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How does the economy work?

The economy is a system of producing and exchanging goods and services in a society.

Do Kwon to reportedly appeal against court’s decision to extend detention

A legal representative of Kwon confirmed the appeal against the Montenegrin court’s decision to detain the entrepreneur for 30 days longer than usual.

US contemplates 'expanding' emergency lending facility for banks: Report

While the Federal Reserve liquidity offerings must be equally accessible to "all eligible users," unnamed sources reportedly warned that it could be “made in a way” to ensure First Republic Bank benefits.

SEC targets Coinbase, Do Kwon arrested and FTX sells $95M in Mysten Labs: Hodler’s Digest, March 19-25

Coinbase’s Wells notice hints at enforcement action on the horizon, Terraform Labs CEO Do Kwon arrested in Montenegro and FTX seeks to sell $95 million in Mysten Labs stocks.

Custodia Bank's membership denied for ties with crypto markets, says US Fed

The United States Federal Reserve released an 86-page report on March 24 detailing the reasons for denying Custodia Bank's application for membership.

What is fiscal policy, and why does it matter?

Fiscal policy shapes economies through government spending, taxation and borrowing.

'US has left a vacuum that other countries are eager to fill': Coinbase

While the U.S. government opts for “regulation by enforcement,” other countries are fostering “vibrant” crypto ecosystems due to progressive regulation, argues Coinbase’s Daniel Seifert.

White House report takes aim at Bybit — and forgot about Deribit

The White House isn’t doing any favors for derivatives traders by turning a blind eye to the biggest players in the space.

US Treasury’s Financial Stability Oversight Council held unscheduled, closed meeting

Heads of all major U.S. financial regulatory agencies gathered by video to hear a presentation by NY Fed staff that concluded that the banking system “remains sound.”

Arbitrum airdrop hype grips DeFi world: Finance Redefined

The Arbitrum airdrop has created quite a hype in the DeFi industry, with several fake airdrops and exploits leading up to the distribution.

Binance launches internal investigation following KYC bypass rumors

Following allegations that Binance employees and volunteers help users bypass KYC protocols, the crypto exchange says it is launching an internal investigation.

How Montana stands to benefit if its pro-crypto mining bill is approved

Montana is could face a series of changes if its pro-crypto mining bill is approved.

Binance employees allegedly help customers in China bypass KYC controls

A new investigation claims that Binance’s billion-dollar security protocols are being manipulated by users around the world through inside help.

Cathie Wood's ARK loading up on Coinbase shares again, buying $18M

ARK Invest purchased 269,928 shares in Coinbase on March 23, only two days after it sold $13.5 million, its first sale of Coinbase shares this year.

'Surgical removal' of crypto will only weaken USD dominance, commentators say

A day after Coinbase received an SEC Wells notice, industry commentators weighed in on what recent regulator actions mean for America's crypto future.

3AC co-founder can answer subpoena or 'take his chances' — US judge

The U.S. judge presiding over the Three Arrows Capital bankruptcy case has upped the pressure on Kyle Davies to comply with a January-issued subpoena.

Justin Sun vs. SEC, Do Kwon arrested, 180M player game taps Polygon: Asia Express

Chinese crypto billionaire Justin Sun sued by SEC, Do Kwon busted in Casino Royale location, game with 180 million players embraces Polygon.

Do Kwon faces fraud charges from US prosecutors hours after arrest

The Terraform Labs CEO is now facing fraud charges in South Korea, the Securities and Exchange Commission and federal prosecutors in New York.

The world could be facing a dark future thanks to CBDCs

From forcing people to spend their money to making them save it, central banks around the world could soon use CBDCs to create a dystopian nightmare.

Coinbase CEO calls for action in electing pro-crypto lawmakers following SEC Wells Notice

Brian Armstrong urged crypto proponents to "contact their congressman, donate to pro-crypto candidates, show up at town halls" in an effort to achieve clear rules for crypto.

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