Tag Archives: Economics

23Mar/19

The Fed’s Low Interest Rates and QE Have Created a Dependent Generation

On March 20, the Federal Reserve’s Open Market Committee (FOMC) unanimously decided to keep federal interest rates unchanged. Critics believe that the central bank’s policy of near-zero interest rates and quantitative easingRead More…

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14Mar/19

US Sanctions Moscow’s Evrofinance Bank Over Involvement With Petro

The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has imposed sanctions on Moscow-based Evrofinance Mosnarbank. The Russian bank was allegedly involved in Venezuela’s attempts to bypass financial sanctionsRead More…

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13Mar/19

Survey: 70% of Cryptocurrency Owners Rarely Use Crypto for Payments

A recent survey has found that the majority of cryptocurrency owners rarely use it for making payments. One somewhat unexpected reason postulated for this is that some people are still nervous aboutRead More…

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13Mar/19

The Long Relationship Between In-Game Gold and Bitcoin Continues to Thrive

Most people understand that cryptocurrencies like BTC can be traded for dollars, euros, yen, and a wide variety of nation-state issued currencies. However, they may not realize that virtual items like in-gameRead More…

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07Mar/19

UK Regulator: 3% of Consumers Surveyed Have Bought Cryptocurrency

The U.K.’s Financial Conduct Authority (FCA) published two reports on consumer attitudes and awareness to crypto assets in the country. The research includes qualitative interviews and a national survey of 2,132 BritishRead More…

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04Mar/19

Nordea Bank Faces Allegations of Laundering Russian Millions

Finnish public broadcaster YLE will air a damning program on March 4 that reveals Nordea Bank’s alleged involvement in a multi-million-dollar money laundering scheme. The program will show how dirty money, mostlyRead More…

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