Usa Financial News

Following Binance's suspension of its cryptocurrency debit card services, Binance is introducing a new product in Latin America called "Send Cash," which enables users from 9 countries in the region to transfer crypto using Binance Pay.

The news sent crypto prices surging on Tuesday, with Bitcoin gaining more than six per cent, pushing the $28,000 mark.Grayscale and other asset managers, including BlackRock, WisdomTree and Fidelity, have pushed for the SEC to approve spot bitcoin ETFs, which would allow people to invest in the crypto without having to won it themselves..

Bitcoin adoption in Argentina is surging, contrasting the more measured approach seen in El Salvador. As Argentina grapples with soaring inflation, its citizens are increasingly turning to Bitcoin, driven by economic challenges and political shifts.

Tether, the stablecoin issuer behind USDT, has reportedly added Britannia Bank & Trust, a private bank based in The Bahamas to process dollar transfers on its platform.

Stocks closed higher on Wall Street as two economic reports suggested the economy is cooling enough for the Federal Reserve to pause hiking interest rates

Stocks closed higher on Wall Street as two economic reports suggested the economy is cooling enough for the Federal Reserve to pause hiking interest rates

A company has bid $5.6 million to lease federal waters off the Louisiana coast for wind energy generation

The crypto community received the decision it had been hoping for when the District of Columbia Circuit Court of Appeals ruled on Grayscale Investments’ Bitcoin spot ETF application. The United States Securities and Exchange Commission (SEC) rejection of the application was overturned.

Fintech company Circle announced a partnership with Mercado Libre on Aug. 29 to bring the USD Coin stablecoin to Mercado Pago.

Miami Mayor Francis Suarez, one of the few cryptocurrency-friendly candidates running for president of the United States in 2024, has announced he will be suspending his campaign.

credit cards at TD Bank. High interest rates are supposed to slow spending by rewarding savers and making it more expensive to borrow money—including on a credit card. But so far, many credit-card users haven’t felt burdened by higher rates despite the Federal Reserve recently raising its benchmark rate to a 22-year high.

A London project to create the world’s largest low-emission zone took effect on Tuesday as authorities imposed a daily charge on the most-polluting vehicles, triggering a debate between those who see the move as a sensible step to clean up the air and those who say it amounts to a war on cars. While several big European cities like Berlin and Paris also impose charges on polluting cars and trucks, London has been a pioneer on the issue. It became the first major European city to force drivers to pay a congestion fee in 2003.

Binance, the largest cryptocurrency exchange has removed Banco de Venezuela as a payment option in its peer-to-peer services in the country.

Investing.com — U.S. crude oil stocks likely fell by more than 11 million barrels last week while inventories of gasoline and distillates rose, petroleum industry group API said in a preliminary report Tuesday, as refiners maxed output ahead of the Labor Day holiday that typically marks the peak of summer driving.

U.S. states targeting the LGBTQ2 community, Canada has updated its travel advisory for the country specifically advising people to check state and local laws before visiting.While overall travel advice around risk levels or health concerns has not changed for the U.S.

Real estate stocks added 1.4%. Asia In Asian stock markets, Hong Kong’s Hang Seng Index climbed 2% at 18,484.03. China's Shanghai Composite jumped 1.2% at 3,135.89.

Gains in the technology and base metal sectors helped lead a broad-based rally as Canada’s main stock index rose more than 150 points, while U.S. stock markets also pushed higher in late-morning trading.

Solheim Cup golf championships will be held in successive weeks. Stacy Lewis will be the captain of the Solheim Cup Team America. It will have 12 golfers including those who will have wild card entries. She is a part of the PGA Tour. Lewis has selected Ally Ewing, Cheyenne Knight, and Angel Yin for the final spots. Talking about the selection, she said, “These three women earned their spots on this team, putting themselves into contention both with their play on the course and their teamwork off the course." While Team U.S.A. has performed well in the last two years, Team Europe will try to register its third consecutive win in Finca Cortesin Golf Club, Spain. Captain Zach Johnson has revealed that he has selected six wild card entries for the Ryder Cup 2023. He has picked up Scottie Scheffler, Wyndham Clark, Brian Harman, Patrick Cantlay, Max Homa, and Xander Schauffele as wild card entries. On the other hand, the Omega European Masters will offer one final chance for players to earn qualification points in their pursuit of featuring for Team Europe.

The SEC’s loss in court Tuesday means that the agency must go back and review Grayscale’s spot bitcoin ETF application — but don’t expect any products to come to market soon.

CNBC. Many companies had cut their ad spending on the platform over concerns that Musk's thinning of content restrictions was enabling hateful and toxic speech to flourish. (With inputs from agencies)

A federal judge has overturned the United States Securities and Exchange Commission’s decision to deny an exchange-traded fund (ETF) offering from Grayscale Investments through its Bitcoin (BTC) Trust, but many experts have pointed out the court ruling will not automatically lead to the first spot BTC ETF in the country.