U.S. stocks rose Wednesday as traders awaited the Federal Reserve’s release of its policy meeting from earlier this month. The Dow Jones Industrial Average jumped 171 points, or 0.3%, higher. The S&P 500 rose 0.6% and the Nasdaq Composite advanced 1%, after posting a steep loss in the previous session. Investors are awaiting the latest […]
Stocks rise as investors await Federal Reserve update Read More »
Video game retailer GameStop Corp is advancing its reach into the Web3.0 ecosystem with the launch of its new digital currency wallet. As announced by the company, the new wallet is a non-custodial one, and it gives allowance to users to connect to decentralized finance (DeFi) platforms from within their web browsers. The company said allowance will be provided
GameStop Launches Self Custodial Wallet for Crypto, NFTs Read More »
Authorities in Thailand have formally introduced a value-added tax (VAT) exemption for transfers of cryptocurrencies through government-approved exchanges. The tax break, in force until the end of next year, will also apply to digital currency issued by the Bank of Thailand. Royal Decrees Enforce VAT Exemption for Crypto Trading in Thailand Investors moving cryptocurrencies and
Thailand Exempts Crypto Transfers From VAT Until End of 2023 Read More »
Michael Miebach joined a panel on central bank digital currencies during the World Economic Forum’s annual meeting. DAVOS, Switzerland — Mastercard (MA) CEO Michael Miebach made people gasp. He answered “no” when asked if SWIFT, the current interbank messaging system that allows for cross-border payments, will exist in five years’ time. He smiled during his
Mastercard CEO Teases CBDC Panel: SWIFT May Not Exist in 5 Years Read More »
The role will be tasked with raising awareness about Google Cloud’s Web3 initiatives in addition to eventually building customer demand for the related offerings. Following the establishment of a Web3 team under Google Cloud on May 6, tech giant Alphabet’s Google is now on the lookout for a full-time candidate to lead its Global Web3 marketing strategies.
Google seeks fresh talent to lead global Web3 team Read More »
Stripe, one of the largest payment processors in the world, just announced businesses will be able to convert any amount of payments into bitcoin. The functionality is available via a new app from Bitcoin Lightning Network infrastructure provider, OpenNode, on Stripe’s new app marketplace. Stripe simultaneously announced the launch of its app marketplace which allows
STRIPE TO ENABLE MILLIONS OF MERCHANTS TO CONVERT PAYMENTS INTO BITCOIN VIA OPENNODE Read More »
KEY POINTS Ripple will explore the possibility of an initial public offering once its lawsuit with the U.S. Securities and Exchange Commission has ended, CEO Brad Garlinghouse told CNBC. The SEC alleges Ripple, Garlinghouse and executive chairman Chris Larsen engaged in an illegal securities offering through sales of XRP. Garlinghouse’s comments come amid a cryptocurrency price
Crypto firm Ripple will explore IPO after SEC lawsuit ends, CEO says Read More »
Stalwart Gafisa, a major property development company based in Brazil, is making a long-term bet in the growing cryptocurrency market. The firm has announced that it has added Bitcoin as a form of a rent payment at its real estate properties. The move confirms Gafisa’s commitment to bringing decentralized retail payment options to its clients through safe,
Brazil Real Estate Developer Stalwart Gafisa Starts Accepting Bitcoin as Payment Read More »
A new report indicates that the metaverse might be a significant factor in the growth of economies in Latam and the world in the coming decade. The study, issued by Analysis Group, estimates that Latam might benefit from a surge of $320 billion or an approximate 5% of its GDP, in the next 10 years.
Report: The Metaverse Might Contribute $320 Billion to Latam’s GDP in the Next 10 Years Read More »
KEY POINTS Veteran U.S. diplomat Henry Kissinger says Washington and Beijing must seek to avoid putting Taiwan at the center of their tense diplomatic relationship. His comments come shortly after President Joe Biden said the U.S. would be prepared to intervene militarily if China invaded the democratic, self-governed island. Speaking at the World Economic Forum
