China stole the spotlight in global markets as policymakers dropped hints of economic easing. Investors cheered the news, sending stocks higher from Hong Kong to Europe. The Politburo’s promise of a “moderately loose” monetary policy next year has sparked hopes for more support in a struggling economy. While some remain cautious, others see the shift […]

China’s stock rally is catching the world’s attention. Investors are rushing to buy Chinese stocks, leaving other Asian markets behind. After being out of favor for much of the year, Chinese stocks are roaring back. The latest government policies are helping. This sudden shift has drawn funds away from countries like South Korea, Thailand, and […]

Matrixport is a leading crypto financial services hub based in Singapore. The company has finalized the acquisition of Crypto Finance (Asset Management) AG (CFAM). Previously, CFAM was a subsidiary of Deutsche Börse. This strategic acquisition represents a major step in Matrixport’s expansion throughout Europe. It also enhances Matrixport’s regulatory position and strengthens its market leadership. […]

The UK is making moves to cement its place as a global leader in the crypto industry. With the introduction of the new Property (Digital Assets etc) Bill, the UK government aims to provide clear legal recognition for cryptocurrencies, NFTs, and other digital assets. This move will enhance protections for owners and businesses while offering […]

The European Central Bank (ECB) is making significant strides in the development of a central bank digital currency (CBDC), commonly referred to as the digital euro. This initiative aims to modernize Europe’s financial infrastructure, ensuring privacy, security, and ease of use. Privacy Measures in Digital Euro Transactions The ECB has placed a strong emphasis on […]

Apple’s latest technologies face a hurdle in Europe. The tech giant recently announced it won’t roll out its new AI features in the EU. This decision stems from concerns over the EU’s Digital Markets Act (DMA). Apple’s innovations, including Apple Intelligence, iPhone Mirroring, and SharePlay Screen Sharing, are caught in regulatory red tape. Apple AI […]

The Bank of England faces a pivotal decision as markets remain skeptical about an immediate rate cut, despite UK inflation hitting the 2% target. While headline inflation aligns with expectations, services inflation and wage growth persist at higher levels, complicating the central bank’s options. Dutch bank ING suggests a potential rate cut in August, reflecting […]

Kraken, a leading cryptocurrency exchange, is considering removing Tether (USDT) from its platform in the European Union. This move is in response to the upcoming Markets in Crypto-Assets Regulation (MiCA), set to take effect soon. The MiCA framework introduces stringent rules for stablecoins, potentially making it difficult for Kraken to continue supporting USDT in Europe. […]

Europe already introduced its comprehensive crypto law and now it also listed its first Bitcoin ETF, beating the US once more. Europe’s First Spot Bitcoin ETF Jacobi Asset Management has successfully launched Europe’s very first spot Bitcoin Exchange-Traded Fund (ETF) on Euronext Amsterdam. This move comes after over a year of waiting since its initial […]