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From October 3, customers in the US will no longer be able to use Revolut to buy, sell, or hold any cryptocurrencies.
Before releasing the latest ratings, Fitch had initially warned about a possible downgrade during US debt ceiling negotiations a few months ago.
Bitcoin price moved from $28.6k to around $30k on Tuesday but stabilized around $29.6k during the early Asian trading hours on Wednesday.
While inflation in Eurozone shows signs of slowing down, it still remains much higher than the targeted 2%. Economists also pointed out other cracks in the Eurozone economy.
Gensler has consistently stated that most cryptocurrencies, except Bitcoin, should be treated as securities.
As the global economy continues to recover from the COVID-19 pandemic, the Eurozone is facing increasing chances of inflationary pressures.
Meta CEO Mark Zuckerberg highlighted that the company’s app continued to record strong engagement and currently has an exciting product in the pipeline.
The recent Fed increase in interest rates has put the midpoint of the target range at the highest level in over two decades.
The legal troubles continue to mount for Binance, as the Securities and Exchange Commission (SEC) also filed a lawsuit against the exchange and CZ in June.
As part of plans to launch the X super app, Elon Musk has said the Twitter logo would change to X.
Sam Bankman-Fried faces a slew of criminal allegations, including fraud, bribery, and campaign finance offenses.
Bitcoin dropped by just around 1 percent to trade around $29.9k on Friday despite the US unemployment claims coming in lower than expected.
Inflation in the UK has fallen lower than expected even as authorities promise to keep working towards their goal of 2%.
Treasury Yields are falling further due to general uncertainty in the market regarding interest rates and monetary policies.
The increase in Q2 2023 figures show that JPMorgan is not negatively affected by its recent acquisition of First Republic Bank.