Stablecoins, Not Bitcoin, Extend US Dollar Hegemony, Chinese Economist Warns
A Chinese economist, Zhang Ming, argues that U.S. dollar-pegged stablecoins, not Bitcoin or Ethereum, are strengthening the U.S. dollar’s global dominance. Dollar-Pegged Stablecoins Bolstering Dollar’s Global Role According to Zhang Ming, deputy director of the Institute of Finance and Economics at the Chinese Academy of Social Sciences, U.S. dollar-pegged stablecoins, not bitcoin ( BTC) or […] Powered by...
Trump’s Terrifying Tariffs
Last week as markets wobbled, tariffs seemed to be the consensus culprit. But are tariffs just an easy scapegoat? How Much Do Tariffs Matter? This editorial is from last week’s edition of the Week in Review newsletter. Subscribe to the weekly newsletter to get the editorial the second it’s finished. As equity and crypto markets […] Powered by...
U.S. Court Orders Up to $97,500 in Damages for Sharing ‘Adult’ Films via BitTorrent
As the most prolific copyright litigant in the United States, adult entertainment company Strike 3 Holdings has filed over 15,000 lawsuits in federal courts. These lawsuits target people whose Internet connections were allegedly used to download and share copyright-infringing content via BitTorrent. Many of these cases result in confidential settlements or are quietly dismissed and never heard of again. A tiny percentage proceed to a...
How to Avoid US-Based Digital Services—and Why You Might Want To
Amid growing concerns over Big Tech firms aligning with Trump administration policies, people are starting to move their digital lives to services based overseas. Here’s what you need to know. Powered by WPeMatico
South Korea Cracks Down on Unregistered Overseas Crypto Exchanges
South Korean financial authorities are cracking down on unregistered overseas cryptocurrency exchanges targeting Korean users. Enforcing the Specific Financial Information Act South Korean financial authorities are escalating their efforts to regulate the domestic cryptocurrency market by targeting overseas virtual asset exchanges that operate without proper registration. According to a local report, the Financial Intelligence Unit...
