English News

(Coin Telegraph)-18/09/2024A blockchain-based ledger for payments and settlements could eventually help the United Kingdom’s finance industry, which processes $14.5 trillion worth of payments a year, says the country’s finance trade body.The Sept. 17 comments from UK Finance came after the end of what it said was a successful experimental phase of the Regulated Liability Network […]

(Coin Telegraph)-18/09/2024The Hong Kong government will reportedly issue policies for the finance sector around the use of artificial intelligence by the end of October. By introducing new policies, Hong Kong authorities aim to increase the use of AI in Hong Kong’s traditional trading, investment banking and cryptocurrency markets. Hong Kong’s Financial Services and the Treasury Bureau (FSTB), […]

(Crypto News)-18/09/2024The Atlantic Council’s latest report shows that 134 countries, representing 98% of the global economy, are now exploring central bank digital currencies (CBDCs), up from 35 in 2020.Additionally, 66 nations have advanced their efforts. Meanwhile, the Bahamas, Jamaica, and Nigeria have already launched CBDCs and are expanding the reach of their retail versions within their countries.Moreover, […]

(Crypto News)-04/09/2024The majority of traders on Polymarket are betting on a reduction in the federal funds rate as the Federal Open Market Committee (FOMC) meeting, scheduled for September 17-18, approaches.Data from the decentralized betting platform shows that 77% of traders expect a 25 basis point cut, reflecting a strong consensus on this outcome.The bet, which […]

(Crypto News)-04/09/2024Binance, one of the world’s leading cryptocurrency exchanges, announced today that it will transfer its South African derivatives operations to its Bahrain subsidiary, Binance Bahrain B.S.C. (c).This unexpected move by Binance aligns with the regulatory frameworks of South Africa and Bahrain, ensuring continued compliance and service provision in both countries.South African users who wish to continue […]

(Coin Telegraph)-04/09/2024While many United States crypto advocates have thrown in their lot with former President Donald Trump in the upcoming presidential elections, some of his policies run counter to the deflationary and decentralized principles on which the industry was founded.Trump has secured strong support within the crypto community since making several clear statements that he would support […]

(Coin Telegraph)-04/09/2024A group of crypto industry leaders is organizing a fundraiser to support U.S. Vice President Kamala Harris, aiming to influence her stance on cryptocurrency should she win the presidential election in November.The fundraiser, scheduled for September 13 in Washington, D.C., seeks to raise $100,000, with ticket prices ranging from $500 to $5,000, according to […]

(Coin Telegraph)-04/09/2024Nexo is resuming new user registrations in the United Kingdom after a 10-month pause in the onboarding process.The crypto lending platform implemented multiple key updates in response to the regulatory guidelines set by the UK’s Financial Conduct Authority (FCA), according to an announcement shared with Cointelegraph.Nexo’s new onboarding flow is more aligned with the […]

(Coin Telegraph)-28/08/2024Bitcoin rallied to $65,000 over the weekend (Aug. 24 to Aug. 25), extending the three-week recovery from the Aug. 5 crash to $49,500. With prices returning to many investors’ comfort zones, traders are probably wondering whether to expect more of the same range trading, consolidation or a range expansion to new highs. Let’s look at a few […]

(Coin Telegraph)-28/08/2024American stock exchange market Nasdaq is reportedly seeking the approval of United States regulators to launch options on a Bitcoin index. On Aug. 27, the exchange operator announced that it wants to have index options on a Bitcoin index to give institutions and traders a different way to hedge their exposure to Bitcoin. Bitwise chief investment officer Matt […]

(Coin Telegraph)-28/08/2024Major global cryptocurrency exchange Binance seized cryptocurrency from Palestinians as per request from Israel, according to sources from a prominent industry executive.Ray Youssef, co-founder of the peer-to-peer (P2P) crypto platform Paxful and CEO at Noones P2P platform, took to X on Aug. 26 to report that Binance confiscated funds from Palestinians upon the Israel Defense Forces […]

(Coin Telegraph)-28/08/2024Multiple French government websites have gone offline in a denial of service (DDoS) attack believed to be linked to a Russian hacker group, according to multiple reports.The affected websites included the Administrative Court of Paris, the French Health Department’s ansm.sante.fr site, and the Court of Cassation’s page. Cointelegraph was unable to access the sites […]

(Coin Telegraph)-28/08/2024Bitcoin is seeing a fresh round of exchange withdrawals as its price action shifts toward $60,000.Data from onchain analytics platform CryptoQuant shows preliminary net outflows of 45,000 Bitcoin from exchanges on Aug. 27.Bitcoin exchanges see major withdrawal spikeBitcoin bulls may have temporarily run out of steam, but behind the scenes, there is already interest in “buying the […]

(Reuters)-21/08/2024Australia’s central bank is set to come under intense pressure to ease policy in coming weeks as government giveaways to alleviate the cost of living pull consumer prices sharply lower, even as core inflation stays stubbornly sticky.Data for July next week will likely show headline inflation diving back into the Reserve Bank of Australia’s (RBA) […]

(Reuters)-21/08/2024Chinese commercial banks’ net profit growth is continuing to slow mainly due to a decline in loan interest rates and narrowing net interest margin, a National Financial Regulatory Administration (NFRA) official said on Wednesday.The average interest rate of new issued corporate loans in the first seven months this year fell by 39 basis points compared […]

(Crypto News)-21/08/2024Turkey’s cryptocurrency market is heating up as major players, including Coinbase and KuCoin, vie for business licenses in the country.The wave of new applications comes after recent regulatory changes introduced by the Turkish Capital Markets Board (CMB), which requires crypto companies eager to establish operations in the country to apply for licenses.On August 9, […]