Trump Prepares to Oust Fed Boss Powell, Says New Chair Decision ‘Very Soon’
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U.S. President Donald Trump is expressing growing dissatisfaction with Federal Reserve Chair Jerome Powell, and just ahead of the weekend, he informed reporters aboard Air Force One that a decision regarding the next Fed chair will be “coming out very soon.” Rate Cut Demanded: Trump Slams Powell, Signals Fed Leadership Overhaul Since assuming office in […]

XRP Price Watch: Momentum Stalls, But Breakout Potential Builds
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XRP traded at $2.19 on June 7, 2025, with a market capitalization of $128 billion and a 24-hour trading volume of $1.33 billion. The cryptocurrency moved within a tight intraday range of $2.16 to $2.19, suggesting subdued volatility ahead of a potential breakout. XRP On the 1-hour chart, XRP displayed a tightly consolidated price action […]

Report: Deutsche Bank Assesses Leveraging Stablecoin Tech or Consortium Role
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Deutsche Bank AG is exploring stablecoins and tokenized deposits as large financial institutions increase digital asset investments. German Financial Giant Ponders Stablecoin Use and Token Deposits Bloomberg reports that Germany’s largest lender is evaluating stablecoin options, which could involve issuing its own token or joining an industry initiative, according to Sabih Behzad, Deutsche Bank’s head […]

Crypto ATM Use by Seniors Raises Red Flags—AUSTRAC Tightens Rules
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Australia’s financial intelligence agency, AUSTRAC, is tightening regulations on crypto ATMs due to concerns over scams and fraud. New restrictions include cash deposit and withdrawal limits as well as mandatory scam warnings. ATM Scammers Target Senior Citizens Australia’s financial intelligence agency, AUSTRAC, is implementing stringent new measures for cryptocurrency ATM operators, including refusing to renew […]

Singapore Clarifies Crypto Licensing Rules With Offshore-Only Activities Under Fire
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Singapore’s looming licensing mandate forces offshore-only crypto providers into urgent compliance mode, threatening to cut off unregulated access to tokenized finance and digital asset markets. June 30 Sparks Compliance Race for Offshore-Only Crypto Providers in Singapore The Monetary Authority of Singapore (MAS) issued clarifications on June 6 regarding the scope and application of its regulatory […]

US Seizes Crypto and 145 Domains From Identity Theft Marketplace
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The U.S. Department of Justice (DOJ) has seized 145 domains and cryptocurrency funds tied to the BidenCash identity theft marketplace, a dark web platform that trafficked in stolen payment card data and personal information. Operational since March 2022, BidenCash facilitated the sale of more than 15 million compromised records, serving over 117,000 users and generating […]