LONDON: The Bank of England has asked some lenders to test their resilience to potential U.S. dollar shocks, three sources said, the latest sign of how the Trump administration’s policies are eroding trust in the U.S. as a bedrock of financial stability. As the leading currency for global trade and capital flows, the U.S. dollar […]
The Senate Agriculture Committee will hear from prospective CFTC chair Brian Quintenz, who could be the sole commissioner at the US regulator by the end of 2025. Brian Quintenz, US President Donald Trump’s pick to chair the US Commodity Futures Trading Commission (CFTC), is scheduled to appear before lawmakers as his nomination moves forward in the Senate. His role could expand significantly if current legislation shifting crypto oversight to the agency becomes law. The Senate Agriculture Committee will hold a meeting to consider Quintenz’s nomination before a potential floor vote on Monday. The meeting will follow a hearing held by the committee in June, marking the first step in his nomination since Trump announced it in February. The committee meeting will come as the Senate is expected to consider the Digital Asset Market Clarity (CLARITY) Act following passage in the House of Representatives on Thursday. Read more
Reverence for the saffron-robed Buddhist monkhood is deeply woven into Thai society, but a sex extortion scandal has besmirched the clergy and left the devout questioning their faith. Thai police this week arrested a woman accused of bedding at least 11 monks in violation of their vows of celibacy, before blackmailing them with thousands of secretly taken photos of their trysts. The monks are said to have paid nearly $12 million, funnelled out of their monasteries, funded by donations from laypeople hoping to increase their merit and prospects for reincarnation. The scandal provoked outrage over hypocrisy in the monkhood, concern that their status shields them from scrutiny, and soul-searching across society about the role of religion. This aerial photo taken on July 18 shows the giant Buddha statue at the Wat Paknam Phasi Charoen Buddhist temple complex in Bangkok, Thailand. — AFP “I’m not involved in the religion like I used to be,” 33-year-old motorbike taxi driver Mongkol Sudathip told AFP. “I don’t have ...
Institutional capital brings Bitcoin stability and status, but also systemic risk, regulatory pressure, and a creeping erosion of its core ethos. Key takeaways: Bitcoin is now a macro asset, with behavior increasingly tied to traditional risk markets and vulnerable to the same systemic pressures as TradFi assets. Custodial concentration is reshaping Bitcoin’s market structure, increasing systemic risk and weakening self-custody norms. Read more
На стихийном рынке возле криворожского железнодорожного вокзала произошел конфликт. В результате мужчина ударил женщину, за что получил наказание суда.Об Подробнее
In an innovative combination of customised tradition and technology, an AI portrait of King Charles III was revealed at the United Nations headquarters in Geneva during the 2025 AI for Good Global Summit. The artwork, named ‘Algorithm King’, was the creativity of the world’s first lifelike humanoid AI-Da robot artist. AI-Da was the development of […]