Pay Consultants To Help You Think About Deployment ‘You’re Just Lighting Money On Fire’
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Shyam Sankar of Palantir says AI is experimental and if you pay consultants to help you think about deployment “you’re just lighting money on the fire.” Palantir Technologies Inc (NYSE:PLTR) shares have been on a tear ever since The company has been added to the S&P 500 index. The stock’s…
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Palantir’s Shyam Sankar Says AI Is Experiential And If You Pay Consultants To Help You Think About Deployment ‘You’re Just Lighting Money On Fire’
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Shyam Sankar of Palantir says AI is experimental and if you pay consultants to help you think about deployment “you’re just lighting money on the fire.” Palantir Technologies Inc (NYSE:PLTR) shares have been on a tear ever since The company has been added to the S&P 500 index. The stock’s…
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Ethereum Inflation Surge Casts Doubt On “Ultrasound Money” Claim: Report
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This article is also available in Spanish. According to the latest Binance Research report, the issuance rate of Ethereum (ETH) continued to rise in September 2024, raising concerns about the digital asset’s claim to “ultrasound money.” Ethereum’s issuance rate continues to rise In October 2024 Monthly Market Insights a reportBinance…
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TD Bank nears possible guilty plea in money laundering probe, WSJ reports By Reuters
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(Reuters) – TD Bank is close to potentially pleading guilty to criminal charges that its U.S. retail bank failed to curb money laundering linked to Chinese criminal groups and illicit sales of fentanyl, the Wall Street Journal reported on Friday. Canada’s second-largest bank is in talks with US federal prosecutors…
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Proof of Reserves: Show Me the Money, Or It Didn’t Happen
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If we claim to be an improvement on traditional finance, we’d better start playing that role. It’s clear how Bitcoin fixes the rampant cash hoarding. It’s also clear how Bitcoin changes your relationship with money — both financially, because you’re more likely to save assets that appreciate in value —…
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Has the Ultra Sound Money Era Ended?
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Ethereum (ETH), which has been referred to as a supercoin due to its deflationary view, now appears to be facing new challenges that have led some analysts to question whether that narrative still holds. Prominent cryptocurrency analyst Thor Hartvigsen recently highlighted this issue in a detailed report. mail In X,…
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Eurozone Money M3 annual growth 2.3 vs 2.7% expected
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High Risk Warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage also creates additional risks and exposure to loss. Before deciding to trade foreign exchange, carefully consider your investment objectives, level of experience, and risk tolerance. You may lose some…
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Are They Truly The Future Of Money?
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Stablecoins image In an age where cryptocurrencies are reshaping the financial landscape, stablecoins have emerged as a vital bridge between traditional currencies and digital assets. As their name suggests, stablecoins are designed to maintain a stable value, often pegged to a currency like the U.S. dollar. This makes them a…
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You have to spend money to make money By Investing.com
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Amazon (NASDAQ:) reported second-quarter earnings that beat analysts’ expectations, but its stock fell 12% on Friday on weaker-than-expected third-quarter guidance and weak consumer trends. The e-commerce and cloud computing giant reported adjusted earnings per share of $1.26 for the quarter ended June 30, 2024, beating analysts’ estimates of $1.03. Revenue…
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I spent Sh1m savings on a wedding, how can I raise money for a house and car?
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I am Wilson, 29 years old. I earn $1,237. I pay five percent withholding tax every month because the company is foreign and not registered in the country. So, they use another partner company that is registered locally. They receive dollars and pay me in Kenyan shillings at the current…
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Tesla Will Lose Money On Bitcoin Purchase
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Source: cryptoslate Veteran investor and Bitcoin critic Peter Schiff didn’t hesitate to talk about Tesla’s decision to invest in the leading cryptocurrency. In a candid interview, Posted on social mediaSchiff congratulated Musk on his recent acquisition of X (formerly Twitter), but inadvertently mentioned Bitcoin instead of X. This Freudian slip,…
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As D.C. Adopts Sound Money Principles, States Must Continue to Lead
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Conservatives have pledged to deliver sound monetary policy in Washington by 2025, but the fight for your financial freedom is closer than you might think. States have been leaders in this effort, and they should capitalize on this national momentum to defend America’s financial freedoms at home. This month, the…
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Faulu Microfinance Bank launches money market fund
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Faulo Microfinance Bank has launched the Money Market Fund (MMF), with the aim of expanding investment options for its clients. A money market fund (MMF) is a type of mutual fund that invests in high-quality, short-term debt instruments, cash, and cash equivalents. Although not quite as safe as cash, money…
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Bitzlato Founder Sentenced to Prison for Facilitating Money Laundering
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On July 18, Judge Eric Vitaliano sentenced the founder of cryptocurrency exchange Pizzalato to 18 months in prison, time he has already served, for running an unlicensed money transfer business. Anatoly Legkodimov pleaded guilty last year to running an operation that facilitated the concealment of more than $700 million in…
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Bitzlato Founder Sentenced to Prison for Facilitating Money Laundering
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On July 18, Judge Eric Vitaliano sentenced the founder of cryptocurrency exchange Pizzalato to 18 months in prison, time he has already served, for running an unlicensed money transfer business. Anatoly Legkodimov pleaded guilty last year to running an operation that facilitated the concealment of more than $700 million in…
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Co-founder of Bitzlato avoids extra jail time in $700m money laundering case
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The Russian founder of Bitzlato has been sentenced to a fixed term in prison for facilitating more than $700 million in illegal crypto transactions. Anatoly Legkodimov, a Russian co-founder of Hong Kong-based cryptocurrency exchange Bitzlato that processed more than $700 million in illicit cryptocurrency on the dark web, has been…