Fed Bank President: Banking Crisis Tips US Economy Toward Recession
The president of the Federal Reserve Bank of Minneapolis, Neel Kashkari, says the current banking crisis has pushed the U.S. economy closer to a recession. “We have fundamental issues, regulatory…
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Cryptocurrency company BlockFi files for bankruptcy weeks after FTX collapse
Cryptocurrency firm BlockFi has filed for Chapter 11 bankruptcy protection following the collapse of FTX. BlockFi listed FTX as its second largest creditor, but expects any recoveries to be delayed….
Read More »US Treasury Launching Cryptocurrency Awareness Program
The U.S. Department of the Treasury is launching a cryptocurrency awareness program. “We’re just trying to raise awareness without trying to stamp out new technology and new innovation,” said an…
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