Tag: Warns

Low Interest Rates Provide Precarious Protection Against Crisis, World Bank Warns

Low Interest Rates Provide Precarious Protection Against Crisis, World Bank Warns The latest global debt wave is the largest in the past five decades, the World Bank has acknowledged in a new report. The international institution notes that previous waves of broad-based debt accumulation lead to widespread financial crises. Historically […]

Circle Warns Poloniex US Customer Assets May Be Sent to the Government

Circle Warns Poloniex US Customer Assets May Be Sent to the Government As part of its release of the cryptocurrency exchange Poloniex, Circle may begin charging fees to Poloniex US customers. And the company warns that any unclaimed digital assets, those in dormant accounts, may be sent to state governments, […]

U.S. Warns Visa, Mastercard to ‘Proceed With Caution’ Regarding Libra

U.S. Warns Visa, Mastercard to ‘Proceed With Caution’ Regarding Libra In the wake of Paypal’s very public exit from the Libra project, U.S. lawmakers are now pressuring Stripe, Visa and Mastercard to rethink their membership of the Libra Association as well. On October 8, three letters from two U.S. senators […]