Search
Inflation in China Down to Lowest Number in More Than Two Years; Analyst Proposes Giving Cash Handouts to Avoid Deflation
13.5.2023
Inflation in China registered an increase of 0.1% year-over-year in April, according to numbers from the National Bureau of Statistics of the country, falling below expectations. Some analysts are already warning about the dangers of deflation, even calling on the Chinese government to deliver cash...
Coinbase Tries to Claw Back ‘Trust’ with Bitcoin Handouts after 2FA Gaffe
31.8.2021
The American crypto exchange giant Coinbase has vowed to win back the “trust” of the customers it spooked with a blunder that saw it send “roughly 125,000” people “erroneous notifications” about changes made to the security settings on their accounts. And the firm has been hoping to quell disquiet...
China Offers Medics Digital Yuan Insurance Policy for Covid-19
21.7.2021
China’s first insurance policy using the digital yuan for settlement has been issued in Shenzhen, local media reported. The new product, targeting medical personnel exposed to coronavirus risks, is offered by the country’s largest insurer, Ping An. The financial giant also has fintech...
Shanghai to Hand Out $3 Million in Digital Yuan Lottery
6.6.2021
As part of government efforts to get the digital yuan going, authorities in Shanghai will distribute $3 million worth of the central bank-issued currency among residents of Shanghai. The digital money will be dispersed through a lottery, a method that has already been implemented elsewhere...
SBI Subsidiary Boosts XRP Handouts by 67%
21.2.2020
The SBI Group, one of Japan's biggest financial services providers, will offer shareholders of its Morningstar subsidiary larger end-of-year XRP benefits. The current fiscal year ends on March 31.
The move marks the second time Morningstar, a financial news provider, has handed out XRP benefits...