US stocks did not stand a chance today as risk aversion violently returned on growing fears of a Russian invasion of Ukraine and after an impressive earnings report from Walmart suggested the consumer is strong and paves the way for potential aggressive Fed tightening. The risks for a military conflict at the Ukraine border appear […]
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On Dec. 14, 2021, the Senate Banking Committee on Banking, House & Urban Affairs convened a hearing to discuss the advantages and disadvantages of stablecoins. Stablecoins maybe privately issued cryptocurrency or algorithmic or “non-collateralized/decentralized” stablecoins such as DAI, an algorithmic stablecoin…
The U.S. Financial Industry Regulatory Authority (FINRA) has imposed a penalty totaling to 70 million USD against the popular stocks and crypto trading app Robinhood. The sanctions against Robinhood represent the largest financial penalty ever ordered by FINRA and reflect the scope and seriousness of the violations. (2/7) — FINRA (@FINRA) June 30, 2021 Robinhood […]