EU Races to Regulate Bitcoin, Cryptocurrencies as Market Implodes

The three bodies involved in negotiating European Union rules on Bitcoin and other cryptocurrencies hope to wind up work on the Markets in Crypto-Assets legislation by the end of June as pressure i…

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US Dollar Softens After Weak US Business Activity Data Raises Recession Odds

U.S. composite PMI falls to 51.2 in June from 53.6 in May, reaching the lowest level in five months, a sign that economic activity is slowing rapidly and a recession could be near.

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