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US Central Bank Raises Rates by Half a Percentage Point, Fed’s Powell Says Similar Hikes Are on the Table

The U.S. Federal Reserve raised the benchmark interest rate on Wednesday and the increase was the biggest rate hike in two decades. “Inflation is much too high,” the central bank’s…

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California governor issues blockchain executive order building on US President’s regulatory efforts

"We’re getting ahead of the curve on this, laying the foundation to allow for consumers and business to thrive," said California Governor Gavin Newsom.

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Weiss Ratings Report Claims Crypto-Backed Home Loans Spell Trouble

A report published on May 2 by the rating agency Weiss Ratings warns that crypto-backed mortgages “spell risk.” Weiss editor Jon D. Markman said backing a mortgage with crypto is…

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