Brent crude falls to near March lows.
Markets will find out tonight about the Fed's rate decision. The regulator is expected to tighten financial conditions again despite severe problems in the banking sector. Investors are laying down demand.
Walter Grand
Statistically, a deal with Microsoft and Activision has only a 33% chance of success
Earlier, the UK regulator CMA blocked the takeover of the games maker due to monopoly threats. Facts are emerging in the media that are shattering the belief that the decision will be reviewed. The Verge reports that Nicole Kar of law firm Linklaters wrote back in 2020 that the CMA
SEC fines Coinme and their partners $4 million
The US Securities and Exchange Commission (SEC) has fined Coinme, Up Global and businessman Neil Bergquist a total of nearly $4 million. The defendants accepted the fine without admitting or denying wrongdoing. The regulator issued the fine for the UpToken ICO, which took place back in 2017. In a statement,
Semiconductor manufacturing
Germany is negotiating with the EU and the US to restrict exports to China of chemicals that are used to make semiconductors.
The cryptocurrency segment in the US is dead - Chamath Palihapitiya
Last week, investor, billionaire and cryptocurrency advocate Chamath Palihapitiya, in an All-In podcast said that cryptocurrency is dead in the US as an industry "Gensler (SEC chairman) even said as if it was cryptocurrency that caused the banking crisis. The federal government has turned its back on the sector. Cryptocurrency
Cosmose AI and Near will collaborate to create a payment system
Cosmose AI, which uses AI to track shop traffic, has announced a partnership with blockchain company Near. The parties plan to create a payment system that will allow users to make purchases using cryptocurrency. As part of the partnership, Near Foundation has also made a strategic investment in Cosmose. The
Zimbabwe to issue CBDC backed by gold
The Central Bank of Zimbabwe intends to put into circulation CBDC backed by gold. In this way the regulator hopes to stabilise the economic situation, strengthen the national currency and slow down inflation.
Ukraine plans to adopt new EU cryptocurrency rules
Ukrainian authorities are following the European Parliament's lead in announcing plans to adopt MiCA rules on crypto-assets. "The legislative rules will be fully operational in 2024. We are already working with colleagues from the NCCSD and other regulators to implement part of the MiCA provisions so that crypto-assets are legal
Unbanked to suspend support for Litecoin Visa cards
The Litecoin Foundation has warned users to suspend support for cards issued jointly with Visa and Unbanked. The reason is that Metropolitan Commercial Bank, which provided the payment gateway, is distancing itself from the cryptocurrency business.
FTX relaunch plan has attracted interest from Tribe Capital
The plan for bankrupt crypto-exchange FTX to relaunch has received interest from venture capital firm Tribe Capital. Tribe is considering a $250m fundraising campaign for FTX, in which the company plans to invest $100m of its own money.