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Kraken Financial: More Bank than Bank
Kraken Financial creates a 100% full-reserve warehouse model. But this poses a direct threat to the fractional-reserve system.
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Jun 11, 2026 / Tyler Durden
Australian Financial Watchdogs Back New Powers To Curb Money-Laundering Via Crypto
Australian Financial Watchdogs Back New Powers To Curb Money-Laundering Via Crypto
Authored by Rex Widerstrom via The Epoch Times,
Australian crime-fighting and financial agencies are moving to prevent the use of cryptocurrency for money laundering, scams, and money-mule activities.
Illustration of Bitcoin and Ethereum coins held together in front of diverses EURO banknotes in Paris, France, on June 5, 2026. Joao Luiz Bulcao/Hans Lucas/AFP via Getty Images
The Australian Banking Association (ABA), Transparency International, and the regulator, AUSTRAC (Australian Transaction Reports and Analysis Centre), are backing a proposal to amend the Anti-Money Laundering...
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Jun 26, 2026 / Tyler Durden
How Resilient?
How Resilient?
By Bas van Geffen, senior macro strategist at Rabobank
A cargo ship was hit by an unknown object near the coast of Oman yesterday. The vessel took some damage, but the company reported that “crew, vessel, and cargo are all safe.”
The ship has since left the strait, and tankers continue to transit. Still, these attacks force a rethink about the safety of the Strait of Hormuz, just as shipping from the Gulf region was starting to pick up again. The International Maritime Organization temporarily halted its evacuation plan for...
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Feb 18, 2026 / Dave DeCamp
Report: US Will Withdraw All of Its Forces in Syria Over the Next Two Months
The US is in the process of pulling all of its roughly 1,000 troops out of Syria, which is expected to take about two months, The Wall Street Journal reported on Wednesday. Earlier this month, the US pulled out of the Al Tanf Garrison, a base in southern Syria near the borders of Iraq and […]
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