Coinbase Co-Founder Eyes Venezuela as Grupo Salinas Embraces Stablecoins

Key Takeaways Worth $2.6B, Coinbase’s Fred Ersham met officials to explore investments in Venezuela’s financial revival. Mexico’s Grupo Salinas tapped Anchorage Digital to next use a stablecoin system for cross-border flows. Over $1.7B in illicit flows, Brazil fined Banco Topazio, and enforced a 2-year crypto trading ban. Coinbase Co-Founder Meets with US and Venezuelan Officials…

Read More

G-7 finance ministers address global growth imbalances after Trump’s China summit

The world’s wealthiest democracies just spent a weekend in the Canadian Rockies talking about one country without actually naming it. G-7 finance ministers wrapped up meetings in Banff, Canada, with a communiqué pledging to address “unsustainable global imbalances” and “non-market policies” in global trade. The target of that language is about as subtle as a…

Read More