Month: July 2021

For advisors who are just starting out or veterans who are contemplating new models for their practices, going independent can be alluring. Independence promises autonomy, freedom from corporate bureaucracy and the satisfaction of building your own business. But it can also bring headaches and profound challenges, particularly on the regulatory and compliance front. In an
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Ripple has launched its first On-Demand Liquidity (ODL) service implementation in Japan in partnership with SBI Remit, a large Japanese money transfer provider, and Philippine crypto exchange Coins.ph. Ripple, SBI, Coins.ph Collaborate to Launch Ripplenet’s On-Demand Liquidity Ripple Labs announced Wednesday “the launch of Ripplenet’s first live On-Demand Liquidity (ODL) service implementation in Japan” in
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The Federal Reserve has toyed for years with opening something called a standing repo facility to prevent short-term rates markets from blowing up. Following a 2019 disruption and another early in the pandemic, the central bank finally took that step. The Marriner S. Eccles Federal Reserve building Bloomberg News The permanent repurchase-agreement facility, one for
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What happens when more Americans realize that Treasuries, Bonds, and Dollars they own will become increasingly worthless in the future? Editor’s Note: This article was written just before the 1.2 billion ounce miracle deposit into the COMEX silver “market”. ***** by Steve St Angelo of SRSrocco Report Smart silver investors now hold more Silver Eagles
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Multiverse, a decentralized artificial intelligence ecosystem that funds early-stage tech companies, has secured $15 million in investments from some of blockchain’s biggest venture funds.  Samsung Next, a developer ecosystem focused on AI, blockchain and fintech, was among the investors, along with Arrington XRP Capital, Huobi Ventures and Fenbushi, Multiverse announced Wednesday. With the raise, Multiverse
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Billionaire businessman Ken Langone told CNBC on Wednesday he expects higher-than-usual inflation to hit the U.S. economy for longer than the Federal Reserve anticipates. In an interview on “Squawk Box,” the Home Depot co-founder said both raw material and labor shortages have caused increased consumer prices during the pandemic economic reopening. Now, the potential for
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After a relatively quiet spring for wealthtech financing deals, iCapital Network announced a massive fundraising that nearly tripled the company’s total funding. The New York-based company, which provides a technology platform to help financial advisors access alternative investments, reeled in $440 million in an investment round led by Temasek, the government of Singapore’s sovereign wealth
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Real estate agents perform a critical function in the American housing landscape, bringing buyers and sellers together and making certain each side is responsibly represented. Recently, however, a number of class-action lawsuits and a Department of Justice (DOJ) investigation have been initiated against all the largest national real estate brokerages. These attacks contend that, because
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U.S. Senator Sherrod Brown says cryptocurrencies are not real dollars and they “put Americans’ hard-earned money at risk.” Referring to decentralized finance (defi) as “a shady, diffuse network of online funny money,” he said, “if we want a solution to Americans’ legitimate fears about our banking system, shady start-ups are not the answer.” Senator Brown’s
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