Sunday, August 1, 2021

Finance

Digital Yuan to Promote International Use of Chinese Currency, Experts Say

The new digital yuan, currently undergoing trials, can help to increase the international usage of China’s national fiat, experts have stated. As the...

Bitcoin Rewards Firm Lolli Raises $10M in Funding Led by Acrew...

The bitcoin rewards platform Lolli has announced the company has closed a $10 million Series A funding round on Wednesday. Lolli says the...

Ripple and SBI Collaborate to Launch On-Demand Liquidity in Japan —...

Ripple has launched its first On-Demand Liquidity (ODL) service implementation in Japan in partnership with SBI Remit, a large Japanese money transfer provider,...

Nigerian Central Bank Stops Forex Sales to Bureaus de Change —...

The Central Bank of Nigeria (CBN) recently announced the abrupt end to sales and outsourcing of foreign exchange to Bureau de Change (BDC)...

Goldman Sachs Files Defi ETF Application

Goldman Sachs, one of the biggest banking institutions in the world, has filed an application to offer an Exchange Traded Fund (ETF) linked...

DeFi projects face a painful dilemma right now as they seek...

Many DeFi projects face a painful dilemma: Should their protocols be designed for professional traders, or everyday consumers yet to embrace crypto in...

Analyst Jim Cramer Calls Ethereum the ‘Pied Piper of Crypto’ but...

CNBC’s stock analyst and crypto investor Jim Cramer says he’s still bullish on his choice to invest in ethereum after removing bitcoin from...

Crypto Companies Establish Presence, Hire Talent in Ireland

With a friendly attitude towards financial innovation, the Republic of Ireland has become a desired destination for fintech businesses that need unimpeded access...

Irish Banks Hail EU’s ‘Radical’ Anti-Money Laundering Push

Banks in Ireland have welcomed an upcoming reform of the European Union’s anti-money laundering regulations that will affect the crypto space. The Irish...

Strategist Mike McGlone Believes Bitcoin Can Jump to $60K Resistance vs....

The senior commodity strategist at Bloomberg Intelligence, Mike McGlone, has been long on bitcoin for a while now and he said last month...