Tag : fintech

Business

China expands digital yuan network with 12 new banks

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BEIJING: China’s central bank has added 12 banks to the roster of institutions authorized to operate the digital yuan, widening the reach of the e-CNY and lifting...
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Argentina’s Milei in political turmoil over $LIBRA cryptocurrency crash

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Argentine President Javier Milei is facing significant political fallout after endorsing a cryptocurrency token that quickly skyrocketed in value before crashing, leading opposition lawmakers to...
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Nobel economist says Bitcoin will go bust, questions its utility

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Nobel Prize-winning economist Eugene F. Fama has made a bold prediction about the future of Bitcoin, suggesting that the world’s most popular cryptocurrency may become...
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Elliott Management warns of crypto collapse due to White House backing

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Hedge fund Elliott Management has issued a stark warning about the cryptocurrency market, describing it as a speculative bubble that is on the verge of...