by Jennifer George | September 27, 2024 | Cryptocurrencies, Currencies, News, Regulations
Dubai’s Virtual Assets Regulatory Authority (VARA) has rolled out a revised list of marketing rules for virtual asset service providers (VASP) in the Emirate. These guidelines outline various aspects of how VASPs must word the services they provide to...
by Priyanka Sharma | September 24, 2024 | Banking, Banking Regulations, Central Banks, Currency Markets Analysis, Economy, politics, Trending Now
In a bid to revive its flagging economy, China’s central bank has unveiled a major package of measures including plans to lower borrowing costs and allow banks to increase their lending. People’s Bank of China (PBOC) Governor Pan Gongsheng announced the...
by Jibran Munaf | September 22, 2024 | Cryptocurrencies
Mesh, a fintech company specializing in API-based financial solutions, has entered into a strategic partnership with CoinMENA FZE, a leading digital asset trading platform in the Middle East, according to a press release. This collaboration aims to enhance the ease...
by Jibran Munaf | September 22, 2024 | Cryptocurrencies, Markets
US-listed cryptocurrency stocks soared on Thursday after a half-percentage point interest rate cut by the Federal Reserve fueled risk-on sentiment among investors. The reduction in rates added momentum to an industry already riding high on significant wins earlier...
by Jibran Munaf | September 14, 2024 | Commodities, Currencies, Finance, Markets
The U.S. dollar dropped to its lowest point of the year against the yen, and gold surged to a record high on Friday as shifting expectations for a significant Federal Reserve interest rate cut drove market movements. Investors are now weighing the likelihood of a...
by Jennifer George | September 9, 2024 | Cryptocurrencies, Currencies, News
The US Bitcoin exchange-traded funds (ETFs) recently posted their longest run of daily net outflows since being listed in January 2024. The Bloomberg show highlighted that investors have pulled upward of $1.2 billion in total from the group of 12 ETFs over the eight...
