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Jeff Booth Warns of Debt Deflation If Federal Reserve Keeps Hiking Interest Rates
The author of “The Price of Tomorrow,” Jeff Booth, has warned about debt deflation, calling it a “great depression on steroids,” if the Federal Reserve continues to hike interest rates. He believes that eventually the Fed “will be forced…
Bank of Thailand to allow first virtual banks by 2025
Bank of Thailand has disclosed plans to allow virtual banks to operate in the country for the first time. Financial firms will be able to provide services by 2025, a Bloomberg report shows.
The “Consultation Paper on Virtual Bank…
Authorities dismantle a cross-border crypto fraud network in Europe
The cross-border fraud network used call centres to defraud victims.
The network operated in Germany, Serbia, Cyprus, and Bulgaria.
15 people connected to the network have been arrested so far.
After the raid on Nexo’s offices in…