Binance withdraws Greece-filed MiCA application north Binance said it plans to seek authorization in another EU jurisdiction just days ahead of the July 1 MiCA deadline, as unlicensed crypto firms are expected to wind down activities in the bloc.
Dollar Extends Gains Without Support of Higher Rates north The US dollar’s rally is extending today, but the market remains cautious about intervention by Japanese officials. The Dollar Index has not fallen since last Tuesday. It has risen by a little more than 2% since the Fed delivered its hawkish hold last week. Yet, for the second consecutive [...]
Gnosis Pay Now Supports Celo, Bringing Global Card Infrastructure to the Leading Stablecoin… north Gnosis Pay Now Supports Celo, Bringing Global Card Infrastructure to the Leading Stablecoin Payments NetworkGnosis Pay now supports Celo, bringing institutional-grade card infrastructure to the blockchain where stablecoin payments already happen at global scale. To date, Celo has facilitated [...]
Stocks Slide, Tech Hit, Greenback Trades Higher but Market Turns more Cautious on Yen north The markets have weathered the US tariffs and war in the Middle East. A new disruption has emerged—unwinding tech investment--. The S&P and Nasdaq are poised gap lower and the South Korea’s Kospi dropped 10% today (and is still up nearly 95% for the year). The risk-off has pushed yields lower [...]
The EF’s new structure north Today, the EF is changing shape, concluding a months-long process of reorganization as part of the implementation of the Mandate and the Treasury Management Policy. We come out of this process with the structure, activities, and people necessary for execution on the critical tasks ahead of us, [...]
Sterling Proves Resilient as Starmer says Good Bye north Conflicting news from the Middle East initially lifted oil prices and weighed om risk-taking appetites, but US-Iran negotiations continue and both sides report progress. Oil prices have come back off. The dollar is mostly firmer but so far has held above last week’s lows against the euro and [...]
Dash eyes Philippines as market for crypto payments north Dash is assessing the Philippines for a crypto payments push as regulators promote easier business registration, though industry participants say compliant market entry can still take years.
Video: Last Week's Echo to Reverberate north Here is a few minute video where I try to sketch out the significant developments last week, including the Fed's hawkish hold, BOJ rate hike, and the by-election in the UK, whose effects may not have run their course yet. That said, the Fed's hawkish hold will likely to persist, and the El [...]