Speaking to an international banking forum, First Deputy Governor of the Bank of Russia Sergey Shvetsov noted that countries around the world are discussing cryptocurrencies and their impact on the economy. However, in Moscow, there are fears it could lead citizens into financial ruin. “There is a strong possibility that, …
Read More »California lawmakers pass bill calling for guaranteed-income payments with no strings attached, 1st such state-funded plan in US
The state House and Senate passed the legislation unanimously on Tuesday. It would provide funding for monthly payments of between $500 and $1,000 to pregnant women and young adults who formerly lived in foster homes. The bill will become law, earmarking $35 million for the program in its first year, …
Read More »FBI investigating alleged illegal payments to Sen. Susan Collins’ reelection campaign from Hawaii defense contractor
An unsealed search warrant application obtained by Axios on Tuesday revealed the ongoing FBI probe, with federal agents saying that Martin Kao, the former CEO of defense contractor Martin Defense Group, arranged a series of illegal payments to Collins’ super PAC in 2020, even enlisting family members in the scheme. …
Read More »Turkey bans use of cryptocurrencies for payments, citing possible ‘irreparable’ damages
The regulator said in a statement published in the Official Gazette that cryptocurrencies and other such digital assets based on distributed ledger technology could not be used, either directly or indirectly, as an instrument of payment. “Payment service providers will not be able to develop business models in a way …
Read More »Crypto going mainstream: Mastercard to allow payments in cryptocurrencies
Announcing the move on its blog post on Wednesday, the company stressed that not all the existing cryptocurrencies will be supported on its network. While it did not specify which it is going to support, Mastercard noted that not all digital assets meet the required criteria. “We expect consumers and …
Read More »Crypto going mainstream: Mastercard to allow payments in cryptocurrencies
Announcing the move on its blog post on Wednesday, the company stressed that not all the existing cryptocurrencies will be supported on its network. While it did not specify which it is going to support, Mastercard noted that not all digital assets meet the required criteria. “We expect consumers and …
Read More »Taliban bounties 3: The China menace. Claim of payments for attacks on US troops in Afghanistan now stars Beijing
Secret intelligence indicates that “non-state actors” in Afghanistan were paid to carry out attacks against US troops, according to sources. President Trump was briefed on the intelligence. The bounties were presumably offered at a sensitive time when the US and the Taliban were engaged in talks on a peace deal. …
Read More »Japan’s ex-PM Shinzo Abe apologizes for illegal payments scandal after prosecutors say not enough evidence to indict him
The apology came after the Tokyo District Public Prosecutors Office indicted Abe’s longtime aide for not disclosing fees and payments for dinner receptions held for the ex-prime minister’s supporters between 2016 and 2019. Under Japanese law, politicians are prohibited from giving gifts to constituents. Speaking before a parliamentary committee on …
Read More »What to do with $600 payments? CNBC asks financial advisers, gets dragged for tone-deaf & clueless tips
The outlet asked financial advisers, landlords, and other well-heeled professionals how ordinary Americans should use the $600 stimulus payments Congress agreed on Sunday that will go out to all Americans making less than $70,000 per year and the $300 weekly unemployment boost. Their answers, delivered in a Tuesday article, were …
Read More »FIU will send Russians a new “Putin” payments morning of July 1 — last day of votes
“No need to explain what event we have in the country will happen on this day” FIU will send Russians a new “Putin” payments on the morning of 1 July, the last day of voting on amendments New “Putin” payment of 10 thousand rubles to families with children up to …
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