County Major Financial News

23.05 / 16:53

Blockchain Adoption JPMorgan Banks Exploring Blockchain, Tokenization Again is a ‘Fire Signal We’re in a Bear Market’

Certain large investment banks are again exploring how blockchain technology and tokenization of assets can make their own operations more efficient -- but for some in the crypto community, the banks’ moves in crypto resemble something they have seen before.

19.05 / 03:07

Ethereum regulation coinbase security Coinbase Bets On 'Enterprise-Grade' Liquid Staking Business

Major US-based crypto exchange Coinbase is backing the development of the "first-ever" enterprise-grade liquid staking protocol, bringing know-your-customer (KYC) checks to the world of decentralized finance (DeFi).

06.05 / 14:17

Sport Africa Bitcoin Africa’s top golfers to shoot for Bitcoin prize on Sunshine Tour

Top golfers from Africa and Europe will be eyeing lucrative Bitcoin (BTC) payouts at the end of the 2022 season after a new sponsorship of South Africa’s Sunshine Tour.

05.05 / 17:45

Kraken Federal Reserve Bitcoin analysts Short-Term Relief Bitcoin Rally Likely After ‘Optimistic’ Powell, Major Bottom Could be Forming – Analysts

Bitcoin (BTC) and the broader crypto market went into a relief rally over the past day, after an expected 0.5 percentage point rate hike in the US and an “optimistic” outlook from US Federal Reserve (Fed) Chair Jerome Powell. According to one analyst, a major bottom could now be forming in crypto markets, while others argued that a relief rally could be short-lived.

29.04 / 10:55

Adoption goldman sachs banking Bitcoin Backed Goldman Sachs Confirms It Granted a Lender a Bitcoin-backed Loan

The American investment banking heavyweight Goldman Sachs has granted a customer a cash loan backed by bitcoin (BTC).

29.04 / 03:13

CBDC Adoption Tax Digital Yuan Now Being Used to Pay Taxes in Chinese Pilot Zones

Some Chinese citizens now appear to be paying their taxes in the digital yuan, with the pilot gathering pace in the nation’s fast-growing pilot area.

28.04 / 01:59

business Payments PayPal PayPal is shuttering its San Francisco office: Report

Major United States-based payment processor PayPal will reportedly be closing its office in San Francisco, while the headquarters in nearby San Jose will remain available to employees.

27.04 / 08:35

cryptocurrency Provident Digital CryptoExplainer freeze Freeze On Cryptocurrency Payment Options: Challenges Galore For The Industry

With crypto payment options frozen, challenges mount for the industry

21.04 / 18:27

business coinbase Deal Coinbase is planning to purchase crypto exchange BtcTurk in $3.2B deal: Report

Major United States-based cryptocurrency exchange Coinbase is reportedly planning to purchase BtcTurk for $3.2 billion.

19.04 / 13:03

Blockchain Digital Racing Animoca Brands Soon to Acquire Australia's Be Media for Blockchain Development

Hong Kong-based Animoca Brands has announced that it will soon acquire Australian digital marketing agency Be Media to explore the opportunities centred around blockchain development in the country.

14.04 / 08:53

Adoption Marketplace Japan’s most popular social messaging app Line adds NFT marketplace

Japan’s largest social media app, Line has officially launched its own non-fungible token (NFT) marketplace called LINE NFT.

30.03 / 15:05

Blockchain Kraken Lightning Network Bitcoin network bitcoin lightning Kraken users report Bitcoin Lightning Network availability

Major American cryptocurrency exchange Kraken reportedly started implementing the Bitcoin (BTC) Lightning Network for users a bit later than the firm originally planned.

24.03 / 15:17

Binance Tether Bitcoin Ruble Russian Ruble Crypto Trading Falls Again as Moscow Stock Market Opens, RUB Rises

The stock market in Moscow opened again on Thursday after staying closed for a month following Russia’s invasion of Ukraine. Meanwhile, crypto trading with Russian rubles (RUB) continues to see falling volume on the largest international exchange, Binance.

22.03 / 05:35

Ethereum cryptocurrency goldman sachs Bitcoin Cryptocurrency Prices Today on March 22: BTC continues to slide as ETH, ADA clock gains

The global cryptocurrency market-capitalisation rose 0.53 percent over the last 24 hours to stand at $1.87 trillion. Trading volumes also jumped 13.96 percent to $89.28 billion during this period.

22.03 / 01:03

Binance coinbase fees Binance Pay Coinbase Pay and Binance Pay: What Are These Solution & How Do They Differ

Major US-based crypto exchange Coinbase is taking a swing at both traditional payment companies and crypto-native competitors with the introduction of Coinbase Pay. The new solution, however, differs from existing payments solutions from competitors like Binance, for example, as the former is a way to fund Coinbase's browser-based wallet with fiat, while the latter is a way for users to fund accounts with fiat and send crypto to others for free.

16.03 / 10:15

Citi JPMorgan Citigroup Citigroup joins Goldman, JPMorgan and Deutsche in pulling back from Russia

Citigroup, the Wall Street bank with the biggest operations in Russia, is scaling back its business in the country.

15.03 / 12:05

Citi JPMorgan Citigroup Citigroup joins Goldman, JPMorgan and Deutsche in pulling back from Russia

Citigroup, the Wall Street bank with the biggest operations in Russia, is scaling back its business in the country.

10.03 / 19:03

cryptocurrency Adoption goldman sachs Goldman Sachs Leaves Russia, Reportedly Set to Increase Crypto Focus

Investment banking giant Goldman Sachs is reportedly stepping up its work on crypto by exploring whether it should offer over-the-counter (OTC) crypto options. The news came as the firm said it is leaving Russia, becoming the first major Wall Street bank to do so after the war in Ukraine started.

07.03 / 13:03

VISA MasterCard Russian Banks Look to China’s UnionPay after Visa, Mastercard Freezout

The American payments heavyweights Visa and Mastercard, as well as the card issuer American Express, have suspended their operations in Russia – joining an increasingly lengthy list of firms severing their trade links with the country. But Russian banks have indicated that they may look to domestic and Chinese alternatives to Western platforms.

02.03 / 21:43

foreign Financial Putin signs ban on leaving Russia with $10,000 of foreign currency as sanctions hit financial system

Russia sifted through the financial wreckage caused by Western sanctions, as its stock market remained closed and the government announced new measures to try to limit the damage to the economy.

02.03 / 11:05

foreign Financial Russia imposes temporary ban on foreign investors as sanctions hit financial system

Russia sifted through the financial wreckage caused by Western sanctions, as its stock market remained closed and the government announced new measures to try to limit the damage to the economy.

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