Mexico Proposes Legislation to Tame Bitcoin

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

Overly complacent investors may be in for a rude Fed wake-up call

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

“This Is Where The Next Financial Crisis Will Come From”

“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

Global Markets, US Futures Barely Move With All Eyes On The Fed

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

Data Sheet—SoftBank on Investing in WeWork, Flipkart, Slack

NEWSWORTHY Privacy fail, Part I. After Congress in March repealed an Obama-era law restricting the sale of people’s web browsing history and other personal info, privacy advocates hoped that some major states might enact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 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