NEWS13 NOV 2022
New York Fed Partners with MAS to Research The Benefits of Wholesale CBDCs
The New York Innovation Center, as part of the Federal Reserve Bank of New York and Singapore’s Central Bank (MAS), has jointly announced…
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108 ENTRIES · LANG EN · SECTION SECURITY
NEWS12 NOV 2022
Consumer Confidence Plunges, Despite Waning Inflation – Study Reveals
According to the sentiment index released Friday, 11th November, consumers are significantly less optimistic about the current status of…
NEWS12 NOV 2022
Authorities In Cyprus Are Considering Revoking FTX EU’s Crypto License
Due to the broad contagiousness, authorities in Cyprus are considering removing FTX’s authorization to conduct digital asset trading in…
NEWS12 NOV 2022
EU Commission 2022 Eurozone GDP Predicts a Greater Decline in 2023
The European Commission forecast disclosed on Friday, 11th November, that the Eurozone Gross Domestic Product will rise more than…
NEWS11 NOV 2022
Rate Hikes See an End as U.S. October CPI Declines More Than Expected
The worst stage of the post-pandemic rate hikes appears to be over, following reports of a better-than-expected decline in the U.S. annual…
FX11 NOV 2022
Average Long-Term U.S. Mortgage Rate Top 7% This Week
The average rate on 30-year fixed mortgages returned to its previous 20-year highs when rates crossed the 7% threshold two weeks ago for…
NEWS11 NOV 2022
Rate Hikes See an End as U.S. October CPI Declines More Than Expected
The worst stage of the post-pandemic rate hikes appears to be over, following reports of a better-than-expected decline in the U.S. annual…
NEWS10 NOV 2022
The Earnings Season Is in Full Flow as European Markets Decline
The German DAX index was trading 0.1% down at 03:55 Eastern Time (08:55 GMT). On the other hand, the French CAC 40 index likewise had a…
SECURITY10 NOV 2022
EU Adopts Data Security Legislation For institutions Offering Cryptocurrency Services
On Thursday, politicians representing the European Union voted in favor of stringent surveillance rules for bitcoin wireless carriers and…
NEWS09 NOV 2022
EU Commission Suggests Negotiated Debt-Reduction Routes for EU Nations
The European Commission presented a proposal on Wednesday, despite the skepticism of certain countries, notably Germany. Modifying the EU’s…
NEWS08 NOV 2022
Nigeria’s Presidential Candidate to Use Crypto to Create 30 Million Jobs
Adewole Adebayo is a notable contender for the presidency of Nigeria. Blockchain technology implementation and cryptocurrency trading are…
NEWS08 NOV 2022
Fed’s Balance Sheet Underwater Due To Treasury Volatility
Fed’s undermined books were incited by increased volatility and low liquidity in the US treasury debt market. This begs the question,…
NEWS08 NOV 2022
Digital Symposium 2022: The Metaverse Won’t Displace Face-to-Face Meetings, Meta’s Head of Product Affirms
“I dare say that the gamespace is what the world wide web will be in the end.” While she appeared at the Digital Symposium in Lisbon the…
NEWS04 NOV 2022
Bakkt, A Digital Asset Exchange, To Pay $200 Million To Purchase Apex Crypto
Bakkt and Apex Fintech Solutions have a contract in place for Bakkt to buy Apex Crypto. The parent firm of Apex Fintech Solutions is Apex…
NEWS03 NOV 2022
Stocks Drop as Powell Warns of Further Fed Rate Hikes
The stock market fell significantly on Wednesday. This came as Federal Reserve Chair Jerome Powell warned that inflation was still too…
NEWS28 OCT 2022
By 2023, Japan Plans to Allow Digital Salary Payments
Companies and firms in Japan will soon be able to pay employees using money transfer fund vendors. Cryptocurrencies, meanwhile, are not…
FX23 OCT 2022
Asia’s FX Crashes on Fed Worries, Offshore Yuan Drops To All-Time Low
The value of the Chinese offshore Yuan hit a new low on Thursday. The bulk of other Asian currencies has also decreased at the same time.…
NEWS18 OCT 2022
After BAC Reports Profit and UK Tax U-Turn, U.S. Stocks Rise Strongly
Monday’s Dollar drops boosted equities. Investors expected bond market volatility to decrease before Wall Street results in the week. The…