China Defies US Sanctions on Oil Refiners With Sweeping Non-Compliance Order
Key Takeaways: On May 2, China’s MOFCOM invoked the Blocking Statute against U.S. OFAC sanctions on 5 local oil refiners. SMU’s Henry Gao notes this 1st use of the statute since 2021 forces global companies to pick between markets. Next, Chinese firms can sue for...
Despite Warsh Replacing Powell at the Fed, Traders See No Rate Cut Coming in June – Bitcoin News
Key Takeaways: Kevin Warsh cleared a 13-11 Senate Banking Committee vote on April 29, replacing Powell as Fed Chair in May 2026. Polymarket traders priced a 96% chance the Fed holds rates steady at the June 17 FOMC meeting. Warsh signals rate cuts tied to AI...
Coinbase Says Prediction Markets Are Maturing, CFTC Needs No New Mandate
Key Takeaways: Coinbase urged the CFTC to regulate prediction markets under existing derivatives law. Federal oversight could prevent fragmented state enforcement across interstate prediction markets. Courts, regulators, and states are still divided over jurisdiction...
XRP Reaches 5M+ Merchants Through Rakuten Wallet Integration
Key Takeaways: Rakuten Wallet enabled XRP conversions, trading, and Rakuten Cash funding for users in Japan. Scale comes from 44 million Rakuten Pay users and 5M+ merchants. Integration expands XRP utility across rewards, wallets, and everyday purchases. Rakuten...Interesting 13
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Bitcoin records sixth straight monthly green candle:… The last time Bitcoin saw six-monthly green candles in a… (220)
Akon City 2: Akon Unveils Plan to Build Second… Another futuristic cryptocurrency city will be built in Africa, Senegalese-American… (207)
Cryptocurrency GIFs: Animations That Capture the… The cryptocurrency ecosystem is filled with unique individuals with a… (195)
Paybis 2021 Guide │ Buy Bitcoin Easily What is Paybis Exchange? Paybis is a UK-based cryptocurrency exchange… (180)
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