Search result for Currency
The Rs. 2,000 note is being phased out of circulation but will remain valid currency until September 30.
A circular from the Reserve Bank of India dated May 19 announced the withdrawal of Rs 2,000 currency notes from circulation. The memo said that the notes will remain valid tender until September 30. According to the document, the RBI's "Clean Note Policy" necessitates the change. Th...
An Encyclopedia of Luxury Japanese Brands
In a digital currency sector that is one of the largest in the world but is still mostly unregulated, the problems with wemix, a digital coin produced by South Korean game company Wemade, last year were a wake-up call for investors and regulators alike. When it comes to "play-to-earn" v...
U.S. employment data boosts the dollar and yields, and gold prices fall.
On Thursday, gold prices dipped as the U.S. weekly jobs data suggested a tight labor market, which could keep the Fed on its rate-hiking cycle and support the currency and Treasury yields.
At 3:23 p.m. ET on Thursday, spot gold had fallen to $1,836.39 per ounce after gaining in each of ...
Seoul and Washington pushed to impose cryptocurrency laws to tighten North Korea's purse constraints.
The fact that North Korea launched 38 ballistic missiles in 2022, more than any other year, garnered international attention. However, the isolated nation was also in the news for its purportedly lucrative criminal cyber activities that generated billions of dollars, in addition to its constant s...
Harsh Goenka posts a photo of a Bengaluru tea vendor that takes cryptocurrency payments
Harsh Goenka posted a photo of a tea vendor in Bengaluru who took cryptocurrency payments. Shubham Saini, a tea vendor, also responded to the industrialist's post.
Harsh Goenka posted a photo of a tea vendor taking bitcoin payments.
Shubham Saini, the tea vendor, was from ...
Terraform co-warrant founder's for cryptocurrency collapse is denied by a court.
On Saturday, a Seoul court refused a request to detain Daniel Shin, co-founder of Terraform Labs, on suspicions of illicit profiteering prior to the dramatic collapse of the blockchain firm's cryptocurrency.
Prosecutors have also requested arrest warrants for three other Terraform L...
Attempts to combat inflation and a depreciating currency in Japan may require a $30 trillion stimulus package
Towards that end, a top legislator from the ruling party has suggested that Japan set its sights on roughly 30 trillion yen for the new economic package that will be drafted later this month.
After meeting with Prime Minister Fumio Kishida, Liberal Democratic Party policy head Koichi Ha...
Hodlnaut Suspends Withdrawals In Singapore
As a result of the announcement that was made by Celsius, the price of bitcoin resumed its previous downward trend, plunging by more than 6% to a price that was its lowest in the previous 18 months: $24,888. Ether, the second-largest cryptocurrency in the world, had a price decrease of more than ...
Retail CBDC pilot to be started by Bank of Thailand
The retail Central Bank Digital Currency (CBDC) pilot programme, slated to run from late 2022 to mid-2023, has officially begun, according to the Bank of Thailand.
The study, which will concentrate on the growth of retail CBDC and its potential effects across the banking sector, will ma...
Vauld, a cryptocurrency lender based in Singapore, halts withdrawals
In a blog post, Vauld CEO Darshan Bathija stated that the company was dealing with "financial troubles" as a result of "volatile market conditions, our key business partners' financial difficulties that ultimately affect us, and the current market climate."
The t...
Flowdesk, a French platform, earns $30 million to support cryptocurrency financial services
Interconnection with more than 60 cryptocurrency exchange platforms is permitted by the Paris-based provider of digital asset services.
The French provider of digital asset services currently permits connecting to more than 60 platforms for cryptocurrency exchange. With the additional c...
According to a European scholar, the UAE is a pioneer in cryptocurrency legislation
According to a leading European professor, the UAE, Japan, and Singapore have become the leaders in efficiently regulating the cryptocurrency sector.
According to Guy Burton, an adjunct professor of politics and international relations at the Brussels School of Governance, "as cryp...
Impact Of 3D Printing On UAE Residents
According to a poll, UAE people believe 3D printing technology will become prevalent in the country and will have the most positive influence on society. YouGov conducted an online poll of over 1,000 UAE people, asking them for their thoughts on 16 upcoming technologies. According to YouGov, amon...
Thailand prohibits the use of cryptocurrency for payment and places restrictions on trading and investing
Thailand has stated that cryptocurrency would no longer be accepted as a form of payment for goods and services.
The Securities and Exchange Commission (SEC) said on Wednesday that the prohibition will take effect on April 1.
"The SEC creates regulations for providing ser...
Upvest, based in Berlin, is now fully licenced to provide securities and cryptocurrency
Upvest, a fintech infrastructure provider, has gained five new licences from the German federal financial regulatory body, allowing it to provide investment brokerage and custody services to B2B clients via a single API.
With the perfect storm of negative interest rates, increasing infl...
The Age of Crypto Payment Cards is Finally Here
Absolute Markets Insights (AMI) reports that the global cryptocurrency based payment card market is projected to register a growth rate of 35.68% during the 2021-2029 period in its newly released report. This growth is attributed to the rise in the number of crypto transactions globally, which in...
Singapore Central Bank’s Guidelines Discourage Crypto Trading
On Monday, the Monetary Authority of Singapore issued guidelines limiting the promotional activities of the cryptocurrency trading service providers for the general public. The MAS intends to protect retail investors from potential risks by doing so.
Singapore is home to a number of cry...
Australian football league secures $25M deal with Crypto.com
Highlights :
- The Australian Football League and Crypto.com come together under a five-year partnership. Cryro.com will not only be the first major crypto sports sponsorship in Australia but also the first for women’s sports.
Co-Founder and CEO Kris ...
Crypto.com Expands Fund Size
Crypto.com is a cryptocurrency exchange app based in Singapore.
Founded in 2016 in Hong Kong. This app has more than 150 cryptocurrencies and more than 10 million customers worldwide. In about 90 countries with many cryptocurrency products.
Crypto.com is a one-stop for cryptoc...
Another big name to Enter Metaverse
- To produce and sell virtual goods Walmart has filed several new trademarks
- The filling patterns reflect the plans to create its cryptocurrency and NFTs.
Facebook, Bumble, Disney and many more along with Walmart plans to claim their corner of the metaverse.
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