Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. On May 12, Dubai’s Department of Finance signed a Memorandum of Understanding (MoU) with Crypto.com to process all government service fees in cryptocurrency. This agreement was formalized at the Dubai Fintech Summit. Residents… Continue reading Dubai Enters Agreement with Crypto.com to Power Government Crypto Payment Channel
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. On May 12, Metaplanet, a Japan-based investment firm, announced in a company release that it had purchased an additional 1,241 Bitcoins for roughly $126.7 million, paying an average of $102,119 per coin. With… Continue reading Metaplanet’s $127M Bitcoin Buy Tops El Salvador’s Holdings
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Pennsylvania’s Lehigh County Pension Board has voted to halt fresh purchases of Tesla (NYSE: TSLA) stock. The fund, which oversees investments of just under $600 million, becomes the first known case of a… Continue reading Pennsylvania Pension Fund Blocks New Investments In Tesla Stock
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Facebook’s parent company Meta is in talks with cryptocurrency firms to integrate stablecoin payments into its platforms. According to an exclusive report by Fortune, three sources disclosed that Meta reached out to several… Continue reading Meta Eyes Stablecoin Integration for Payouts Through Crypto Collaborations
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. On May 7, Acting Comptroller Rodney Hood of the U.S. Office of the Comptroller of the Currency (OCC) issued an interpretive letter, authorizing national banks and federal savings associations to buy and sell… Continue reading Regulator Confirms US Banks Can Legally Hold Clients’ Crypto Assets in Custody
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Binance, the world’s largest cryptocurrency exchange, has partnered with Bhutan to create a first-of-its-kind national crypto payment system for tourism. The collaboration between Binance Pay and Bhutan’s fully digital DK Bank enables travelers… Continue reading Bhutan Partners with Binance to Launch Crypto Tourism Payment System
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. On May 5, Tether minted another $1 billion USDT on the Tron network, increasing this year’s Tron mints to $9 billion and pushing Tron’s circulating USDT to $71.4 billion. Ethereum-based USDT maintains its lead with $72.8 billion in circulation,… Continue reading Tether Mints $1B USDT on Tron Network As Gap with Ethereum Narrows
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Tesla (NYSE: TSLA) has cut the financing rates for its new Model Y in the US. While it is usual for the company to offer incentives towards the end of the quarter, this… Continue reading Tesla Cuts Model Y Financing in New Signs of Demand Slowdown
At a recent BRICS meeting in Rio de Janeiro, foreign ministers discussed steps to reduce reliance on Western financial systems.
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. On May 4, the Maldives signed a deal with Dubai‑based family office MBS Global Investments to invest over $8 billion in a new financial-free zone called the Maldives International Financial Centre (MIFC). The project will cover 830,000 square-meter and focus on… Continue reading Maldives Bets Big on Crypto with $8.8 Billion Financial-Free Zone
