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US Awaits Recession While Bitcoin Becomes the Last Resort

US Awaits Recession While Bitcoin Becomes the Last Resort

The trade-war worries affected the financial markets on Wednesday, while stocks and commodities tumbled in Europe and the United States. Equities declined more than 1% in the United States after the S&P 500 Index fell 2.93%, the NASDAQ shed 3%, and the Dow Jones tumbled over 3%.

BNY Mellon Joins Marco Polo Trade Finance Consortium

BNY Mellon Joins Marco Polo Trade Finance Consortium

The Bank of New York Mellon, which boasts nearly $2 trillion under management, is the 28th bank to join the Marco Polo trade finance consortium. And according to CoinDesk, the bank is quite eager to go “live:”

Trump Administration May Consider Placing China’s Ant Group on Trade Blacklist

Trump Administration May Consider Placing China’s Ant Group on Trade Blacklist

The US State Department recently submitted a proposal to add Ant Group to a trade blacklist, inhibiting the fintech giant’s business operations within the US.

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