Tag: finance
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For the very first time in Switzerland, a major commodities trading firm was being tried in what serves as the country’s highest criminal court. The case was brought by a Swiss corruption… more ›
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Last week, Congress held two hearings about Americans losing access to banking services. In theory, everyone agreed this was a serious problem requiring urgent attention. In practice, they weren’t even… more ›
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A new update to the China’s Global Energy Finance (CGEF) Database, managed by the Boston University Global Development Policy Center, estimates that from 2000-2023, China’s two development finance institutions (DFIs)—the… more ›
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Want to make a fortune? Target bored young men who want to make a fortune. If you want to gamble in America these days, you have more ways to put… more ›
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https://www.bloomberg.com/opinion/articles/2023-06-06/the-sec-comes-for-crypto more ›
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NEW YORK – Bloomberg today released a research paper detailing the development of BloombergGPTTM, a new large-scale generative artificial intelligence (AI) model. https://www.bloomberg.com/company/press/bloomberggpt-50-billion-parameter-llm-tuned-finance/ more ›
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One imperfect but useful way to think about crypto is that it allowed for the creation of a toy financial system. There was already a regular financial system, a set… more ›
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“Banks must be trusted to hold our money and transfer it electronically, but they lend it out in waves of credit bubbles with barely a fraction in reserve.” – Satoshi… more ›
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WASHINGTON — American CryptoFed is a new kind of company spawned by the advent of cryptocurrency — one that claims, in a way, not to be a company at all.… more ›