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Tag: backstop

Robert Kennedy Jr. Calls BTC the Money of Liberty | Live Bitcoin News

Robert F. Kennedy Jr. – a presidential hopeful and known bitcoin fan – has serious qualms with how the Freedom Convoy was treated last...

Coutts Bank’s Nigel Farage saga is a reminder that access to digital payments is a privilege

Should access to digital payments be a right, rather than a privilege? This question has come into sharp focus in recent weeks in the UK...

Bitcoin, Ether stable after last week’s nosedive; XRP leads crypto gains; U.S. stock futures mixed

Bitcoin edged up on Monday morning in Asia to trade slightly above the US$26,000 support level, after sliding over 10% for the week. Ether...

U.S. Senate Bill Calls for Strict KYC and AML Regulations for DeFi

If nobody controls a DeFi service, anyone who invests more than $25 million in developing the project will be responsible for these obligations,...

Bullish US stocks and bearish JPY at risk of pain trade in H2 – MarketPulse

Significant up move in G-20 2-year sovereign bond yields except for Japan & China. US 2-year Treasury yield may eye the next immediate resistance...

Crypto Attack of the Titans

While crypto smoulders, some of the world’s biggest asset managers make their move.You have to hand it to the bear market: it has a...

Switzerland Gives $10B Loss Guarantee to UBS for Credit Suisse Takeover

The Swiss government has sealed a deal with UBS to cover up to CHF 9 billion ($10 billion) in losses that might be incurred by the...

Aave (AAVE) Review: Is This DeFi Protocol the Future of Finance?

Decentralized finance (DeFi) promises a future with greater financial inclusivity, total transparency, and accessibility for users. Aave, a DeFi protocol built on the Ethereum...

Switzerland Hastens Bank Liquidity Project after Credit Suisse Fiasco

The Swiss Federal Council on Thursday started consultation on its planned public liquidity backstop (PLB) for systemically important banks (SIBs), shortening the industry engagement period to June...

Credit Default Swaps on US Debt Spike Beyond 2008 Levels

The cost to secure against a government default on the $31.4 trillion debt has spiked 10x in the past six months. March in particular...

Is a Government Backstop the Only Solution?

Over the past two months, a number of banks and financial institutions have collapsed worldwide – SVB, Signature, and Credit Suisse, to name a...

Calling BS On Banks Privatize Profits And Socialize Losses (Ketharaman Swaminathan)

I first heard the meme "Banks privatize profits and socialize losses" soon after some banks were bailed out during the Great Financial Crisis of...

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