Uzbekistan’s National Agency for Prospective Projects (NAPP) has announced a new directive to raise the monthly fees for those involved in the crypto market within the country. This directive was issued on Tuesday, March 19, 2024, in anticipation that the sector’s revenue will double once the new structure is in place. Uzbekistan Implements Revised Fee...
New Zealand posted a merchandise trade deficit of NZ$218 million in February, Statistics New Zealand said on Friday. That beat forecasts for a shortfall of NZ$825 million following the downwardly revised NZ$1.089 billion in January (originally -NZ$976 million). Exports were worth NZ$5.89 billion, up from the downwardly revised NZ$4.82 billion in the previous month (originally...
The U.S. House Financial Services Committee Chair Rep. Patrick McHenry (R-NC) has suggested upcoming advancements in stablecoin legislation before the election. Speaking at a Coinbase event in Washington on March 20, McHenry noted that despite recent Congressional disruptions, a stablecoin bill is nearing readiness for a House vote, reflecting a bipartisan effort and significant groundwork...
The Polygon Proof-of-Stake (PoS) sidechain has successfully executed the Napoli hard fork, adding support for Dencun features and making it the first network to support RIP-7212. The Napoli hard fork introduces three significant upgrades from Ethereum’s recent Dencun hard fork, namely EIP-1153: Transient Storage, EIP-6780: SELFDESTRUCT, and EIP-5656: memory copying instruction. EIP-1153 aims to enhance the efficiency of block...
Cryptocurrency exchange OKX has emailed its users in India to inform them that it will discontinue its services there, urging them to withdraw their funds by the end of April. OKX was among the nine foreign crypto exchanges blocked in India after the local regulators issued compliance notices. OKX Shuts Down Services In India In...
The Singapore stock market on Tuesday ended the two-day slide in which it had slipped almost 15 points or 0.5 percent. The Straits Times Index now sits just beneath the 3,175-point plateau and it may extend its gains on Wednesday. The global forecast for the Asian markets is positive ahead of the Federal Reserve\'s monetary...
The Taiwan stock market has moved lower in two of three trading days since the end of the three-day winning streak in which it had advanced more than 210 points or 1.1 percent. The Taiwan Stock Exchange now sits just beneath the 19,860-point plateau although it\'s expected to open in the green on Wednesday. The...
The China stock market on Tuesday snapped the two-day winning streak in which it had collected almost 50 points or 1.6 percent. The Shanghai Composite Index now rests just above the 3,060-point plateau and it\'s likely to see additional support on Wednesday. The global forecast for the Asian markets is positive ahead of the Federal...
The Hong Kong stock market turned lower again on Tuesday, one day after snapping the three-day losing streak in which it had stumbled more than 370 points or 2.2 percent. The Hang Seng Index now sits just beneath the 16,530-point plateau although it\'s expected to erase those losses on Wednesday. The global forecast for the...
The Indonesia stock market on Tuesday ended the two-day slide in which it had slipped more than 30 points or 0.4 percent. The Jakarta Composite Index now sits just above the 7,335-point plateau and it\'s expected to open in the green again on Wednesday. The global forecast for the Asian markets is positive ahead of...