County Major Financial News

01.03 / 20:11

Racing Financial Russia Races to Protect Financial System From Barrage of Sanctions

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.

01.03 / 15:53

Bitfinex STO Blockstream Bitcoin Bitfinex security token platform goes live in Kazakhstan

Major global cryptocurrency exchange Bitfinex is finally moving forward with its security token platform (STO) in Kazakhstan, opening the first day of trading.

25.02 / 15:57

Ethereum Adoption NFT Rakuten launches NFT marketplace to capitalize on growing adoption in Japan

Major Japanese e-commerce firm Rakuten has announced the launch of its own nonfungible token (NFT) trading platform dubbed Rakuten NFT.

15.02 / 16:59

Career coinbase Exchange Coinbase Plans to Increase its Workforce by Around 70% This Year

Major US-based crypto exchange Coinbase said it plans to hire up to 2,000 employees this year, increasing its total workforce by around 70%.

03.02 / 00:47

business Mining Electricity Texas Crypto miner in Texas shuts down 99% of operations as winter storm approaches

With Winter Storm Landon expected to hit parts of Texas this week, major crypto mining firms are powering down in anticipation of high demands on the state’s power grid.

31.01 / 13:25

Target Senate Nears Completion of Measures Targeting Russian Economy in Event of Ukraine Invasion

WASHINGTON—Bipartisan legislation aimed at striking the Russian economy if President Vladimir Putin invades Ukraine is nearing completion in the U.S. Senate, key senators said Sunday.

28.01 / 20:25

Target Action Strategy Biden Sanctions Plan Targets Russian Banks, Companies and Imports If Ukraine Is Attacked

WASHINGTON—The Biden administration is narrowing its targets for a barrage of economic sanctions against Russia if it attacks Ukraine—hitting major Russian banks, state companies and needed imports, though the strategy faces obstacles that have hindered previous pressure campaigns.

19.01 / 01:46

Digital Software Nikkei Bitcoin Thai Firms Pour Money into Bitcoin as Crypto Ownership Expands

Major Thai companies are heavily investing money into Bitcoin as the number of people estimated to own cryptocurrency in the Southeast Asian nation surged over 400% in 2021 from the year before to 3.6 million, Nikkei Asia reported.

08.01 / 04:09

cryptocurrency Adoption banking Major South Korean Securities Firms, Investors Warming to Crypto

South Korean investors are “finding it hard to resist the allure of crypto,” while a number of leading domestic securities firms have suddenly started producing reports on the sector – indicating that fund managers may be casting an eye on the markets.

30.12 / 11:19

regulation FATF AML South Korean crypto exchanges to follow Coinone in verifying private wallets

Major South Korean crypto exchanges including Upbit, Bithumb and Korbit will follow Coinone's lead in banning transfers to non-verified wallets, industry analysts say.

06.12 / 14:53

business regulation Banks Deal Indian Major Indian bank breaks ‘banking ban’ with WazirX crypto exchange deal

Kotak, India’s leading private bank, has reportedly become the first to open its gates to the crypto community, as per a report published in Economic Times.

01.12 / 14:58

Dogecoin business Adoption retail Online electronics shop Newegg to accept Shiba Inu crypto during holidays

Major American electronics retailer Newegg continues diving is enabling payments in major cryptocurrency and mem, Shiba Inu (SHIB).

26.11 / 18:19

Adoption Survey 26% of crypto investors in Japan tried out NFTs: Survey

At least one out of four cryptocurrency investors in Japan had an experience of holding nonfungible tokens (NFTs), according to a new survey.

22.11 / 12:21

Adoption Payments Investing Europe Bitpanda New Partner Lydia's 5.5M Users Will be Able to Invest in Crypto

Major French mobile financial services app Lydia is slated to offer its 5.5m users exposure to a wide range of crypto assets after a partnership with the Austrian crypto exchange Bitpanda.

08.11 / 18:59

Ban Bitcoin Power Major Swedish Power Company Defends Bitcoin Mining as Regulators Propose Ban

A joint statement from the directors-general of the Swedish Financial Supervisory Authority and the Swedish Environmental Protection Agency has called for a total ban on proof-of-work mining of cryptocurrencies, such as Bitcoin (BTC), within the EU. Meanwhile, Sweden’s state-owned power company is publicly defending crypto mining, saying it has the potential to balance the load on power grids.

05.11 / 15:31

business Blockchain Bitcoin Major American grocer Kroger to accept Bitcoin Cash

American grocery store chain Kroger is accepting cryptocurrency payments ahead of the holiday season.

02.11 / 06:41

business Hash Rate Genesis Digital Assets announces new data center in Texas

Major U.S.-based Bitcoin (BTC) mining firm Genesis Digital Assets is building a new data center in West Texas.

29.10 / 15:23

business Bitcoin Major Russian bank explores crypto investment amid strong demand

Tinkoff Investments, the online brokerage of major Russian private bank Tinkoff, is researching cryptocurrency investment services despite the Bank of Russia withholding the bank from launching such tools.

29.10 / 09:07

regulation Religion Major Indonesian Islamic organization declares crypto 'haram' — or forbidden

The East Java branch of one of Indonesia’s largest Islamic organisations Nahdlatul Ulama (NU) has issued a Fatwa deeming the use of cryptocurrency ‘haram’, or forbidden, under Islamic law.

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