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Putin follows Trump’s bitcoin embrace. Can crypto help Russia evade sanctions?
1735232460 from MWATCH
The Russian government has been a historic opponent of bitcoin, banning its use for domestic payments, but has recently come to see the potential benefits of virtual currencies for evading U.S. and Western sanctions.
Federal Reserve proposes more transparency in bank stress tests, but banks still sue
1735055880 from MWATCH
Trade groups representing the largest U.S. banks on Tuesday filed suit in federal court to force more transparency in the U.S. Federal Reserve’s bank stress tests imposed after the 2008 global financial crisis, but the Fed has already proposed some changes to the annual process.
Financial advisers go ‘beyond the numbers,’ bringing in retirement coaches to offer well-rounded advice
1735055460 from MWATCH
As some financial advisers become more technology-driven and as low-cost robo-advisers gain more traction, some financial planners are taking a different approach to retirement advice — one that adds a more human, personal touch.