El Salvador, renowned for its move to adopt Bitcoin as legal tender in September 2021, has now introduced a cutting-edge online platform for tracking the country’s Bitcoin Treasury. The initiative, spearheaded by The Bitcoin Office, a Salvadoran government agency dedicated to overseeing Bitcoin-related projects, aims to offer public access to data on the country’s BTC...
Liminal, a leading Singapore-based custody services provider, has achieved a significant milestone in its global expansion journey with regulatory approval in Abu Dhabi. The company’s subsidiary, First Answer Middle East, received the first Financial Services Permission (FSP) from the Abu Dhabi Global Market’s (ADGM) Financial Services Regulatory Authority (FSRA), marking a pivotal moment in its...
MoonPay confirmed to Cryptonews on Monday that it has donated $1 million to the digital advocacy group Stand With Crypto ahead of the 2024 elections. “Today, two things are abundantly clear: this year’s election will define the future of our industry in the United States, and it is our responsibility to step up and stand...
President Joe Biden’s stringent crypto policies could jeopardize his re-election bid, according to Uniswap founder Hayden Adams. On May 13, Adams warned of the potential consequences that the administration could face at the November polls. Adams expressed concerns about President Biden and other Democrats’ perceived anti-crypto position, which could reduce the incumbent US president’s likelihood...
Digital asset advocacy group Stand With Crypto launched its own political action committee (PAC) on May 10, according to a Friday Reuters report. The committee will support pro-crypto politicians in the lead-up to the November 2024 elections. “The goal is to endorse candidates and support candidates that are protecting the rights of our advocates of...
The White House is reportedly set to nominate Kristin Johnson, a commissioner at the Commodity Futures Trading Commission (CFTC), to fill a top role at the US Treasury Department overseeing banks, according to a May 9 report by Bloomberg. According to the report, Commissioner Johnson is endorsed to become the Assistant Secretary of the Treasury...
The M2 money stock in Japan was up 2.2 percent on year in April, the Bank of Japan said on Monday - coming in at 1,260.1 trillion yen. That was shy of expectations for an increase of 2.5 percent, which would have been unchanged. From the March reading. The M3 money stock rose an annual...
The Singapore stock market has moved higher in two straight sessions, collecting more than 25 points or 0.7 percent in that span. The Straits Times Index now rests just above the 3,290-point plateau although it may stop the bleeding on Monday. The global forecast for the Asian markets suggests mild upside on conflicting factors in...
The Taiwan stock market bounced higher again on Friday, one day after ending the four-day winning streak in which it had advanced more than 480 points or 2.3 percent. The Taiwan Stock Exchange now sits just above the 20,700-point plateau although it may be stuck in neutral on Monday. The global forecast for the Asian...
The China stock market has tracked higher in back-to-back sessions, gathering more than 25 points or 0.7 percent along the way. The Shanghai Composite Index now sits just beneath the 3,155-point plateau and it may add to its winnings on Monday. The global forecast for the Asian markets suggests mild upside on conflicting factors in...