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Thursday, June 10, 2021
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10 Jun 12:24pm Global banking regulators call for toughest rules for cryptocurrencies
The Guardian
Growth of crypto-assets threatens financial stability and could increase risks faced by banks, they warn Global regulators have said cryptocurrencies such as bitcoin should come with the toughest bank capital rules to avoid putting the wider financial system at risk should their value collapse suddenly. The Basel Committee on Banking Supervision, which consists of regulators from the world’s leading financial centres, is proposing a “new conservative prudential treatment” for crypto-assets that would force banks to put aside enough capital to cover 100% of potential losses.
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10 Jun 9:46am A billionaire buying bits of BT needn’t ring alarm bells | Nils Pratley
The Guardian
Move for 12% stake by Altice’s Patrick Drahi could be a good thing, though only time will tell A vote of confidence in the company? That’s always a board’s default spin on events when
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10 Jun 6:00am When podcasts go sour: can shows like Reply All come back from scandal?
The Guardian
Gimlet’s smash hit podcast returns from an enforced hiatus this week ... minus one of its hosts. But its future, and that of other shows blighted by controversy, is now precarious Last summer, Reply All’s reputation was at an all-time high. The long-running internet-themed podcast had recently released an episode about a man with a 90s pop song stuck in his head – a piece of music, it seemed, that nobody else on Earth could remember. The show’s hosts, PJ Vogt and Alex Goldman, gamely investigated, leaving no stone unturned and roping in some music heavyweights to help out. Expertly paced and impossible to second-guess, it combined a tantalising conceit with an incredible payoff.
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