China Reportedly Weighs Permitting Yuan-Backed Stablecoins
The potential policy shift, aimed at boosting the international use of the nation's currency, would mark a significant reversal of Beijing's strict 2021 ban on all…
Showing posts with the label Business
Business
PayPal Phishing Scams: What You Need to Know to Stay Safe 🛡️
Cybercriminals are stepping up their game, and the latest target? PayPal users. A sneaky scam, dubbed the "no-phish phishing" attack, is making waves in the cybers…
Business
Could Société Générale be Acquired?
Emmanuel Macron's statements about a potential acquisition of Société Générale by the Spanish bank Santander shook the banking world. The prospect seems unlikely for now,…
Business
Caught Out by Temu: European Complaint Against the Platform
Several European consumer associations have lodged a complaint against the Chinese online shopping platform Temu. Accused of manipulating internet users and violating Europea…
Bitcoin
Philippine Lawmakers, Central Bank, SEC Discuss Crypto Regulation in Senate Hearing
The central bank and the Securities and Exchange Commission (SEC) of the Philippines discussed crypto regulation in a Senate hearing with the participation of several execut…
Bitcoin
Venezuelan Bolivar Plunges as Central Bank Stops Intervening and Public Spending Rises
The exchange rate of the Venezuelan bolivar, the national fiat currency of the country, has plunged 35.51% against the U.S. dollar this week as a result of various factors, …
Bitcoin
Nigerian BTC Peer-to-Peer Volumes Nearly $400M in H1 of 2022 — Significant Growth in Kenya and Ghana Volumes
Nigeria’s peer-to-peer bitcoin traded volumes of over $1.1 billion between January 2021 and June 2022 mean the West African nation is now Paxful’s largest market. Kenya, whi…
Bitcoin
Largest Southeast Asian Bank DBS Sees Crypto Trading Volumes Soar as Investors Bought the Dip
DBS, the largest bank in Southeast Asia, says that it has benefited from the recent crypto market sell-off. The trading volume of its crypto exchange nearly doubled in July,…
Bitcoin
SEC Chairman Says Crypto Should Be Treated Same as Other Capital Markets
SEC Chairman Gary Gensler says that there is no need to treat the crypto market differently from other capital markets. Noting that “the SEC will serve as the cop on the bea…
Bitcoin
IMF Sees Significant Increase in Correlations Between Bitcoin and Asian Equity Markets
Officials at the International Monetary Fund (IMF) say that the correlation between the performance of the Asian equity markets and crypto assets such as bitcoin and ethereu…