Video Summary The largest cryptocurrency exchange, Binance, has been found guilty of money laundering and its founder, CZ, has been sentenced to 4 months in prison. This verdict is shocking considering the significant amount of money laundering that was uncovered, with Binance processing over $12.5 billion in transactions daily. The fine of $4.3 billion is […]
Video Summary The article discusses the current state of the Chinese economy and its future prospects. The Chinese Central Bank has recently cut the key lending rate by 10 basis points, a move signifying an attempt to stimulate the economy. This move is seen as positive, as it will help to increase borrowing and spending. […]
Video Summary The Japanese economy has been facing significant challenges, including a declining population, a high national debt, and a falling value of the Japanese yen. In the 1950s, Japan was rebuilt and became a manufacturing powerhouse, but it has since fallen behind China and Germany in terms of economic size. The country is now […]