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08.04.26 - 11:54
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White House Economists Says Stablecoin Rewards Won′t Harm Banks (Bloomberg)
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Banning crypto firms from offering customers yield on stablecoins would not have a meaningful effect on community banks, White House economists said in a report on Wednesday — marking the latest development in a fierce conflict between the two industries that has stalled legislation in Congress....
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07.04.26 - 23:30
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Want to know capitalism′s endgame? Just look at private equity – it has captured our everyday lives | Hettie O′Brien (The Guardian)
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These companies now own everything from nurseries to care homes, squeezing vital services for profit while we foot the billIt was the free croissants that gave it away. And the Scandinavian-style furniture. And the tasteful pastel walls. It was different from other nurseries I'd viewed: marginally more expensive, the aesthetic equivalent of a WeWork for toddlers. I was eight months pregnant, on a tour of various nurseries in south-east London for my daughter. At the time, I didn't realise that this wasn't just a nursery, but a prototype for an immense experiment that is quietly playing out across Britain.The nursery I visited is backed by private equity, a surreptitious and tremendously powerful realm of finance that now has its hands on just about everything. Private equity funds and related asset managers own water companies, apartment blocks, student accommodation, care homes, children's homes, funeral parlours and more. The titans of this industry have perfected a cradle-to-grave model of investme...
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07.04.26 - 18:42
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IMF Panics, Warns Tokenization Could Bring Crypto Risks Into Global Financial Markets (ZeroHedge)
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IMF Panics, Warns Tokenization Could Bring Crypto Risks Into Global Financial Markets
Authored by Francisco Rodrigues via CoinDesk.com,
Tokenization could reshape finance by enabling instant settlement and cutting out intermediaries, and introduces new risks that regulators are not yet equipped to manage, the IMF said.
Tokenization could amplify volatility through automated markets and smart contracts, the report said.
The IMF called for clearer legal frameworks and stronger global coordination, warning that tokenized assets moving instantly across jurisdictions could complicate oversight and deepen financial fragmentation in the absence of proper regulation.
Tokenization, the representation of real-life assets on a blockchain, could reshape both crypto markets and traditional finance, while introducing new risks that regulators are not yet equipped to manage, according to the International Monetary Fund (IMF).
In a new report, the IMF described tokenization as more than a techni...
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07.04.26 - 04:30
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ICBC and CCB lead China′s six biggest banks in US$61b dividend payout (SCMP)
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China's six largest state-owned banks are set to distribute more than 420 billion yuan (US$61 billion) in dividends for 2025, extending record-high payouts and strengthening their appeal as a source of stable income as investors rotate into defensive assets amid low interest rates.
Combined payouts from Industrial and Commercial Bank of China (ICBC), China Construction Bank (CCB), Agricultural Bank of China, Bank of China, Bank of Communications and Postal Savings Bank of China were expected to......
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