Twitter X Payments confirmed
Twitter, or X as it is now known, has received the Rhode Island Currency Transmission License, which is required for cryptocurrency trading in the state. The license may allow Twitter…
Grayscale wins case against SEC, Bitcoin reacts
Bitcoin rises 5% amid Grayscale’s victory in its lawsuit against the SEC. A US federal appeals court has ruled that the SEC’s rejection of Grayscale’s application for a spot Bitcoin…
Saudi Arabia’s changing investment plans caused reserves to fall
Saudi Arabia’s foreign reserves fell by more than $16 billion last month as the kingdom allocates less money to its central bank and funnels more into riskier assets. The country…
Asia’s next step away from dollar
Vietnam, the Philippines and Brunei will join other major Southeast Asian economies in an interconnected QR code payment system that aims to reduce reliance on the US dollar – Nikkei…
Evergrande loses $2 billion in value as trade resumes
China’s Evergrande Group lost about $2 billion, or 80% of its market value, on Monday after trading of its shares resumed, a decisive move for the world’s most indebted company…