NTD’s Lee Hall sits down with Susie Violet Ward, a journalist, author and financial analyst. Susie raises alarm bells about a new centrally-controlled digital currency that the British government aims to introduce – to replace money. Similar plans are being considered by the Federal Reserve and central banks all over the world. This central bank…
PREMIERING July 4, 3 PM ET (8 PM UK): Susie Violet Ward: ‘This Isn’t a Dystopian Nightmare That Couldn’t Come True. It’s Already Happening in Other Countries’ | British Thought Leaders
Several US Agencies Set Up New Crypto Task Force in Arizona to Combat Illegal Online Activity
Federal agencies have joined forces to combat crimes involving cryptocurrencies in Arizona after seeing an increase in digital transactions related to narcotics, firearms, and other illicit activity. On June 15, Homeland Security Investigations in Arizona and representatives from four other federal agencies signed a memorandum of understanding to establish the “Darknet Marketplace and Digital Currency…
Go Bankless With a Cash-Only Lifestyle
Even though most Americans regularly use credit cards, many still operate on a cash-only basis. After recent bank collapses, more Americans have taken their money out of the banking system and are looking to go bankless. According to the Federal Reserve, in 2020, about 81 percent of Americans were “fully-banked.” It means that they did…
Lawmakers Clash Over Regulation of Stablecoins
House lawmakers took part in a contentious debate over how stablecoins should be regulated at a hearing held by the Financial Services Committee’s digital assets panel—where there were also some hopeful signs from both sides. At the heart of the debate on May 16 was the level of involvement of state regulators and the Federal…
The IRS Is Tracking Down Crypto Tax Evaders
Until recently, many people thought that purchases and money transfers made with cryptocurrency were safe and secret. The convenience and anonymity led many people—including criminals—to use it for shady and illegal deals—such as profiting from illegal porn and drug transactions. Others thought they could profit and never have to report it to the Internal Revenue…
Twitter Taps EToro to Let Users Trade in Stocks, Crypto
Trading and investing platform eToro said on Thursday it has partnered with Elon Musk-led Twitter to let users access real-time prices of cryptocurrencies, stocks, and other assets, and to enable the trading of those instruments. The trading data will be available through Twitter’s Cashtags feature, which was launched in 2012 and allows users to interact…
Former Deutsche Bank Investment Banker Charged in US With Crypto Fraud
NEW YORK—A former Deutsche Bank AG investment banker has been charged in an indictment unsealed on Tuesday with misappropriating funds from investors who he wooed with promises of big returns from cryptocurrency trading. Rashawn Russell, 27, of Brooklyn, solicited investments from friends and colleagues but used the funds for gambling and other personal expenses, federal…
House Bill to Strip China’s ‘Developing Nation’ Status
The U.S. House of Representatives passed a bill to revoke China’s “developing nation” status, voting that the world’s second-largest economy should not get those benefits. In the spotlight are the billions China has spent bailing out developing countries. The vast majority of them fall under Beijing’s global infrastructure Belt and Road Initiative. A new report sheds…
How to Shelter in the Financial Storm
Commentary The banking crisis, which became visible to most Americans only with the sudden and unexpected collapse of Silicon Valley Bank (SVB) two weeks ago, has not abated. There are reasons to believe it will become worse. So, what should one do to get out of harm’s way? Is it possible to find shelter in…
SEC Fines Jake Paul, Lindsay Lohan, Other Celebrities for ‘Illegally Touting’ Crypto
The Securities and Exchange Commission (SEC) on Wednesday announced charges against entrepreneur Justin Sun and eight celebrities, including actress Lindsay Lohan, boxer and social media star Jake Paul, and rapper Akon, for allegedly “illegally touting” crypto asset securities Tronix (TRX) and BitTorrent (BTT). Sun and his companies, Tron Foundation Limited, BitTorrent Foundation Ltd., and Rainberry Inc.,…
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