CryptoRoyal

Janet Yellen criticizes Powell investigation harshly
Former Fed Chair Janet Yellen described the investigation into Jerome Powell as "extremely alarming" in terms of the Fed's independence.

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🇦🇪 Dubai's financial regulatory authority,
banned the use of privacy-focused cryptocurrencies,
and introduced stricter rules for stablecoins.
These new crypto regulations will take effect from January 12.

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American renowned investor Bill Ackman:
“Limiting Trump’s credit card interest rates to 10% for a year is a mistake. If the interest rates are not high enough to cover losses and ensure equity profitability, credit card issuers will cancel consumers’ cards.”

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🇺🇸 Gold has surpassed U.S. Treasury bonds as the world's largest reserve asset globally for the first time in 30 years.

🇺🇸 Trump approved the bill that includes sanctions against Russia. Additionally, a 500% customs duty is soon planned to be implemented on India.

According to Fortune, Fireblocks acquired the crypto accounting platform Tres Finance for $130 million.

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Silver surpassed NVIDIA in market value and became the second most valuable asset in the world with $4.63 trillion. The number one spot is held by gold, valued at $31.34 trillion.

🚨 Telegram is facing the risk of approximately $500 million worth of Russian bonds it holds being frozen due to sanctions.