Plus, updates on Silvergate and exchange spot trading volumes
Sacked ‘whistleblowers’ launch California court action against Europe’s biggest bitcoin-miner-turned-AI-datacentre-builder
Calm in Britain’s financial markets following Labour victory contrasts with turmoil elsewhere in Europe
California-based bank had grown as it drew in crypto customers but later failed after billions were withdrawn
How a Biden or Trump second term as president could affect the currency
Alleged drug traffickers fed $36,000 into cash machines, indictment claims
Three years after saying bitcoin seems like a scam, Donald Trump appears newly enamoured
Plus, updates on a Solana ETF and Jump Crypto
Traders on alert for further currency intervention as market impact of April’s $62bn effort proves shortlived
Eastward expansion of 20-country currency bloc suffers setback
Presidential election comes as Iranians face cost of living crisis — even much-derided cheap car is unaffordable for many
Stocks and currency have fallen amid concerns over ‘unsustainable’ model for eliminating budget deficit
Unexpectedly strong dollar and misfiring ‘carry trades’ fuel 4.4% loss
Efforts by president-elect Claudia Sheinbaum to steady markets enjoy limited success
Plus, the dark side of tokenisation and two arrests
Chair Thomas Jordan signals SNB is ready to intervene in currency markets to stem gains in the franc
Lenders robbed at gunpoint lose $120mn as Palestinians queue for days to rescue their own cash
The financial industry needs to think of resilience as much as efficiency when putting real-world assets on to blockchains
Advanced economies’ central banks expect the metal’s share of global reserves to rise at the expense of the dollar
Buying the discount chain was meant to boost performance over rivals but instead it has become a profit drag
China’s reliance on exports is set to fan the flames of protectionism elsewhere
Cryptocurrency exchange appoints local delegate to face charges of unpaid duty
Plus, updates on TerraForm Labs and ether ETFs
Washington’s latest curbs force transactions in dollars or euros off central exchange
Global demand for the US currency remains extremely robust while appetite for the renminbi has soured
International Edition
