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Stablecoins Could Become A Deposit Magnet For US Banks, White House Official Says

A top White House official is pushing back against warnings that stablecoins will drain money from American banks — arguing the opposite is true. Related Reading: Crypto Thieves Pivot To Phishing As Protocol Hacks Decline In February Foreign Money, Domestic Gains Patrick Witt, executive director of the White House Council of Advisors for Digital Assets, posted on X this week that when foreigners convert local currencies into dollar-backed stablecoins issued by US companies, that capital flows into the American banking system, not away from it. дальше »

2026-3-13 01:00


DOGE Japan Edition Launches to Reform Tax Breaks and Subsidies

Japan’s government held a ministerial meeting to advance a domestic Department of Government Efficiency (DOGE) initiative. The goal is to reform special tax measures and subsidies. Finance Minister Katayama underlined the urgent need for objective metrics to review tax expenditures, especially as Japan faces a projected annual revenue shortfall of 1. дальше »

2025-12-2 08:49


Europe markets open: Stocks to rise, FTSE up 0.3%, despite a flatlining UK economy

A curious and perhaps fragile sense of optimism is gracing European markets at the open on Friday, with stocks poised to climb despite a fresh and worrying sign that the UK economy has stalled. This strange divergence highlights a market that is looking past immediate domestic weakness and is instead singularly focused on the promise […] дальше »

2025-9-12 11:02


Indonesia raises crypto taxes for foreign exchanges as domestic use surges 39%

Indonesia has introduced sweeping changes to its crypto tax structure, targeting overseas exchanges and crypto miners with increased rates while easing the burden on buyers. The new financial regulation, enforced by the Ministry of Finance, will come into effect on 1 August, as per a Reuters report. It introduces a higher tax rate of 1% […] дальше »

2025-7-30 13:09


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French state bank Bpifrance enters crypto with €25 million digital asset fund

France’s state-owned investment bank Bpifrance has announced a €25 million ($27 million) investment plan into digital assets, with the goal of strengthening the domestic blockchain ecosystem. The initiative marks a significant shift in the bank’s strategy, enabling it to support promising blockchain ventures through direct investments in cryptocurrencies and tokens, rather than just funding startups […] дальше »

2025-3-29 17:25