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In an unexpected move that may have far-reaching consequences for both the digital asset industry and its investors, the U.S. Justice Department has disbanded its National Cryptocurrency Enforcement Team. This shift, articulated in a recent memo from Deputy Attorney General Todd Blanche, reflects a broader abandonment of regulatory oversight traditionally applied to cryptocurrency operations. The
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The growing trade war between the United States and China signifies not just a clash of economic policies, but also a confrontation of ideologies and national ambitions. Treasury Secretary Scott Bessent, in his latest remarks, suggests that the U.S. is at an advantage, likening China’s recent tariff escalations to “playing with a pair of twos.”
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In a rapidly evolving digital landscape, the U.S. Securities and Exchange Commission (SEC) stands at the forefront of transforming the legislative approach to cryptocurrencies. Under the guidance of President Donald Trump, the SEC’s Crypto Task Force is undertaking the audacious task of crafting regulations aimed at safeguarding the financial markets while also providing a structured
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As the specter of a potential recession looms over the economic landscape, investor confidence is spiraling into a dangerous abyss. Recent trends reveal a worrying decline in restaurant stocks, driven primarily by heightened fears sparked by President Donald Trump’s unexpected announcement of steep tariffs on imports from major trading partners. This shocking move has sent
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The recent spate of intense rainstorms wreaking havoc in the Northeast serves as a potent reminder of nature’s erratic temperament. As communities across various states emerge from the catastrophic clutches of previous storms, with fatality counts tragically ticking up to 21, the impact of this natural disaster cannot be overstated. Flood warnings have spread like
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