🚨 Washington has ultimately SEIZED control of the Bank of Japan.
US Treasury’s Scott Bessent just casually posts about “close coordination” with BoJ Governor Ueda, this is the smoking gun that America is dictating Japan’s rates.
Japan today has decided to not to hike interest rates.
They FORCED Japan to freeze hikes and keep the yen carry trade ATM wide open so Wall Street can keep siphoning free money.
The longer Japan delays the inevitable rate spike, the more catastrophic the unwind will be… markets will bleed, savings will evaporate, and the pain will be biblical.
BoJ insider @yutokanzakireal warned us months ago. Every single prediction is now unfolding in real time.
Japan’s only escape hatch? They’re integrating digital assets into their economy and allowed treating Bitcoin and XRP as Corporate Treasury assets. The ultimate off-ramp from this dollar-dominated trap.
The global financial system is on the brink.
Brace yourselves.
EXCLUSIVE: Eric Trump-backed defense technology company Space-Eyes to go public in $638 million SPAC deal, sources say https://t.co/ByHruiAol2 https://t.co/ByHruiAol2
BREAKING: 🇺🇸 US Treasury has informed banks that it may intervene in the yen market today.
Yesterday, the BOJ sold $53 Billion to save the yen, and today Treasury might sell USD to prop up the yen.
It seems like a yen carry trade unwind could happen soon.
@SenLummis It's time for our legislators to allow the voters to determine the presidency and focus on bill/legislation critical to our nations economy and financial system. Party power should not be the focus!
Dems finally saying the quiet part out loud: it’s not about protecting consumers from scams or ensuring businesses and jobs stay in America, it’s about hurting Trump by any means necessary — no matter who becomes collateral damage.
UNICREDIT, ACCENTURE, AND IBM TEAM UP TO CREATE A NEW BANKING PLATFORM IN EUROPE. ACCENTURE WILL PURCHASE A MAJORITY SHARE IN UNICREDIT'S TECH JOINT VENTURE FROM IBM.
🔥 JUST IN: BIS-led Project Agorá completed cross-border payments using tokenized money, settling $1M across six currencies in an average of 80 seconds.
Participants included JPMorgan, Citi and other major institutions.
🚨NEWS: I’m hearing from a couple of sources off the Hill that the latest ethics proposal brokered by @SenThomTillis and @SenRubenGallego includes a role for State attorneys general, although it’s still unclear what the full package looks like or what additional provisions have been added to address White House concerns.
The White House is now reviewing the latest draft, which was sent over this morning.
Separately, I’m told industry representatives spent much of yesterday making calls to the White House, making the case that reaching an ethics compromise is critical to getting the Clarity Act across the finish line.
How the White House responds could go a long way toward determining whether the Senate moves forward with a vote on the bill next week.
🚨 UPDATE: American Bankers Association BACKS New Clarity Act Text, Calls for Only “TINY SURGICAL EDITS” 🤯🇺🇸
The CEO of @ABABankers is signaling support for the latest CLARITY Act draft, saying the bill already contains “a lot of good” and only needs tiny surgical edits before becoming law. 👀
According to ABA CEO Rob Nichols:
👉 The new 600-page Clarity Act contains “a lot of good” and establishes an IMPORTANT framework for digital assets
👉 The ABA says it is working directly with Senators on just two small technical changes, calling them “TINY surgical edits”
👉 Nichols says the goal is to ensure the bill PROTECTS lending and economic activity WITHOUT changing Congress’ overall intent
👉 He also said crypto and banking can COEXIST, adding the U.S. can become both the CRYPTO CAPITAL and the BANKING capital of the world ✅
PASS. IT. NOW.
🇺🇸 BIG: Crypto investment giant Digital Currency Group (DCG) has urged U.S. Senate leaders to pass the CLARITY Act, calling for clear crypto regulations over regulation-by-enforcement.
TOM LEE: "The U.S. is risking getting left behind."
BitMine Chairman Tom Lee warned that the U.S. must pass the CLARITY Act quickly or risk falling behind as other nations race to embrace digital assets.
He says:
"Crypto is recovering because outside of the US, it's being embraced."
“Japan, Russia, Europe are passing Clarity act like bills”
“Crypto is turning money into software", ‘the countries moving first get the biggest advantage.’