US Treasury Secretary Janet Yellen explained that investing in cryptocurrencies is a “very risky option” to include in the retirement plans of average American savers, and it would be reasonable for Congress to face the danger.
“It is not something that I would recommend to most people who are…
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US Senate considers regulating cryptocurrencies as commodities
The US Senate is studying the bipartisan bill called the Responsible Financial Innovation Act, which would give cryptocurrencies the status of commodities, such as oil or coffee, and would be under the supervision of the Commodities Futures…
World Bank forecasts low economy growth
The World Bank recently said that the growth of the global economy was somewhat lower than previously expected.
According to the financial institution, a "prolonged period of low growth and high inflation" is likely to occur, mainly in…
Apple blocked 1.6 million fraudulent apps
The App Store of the technology company Apple discovered, during 2021, more than 1.6 million fraudulent or unreliable applications and prevented scams in the order of 1,500 million dollars.
The technology company recently presented its…
The Summit of the Americas begins under certain controversies
This week will begin the IX Summit of the Americas, which this time will be held in the city of Los Angeles, California. However, the diplomatic meeting will take place without the presence of countries such as Cuba, Nicaragua and…
Japan passes stablecoins bill
The Parliament of Japan passed a law that aims to clarify the legal status of stablecoins, now naming them as digital money.
This proposal plans to go beyond any measure previously established in any country in the world, in terms of…
The US will analyze the environmental impact of crypto mining
The United States government announced that it plans to implement its first specific policy aimed at crypto mining, for which it will take into account the analysis of factors such as the environmental impact and energy regulation of the…
Shanghai lifts coronavirus restrictions
The Chinese city of Shanghai eased anticovid restrictions after two months of home confinement. As of midnight on Wednesday, most citizens of the economic center of the city can move freely, shopping malls open again and public transport…
Dismantled illegal cryptocurrency farm in Spain
The National Police of Almería (Spain) arrested two citizens and dismantled a cryptocurrency farm that was operating inside an “industrial warehouse in the Almería industrial estate.
According to the information provided in a press…
Bitcoin will be boosted by the power of women
Billionaire Tim Draper recently expressed that the price of the Bitcoin cryptocurrency will be positively boosted by the influence of women.
Specifically, the famous investor in digital assets assured that "the retail purchasing power of…
Inflation could increase investments in cryptocurrencies
The president of the European Securities and Markets Authority, Verana Ross, expressed that the current economic environment together with financial fluctuation and high levels of inflation could facilitate and attract investors to the…
UK announces tax for the energy sector
The UK government announced that it will apply a package of approximately 19,000 million dollars in order to help households meet the costs of living.
Under the effect of the economic reactivation after the confinements and the spike in…