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Despite Potential Economic Slowdown; Citi Goes Big on Credit Cards

6.9.2019
When there is an economic slowdown, then the availability of credit dries up instantly and eventually, the government of the country’s central bank has to stimulate the economy through financial packages. Banks generally stop the tap as far as giving any kind of credit is concerned and eventually...

Malta Financial Services Authority Releases Three-Year Strategic Plan

6.9.2019
The MFSA, short for Malta Financial Services Authority, has released its strategic plan for the next three years, from 2019-2021. The authorities officially published the plan today which highlights the supervising priorities, as well as primary areas, which the MFSA aims to concentrate on through...

Alibaba Acquires NetEase for $2 Billion as Luxury Push Gathers Pace

6.9.2019
The e-commerce industry in China has grown at a truly remarkable pace over the last decade and the company that has decisively emerged as the biggest player in the industry is Alibaba. It is one of the biggest e-commerce companies in the world and due to the sheer size of the Chinese market,...

Trezor and Ledger Started This Fall With Two News

6.9.2019
Source: a video screenshot, YouTube, Cursed Mining Two major players in the hardware wallet industry, Trezor and Ledger had some news to their fans this week. While the first company implemented a new security feature, the second had good news for the ERC-20 token owners. What is Shamir Backup...

Femsa all set to Invest $3 Billion in Mexico Until 2021

6.9.2019
Over the years, plenty of gigantic corporations have come up in the country of Mexico, and one of the better-known ones from among them is the company Femsa. Over the years, the conglomerate has invested billions of dollars in different parts of the world. In a new development, which should come...

SM Entertainment Plans to Introduce its own Cryptocurrency

6.9.2019
SM Entertainment is one of Korea’s best pop talent companies, now planning to launch its in house blockchain initiative. The initiative is going to take the form of a native cryptocurrency, given the protests from the shareholders and a plunge in falling stock price. The technology director...

Bitcoin ETF: How SEC Exemptions Help Firms Offer Interim Products

6.9.2019
There are several exemptions the U.S. Securities and Exchange Commission (SEC) offers that allow companies to launch their bitcoin investment products without registration. While waiting for the SEC to approve their bitcoin ETF, some firms have taken advantage of these exemptions to offer...

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