China’s Tech Giants Push For Digital Yuan Adoption
While many central bank executives in the West like Christine Lagarde and Jerome Powell seem to be postponing the subject of central bank digital currencies (CBDCs), China is making considerable ...
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Tag: Europe
The US Targets Strict Bitcoin Regulations To Stop Crypto Ransomware Scams
The US government together with the private sector players are currently pushing for extensive bitcoin regulations to limit the use of cryptos as payment for ransomware attacks. An experienced panel ...
Bitpanda Raises $170 Million In Series B Funding
Reports have emerged that Austria-based cryptocurrency firm Bitpanda has closed a Series B funding round and raised $170 million in the process. the funding round was spearheaded by Valar Ventures ...
Will CBDCs Turn Out To Be Gigantic Flops?
With the current landscape for central bank digital currencies (CBDCs) heating up, most of the countries have accelerated their efforts to issue a CBDC. So far, China has had the ...
Oil Prices Tank As New COVID-19 Strain Increase Demand Worries
Oil prices plunged by over 3% on December 21, 2021, due to a fast-spreading new COVID-19 strain shut down much of the United Kingdom. This new wave resulted in tighter ...
Binance Visa Cards Now Available In Europe
The latest reports indicate that Ether payments are now available on the Binance Visa card that is now shipping to clients in the European Economic Area (EEA) zone. Binance, the ...
Europe’s Oldest Bank Launches Euro Stablecoin On Stellar
Germany’s Bankhaus von der Heydt, or BVDH, announced that it has launched a Euro stablecoin on the Stellar network. The bank alleges that the token is the first of its ...
The Current Oil Stocks Rally Might Not Be Sustainable
At first, it was Pfizer, then came Moderna. Both of these companies have provided the much necessary shot in the arm to the embattled oil sector. Their news about an ...
Gold (XAUUSD) Surges As Focus Shifts Back To Loose Monetary Policy
Gold gained 1% on November 10 after a sharp decline in the last session. The rebounded happened after focus returned to the possibility of more monetary stimulus to revive the ...
Gold Will Gain Massively After The US Presidential Election, Here Is Why
It is true to say that the US presidential election has been more of a distraction than a major influence on the gold market. But, expect the yellow metal to ...