News - page 34

Blockchain & Crypto

Hong Kong Responds to Questions About Use of Cryptocurrencies as Proof of Wealth

The Hong Kong government has for the first time answered questions about the use of cryptocurrencies as proof of wealth for an immigration scheme after a local accountant publicly revealed two cases where the respective digital assets were accepted.

Finance & Economics

Xi Jinping Urges Entrepreneurs to Show Their Talents

On Monday, February 17, President of the People’s Republic of China Xi Jinping delivered a speech at a rare closed-door symposium with the participation of entrepreneurs, urging them to show their talents in a new era for business in the Asian country.

Science & Technology

Amazon Reportedly to Delay Updated Alexa

The media published information according to which Amazon decided to push back the release of its updated Alexa voice assistant.

Blockchain & Crypto

Deutsche Börse CEO Says EU Needs Permanent CBDC

Stephan Leithner, chief executive officer of German securities marketplace Deutsche Börse, calls for financial reforms in the European Union, including establishing a permanent digital euro.

Blockchain & Crypto

Animoca Brands, Standard Chartered, HKT to Launch HKD Stablecoin

Standard Chartered Bank Hong Kong, Animoca Brands, and Hong Kong Telecommunications (HKT) in the framework of a new joint venture will issue Hong Kong dollar-backed stablecoin.

Science & Technology

Figure AI Reportedly in Talks for New Funding

The media, citing informed sources, published information according to which the robotics startup Figure AI is currently negotiating to raise financing for $1.5 billion which will increase the valuation of this brand to $39.5 billion.

Fintech & Ecommerce

Revolut Launches in Ukraine

Residents of Ukraine can now open European multi-currency accounts through Revolut Bank.

Science & Technology

Chip Designer Arm Reportedly Plans to Become Chip Manufacturer

The media published information according to which Arm, specializing in the development of chips, plans to become a manufacturer of microcircuits as part of its own transformation, which means broader prospects, including in the context of financial performance.

Finance & Economics

US Retail Sales Demonstrate Decline

In the United States, retail sales showed a decline in January, which turned out to be the largest in almost two years.

Science & Technology

OpenAI Seeks to Grand Expansion

OpenAI is currently one of the leading players in the global artificial intelligence industry, which since 2015 has gone from being one of the Silicon Valley startups with only a name and a very ambitious goal to perhaps the main source of transformation of the technological environment, now striving to scale its activities.

Fintech & Ecommerce

Affinity Africa Raises $8M to Expand Affordable Banking for Individuals and MSMEs

Affinity Africa, a Ghana-based digital banking platform, raised seed funding to provide affordable and accessible financial services to underserved and unbanked individuals and micro, small, and medium enterprises (MSMEs).

Science & Technology

Apptronik Raises $350 Million

Apptronik, a University of Texas spin-out specializing in building humanoid robots, on Thursday, February 13, announced a $350 million Series A round of financing.

Finance & Economics

Donald Trump to Impose Reciprocal Tariffs as Soon as April

President of the United States Donald Trump has ordered his administration to consider imposing reciprocal tariffs on Washington’s numerous trading partners.

Finance & Economics

UK Escapes Recession Threat

At the end of 2024, unexpected growth was recorded in the economic system of the United Kingdom, which is because the increase in public spending provided the Labour government with a kind of reprieve after negative indicators.

Fintech & Ecommerce

Stripe Reportedly Plots $85 Billion Employee Share Sale

The media published information according to which Stripe is currently in talks about selling stocks of employees at an $85 billion valuation.

Blockchain & Crypto

Visa and Fold to Launch Credit Card

Visa and Fold have collaborated to launch a credit card that offers bitcoin rewards.