Episode Details

31st March: Blockchain DXB Podcast 🎙️
❌#FAKENEWS on Inflation by AP? 💯FDIC Reverses U.S. Crypto Banking Policy ⭕ BitMEX founders Pardon 🚨Galaxy Digitals: $200M Settlement
❌ Fakenews & Misleading informaiton on Inflation by The Associated Press Article titled 'US consumers remained cautious about spending last month as inflation ticked higher' by Chris Rugaber raises some concerns. Article here https://shorturl.at/H56Yz
- The report in the article via the Bureau of Economic Analysis is here https://shorturl.at/kGOS9
- We at Blockchain DXB used OpenAI, Grok 3 Grok3, Google Gemini & VenusAI to assess the report & come to the conclusion that the article is hashtag#fakenews & hashtag#misleading Check out our episode we share our commentary on this
💯The statement only reflects one interpretation of broader trends, it is not fully supported by the report.
⭕ Here's an article by the same author on 12th March stating U.S. inflation slowed last month for the first time since September and a measure of underlying inflation fell to a four-year low, even as widespread tariffs threaten to send prices higher. Article here https://shorturl.at/wPOwy
✅ The Federal Deposit Insurance Corporation (FDIC) issued new guidance (FIL-7-2025) allowing FDIC-supervised banks to engage in crypto-related activities without prior approval, reversing its 2022 policy (FIL-16-2022). Acting Chairman Travis Hill called it a shift from the approach of the past three years, emphasizing risk management. The FDIC will collaborate with the President’s Working Group and other regulators to refine crypto-related policies.
✅Crypto-related activities include, but are not limited to, acting as crypto-asset custodians; maintaining stablecoin reserves; issuing crypto and other digital assets; acting as market makers or exchange or redemption agents; participating in a blockchain- and distributed ledger-based settlement or payment systems, including performing node functions; as well as related ac