X teams up with Visa to launch the X Money Account, offering secure instant transactions, challenging traditional banking.X Payments LLC holds 49 state licenses, setting the stage for nationwide expansion and compliance with financial regulations. X (formerly Twitter) has partnered with Visa to roll out the X Money Account. The announcement came from CEO Linda...
On January 27, the Arizona Senate Finance Committee approved a bill that would permit public funds to be invested in Bitcoin and other digital assets, with a 5 to 2 vote.If approved, the bill introduced by Senator Wendy Rogers and Representative Jeff Weninger will make Arizona the first state in the U.S. to allow the...
Japan’s Metplanet has announced a new campaign to raise $745 million to expand its Bitcoin holdings as it cements its position as “Asia’s MicroStrategy.”The company is in the top 20 largest BTC holders and has pledged to raise its holdings from 1,800 to over 10,000 by the end of the year in an ambitious “Bitcoin-first,...
Institutional investors added $1.9B to crypto after Trump’s Bitcoin-related executive orders.Bitcoin captured $1.6B of all inflows, while Ethereum secured $205M in investments. Recent presidential executive orders regarding Bitcoin have triggered a substantial wave of institutional investment in digital assets, with investment vehicles attracting $1.9 billion in the past week alone. This surge has pushed year-to-date...
JAKARTA -PT Dayamitra Telekomunikasi Tbk (MTEL)expands its fibre optic portfolio by acquiring PT Ultra Mandiri Telekomunikasi (UMT), a subsidiary of PT PP Infrastruktur (PPI), for IDR 650 billion. Theodorus Ardi Hartoko, President Director of MTEL, claimed that UMT acquisition has a strategic value in reinforcing business ecosystem and maintaining market share. “The consistency in consolidating...
JAKARTA - On Tuesday, December 4, foreign investors purchased 2.10 billion shares of digital company PT GoTo Gojek Tokopedia Tbk (GOTO) for a net volume of 319.86 million. This transaction contributed to the net foreign surplus of 572.64 million shares with the foreign buy volume at 4.37 billion shares, while the foreign sell volume at...
JAKARTA. The Composite Stock Price Index (IHSG) in trading on Wednesday (4/12) this week rose again by 1.82% or 130.75 points to the level of 7,326.76 per share. This is an upward rally that has lasted for 3 trading days since the beginning of this week. On Wednesday, the JCI was at its lowest point...
JAKARTA. Some of mining companies toppled Jakarta Stock Price Composite Index’s (IHSG) growth last week, only arriving at 7,114.26 or slipping 1.13% or 81.29 points lower from the week prior. Boy Thohir’s company, PT Alamtri Resources Indonesia Tbk (ADRO),sat at the tip of Top Laggards of IHSG last week, reporting significant decline of up to...
JAKARTA - PT Bank Negara Indonesia (Persero) Tbk (BNI) continues to demonstrate its commitment to supporting financial inclusion and encouraging a sustainable economy. In its strategic steps, BNI has collaborated with the Indonesian Disabled People Association (PPDI) through a special coaching and mentoring program for people with disabilities to become Agen46 partners. This strategic step...
The Australian dollar weakened against other major currencies in the Asian session on Wednesday, as slower domestic growth spurred bets that the Reserve Bank of Australia (RBA) is likely to cut interest rates in early 2025. Also, a private survey showed that Chinas services sector grew less than expected in November. Data from the Australian...