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UBS Expands Blockchain Technology Push With Gold Tokenization Test
The future of gold trading may be shifting to the blockchain as UBS, one of the world’s largest financial institutions, successfully tests…
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Russian Banks Post Record Profits, But Lending Growth Slows
Russia’s banking sector enjoyed a historic year in 2024, raking in 4 trillion roubles ($40.7 billion) in profits. According to a Reuters…
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ECB Report Reveals Shifting Trade Concerns In European Manufacturing Sector
In a survey by the European Central Bank this January, European manufacturers have expressed deeper concerns about competition from Chinese imports compared…
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China Sparks Huge Uproar In The AI Industry With Its Cutting-Edge And Cost-Effective AI Model
China has launched a new cutting-edge AI model called DeepSeek. Released on Monday, January 20, this new model has shaken up the…
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Bitpanda, OKX, And Crypto.com Scores MiCA License
Bitpanda announced on January 27, 2024, that it had obtained the Market in Crypto-Assets (MiCA) license from Germany’s regulator BaFin. Rival crypto…
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Bitcoin Giant MicroStrategy Buys Back Debt Amid Tax Uncertainty
MicroStrategy, the world’s largest corporate Bitcoin holder, announced the redemption of $1.05 billion in convertible senior notes due in 2027. This decision…
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US Banks Seek Buyers For $3B In X Loans Following Revenue Slump
Wall Street banks are preparing to sell $3 billion worth of loans tied to Elon Musk’s acquisition of X, formerly known as…
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US President Unveils $500 Billion AI Venture: The Stargate Project
US President Donald Trump has announced the launch of a new AI company called the Stargate Project. This joint venture is mainly…
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Trump’s Memecoin Frenzy: Bernstein Predicts A New Chapter In Crypto Regulation
The debut of the $Trump meme coin could potentially mark a critical shift within the U.S. crypto regulation, as Bernstein analysts noted.…
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Crypto.com Gets EU MiCA Approval, Eyes Growth In Europe
Cryptocurrency exchange Crypto.com secured in-principle approval under the EU’s Markets in Crypto-Assets (MiCA) framework. This move positions the firm as one of…









