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Crypto giant Binance reportedly processed almost $346 million in Bitcoin BTC/USD for the Bitzlato digital currency exchange, thefounder of whichwas arrested by U.S. authorities last week for allegedly running a "money laundering engine," according to blockchain data, Reuters reported. What Happened: The Department of Justice announced on Jan. 18it had charged Bitzlatos co-founder and majority
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With persistent inflation and the aggressive interest rate hikes from the Federal Reserve, the stock market in 2022 experienced its most volatile year since 2009. The S&P 500 has been on a shaky decline since January 2022, and despite a few short-lived rebounds, it was down 19.4% at the end of 2022. Intraday volatility the
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Green Check Verified (GCV),a fintech provider of compliant cannabis banking solutions and services haslaunched Green Check Connect or GCC a new marketplace enabling marijuana-related businesses to find reliable financial service providers. The idea behind this marketplace is to help cannabis companies with one of their biggest struggles financial, as it connects them with providers that
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WASHINGTON The United States government is combing over a variety of intelligence debris, reconnaissance plane photos and old observations to learn what the Chinese spy balloon was after as it made its way across the US in early February before being shot down by a Sidewinder missile fired by a stealth fighter jet last weekend.
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Current, the Andreessen Horowitz-backed disruptor looking to fix the way people bank, announced the addition of Siva Gowrishankar as the firms new Chief Risk Officer. Gowrishankar joins after spending about two decades driving success at a variety of financial services firms. Previously, Gowrishankar was Head of Credit Strategy and Optimization at Fifth Third Bancorp FITB
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In this article ROG Follow your favorite stocksCREATE FREE ACCOUNT Christopher Hopefitch | Digitalvision | Getty Images Company: Rogers (ROG) Business: Rogers designs, develops, manufactures and sells engineered materials and components. It operates through Advanced Electronics Solutions (AES), Elastomeric Material Solutions (EMS) and Other segments. In November 2021, the company entered into a definitive merger
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Municipals were weaker Friday ahead of next week’s heavier new-issue calendar. U.S. Treasury yields rose and equities were mixed. Triple-A benchmark yields were cut up to five basis points, depending on the scale, while U.S. Treasury yields rose three to eight basis points, pushing the two-year UST above 4.50%. The three-year muni-UST ratio was at
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The Florida Legislature concluded its special session on Friday and passed new laws that renamed the Reedy Creek Improvement District and put its control in the hands of Gov. Ron DeSantis. The Legislature approved a bill in April to dissolve all independent special districts created before 1968. The bill’s authors and DeSantis made it clear it was intended to punish the
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Michigan is considering a large, first-time road tolling program that would establish a public tolling agency and new borrowing credit to shore up a long-struggling road funding system. The toll program, which would begin with nearly 600 of mostly interstate miles, would also be somewhat unusual in that it would build on existing roads. Most
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