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Photo credit: iStock.com/Jarvell Jardey Virtual currency kiosks — the ATM-like machines found in gas stations, convenience stores, and grocery stores that allow customers to buy and sell cryptocurrency with cash — have drawn the attention of state legislatures across the country. Lawmakers in nearly 30 states have introduced or passed crypto kiosk regulations in recent years. The emerging framework across most states centers on a common set of requirements: mandatory fraud warning disclosures, daily transaction limits, refund rights for fraud victims, blockchain analytics to screen for known bad actors, licensing under...

Wealthy mainland Chinese are increasingly shifting their attention and capital away from the US to other real estate markets amid rising geopolitical tensions between Washington and Beijing, according to property agents.In 2024, Chinese buyers’ demand for homes that cost more than US$5 million moved to Thailand, Australia and Canada, respectively, according to data tracked by Juwai IQI.By comparison, the US in 2023 was the top choice among Chinese buyers, according to the property portal, which has a network of over 50,000 real estate professionals across more than 30 countries.“Geopolitical friction,...

The dollar drifted lower on Monday after an early bump off a three-year low, as investor confidence in the world’s reserve currency remained in question following a stream of tariff-related pronouncements from US President Donald Trump.Investors braced for another volatile week as Trump’s imposition and then abrupt postponement of tariffs on goods imported to the US continued to sow confusion.The dollar reversed early gains as the Asian trading session got under way, languishing near a 10-year low against the Swiss franc at 0.8188.Sterling held to most of its 1.7 per...