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European Central Bank (ECB) President Christine Lagarde opposes private issuance of euro-pegged stablecoins, even though 98% of the market is made up of dollar-pegged tokens. Despite the rapid global adoption of U.S. dollar stablecoins, Lagarde, speaking at the Bank of Spain’s Latin American Economic Forum in Madrid on Friday, argued that Europe should focus on…
Rory McIlroy says bringing back LIV Golf defectors would be “good business” for the PGA Tour amid doubts about the future of the LIV Golf Series. In April, Saudi Arabia’s Public Investment Fund (PIF) announced it would withdraw billions of dollars in support at the end of the year. advertise In response, LIV announced a…
European Central Bank (ECB) President Christine Lagarde opposes private issuance of euro-pegged stablecoins, even though 98% of the market is made up of dollar-pegged tokens. Despite the rapid global adoption of U.S. dollar stablecoins, Lagarde, speaking at the Bank of Spain’s Latin American Economic Forum in Madrid on Friday, argued that Europe should focus on…
Ironically, a top Virginia Democrat’s support for a redistricting referendum in his state backfired when a judge he had previously appointed helped derail the party’s efforts to redraw the state’s congressional districts. Sen. Mark Warner, D-Va., who supported the referendum and attended events supporting it, donated $100,000 to campaigns supporting the Virginia Democratic redistricting plan,…
Payward, the parent company of cryptocurrency exchange Kraken, has applied for a national trust company license from the U.S. Office of the Comptroller of the Currency (OCC) as it looks to expand its regulated digital asset custody business, according to an announcement shared with CoinDesk on Friday. If approved, the charter would establish the Payward…
The 2026 World Cup is just around the corner and England will be attending this summer’s event with high expectations. The Three Lions will enter the tournament in Canada, Mexico and the United States as one of the front-runners, with Thomas Tuchel facing a selection dilemma ahead of the final. advertise Tuchel must submit England’s…
BENGALURU: About 15 years ago, on a mat in Palaij, a small town in Gujarat’s Bharuch district, a lanky young man learned the value of adapting. While bowling with a coated ball in a local village tournament, he quickly realized that relying on discipline, control and innovation did little to help spin and survive. Even…
DEIR BALA, Gaza Strip (AP) — Even as the Gaza Strip faces a dire humanitarian crisis and a fragile ceasefire remains in place, a handful of Palestinian surfers have found joy and relief in the waves of the region’s Mediterranean coastal waters. Tahseen Abu Assi, a surfer in Gaza City, said only three or four…
U.S. Securities and Exchange Commission Chairman Paul Atkins said on Friday that the agency is considering changes to how securities regulations apply to blockchain-based financial markets and artificial intelligence-driven financial applications as digital asset companies increasingly move trading and settlement activities on-chain. Speaking at the AI+ Expo in Washington, Atkins said the SEC is considering…
Satellite images show a large suspected oil slick spreading near Iran’s main oil export terminal, Khargah Island, which experts say could be evidence that Tehran’s oil infrastructure is collapsing under increasing pressure from the United States. The oil slick seen in Copernicus Sentinel satellite images between Wednesday and Friday covered an area of ​​about 45…