#Five centrist Dems oppose Biden’s pick for bank regulator

#Five centrist Dems oppose Biden’s pick for bank regulator

“#Five centrist Dems oppose Biden’s pick for bank regulator” Five centrist Democratic senators have reportedly told the White House that they’ll oppose the nomination of Saule Omarova, President Joe Biden’s controversial lefty pick for head of the Treasury Department’s Office of the Comptroller of the Currency. The opposition from both Republicans and, now, some of…

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# Morgan Stanley increased exposure to Bitcoin, held 0M in Grayscale shares

# Morgan Stanley increased exposure to Bitcoin, held $300M in Grayscale shares

“# Morgan Stanley increased exposure to Bitcoin, held $300M in Grayscale shares ” Investment funds from major U.S. investment bank Morgan Stanley have increased their exposure to Bitcoin through purchases of shares of Grayscale Bitcoin Trust. According to filings from the United States Securities and Exchange Commission on Tuesday, the Morgan Stanley Insight Fund increased…

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#Bank will outlive China’s Communist Party

#Bank will outlive China’s Communist Party

“#Bank will outlive China’s Communist Party” JPMorgan CEO Jamie Dimon threw down the gauntlet in a speech Tuesday — at least as a joke: He said his bank will outlast the Chinese Communist Party. “I made a joke the other day that the Communist Party is celebrating its 100th year — so is JPMorgan,” Dimon…

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# The stablecoin boom won’t continue without decentralized interoperability

# The stablecoin boom won’t continue without decentralized interoperability

“# The stablecoin boom won’t continue without decentralized interoperability ” Stablecoins are the cornerstone of the digital asset marketplace with a market cap of over $100 billion. Governments are already putting considerable resources in being up to speed with the trends. A November 2021 report published by the United States President’s Working Group on Financial…

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