More stories

  • in

    Ripple Labs to revolutionize real estate industry through tokenization

    Antony Welfare, central bank digital currency (CBDC) adviser at Ripple, highlighted the growing global interest in CBDCs and stablecoins in a July 7 tweet. He emphasized that Ripple’s team is actively exploring practical applications for CBDCs and stablecoins, focusing on tokenizing real estate assets.Continue Reading on Coin Telegraph More

  • in

    California governor to stop fighting against parole for Manson follower

    (Reuters) – California Governor Gavin Newsom on Friday announced he would give up trying to deny parole to one of Charles Manson’s murderous “family” of followers, clearing the way to let Leslie Van Houten out of prison after more than 50 years.In May a California appeals court overruled Newsom and found Van Houten, 73, was entitled to parole from her life sentence. The governor could have appealed the decision to the California Supreme Court.”The governor is disappointed by the Court of Appeal’s decision to release Ms. Van Houten, but will not pursue further action as efforts to further appeal are unlikely to succeed,” Erin Mellon, the governor’s communications director, said in a statement.Van Houten’s attorney, Nancy Tetreault, said she would be paroled in weeks, NBC News reported.Van Houten was 19 when the murders were committed, making her the youngest of Manson’s devotees. The parole board recommended her for early release five times since 2016, but she was denied three times by Newsom and twice by his predecessor, fellow Democrat Jerry Brown.Manson died in prison in 2017 at age 83, having become one of the 20th Century’s most notorious criminals for directing a killing spree that terrorized Los Angeles in the summer of 1969. Manson directed his mostly young and female followers to murder seven people, including actress Sharon Tate, in August 1969 in what prosecutors said was part of a plan to incite a race war.Van Houten was convicted of fatally stabbing grocery owner Leno LaBianca and his wife, Rosemary, in their Los Angeles home on Aug. 10, 1969. The words “Death to Pigs” and “Healter Skelter” – a misspelled reference to a Beatles song – were found scrawled in the victims’ blood on the walls and refrigerator.The previous night, members of Manson’s cult broke into the Los Angeles hillside home that Tate shared with her husband, filmmaker Roman Polanski, who was away in Europe at the time.Tate, who was 26 and eight months pregnant, was slain along with four friends of the celebrity couple, including coffee heiress Abigail Folger and hairstylist Jay Sebring. (Reporting Daniel Trotta in Carlsbad, California; Editing by Kim Coghill) More

  • in

    Argentina delegation set to travel to US next week for IMF talks -source

    BUENOS AIRES (Reuters) -The Argentine government will send a delegation next week to Washington in a bid to finalize the renegotiation of its $44 billion loan with the International Monetary Fund (IMF), a source involved in the talks told Reuters on Friday.The delegation had initially planned to travel as early as June. The third-largest economy in Latin America intends to change the scheduling of disbursements set for the rest of the year amid soaring inflation, a weakening peso, and a historic drought that has hindered agriculture exports and diminished central bank dollar reserves.”The negotiation is fine, next week our team will be there (in Washington) all week. We are very close (to an agreement),” the source said on the condition of anonymity.The fund said through a spokesperson that current discussions are focused on support for reserves accumulation and improving fiscal stability “while recognizing the impact of the drought.”Grupo SBS said in a note that the renegotiation with the IMF rests on changing the exchange rate through a currency devaluation, but that “the government continues to refuse.”In June, Argentina was forced to pay the IMF $2.7 billion in debt using the last reserves of its Special Drawing Rights (SDRs) and a Chinese yuan currency swap so as not to weaken its U.S. dollar reserves.The government also this week postponed its $2.6 billion loan repayments for July until the end of the month, which include $1.3 billion that were due Friday.Argentines in August will vote in a primary nominating contest, ahead of the general election in October. More