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The problem government faces from AI and crypto is the validation of its own currency.

I have been listening for the past hour or so to Emad Mostaque, the founder of Intelligent Internet, discuss among other things how money will evolve in terms of use and creation in an artificial intelligence world. I decided to tune in after doing a little prior contemplation on my own as to how currencies … Continue reading The problem government faces from AI and crypto is the validation of its own currency.

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Acting Chairman Pham Announces Next Crypto Sprint Initiative

August 21, 2025 WASHINGTON, D.C. — Commodity Futures Trading Commission Acting Chairman Caroline D. Pham announced today the CFTC will begin its next crypto sprint initiative for implementation of the recommendations in the President’s Working Group on Digital Asset Markets report. Starting today, Acting Chairman Pham will begin stakeholder engagement on all other report recommendations for the CFTC. She … Continue reading Acting Chairman Pham Announces Next Crypto Sprint Initiative

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Minutes of the Federal Open Market Committee, July 29–30, 2025

For release at 2:00 p.m. EDT The Federal Reserve on Wednesday released the minutes of the Federal Open Market Committee meeting that was held on July 29–30, 2025. The minutes for each regularly scheduled meeting of the Committee are generally published three weeks after the day of the policy decision. The descriptions of economic and … Continue reading Minutes of the Federal Open Market Committee, July 29–30, 2025

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Does Trump want to create a more independent Europe for the sake of competition for the dollar?

In its quarterly report to Congress regarding its foreign exchange operations for the second quarter of 2025, the Federal Reserve and the U.S. Treasury reported that there was no intervention in the foreign exchange markets. The U.S. dollar, as measured by its broad-weighted dollar index, depreciated 5.6%. Cumulatively, the dollar has depreciated 7.5% since the … Continue reading Does Trump want to create a more independent Europe for the sake of competition for the dollar?

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It is less about political interference with the Fed and more about the degree of interference.

There is ongoing concern of a threat by the Executive Branch to the independence of the Federal Reserve System, specifically influence by the Executive Office of the President on the decisions made by the Federal Open Market Committee on monetary policy. I do not think the issue is political threats to the independence of the … Continue reading It is less about political interference with the Fed and more about the degree of interference.

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As the USD continues to weaken, what does Trump get out of mediating a Russia-Ukraine peace deal?

As I write, the EUR/USD is at 1.17139. The EUR/USD has been increasing since 4:00 am when it read 1.16823. All eyes are on Anchorage, Alaska as U.S. president Donald Trump is set to meet Russian Federation president Vladimir Putin to discuss a resolution of Russia’s war with Ukraine. Ukrainian president Volodymyr Zelenskyy has not … Continue reading As the USD continues to weaken, what does Trump get out of mediating a Russia-Ukraine peace deal?