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Scott Bessent and Kevin Warsh Ordered the US Bond Curve and There Was No Tantrum Over the Upcoming Rate Hike
The US Treasury Secretary avoided a new tantrum from the bonds with debt buybacks and the threat of using his trillion in cash. Warsh, for his part, regained his hawkish image in Jackson Hole but left open the question of a rate hike in September.
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South Korea's Taxable Cryptocurrency Activities Reach Approximately 15 Trillion Won, Ranking 11th Among Analyzed Countries
The scale of South Korea's taxable cryptocurrency activities has ranked among the top in the world, according to a report. Chainalysis's "Crypto Tax Report" released on August 31 estimates that by 2025, global on-chain taxable cryptocurrency activities will exceed $457 billion.
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