News - page 304

Finance & Economics

ECB Contemplates Development of Digital Euro App

The European Central Bank is exploring the prospects of creating a digital euro mobile application.

News

German Antitrust Regulator Investigates PayPal

Germany’s antimonopoly regulator has launched an investigation into PayPal.

Altcoin

TON Validators Will Vote to Suspend Inactive Addresses Holding $2.3B in Toncoin

Validators of the TON blockchain ecosystem will vote to determine the suspension of 195 inactive addresses holding 1.08 billion Toncoin.

Finance & Economics

US Biggest Banks Teams Up to Take On Apple and PayPal

The largest US banks are joining forces to create a digital wallet.

Blockchain & Crypto

Web3 Social Wallet Tribes Launches

Tribes, a Web3 messaging and group wallet app, launched after receiving $3.3 million a pre-seed funding round.

Blockchain & Crypto

UAE Backs Crypto Adoption With Trading Potential

The United Arab Emirates have been overt regarding their interest in crypto. Now, UAE’s Minister says crypto will ‘play a major role for the United Arab Emirate’s global trade going forward’.

Finance & Economics

B2B BNPL Playter Launches Credit Solution Paid

The UK-based provider of B2B Buy-Now-Pay-Later (BNPL) services Playter now allows suppliers to offer out BNPL payment plans to their customers

Blockchain & Crypto

America’s First Nuclear-Powered Bitcoin Mining Center

Cumulus Data will open America’s first nuclear-powered Bitcoin mining center in Pennsylvania.

Science & Technology

InsurTech Insured.io Introduces Payment Center

A new payment processing feature, Payment Center, will allow insured.io to customise automatic payments

Blockchain & Crypto

Binance SWIFT Banking Partner to Ban USD Transfers Below $100K

Binance’s SWIFT partner, Signature Bank, has set a minimum transaction limit of $100,000.

Finance & Economics

Survey: Nearly 20% of US Firms Expect to Reduce Headcount

A survey by the National Association of Business Economics testified that conditions in the US labor market are softening, and companies are no longer experiencing a shortage of labor.

Finance & Economics

Brazil and Argentina to Create Common Currency

Brazil and Argentina will soon begin preparations for the creation of a common currency.

Finance & Economics

Citadel Reports Record Profit of $16 Billion

In 2022, Ken Griffin’s Citadel brought investors a profit of $16 billion.

Fintech & Ecommerce

Nova Credit Allowed to Provide Credit References in the UK

Nova Credit is a cross-border consumer credit bureau that uses first-party data to enable immigrant consumers to apply for financial services using their international credit history

Countries

Danske Bank Releases Climate Action Plan

Danish Danske Bank has developed an action plan to combat climate change.

Blockchain & Crypto

SEC Fines Nexe Crypto Asset Platform for $45 Million

In the US, the Securities and Exchange Commission (SEC) fined the Nexo crypto asset platform.