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Mexican politicians join the growing club of government regulators wishing to get a handle on bitcoin and financial technology. Also read: Bank of Mexico Rejects ‘Virtual Currency’ as Legal Classification for Bitcoin. Mexican financial journalists were taken off guard when
Right on schedule, geopolitical tensions are threatening to flare up for the weekend. While you were sleeping, North Korea sort of threatened an H-bomb in the Pacific, and that nation’s fearless leader finally responded to that “Rocket Man” jab, by
Crowdfunding The Mexican bitcoin exchange Bitso has announced they are soliciting donations for victims of the 7.1 magnitude earthquake that took place on September 19. The trading platform was previously raising funds for the devastating quake that
Now that the Fed has finally started to peel off the quantitative-tightening Band-Aid, things should start getting back to normal. That’s a good one, given no one really knows what normal is these days. A pullback from the record highs
“This Is Where The Next Financial Crisis Will Come From” By Zero Hedge In an extensive, must-read report published on Monday by Deutsche Bank’s Jim Reid, the credit strategist unveiled an extensive analysis of the “Next Financial Crisis”, and specifically what
Warren Buffett could be heard giving Wall Street the old sis-boom-bah in New York last night, saying don’t short U.S. stocks because in 100 years the DJIA will be at 1 million. While we’re several hundred thousand points away from
The day has finally arrived: today the Fed will officially announce the start of its balance sheet shrinkage (full preview here) while keeping rates unchanged, perhaps hiking again in December (market odds at 56%), while revising its economic projections and
Whenever a natural disaster takes place, there is a dire need for relief efforts. Although not everyone can send goods over to affected countries, financial support will do the job as well. Rather than donating to organizations who can’t properly
NEWSWORTHY Privacy fail, Part I. After Congress in March repealed an Obama-era law restricting the sale of people’s web browsing history and other personal info, privacy advocates hoped that some major states might enact similar rules. But an effort to
Global Debt Bubble Understated By $13 Trillion Warn BIS – Global debt bubble may be understated by $13 trillion: BIS– ‘Central banks central bank’ warns enormous liabilities have accrued in FX swaps, currency swaps & ‘forwards’– Risk of new liquidity crunch and
