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The state of Kuwait is the latest jurisdiction to ban virtually all operations involving cryptocurrencies like Bitcoin (BTC). On July 18, Kuwait’s main financial regulator, the Capital Markets Authority (CMA), issued a circular on supervision and issuance of virtual assets in the country. In the circular, the CMA confirmed the commitment to “absolute prohibition” on
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Data standardization across the municipal market will likely take years and much discussion to pinpoint the issues and how the market can solve them. Some of the apparent problems were discussed at the Brookings Municipal Finance Conference where Marc Joffe, federalism and state policy analyst at the Cato Institute, presented his paper outlining them. “If
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Allan Maman got his business career started early, creating Fidget360 while he was still in high school. Maman credits, at least partially, Fidget360 for starting the fidget spinnerfad of 2017-2018. Since then, Maman has packed his resume with impressive roles, includingRobinhood Markets Inc HOOD and presidential candidates Andrew Yang and Michael Bloomberg. Now, Maman helps
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Lithuanias prominent institutional actors in fintech including the Ministry of Finance, the Bank of Lithuania, Go Vilnius, ROCKIT, and Fintech Hub LT signed a Memorandum of Understanding, solidifying guidelines to enhance conditions for business in the sector and fostering the development of transparent regulatory frameworks through 2028. Context: Lithuania holds the title of the largest
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Typically, luxury homes in Whitefish, Montana, are designed to fit into the spectacularly rugged landscape. Dominant styles are traditional mountain and glass-filled mountain modern, which rely on using natural materials with wood and stone accents. But there are exceptions. The contemporary lakefront home takes its cues from coastal Carolina cottages thousands of miles … [+]
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Democratic presidential candidate Robert F. Kennedy Jr. has promised to progressively back the United States dollar with Bitcoin (BTC) if he is elected president.  Speaking at a July 19 Heal-the-Divide PAC event, Kennedy claimed that backing the U.S. dollar with what he called “hard currency,” including gold, silver, platinum or Bitcoin, could help to re-stabilize
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In this article WAL JBHT OMC IBKR Follow your favorite stocksCREATE FREE ACCOUNT Western Alliance Bank’s logo is seen on a smartphone. Sopa Images | Lightrocket | Getty Images Check out the companies making headlines after hours. Interactive Brokers — Interactive Brokers slid 2.6% after the brokerage firm’s second-quarter earnings missed estimates. The firm reported
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Vladimir Putin ordered the seizure of Danone and Carlsberg’s Russian operations after businessmen close to the Kremlin expressed an interest in the assets, according to people close to the decision. On Tuesday the government appointed Yakub Zakriev, Chechnya’s agriculture minister, as head of the Danone business and installed Teimuraz Bolloev, a longtime friend of Putin,
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Municipals continued to improve Tuesday in constructive secondary trading while a retail pricing of $950 million for the New York City Transitional Finance Authority took focus in the primary. U.S. Treasuries were slightly firmer out long and equities rallied. Triple-A yields fell up to four basis points, depending on the curve, while U.S. Treasuries were
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