China Warns of Global Financial Instability From US Economic Policies

China has urged the U.S. and other developed nations to assess the spillover effects of their economic and financial policies. “The economic and financial policies of the U.S. pose the biggest challenge to global financial stability,” according to the Chinese Ministry

Informe del FMI sobre la adopción de Bitcoin en El Salvador: Riesgos Evitados, pero se necesita transparencia

Según una reciente declaración de misión publicada por el Fondo Monetario Internacional (FMI), El Salvador ha adoptado bitcoin como moneda de curso legal y ha evitado riesgos hasta ahora. The IMF states that the risks have not materialized due to the limited use

Informe del Banco Mundial pronostica sombrías perspectivas económicas mundiales, Citando “acontecimientos adversos” y una “desaceleración duradera”

es enero. 10, 2023, el Banco Mundial publicó su informe Perspectivas Económicas Globales, afirmando que las perspectivas para la economía global y las condiciones económicas futuras son sombrías. Según el informe, 2023 Las previsiones de crecimiento se han recortado en todos los ámbitos., con…

Fiat-to-Crypto Company Ramp Raises $70 Million to Solve the Crypto Onboarding Problem

Ramp, a fiat-to-crypto company, has announced it has raised $70 million as part of its Series B funding round. The round was co-led by Mubadala Capital and Korelya Capital, with Balderton Capital and Cogito Capital participation. The company explained that these

El yen japonés cae al mínimo de 32 años frente al dólar estadounidense: se espera otra intervención de las autoridades

The Japanese yen’s exchange rate versus the U.S. dollar recently plunged to its lowest rate in 32 years — 147.66 JPY per dollar. The yen’s latest fall comes less than a month after its slip in September prompted authorities to enter

Brazilian Presidential Candidate ‘Lula’ Da Silva Signals Support for Central Bank of Brazil Involvement in Crypto Regulation

The presidential candidate that obtained most of the votes in the first Brazilian ballot round, Luis Inacio Da Silva, better known asLula,” declared that the Central Bank of Brazil should be responsible for building a cryptocurrency law framework. Lula also

ASIC Mining Rig Manufacturer Canaan Reveals $100 Million Stock Buyback Program

The application-specific integrated circuit (asico) manufacturer Canaan has revealed the firm is offering a stock buyback for up to $100 millón. Canaán’s chairman and CEO Nangeng Zhang highlighted in a U.S. Comisión Nacional del Mercado de Valores (SEGUNDO) filing that the move was

India’s Swadeshi Jagran Manch Calls for Outright Ban on Cryptocurrency

The Swadeshi Jagran Manch (SJM), an affiliate of the nationalist Rashtriya Swayamsevak Sangh, has reportedly passed a resolution demanding a ban on cryptocurrency in India. “Disobeying the ban should make person/entity liable to financial penalty,” the resolution states. Swadeshi Jagran Manch

Local Businesses in New York Urge Governor to Impose Statewide Bitcoin Mining Moratorium

The governor of New York state, Kathy Hochul, has been urged by a group of local companies to deny business permits to bitcoin miners. The letter specifically asks for thedenial of permits for the Greenidge Generating Station and the Fortistar