Harvard Economics Professor: US Default Could Spark Global Financial Crisis

Harvard economics professor Kenneth Rogoff, who previously served as the chief economist at the International Monetary Fund (IMF), has warned that the U.S. defaulting on its debt obligations could spark a global financial crisis. “It’s a very perilous situation and we

中南米の洞察: Bolivia Sells Gold for Dollars, Argentina Bans Fintech Crypto, Fitch Upgrades El Salvador’s Credit Rating

Welcome to Latam Insights, a compendium of the most relevant crypto and economic development news from Latin America during the last week. In this issue, Bolivia passes a law to sell gold for dollars, the Central Bank of Argentina bans fintech

Treasury Secretary Yellen Warns US Could Default on Its Debt by June 1

私たち. Treasury Secretary Janet Yellen has warned that the Treasury will not be able to pay all of the government’s debt “as early as June 1, if Congress does not raise or suspend the debt limit before that time.” Yellen also

IMF Blog: Interest Rates to Fall to Pre-Pandemic Levels Once Inflation Is Tamed

When inflation in advanced economies is tamed, real interest rates are likely to drop to pre-pandemic levels, the latest International Monetary Fund (IMF) blog post has said. According to the authors of the blog post, the transition to acleaner economy

クラーケンのCEO: 規制当局は、自分たちの目的を達成するために悪者を大きくして大暴れさせる

仮想通貨取引所クラーケンのCEO, ジェシー・パウエル, 米国は言う. レギュレーター “let the bad guys get big and blow up because it serves their agenda.The executive explained: “悪者は大きな競争上の優位性を持って活動します. ユーザーを吸い取ってしまう, 収益, と…

伝えられるところによると、メタはレイオフの新しいラウンドの準備をしています

メタ, Whatsappを所有する会社, インスタグラム, とフェイスブック, 伝えられるところによると、今後数日で新たなレイオフを発表する準備をしている. 報告によると, 会社は各チームの予算の最終決定を遅らせている,…

Indian Government Introduces New Crypto Tax Penalties

The Indian government has introduced new crypto tax penalties, including for non-payment of crypto tax deducted at source (TDS). Much to the disappointment of the crypto community, Finance Minister Nirmala Sitharaman did not mention crypto in her Budget speech this year….

Argentine Peso Loses Almost 12% Against the Greenback During January; Inflation Projected to Rise Sharply

The Argentine peso has fallen consistently against the U.S. dollar this month, losing almost 12% since Jan. 1. The behavior of the exchange rate for the informalbluedollar keeps bringing concerns about a possible escalade in inflation rates, that are

Romania Carries Out Raids as Part of Crypto Tax Evasion Probe

Authorities in Romania have conducted more than a dozen raids against people suspected of hiding income from cryptocurrency operations. The searches took place in late 2022 following an earlier investigation which established that crypto traders had failed to report digital assets

Italian Parliament Approves 26% Tax for Cryptocurrency Gains in 2023 Budget Law

The Italian Parliament has introduced a 26% capital tax on cryptocurrency gains as part of the 2023 budget law, which was approved on Dec. 29. The document also offers incentives for taxpayers to declare their cryptocurrency holdings, proposing a 3.5% aliquot