Crypto Exchange Bybit Withdraws From France in Response to Regulations
It has always been Bybit's primary objective to operate our business in compliance with all relevant rules and regulations, the company said in its post.
It has always been Bybit's primary objective to operate our business in compliance with all relevant rules and regulations, the company said in its post.
Bitcoin still has plenty of upside potential, but is it enough to make you a millionaire?
Political commentator and former Fox Television host Tucker Carlson raised eyebrows after he claimed that Bitcoin (CRYPTO: BTC) was created by the Central Intelligence Agency. What Happened: During a private event at the recently concluded Bitcoin 2024 conference in Nashville, Carlson poked fun at cryptocurrency maximalists for not knowing the real identity of the pseudonymous creator, Satoshi Nakamoto. Don't Miss: According to Cathie Wood, holding 6 Ethereum (ETH) could make you a millionaire,
The long-term outlook of the digital asset looks promising, with both Donald Trump and Vice President Harris looking to improve the cryptocurrency landscape in the United States.
The U.S. dollar fell in early European trade Friday after weak data fuelled fears of a sharp slowdown in the world's largest economy, potentially prompting the Federal Reserve to aggressively loosen monetary policy. Overnight, data showed U.S. manufacturing activity contracted at the fastest pace in eight months in July, while a gauge for employment fell sharply, raising the potential for a U.S. recession.
-- Most Asian currencies moved in a tight range on Friday as growing risk-aversion in global financial markets sparked some safe haven flows into the dollar, while markets awaited key nonfarm payrolls data for more cues.
-- Chinese consumer price index inflation grew less than expected in January as the new year holiday spurred limited increases in spending, while a sustained...
According to Odaily, Elvira Nabiullina, the Governor of the Central Bank of Russia, has stated that the regulatory body anticipates the widespread adoption of the digital ruble, Russia's central bank digital currency (CBDC), within the next five to seven years. Nabiullina emphasized that by 2031, the digital ruble is expected to become a familiar aspect of daily life. She highlighted the benefits of the digital ruble, such as free personal transfers and lower transaction fees for businesses, as key factors that will drive its adoption.
-- The Reserve Bank of Australia is no longer expected to hike interest rates in 2024 following some signs of easing inflation in the second quarter, Rabobank analysts said, although chances of a rate cut remained slim.