Bipartisan momentum for stablecoin legislation is building, but challenges remain regarding “narrow banking,” where institutions hold deposits without lending, potentially starving the economy of credit. As Washington prepares for key hearings, the future of financial regulation hangs in the balance, with existential questions about federal oversight amid rapid technological change. The success of stablecoins will depend on balancing banks’ risk appetites with the borderless nature of cryptocurrency, raising geopolitical concerns about dollarization in emerging markets.
about Key Developments in Financial Regulation and Stablecoin Legislation in WashingtonSAP SE
0 in Finance and 0 in Crypto last weekEFG International Announces Board of Directors Reorganization Ahead of AGM
EFG International will see significant changes to its Board of Directors at the upcoming AGM on March 21, with four current members not seeking re-election. New candidates include Yvonne Bettkober, Luisa Delgado, Wanda Eriksen, and Konstantinos Tsiverioti, each bringing extensive experience in digital transformation, luxury goods, finance, and banking. Chairman Alexander Classen expressed confidence that these new members will contribute to the sustainable growth of EFG.
about EFG International Announces Board of Directors Reorganization Ahead of AGMGermany’s Economic Crisis Calls for Radical Reforms and Pragmatic Solutions
Germany is at a critical juncture, facing a prolonged recession and a government that has failed to address pressing economic issues. A radical shift towards pragmatic policies is essential, focusing on reducing taxes, cutting bureaucratic inefficiencies, and prioritizing education and innovation over ideological agendas. Without significant reforms, the country risks further economic decline and social division, as leftist policies threaten to undermine the foundations of prosperity.
about Germany's Economic Crisis Calls for Radical Reforms and Pragmatic SolutionsUBS Warns of 35 Percent Chance of Stock Market Bubble Formation
UBS analysts assign a 35% probability of a stock market bubble forming, particularly in high-value sectors like technology, as bond yields rise. They note that the P/E ratio for major tech stocks is currently at 34x, with a potential bubble emerging if it reaches 45x at 5.5% yields. UBS advises caution with non-financial cyclicals and recommends defensive stocks with low financial leverage, while suggesting that financials could serve as a hedge against populism and inflation.
about UBS Warns of 35 Percent Chance of Stock Market Bubble Formation