Central Bank of Turkey Raises Interest Rates to 30% in Ongoing Fight Against Inflation
The Central Bank of the Republic of Turkey (CBRT) has made a significant announcement regarding its interest rate decision for the month of September. The CBRT's Monetary Policy Committee has taken the bold step of raising interest rates to 30%, marking a substantial increase of 500 basis points com ...
American Senators Propose Cryptocurrency Accountability Bill for Bitcoin Adoption in El Salvador
American senators have advanced a cryptocurrency accountability bill in El Salvador (ACES), implying oversight of BTC acceptance in the Latin American country and risk analysis for the United States. On May 11, Senators Jim Risch of Idaho and Bob Menendez of New Jersey in ...
Secret Memorandum Recommends Democratic Recognition of Crypto-Assets as Securities
Media obtained a secret memorandum recommending that Democratic members of the Financial Services Committee vote to recognize all crypto-assets as securities. The memo outlines key messages Democratic lawmakers should adhere to during a joint bipartisan hearing in the House ...