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World Bank steering committee, Yellen urge more reforms at lender this year U.S. Treasury Secretary Janet Yellen has urged the World Bank to implement further reforms in 2023. Yellen's call comes as the global economy faces challenges, including climate change, income inequality, and the need for robust pandemic recovery. The proposed reforms aim to enhance the World Bank's ability to add...
IMF warns deeper financial turmoil would slam global growth The International Monetary Fund (IMF) has warned that a potential escalation in financial turmoil could significantly impact global economic growth. Factors such as rising inflation, geopolitical tensions, and the possibility of tighter monetary policies contribute to the uncertain outlook which is...
Stablecoins Gain Traction as Inflationary Shield in Latin America, Europe Also Sees Growth Stablecoins are gaining traction as an inflationary shield in Latin America, where users are turning to these digital assets to protect their wealth from rising inflation. Europe is also experiencing stablecoin growth, with increasing adoption driven by their potential to facilitate cross-border transactions and...
SEC Warned Bittrex of Legal Action Before Firm Announced U.S. Exit: WSJ The U.S. Securities and Exchange Commission (SEC) reportedly warned Bittrex, a prominent cryptocurrency exchange, of potential legal action before the company announced its exit from the U.S. market. According to the Wall Street Journal, the SEC sent a letter to Bittrex in March highlighting possible violations...
Over 80 crypto firms eyeing presence in Hong Kong: Financial Secretary Hong Kong's Financial Secretary Paul Chan revealed that over 80 cryptocurrency firms are considering establishing a presence in the region. These companies are attracted by Hong Kong's clear regulatory environment and its status as a global financial hub. The territory's government is working on a licensing...
Value Plan: 2023 Spring Review and Proposal The Value Plan is a proposal that aims to support the growth of the Hive blockchain ecosystem. In its Spring 2023 review and proposal, the Value Plan team presents an overview of their progress in achieving their goals, including the creation of a community fund, strategic partnerships, and initiatives....
Last month was the best month for LPUD in general terms, and this time we came incredibly close to surpassing those numbers! This LPUD April we powered up 252k $LEO. 167 Lions powered up at least 150 $LEO. For reference, last month we did 262k and 171 Lions, so yeah, we did pretty amazing this time as well... LeoFinance is a blockchain-based social media platform for Crypto & Finance content creators. Our tokenized app allows users and creators to engage and share content on the blockchain while earning cryptocurrency rewards. Subscribe to The Daily Leo and start being up to date with the crypto & finance world!
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Monday, April 17, 2023
Stablecoins Gain Traction In Latin America, SEC Warns Bittrex, Hong Kong Expects 80 Crypto Companies
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