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Day: June 7, 2022

Digital Real Will Be Used by Banks in Brazil as Collateral to Issue Their Own Stablecoins
News

Digital Real Will Be Used by Banks in Brazil as Collateral to Issue Their Own Stablecoins

June 7, 20224 min read

The Brazilian central bank digital currency (CBDC), the digital real, will be more of a wholesale asset instead of a public retail-focused token, according to

Avoid IBM because a strong dollar hurts earnings, says Summit’s David Harden
Videos

Avoid IBM because a strong dollar hurts earnings, says Summit’s David Harden

June 7, 20221 min read

David Harden, Summit Global Investments CEO, joins 'The Exchange' to discuss the strength of the dollar's impact on stocks and the market.

Director of Listed Chinese Company Embezzles $8 Million, Uses Funds to Purchase Bitcoin Mining Rigs
News

Director of Listed Chinese Company Embezzles $8 Million, Uses Funds to Purchase Bitcoin Mining Rigs

June 7, 20223 min read

A Chinese prosecutor is reported to have given a thumbs up to the arrest of a listed big data company director accused of embezzling $8

Lawsuit Claims US Labor Department’s Crypto Guidance Is Unlawful
News

Lawsuit Claims US Labor Department’s Crypto Guidance Is Unlawful

June 7, 20223 min read

The U.S. Department of Labor has been sued by a 401(k) plan administrator over its cryptocurrency guidance. “This lawsuit seeks to preserve the rights of

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