Tag: Finance & Economy
Bank Secrecy Act (BSA): Definition, Purpose, and Effects
What Is the Bank Secrecy Act (BSA)? Also known as the Currency and Foreign Transactions Reporting Act, the Bank Secrecy Act (BSA) is U.S. legislation created in[more...]
BRICS: Prepare for US Dollar Collapse
According to a Russian IMF representative, BRICS is ready to offer an alternative to the US Dollar amid the currency’s collapse, and the bloc must prepare for[more...]
US Marshals Partner With Coinbase For Crypto Management As Part Of A $32.5 Million Contract
The U.S. Marshals Service, which is a part of the Department of Justice, said it chose Coinbase Prime to provide custody and “advanced trading services”[more...]
Iran Central Bank To Launch Digital Currency
The Central Bank of Iran (CBI) says it is planning to introduce a digital currency (CBDC) to facilitate purchases for the clients of the banking[more...]
Breaking the Bank: Sen. Lee Introduces Bill to Abolish the Federal Reserve
WASHINGTON – Senator Mike Lee (R-UT) introduced the Federal Reserve Board Abolition Act, legislation that would dissolve the Board of Governors of the Federal Reserve System and the[more...]
FDIC Says 63 Banks Faces Collapse
FDIC reports $517 billion in losses for banks, with 63 banks faces collapse. Is Bitcoin price on bring of massive rise due to bank crisis?[more...]
Google Cloud Accidentally Deletes $125 Billion Australian Pension Fund
Over half a million UniSuper members failed to access their accounts after Google Cloud accidentally deleted the private cloud account of the Australian pension fund[more...]
The Coca-Cola Company and Microsoft Announce Five-Year Strategic Partnership
ATLANTA and REDMOND, Wash. — April 23, 2024 — Microsoft Corp. and The Coca-Cola Company on Tuesday announced a five-year strategic partnership to align Coca-Cola’s core technology strategy[more...]
Melinda Gates is resigning from the Bill Gates Foundation
Melinda French Gates said Monday she would resign as co-chair of the Bill & Melinda Gates Foundation that she has helped lead since 2000. The[more...]
Russia And China Completely Ditch US Dollar for Trade
In what is certainly an important moment for the BRICS alliance, Russia and China have completely ditched the US Dollar for trade. Indeed, Russia’s Foreign[more...]
