Economic superpowers are stepping up their efforts to break free from US dollar hegemony, raising the possibility of the emergence of a new global order. Jim O’Neill, a former chief economist at Goldman Sachs, urged the BRICS bloc to grow and challenge the dollar’s hegemony this week. He stated that
Yandex, the most popular search engine in Russia, now offers its users data on more than 140 of the most widely used cryptocurrencies in addition to information on the currencies of dozens of other nations. The newest update to the business’s currency converter now includes cryptocurrency rates, the company said.
TORONTO–(BUSINESS WIRE)–Banxa, the world’s first listed cryptocurrency payment gateway provider, today announced its integration with Metis, an organization committed to building a robust and decentralized layer 2 infrastructure to empower the web3 economy. Banxa’s fiat-to-crypto on-and-off ramp will enable Metis’ user base to benefit from Banxa’s enhanced payment methods and
According to reports, the Travel Control and Enforcement Unit (TCEU) of the Philippine Bureau of Immigration (BI) reported on Friday that it has rescued six suspected victims of a cryptocurrency trafficking ring. The passengers were about to board a Jetstar flight to Phnom Penh on January 15 when they approached
In an effort to preserve liquidity, venture capital company Digital Currency Group (DCG) has informed its shareholders that it would not be paying out its quarterly dividends until further notice. In a letter to shareholders dated January 17th. The company stated its intention on “strengthening our balance sheet by reducing
DUBLIN–(BUSINESS WIRE)–The “Cryptocurrency Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2022 to 2030” report has been added to ResearchAndMarkets.com’s offering. The global cryptocurrency market accounted for US$ 2,040.5 million in 2020 and is anticipated to grow at a CAGR of 7.2%
A U.S. bankruptcy judge determined on Wednesday that Celsius Network controls the majority of the cryptocurrency that users deposited onto its online platform. This implies that most Celsius users will be last in line for repayment in the crypto lender’s bankruptcy. According to a 45-page petition from the U.S. Bankruptcy
DUBLIN–(BUSINESS WIRE)–The “North America Blockchain and Cryptocurrency Market 2022” report has been added to ResearchAndMarkets.com’s offering. This publication summarizes the trends and developments within the market. The publication also reveals that the number of adults owning and using cryptocurrency in the U.S., is forecasted to double by 2023. Cryptocurrency is
Decentralized (DEX) crypto exchange Uniswap has collaborated with financial firm Moonpay to create a bridge between DeFi and traditional currencies. According to the cryptocurrency exchange, the partnership enables Uniswap users to buy digital assets using a bank account or supported credit or debit card. Fiat currency Entered into Uniswap Uniswap
DUBLIN–(BUSINESS WIRE)–The “Cryptocurrency: Global Strategic Business Report” report has been added to ResearchAndMarkets.com’s offering. Global Cryptocurrency Market to Reach $1.4 Billion by 2027 In the changed post COVID-19 business landscape, the global market for Cryptocurrency estimated at US$979.5 Million in the year 2020, is projected to reach a revised size
