⚪️ Robinhood is now available In Hawaii and select U.S. 🇺🇸 territories.

The brokerage platform took advantage of Hawaii's recent change to money transmitter licensing to expand to the non-contiguous United States.

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⚡️ Bahamas 🇧🇸 to Mandate Banks to Distribute Central Bank Digital Currency.

The Bahamas, the first country to issue a central bank digital currency (#CBDC) called the #Sand Dollar, is preparing regulations to mandate commercial banks to provide access to the e-money to boost adoption.

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📊 Cathie Wood's Ark Invest is ranked as the #1 wealth-destroying fund family over the last decade, wiping out more than $14 billion of capital, more than double the #2 ranked wealth-destroying fund family

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📊 In Q1 2024, overseas investors invested $187 billion into US corporate bonds, the most in over 6 years.

This is a 61% surge from the prior year, according to Apollo Global Management.

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📊 Possibility of interest rate cut in September increases

@Fin_Watch