China and Brazil to Settle Trade in Their Own Currencies
Is the US dollar losing it’s privileged status as the world’s reserve currency? Barron’s reported that both China…
UBS to acquire Credit Suisse bank for $2 billion
It’s been a turbulent last few weeks for the banking industry, including Credit Suisse. Many banks solvencies are…
KuCoin Exchange Sued by NYAG, Claims Ethereum is a Security
Operation ChokePoint 2.0 continues, as yet another exchange is having legal issues. News from a recent press release…
Silvergate Capital To Shut Down Operations, Liquidate Bank
The year 2023 hasn’t been the best one for Silvergate Capital. Reeling on the FTX scandal of 2022,…