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Paypal Launches New Crypto Features for U.S. Business Accounts, Catering to Demand
Paypal has announced a new cryptocurrency feature tailored for U.S. business accounts, allowing merchants to buy, hold, and sell crypto. The move aims to meet rising business demand for digital currency capabilities, continuing PayPal's foray into the crypto space. However,... -
Terror Victims File Lawsuit Against DOJ Over Binance Settlement
A group of individuals affected by state-sponsored terrorism has taken legal action against the U.S. Department of Justice (DOJ), alleging it failed to allocate a significant portion of Binance’s $4.3 billion settlement to the Victims of State Sponsored Terrorism Fund.... -
Coinbase and SEC Battle Over Lack of Clear Crypto Regulations
Coinbase and the U.S. Securities and Exchange Commission (SEC) continue to clash over the need for clear regulatory guidelines for cryptocurrency in the U.S. On September 23, a U.S. federal appeals court in Philadelphia heard arguments about Coinbase's request for... -
El Salvador: Only 1.1% of $5.46B Remittances Use Cryptocurrency in 2024
Despite El Salvador being the first country to adopt Bitcoin as legal tender in 2021, the use of cryptocurrency for remittances has remained notably low. According to the Central Reserve Bank, only 1.1% of the $5.46 billion sent to the... -
Bukele’s Zero-Debt Budget Aims to Fix El Salvador’s $39B Debt Crisis by 2029
El Salvador's President Nayib Bukele has proposed a radical zero-debt budget plan aimed at steering the country's struggling economy towards recovery. With El Salvador currently grappling with high public debt and one of the highest inflation rates among dollarized economies,... -
Chinese Stocks Surge After Its Central Bank Announces Stimulus Measures
US-listed Chinese stocks are trading higher in US price action today following a 4.1% gain in the Hang Seng index after the Chinese central bank announced a flurry of stimulus measures to lower borrowing costs in a bid to support... -
Bitcoin Leads $321 Million Inflows After Fed’s Rate Cut: CoinShares Reports
On September 23, the latest report showed that the cryptocurrency market saw a significant inflow of investments, totaling $321 million last week. This marked the second consecutive week of strong gains, mainly led by Bitcoin, which alone attracted $284 million.... -
Kamala Harris Discusses Crypto for the First Time Ahead of US Elections
Kamala Harris, Vice President of the United States and Democratic Party's candidate for the 2024 presidential elections has publicly spoken about crypto for the first time in the lead-up to the November 5 election. Campaigns Focus on Crypto According to... -
Expert Analysis: How China’s Economic Slowdown is Set to Transform Global Trade
As China’s economy experiences a significant slowdown, experts are weighing in on how this shift will transform global trade dynamics. Ning Leng, an assistant professor at Georgetown University’s McCourt School of Public Policy, offered insights into these changes during a... -
Nayib Bukele and Elon Musk Discuss AI, Robotics, and the Future of Humanity at Texas Gigafactory
In a very important meeting held between two powerful individuals, El Salvador’s President Nayib Bukele and Tesla and SpaceX CEO Elon Musk met at the Texas Gigafactory to discuss artificial intelligence (AI), robotics, and the future of mankind. The meeting,...