Free Market Capitalism vs. Crony Capitalism: Unveiling the Key Differences
Capitalism, in its purest form, is often misunderstood, mainly due to the presence of government intervention in today’s economies. The free market, which thrives on voluntary exchanges and limited government interference, is frequently mistaken for “crony...
Norway’s Central Bank on CBDC Progress: We’re Not Falling Behind
Norway’s central bank is on track to decide by 2025 whether to adopt a central bank digital currency (CBDC), but officials stress there’s no urgency. Despite Norway’s cashless society, with only 2% using cash, the bank is carefully studying both retail and wholesale...
Iran Warns BRICS of ‘Big Threat’ From Western Payment Systems, Vows to End Dependence
Iran has called for BRICS nations to reduce their reliance on Western financial systems, warning of the risks posed by such dependence. Addressing the BRICS summit in Russia, Iran’s president urged the bloc to explore alternative structures and strengthen institutions...
Ripple CEO endorses Republican John Deaton in Senate race against Elizabeth Warren
Ripple CEO Brad Garlinghouse endorses John Deaton against Senator Elizabeth Warren. Deaton has strong pro-crypto advocacy; Warren criticizes him on various issues. Ripple supports Deaton’s campaign while also backing Kamala Harris’s candidacy. Ripple CEO Brad...Interesting 13
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