Search results for "PABLO"
06:36
BTC billionaire Jon Collins-Black has hidden five chests filled with treasures across the United States, leaving behind a book full of clues to help treasure hunters find them. Currently, these treasures are worth over 2 million dollars, including 1 BTC. Collins-Black said, 'You don't have to be a genius to solve these clues. There’s no great code. If you have curiosity, imagination, and are willing to try new things, you can find the treasures I’ve hidden.' In addition to BTC, these treasures also include BCD and a sapphire brooch belonging to Jacqueline Onassis, a Greek golden laurel tree from the 4th century BC, a coin designed by Pablo Picasso and minted, and a rare moon rock specimen. (New York Post)
BTC-0.58%
03:16

ECB Governing Council member de Cos: It's definitely too early to start talking about a rate cut

Pablo Hernandez de Cos, ECB Governing Council member and governor of the Bank of Spain, said it was "absolutely premature" to start talking about rate cuts. "The current level of interest rates has been maintained long enough to achieve the medium-term inflation target of 2%," said Bank of Spain Governor de Cos. "I think it's definitely too early to start talking about rate cuts. "At the moment, traders are ramping up their easing bets on the ECB, expecting a 100 basis point rate cut in 2024.
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COS-6.5%
13:58
Today, Pablo Hernández de Cos, chairman of the Basel Committee, announced that this year there will be updates to the rules for two classes of assets (qualified stablecoins and tokenized traditional assets). He said at the Institute of International Finance and Finance annual meeting that additional safeguards will be provided for permissionless blockchains. Banks and other institutions are engaged in tokenization activities, including money market funds, bonds, and tokenized deposits. Some of these activities are conducted on permissioned blockchains, while others are conducted on permissionless public blockchains. Earlier, late last year, the Basel Committee on Banking Supervision published final rules for crypto assets, defining balance sheets and other requirements for holding cryptocurrencies. There are two classes of assets that receive very lenient treatment: qualified stablecoins and tokenized traditional assets.
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07:42
Odaily Planet Daily News The United States CFTC announced yesterday that it has filed a lawsuit in the U.S. District Court for the Central District of Florida, accusing four individuals and their unincorporated entity Fundsz of fraudulently soliciting users to invest in cryptocurrencies and precious metals. Starting in October 2022, Fundsz allegedly solicited participants by claiming it would generate weekly returns of more than 3% using what it called a “proprietary algorithm” and some “cheat books” for trading cryptocurrencies and precious metals. According to the CFTC, it was claimed that a one-time payment of $2,500 to Fundsz was expected to grow to $1 million within four years. Fundsz did not trade client funds and reported fictitious weekly returns to clients, the CFTC said. Fundsz has also been accused of falsely implying that it contributed to charitable causes. The defendants — Rene Larralde of Melbourne, Fla., Juan Pablo Valcarce of West Melbourne, Fla., Brian Early of New Orleans, La., Alisha Ann Kingrey of Franklin, Arkansas, and Fundsz — received an ex parte A statutory restraining order, which freezes their assets, preserves records and appoints a temporary receiver. A hearing on the CFTC's preliminary injunction motion is scheduled for Aug. 23. The CFTC also seeks compensation to defrauded investors, disgorgement of disgorgement, civil monetary penalties, permanent trading and registration injunctions, and permanent injunctions for further violations of the Commodity Exchange Act. (The Block)
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08:51

ECB Governing Council member: It is too early to predict the path of monetary policy in the second half of the year

ECB Governing Council member Pablo Hernandez de Cos said it was too early to predict the path of monetary policy in the second half of the year. “In my view, the September meeting is absolutely up in the air,” de Cos said at a financial stability conference in Madrid on Thursday. ECB policymakers are currently debating whether to continue raising interest rates after their next meeting in July.
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