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Tariff revenue won't compensate for the fiscal costs of TCJA extensions. Added tariff revenues will be below 1% of GDP – most likely 0.5-0.9% of GDP. Unfunded tax cuts could put further upward ...
A growing number of cryptocurrency companies are preparing to enter the U.S. banking system, propelled by a policy shift under President Donald Trump aimed at integrating digital assets into ...
The bank had been under investigation for years and had already paid fines to the US government. In 2019, the bank paid $1.1 billion after admitting that it had violated sanctions against Iran.
Deutsche Bank and Standard Chartered are accelerating plans to expand their U.S. crypto operations, seizing on favorable ...
Standard Chartered Bank estimates the size of the stablecoin market could surge by about 10-fold to $2 trillion within the next three years after the expected passage of US legislation that seeks to ...
The passage of the Genius Act in the U.S., expected in coming months, will further legitimize the stablecoin industry, the ...
Standard Chartered has ... accuse the FTSE 100 bank of issuing misleading statements and omitting crucial information, particularly about its compliance with US sanctions on Iran.
Stablecoins are set for massive growth, with new US legislation fueling their rise while concerns over euro sovereignty mount in Europe.