Crypto Biz: PayPal’s stablecoin goes live, Bitstamp seeks capital, and Coinbase’s L2 By Cointelegraph
[ad_1] © PayPal PR In a move that can reshape the digital payments landscape, financial technology giant PayPal (NASDAQ:) has unveiled its United States dollar-pegged...
Maersk warns of slower demand for container shipping
COPENHAGEN, Aug 4 (Reuters) – Shipping group A.P. Moller-Maersk (MAERSKb.CO) warned on Friday of a steeper decline in global demand for shipping containers by sea...
Crypto Biz: Worldcoin plans to open source data, MicroStrategy preps for BTC halving, and more By Cointelegraph
[ad_1] © Reuters The launch of the controversial digital ID crypto project, Worldcoin, has stirred up a wave of attention and debate. Led by Sam...
Crypto Biz: Elon Musk’s X targets financial services, PacWest emergency rescue and more By Cointelegraph
[ad_1] Social media platform X — formerly known as Twitter — may soon advance plans to add financial services to its users, hoping to become...
European banks flag bad loan risks as global economy falters
[1/3]The headquarters of Germany’s Deutsche Bank are pictured in Frankfurt, Germany, September 21, 2020. REUTERS/Ralph Orlowski/File Photo LONDON/MILAN/MADRID, July 26 (Reuters) – Europe’s major banks,...
Crypto Biz: Binance slashes costs, Ripple ready for US banks and crypto VCs return By Cointelegraph
[ad_1] The crackdown on crypto firms by the United States Securities and Exchange Commission (SEC) appears to have severely affected Binance’s business. During the past...
S&P Global’s top economist sees dollar dominance diminishing
LONDON, July 11 (Reuters) – The dollar’s grip as the dominant global currency is loosening, credit rating agency S&P Global’s top economist said on Tuesday....
Bankruptcy filings surge in first half of 2023 in US, Epiq says
July 3 (Reuters) – U.S. Chapter 11 bankruptcy filings jumped 68% in the first half of 2023 from a year earlier, Epiq Bankruptcy, a provider...
Crypto Biz: The race for a Bitcoin spot ETF, Wall Street’s new crypto exchange and more By Cointelegraph
[ad_1] © Reuters. The bid for the first (BTC) spot exchange-traded fund (ETF) in the United States is gaining traction following BlackRock’s recent application, with...
Yellen to push for concrete actions at Paris debt summit
June 21 (Reuters) – U.S. Treasury Secretary Janet Yellen will press world leaders to take concrete actions at a summit this week on easing the...