/ Debt
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China to Cut Stocks’ Stamp Duty for First Time Since 2008 as Market Hits 9-Month Low
If materialized, the proposed stamp duty cuts of 50% would mark the first such move in 15 years.
August 25, 2023
Fitch Ratings Downgrades US Debt to AA+ Citing “Erosion of Governance”
Prominent credit rating agency Fitch downgraded the US sovereign debt from AAA to AA+ on Tuesday.
August 02, 2023
Increase in Buy Now Pay Later Debt Amid Weak Regulations a Systematic Threat: Report
BNPL payments exceeded $120 billion in 2021 and are projected to grow by 24% over the next three years.
April 03, 2023
US Credit Card Debt Increased by $46B in Q2 2022 as Inflation Woes Continue
Americans pile up credit card debt as surging inflation causes a record increase in consumer debt.
August 05, 2022
Babel Lost 8,000 BTC and 56,000 ETH While Trading Customer Funds
Cryptocurrency lending firm Babel Finance lost 8,000 BTC and 56,000 ETH (worth $280 million) in proprietary trading with customer funds.
July 29, 2022More from The Tokenist / Debt
China’s Evergrande Collapse Could Reveal Systemic Economic Fraud
September 21, 2021
Coinbase Sells $2 Billion of Debt Via Junk Bonds
September 15, 2021
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