Maxim Levoshin

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Category: The USA

  • If Cities Could Summarize Their 2025

    If Cities Could Summarize Their 2025

    If Cities Gave a 2025 Year-in-Review

    Berlin
    Looked chaotic, called it culture. Opened 47 concept spaces, closed 48.

    Paris
    Spent the year slightly disappointed in people, deeply in love with itself. Never apologized. Croissants remained reliably good.

    London
    Said interesting 12 million times—never meaning it in a good way. Still charging for everything, especially things that don’t work.

    New York
    Worked non-stop. Proud of it. Burned out slightly but considers it on-brand. Pumpkin spice lattes got more expensive, which feels correct.

    Dubai
    Bought another skyscraper—just because it could.

    Tbilisi
    Once again welcomed everyone, fed them, poured wine, and pretended nothing unusual was happening.

    Barcelona
    Planned to work. Didn’t. Launched another startup that’s just about to blow up.

    Amsterdam
    Stayed quiet, calm, followed the rules—and still ended up the weirdest in the room.

    Rio de Janeiro
    Meant to tidy up. Threw a carnival instead.

    So, which city was your favorite in 2025?

  • Where Millionaires Are Moving in 2025

    Where Millionaires Are Moving in 2025

    Millionaires on the Move: Where the Rich Live Now

    In 2025, the world has finally made up its mind on where the rich belong.
    Spoiler: it’s not London.

    Why the Wealthy Are Flocking to the UAE and US

    The UAE is gaining nearly 10,000 millionaires this year. The old formula of "no taxes, lots of sun" still works. The US is also attracting wealthy newcomers—apparently offering not just taxes, but Netflix in its original version. Italy isn’t luring people with low rates, but more likely with pasta and Tuscan views.

    London Leads the Rich Exodus: Down 16,500

    The UK is topping a much less glamorous chart: it’s losing 16,500 millionaires. That’s not a slow leak—it’s a full-on evacuation. China (-7.8K) and India (-3.5K) are also high on the list of departures, likely in search of Dubai’s sunshine and Switzerland’s chocolate.

    Global Migration of Wealth: A New Map

    If millionaires are a flock of birds, then London, Delhi, and Beijing have become the skies to escape from. And Dubai? The juiciest, shiniest bird feeder on the planet.

  • US Passes GENIUS Act: Stablecoins Face Harsh Regulations

    GENIUS Act: The Silent Revolution in US Crypto Regulation

    While the world was busy debating Bitcoin and decentralization, the U.S. quietly — and swiftly — passed the first-ever nationwide crypto mega-regulation: the GENIUS Act. Trump’s signature is just days away. Here's what it really means:

    Free-floating stablecoins are now illegal

    Issuing a stablecoin without a license? That’s now punishable by up to $1 million in daily fines or five years in prison — even for foreign companies or platforms that merely facilitate trading such tokens.
    Yes, DeFi wallets are included if they support unauthorized coins.

    Want to issue a stablecoin? Be a bank.

    Must hold 100% reserves in cash or short-term Treasuries. No interest payouts to holders. Audited public reports certified by both CEO and CFO. Any breach? Criminal liability

    Foreign issuers locked out

    Stablecoins from abroad are banned unless they:

    - Register with U.S. regulators

    - Hold reserves in U.S. banks

    - Operate outside high-risk jurisdictions

    Not the digital dollar… but close

    This isn’t the official digital dollar, but it’s a monopoly on its creation. Only Treasury-approved entities can issue them. Even holding a stablecoin without a license could be problematic. This might be the beginning of the end for private stablecoins in the U.S.

    GENIUS: Nice acronym, tighter control

    Sure, Guiding and Establishing National Innovation for US Stablecoinssounds visionary. But in practice, it means innovation now comes with a permission slip.

    Bottom line: The U.S. has chosen control over decentralization. You’re either in the system — or you’re out.

    Is this the digital-age Patriot Act?

  • LA Protests: California Sues Trump Over National Guard Deployment

    LA Protests: California Sues Trump Over National Guard Deployment

    В Лос-Анджелесе третий день протесты. Мигранты вышли на улицы, в ответ Трамп вывел Национальную гвардию. Штат Калифорния подаёт на администрацию президента в суд.

    Я ещё не доел попкорн от предыдущего сезона сериала “Трамп и Маск”, а тут спин-офф. С новым злодеем, новым губернатором и всё тем же сценарием: “Feds move in, state fights back.”.

    What California says

    California Attorney General Rob Bonta stated today:

    A) Trump violated the Constitution
    B) He had no right to command the National Guard without the governor’s consent
    C) The order is illegal, harmful, inappropriate — and not suitable for schoolchildren

    Governor Newsom backed him up: “This isn’t about security. It’s terror.”
    Trump’s reply? He suggested… arresting the governor. Elegant move. Pow pow!

    Protests, troops, lawsuits — another season of the show

    Yep, just like a bad Netflix series: migrants in the streets, military vehicles rolling through the city, the state suing the White House, and the president threatening arrests. Prime time, 2025.

    Fun fact: his is California’s 24th lawsuit against the federal government in just 19 weeks. Wild times.

    The real question: who’s next on Trump’s enemies list?

  • U.S. Supreme Court Clears Path for Mass Deportations

    U.S. Supreme Court Clears Path for Mass Deportations

    The U.S. Supreme Court has sided with Trump and effectively cleared the way for the deportation of hundreds of thousands of migrants — including those who have lived legally in the country for years.

    Who’s at risk

    Now at risk: people with humanitarian visas and temporary protected status. Venezuelans, Haitians, Nicaraguans, Cubans — all told “goodbye and good luck.”No stability. No guarantee you won’t be put on a plane tomorrow.

    And deportations have already started — even students. Some were expelled from Harvard as soon as their protected status was revoked. Education? Future? Forget it. You were never really welcome here.

    What’s coming next

    И это только начало: в очереди уже дело о лишении права на гражданство по рождению. То есть родился в США — и это больше ничего не значит.

    Is the Court opposed? Not really

    The Court may not love this direction — but it isn’t blocking it either. Balance between law and politics? Trump knows how to apply pressure.

    America is changing — and not for the better

    America is changing before our eyes. And it’s far from certain that the change is toward more freedom and fairness.