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El Salvador Woos Global Investors: 0% Income Tax!
14.3.2024
In a bold step, El Salvador has introduced innovative measures that attract foreign investments by canceling pay taxes on world investments. The 0% rate for these funds means they will not be liable to pay any taxes, as opposed to the general 30%, and is seen as a big step in making the country...
EU Sets Global Precedent with Comprehensive AI Regulation Act
14.3.2024
The European Union has again set a global precedent by unanimously passing a landmark bit of comprehensive legislation to govern AI: The AI Act. According to the official press release, ministers in the European Parliament passed the AI Act on Wednesday with 523 votes for, 46 against, and...
Polkadot aims to evolve into a global supercomputer in Web3
14.3.2024
Polkadot has been identified as becoming the global supercomputer in Web3. This pertains to nearly replicating AWS’s tasks for the world right now. Amazon World Services uses servers. Polkadot, instead, looks to leverage blockchain and introduce Cores to serve the scalability aspect of Web3....
Global Surge in CBDC Exploration Leaves US Playing Catch-Up: Study
14.3.2024
An Atlantic Council study showed that 134 countries, or 98% of the global Gross Domestic Product (GDP), are currently exploring a central bank digital currency (CBDC). This number has surged from just 35 since May 2020.
The post Global Surge in CBDC Exploration Leaves US Playing Catch-Up: Study...
EXCLUSIVE: PropyKeys Launches Dapp on Base, RWA, AI and NFT Features for Minting Addresses and Deeds On-chain
13.3.2024
PropyKeys, deployed on Coinbases’s L2 network Base, allows users to mint a digital address – including global landmarks – corresponding to a tangible property.
The post EXCLUSIVE: PropyKeys Launches Dapp on Base, RWA, AI and NFT Features for Minting Addresses and Deeds On-chain appeared first...
Wall Street Whales Test Blockchain Waters: Goldman Sachs, BNY Mellon in Pilot
13.3.2024
Major institutions, including Goldman Sachs, BNY Mellon, and Cboe Global Markets, have successfully concluded a large-scale pilot test utilizing blockchain technology.
The post Wall Street Whales Test Blockchain Waters: Goldman Sachs, BNY Mellon in Pilot appeared first on Cryptonews
Coinbase Announces $1B Bond Sale
13.3.2024
Cryptocurrency exchange Coinbase Global, Inc., has announced a private offering of $1 billion convertible senior notes which will be due in 2030.
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Impact of China’s economic policies on US Dollar and global liquidity
12.3.2024
USD has always been considered the most reliable, safe, and stable currency of all time, and its role in global trade has made it the backbone of the global financial system. Besides, it has been the most widely used currency in foreign exchange transactions, international debt securities...
Report: Global Crypto Investments Surge to Record $2.7 Billion in Weekly Inflows
11.3.2024
In an unprecedented surge, global crypto investment products experienced a historic influx of $2.7 billion last week, signaling strong confidence among investors and propelling assets under management (AUM) back to December 2021 levels. Record $2.7 Billion Flows Into Crypto Investments in...
BlockDAG’s keynote: Masterkey opening up the global crypto presale market
11.3.2024
BlockDAG (BDAG)’s recent keynote unveiling has caused a stir worldwide, marking a transformative moment in cryptocurrency. This insightful presentation has showcased BlockDAG as a secure, profitable presale project amidst the crypto market’s volatility, heralding a new era in digital...
BlockDAG’s keynote: The catalyst for global crypto presale frenzy
11.3.2024
BlockDAG (BDAG)’s recent keynote presentation has made waves globally, signifying a pivotal shift in the cryptocurrency landscape. This presentation showcased BlockDAG as a beacon of secure and profitable presale investment in the fluctuating crypto market, ushering in a new chapter...
Bitcoin’s Climbing Value Outshines Global Silver Market in Historic Pre-Halving Surge
11.3.2024
Bitcoin’s ascent past the $72,000 mark has elevated its market capitalization beyond the combined worth of all the world’s silver. The cryptocurrency has seen a 52.7% increase in value relative to the U.S. dollar over the past month, with 41.1% of this uptick occurring within a mere...
Hong Kong Financial Institutions Eye Ethereum ETFs to Bolster Global Crypto Market Position
11.3.2024
In the wake of the successful launch of Bitcoin spot ETFs in the United States, financial institutions in Hong Kong are gearing up to tap into the growing demand for cryptocurrency investment products.
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BlackRock Plans to Acquire Spot Bitcoin ETPs for Its Global Allocation Fund
8.3.2024
BlackRock’s Global Allocation Fund to Invest in Spot Bitcoin ETFs
8.3.2024
BlackRock, the world's largest asset manager, announces spot Bitcoin ETF inclusion in its popular Global Allocation Fund. This move reflects BlackRock's expanding cryptocurrency investments, which include its own rapidly growing iShares Bitcoin Trust (IBIT).
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Blackrock Explores Bitcoin ETP Investments for Global Allocation Fund
8.3.2024
In a significant development, Blackrock, the world’s largest asset manager, has amended its prospectus for the Blackrock Global Allocation Fund to potentially include investments in bitcoin exchange-traded products (ETPs). This move, filed with the U.S. Securities and Exchange Commission...
Nigeria’s Central Bank Partners with Gluwa to Boost eNaira Amid Global Regulation Changes
7.3.2024
The Nigerian Central Bank has partnered with the blockchain-based financial platform Gluwa Nigeria to increase the adoption of its digital currency, the eNaira. This move seeks to address financial inclusion challenges and provide credit access to unbanked individuals.
The post Nigeria’s...
South Korea’s Bitcoin Premium Hits 2-Year High, Surpassing Global Rates by $4K
7.3.2024
The latest data reveals that the premium on bitcoin in South Korea has escalated to its highest level in more than two years. At 7:30 a.m. Eastern Time (ET) on Thursday, the weighted global average price for bitcoin hovers between $66,800 and $67,000, whereas on the South Korean exchange Upbit...
“Kimchi Premium” Returns: Bitcoin Trades at 10% Price Premium in South Korea Against Global Exchanges
7.3.2024
Bitcoin's infamous "Kimchi premium" has made a comeback, with the cryptocurrency commanding an average 10% price premium in South Korea compared to global exchanges.
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Digital Currency Group Files Motion to Dismiss Lawsuit by NY Attorney General
6.3.2024
Digital Currency Group (DCG), the parent company of the now-defunct Genesis Global Capital, has taken action to dismiss the lawsuit filed against it by New York Attorney General Letitia James.
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