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News

Home » Archive by Category "News"
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25 May
News

China offers more forex hedging tools in wake of yuan volatility

  • May 23, 2022
  • Posted by poweradmin
SHANGHAI :China's foreign exchange regulator said on Friday it would offer new derivatives tools to help companies better hedge their currency risks, after recent huge volatility in the Chinese yuan. The State Administration of Foreign...

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23 May
News

Defi: The Next Level Of Crypto With Evergrow (Egc) And Gnox (Gnox)

  • May 23, 2022
  • Posted by poweradmin
Cryptocurrency as an asset class is evolving at a blinding pace and the days of Bitcoin (BTC) and Ethereum (ETH) being the most desirable assets are quickly fading. To borrow definitions from Peter Lynch and...

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22 May
News

WARNING – Malicious Parties Impersonating Infratrader

  • May 25, 2022
  • Posted by poweradmin
Warning! We have been notified by the authorities and our investigative team that malicious parties have been impersonating the Infratrader brand and likeness to trick less informed investors. We at Infratrader are not affiliated, associated,...

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20 May
News

Finance Minister vows to ensure stability in forex market

  • May 17, 2022
  • Posted by poweradmin
Thirty-year-old crypto billionaire Sam Bankman-Fried took aim at Bitcoin, the world’s largest cryptocurrency, saying it has no future as a payments network in an interview with Financial Times today. Bankman-Fried is CEO and co-founder of...

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18 May
News

Blockchain’s youngest billionaire roasts world’s biggest cryptocurrency

  • May 17, 2022
  • Posted by poweradmin
Thirty-year-old crypto billionaire Sam Bankman-Fried took aim at Bitcoin, the world’s largest cryptocurrency, saying it has no future as a payments network in an interview with Financial Times today. Bankman-Fried is CEO and co-founder of...

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16 May
News

Portugal Makes U-Turn on Cryptocurrency Tax

  • May 17, 2022
  • Posted by poweradmin
Reversing its previous hands-off stance, the nation will impose taxes on the exchange and sale of cryptocurrencies. Portuguese Minister of Finance Fernando Medina said cryptocurrencies will be subject to taxation in the near future, according...

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13 May
News

Naira Slumps To N595/Dollar, Forex Shortage Lingers

  • May 9, 2022
  • Posted by poweradmin
Naira last Friday crash and exchanged for the Dollar at N595 in the parallel market. According to some Bureau de Change operators who spoke with Punch, the dollar was bought and sold at 585 and...

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09 May
News

China’s forex reserves fall sharply in April, but overall stability to persist: official

  • May 9, 2022
  • Posted by poweradmin
China's foreign exchange reserves fell sharply in April as the prices of global financial assets declined significantly amid a strengthening US dollar, but the solid fundamentals of the Chinese economy will continue to support...

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06 May
News

South Korea’s Biggest Neobank Reportedly on Verge of Crypto exchange Banking Deal

  • May 10, 2022
  • Posted by poweradmin
Kakao Bank, South Korea’s biggest neobank and an affiliate of the internet giant Kakao, has refused to confirm or deny that it has struck a partnership deal with Coinone – one of the four...

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04 May
News

Stocks and cryptocurrencies are crashing today. Here’s why

  • May 10, 2022
  • Posted by poweradmin
After a short-lived rally on Wednesday, markets quickly lost their gains as sobering economic news kicked in. So much for the relief rally. One day after stocks shot upward in response to inflation news that...

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