Olivia Cross of Capital Economics said in a note that a "significant decline" in non-farm payrolls would be necessary this week for the Fed to cut interest rates by another 50 basis points next week. Economists surveyed by the Wall Street Journal expect job creation to slow to 100,000 from 254,000 in September because of the hurricanes and strikes. Cross said the data would need to be much lower than expected to make the Fed more dovish. Cross, on the other hand, sees upside risks to inflation, ...
Bolivian bank Banco Bisa has launched a stablecoin custody service that allows customers to buy, sell and transfer USDT. The service will enable users to hold their assets, send them to relatives and make cross-border transfers, Bisa said. Yvette Espinoza of the Bolivian financial regulator Autoridad de Supervisión del Sistema Financiero (ASFI) supports the bank's move, saying it allows customers to trade cryptocurrencies within the country's regulatory framework. The regulator says it reduces ...
The governor of the Central Bank of Bolivia, Edwin Rojas Ulo, has mentioned the recent shift in the institution's stance towards cryptocurrencies and stablecoins. According to reports, Rojas Ulo believes that the inclusion of cryptocurrencies in the national financial system could be a useful alternative, and the decentralization of these assets would "benefit commercial and private activities that purchase services, and of course meet different needs." However, some assets can be used as invest...
21:00-7:00 Keywords: Bolivia, VanEck, Solana, Coinbase 1. Federal Reserve Governor Bowman: It is not appropriate to cut interest rates now; 2. Worldcoin's World ID will be launched on Solana; 3. Bolivia lifts its ban on bitcoin and crypto payments. 4. VanEck has submitted Solana trust application documents to the SEC. 5.21Shares files 8-A12B for its spot Ethereum ETF. 6. The SEC chairperson expects the spot Ethereum ETF to be listed as early as September. 7. A proposed bitcoin-gold ETF could be ...
Bolivia has lifted its ban on bitcoin and crypto payments, officially legalizing it for financial entities.
Brazilian President Lula said: I am now aware of the situation in Bolivia and will ask my minister to call the Bolivian president.
On June 27, Bolivian President Arce took to social media on Wednesday to "denounce" the "irregular mobilization" of certain units of the country's army. According to videos shared on social media, heavily armed soldiers and armored vehicles can be seen gathering in the capital's Murillo Square.
Vice President of Bolivia: There is an attempt to stage a coup to overthrow the elected government.
On June 27th, a military coup took place in Bolivia on June 26th local time. According to reporters, tanks and troops broke into the presidential palace in La Paz, Bolivia. Former Bolivian army commander Zuniga said he would take over the government to form a new cabinet after occupying the presidential palace. Bolivian President Arce confronted Zuniga and ordered him to demobilize the troops. After the incident, Bolivian Foreign Minister Sosa released a video condemning the abnormal troop movem...