ARCHIVE May2023
Ripple Talks Dubai Expansion, the Future of Cross-Border Payments and Financial Inclusion
Ripple, the enterprise crypto and blockchain solution provider, is expanding its presence in Dubai by opening a new office location in the Dubai International Financial Centre (DIFC); citing the region’s innovation-forward regulations, […]
Pakistan Supreme Court declares arrest of former PM ‘invalid and unlawful’ – JURIST
Pakistan’s Supreme Court declared Thursday that the arrest of former Prime Minister Imran Khan was “invalid and unlawful.” Pakistani authorities arrested Khan outside of the Islamabad High Court on Tuesday, sparking protests […]
UN rights council condemns Sudan violence amid mounting civilian casualties – JURIST
The UN Human Rights Council on Thursday narrowly passed a resolution condemning violations of humanitarian law amid the ongoing violence that has swept Sudan in recent weeks. The resolution, which slammed violations […]
A new world order seeks to prioritise security and climate change
After the cold war, America and Europe established an economic order based upon open markets, global trade and limited state meddling in the economy. Climate change was a distant threat. Allowing countries […]
The meaty mystery at the heart of China’s economic growth
Over the past few decades, the small, industrial city of Zibo has been best-known for its petrochemical output. In recent months, however, it has become the centre of a national barbecue craze […]
Gibraltar-Based Xapo Bank Launches Tether Stablecoin Payment Rails for Retail Customers
Xapo Bank, a fully licensed private bank that combines traditional banking with access to Bitcoin and stablecoins, has become the first licensed bank in the world to integrate Tether payment rails for […]
Terrapay receives strategic equity investment from Visa a month after raising €91.74M
London-based TerraPay, a global payments infrastructure company, on Wednesday, May 10, announced a strategic equity investment from digital payments giant, Visa. The announcement comes a couple of weeks after raising €91.74M in […]
India’s once-troubled banks are generating huge profits
People looking for tips on how to run a bank do not often head to Mumbai, and for good reason. On May 2nd India’s Supreme Court ruled that the fraud-investigation office could […]
Are America’s regional banks over the worst of it?
More people are paying attention to America’s regional banks than ever before. But it is difficult to work out the state of their balance-sheets. Recent data from the Federal Financial Institutions Examination […]
Standard Chartered Joins Forces With DIFC to Launch Digital Asset Custody Services in Dubai
Standard Chartered has signed a memorandum of understanding (MoU) with the Dubai International Financial Centre (DIFC), as the two look to collaborate in the digital digital assets space, including digital asset custody. […]
UAE Crypto Investors Saw 5x More the Total Gains Than the Global Community According to Chainalysis
The crypto market boomed in 2021, with users experiencing gains of $159.7billion. However, a year later this number plummeted with losses in the range of $127.1billion. According to research from Chainalysis, the […]
Colombia president suspends ceasefire with armed rebel group following attack on indigenous community – JURIST
Colombian President Gustavo Petro announced Sunday that his government suspended the ceasefire with the EMC group of rebels in the departments of Nariño, Cauca and Valle del Cauca. The announcement comes a […]
Bitget Wallet Launches BWB Token With Total Supply of 1 Billion
In late 2023, Bitget Exchange acquired BitKeep, the Web3 wallet, and transformed it into Bitget Wallet. Over half a year later, Bitget Wallet has launched its official ecosystem token, BWB. The Bitget […]
Latvia security service initiates criminal proceedings against European lawmaker over suspected collusion with Russian intelligence services – JURIST
Latvia’s State Security Service (VDD) was reported on Saturday to have initiated criminal proceedings against Tatjana Ždanoka, a European Parliament lawmaker (MEP) and Latvian citizen, on suspicion of cooperating with Russian intelligence […]
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