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Hong Kong And The Quiet Rewiring Of The Dollar System

Hong Kong And The Quiet Rewiring Of The Dollar System Authored by Peter C. Earle, Ph.D, Hong Kong’s decision to move forward with its first stablecoin issuer licenses may prove to be about far more than digital payments. With HSBC and a Standard Chartered-led venture among the first approved issuers under the Hong Kong Monetary Authority’s new framework, the city is placing major regulated banks at the center of the next phase of monetary technology. Stablecoins remain overwhelmingly USD- and US Treasury-denominated, with more than 90 percent of the market’s roughly...
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Apr 15, 2026 / Tyler Durden
Bank of America Jumps On Record Equity Trading Revenue, Net Interest Income Forecast Increase, Offset By FICC Miss
Bank of America Jumps On Record Equity Trading Revenue, Net Interest Income Forecast Increase, Offset By FICC Miss Following stellar equity trading results from Goldman and JPMorgan, this morning Bank of America reported that its traders also pulled in the business’s highest quarterly revenue in more than a decade, riding a wave of volatility that pushed the firm’s stock-trading desk to an all-time record. Bank of America said Q1 profit rose 17% from a year earlier, while net income came in at $8.58 billion. That amounted to $1.11 a share, above...
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May 20, 2026 / Tyler Durden
Soros Fueling Opposition To Texas Data Center Expansion: Report
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May 1, 2026 / Tyler Durden
DOJ Probes 36 Illinois School Districts Over Sexual Orientation Content In Pre-K–12 Classes
DOJ Probes 36 Illinois School Districts Over Sexual Orientation Content In Pre-K–12 Classes Authored by Naveen Anthrappully via The Epoch Times, The Department of Justice’s (DOJ) Civil Rights Division has launched multiple investigations into 36 Illinois public school districts to assess whether sexual orientation and gender ideology content is being taught in pre-K-12 grade classes. If the districts are determined to be teaching sexual orientation and gender ideology-related content, “the investigations will examine whether the schools have notified parents of their right to opt their children out of such instruction,” the DOJ...
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