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Goldman Sachs Expects Fed to Start Cutting Interest Rates in Q2 Next Year


Goldman Sachs has predicted that the Federal Reserve will start cutting interest rates in the second quarter of next year. The global investment bank’s economists also expect the Fed officials to forego hiking rates at their upcoming meeting. “We are penciling in 25 basis points of cuts...

Surprise: Next Assassin’s Creed Game Launching A Week Early


In recent years, Ubisoft has struggled to release games on schedule, with some titles like Skull & Bones being delayed over and over. But now, the company has announced something different. Instead of being delayed, it turns out Assassin’s Creed: Mirage will launch a week earlier than...

French Regulator Revises Crypto Rules to Align With EU’s MiCA Law


France’s financial market regulator said it’s adjusting the rules for crypto companies in line with Europe’s new regulatory framework. The changes, which will enter into force next year, seek to enhance registration requirements for businesses offering certain services for digital assets like...

600 Russians to Trial CBDC Next Week – Digital Ruble Pilot Begins


The Russian digital ruble pilot proper will begin next week, says the country’s Central Bank, with 600 citizens set to become the first people in the nation to use the CBDC. The bank said that the first transactions with the CBDC would be conducted on August 15, and that the pilot would initially...

FTX’s Sam Bankman-Fried to Face Campaign Finance Charge, Prosecutors Say


Founder of failed crypto exchange FTX, Sam Bankman-Fried, will be held accountable for alleged campaign finance violations, U.S. prosecutors indicated on Tuesday. The charge was dropped earlier because the extradition treaty with the Bahamas prevents adding further charges without prior permission...

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