Forex News

Following Trump's executive order, Chairman Powell has vowed not to launch a digital dollar. Federal Reserve Chair Jerome Powell has made it clear that the United States will not introduce a Central Bank Digital Currency (CBDC) during his tenure. This stance marks a notable shift from earlier considerations where the Federal Reserve had been exploring the potential of a … [Read more...] about Fed Chair Jerome Powell Says No To US CBDC

Authorities have charged six men in connection with the October 2024 kidnapping of four people from a Chicago townhouse, forcing them to transfer approximately $15 million in crypto. According to a report from the Chicago Tribune on Wednesday, the victims, including three family members and a nanny, were held captive for five days before being released near a dry cleaning … [Read more...] about Six Men Charged in $15M Crypto Kidnapping Case | China Crypto crime | CryptoRank.io

NEW YORK, New York - U.S. stocks rebounded Thursday as Producer Prices data offset the stronger CPI fiugure of a day earlier, leading investors to take the view inflation is in fact under cointrol. Bond prices rose sharply as yields dived. "Equity investors are taking cues from the bond market," Jack Ablin, chief investment officer at Cresset Capital told Reuters news agency … [Read more...] about U.S. stocks jumpy sharply on positive PPI data

Visa issues hindering traders' participation in the United Arab Emirates (UAE) exhibition have been resolved due to proactive measures by the Trade Development Authority of Pakistan (TDAP), according to a press statement released on Friday. Faiz Ahmed, Chief Executive of TDAP, shared the update while speaking at a meeting at the Lahore Chamber of Commerce and Industry (LCCI). … [Read more...] about Visa issues for UAE fair resolved

Argentina's libertarian president, Javier Milei, has caused a political firestorm by promoting an unknown cryptocurrency token that shot up in value after his endorsement and then swiftly cratered. In a post on social media on Friday night, Mr. Milei said that the coin, called $LIBRA, would stimulate the economy and help small businesses grow. While the sudden attention gave … [Read more...] about Argentine Leader Draws Fire After Cratering of Crypto Coin He Promoted