Cryptocurrency
In major move, El Salvador advances sale of state-run Chivo Bitcoin wallet –
Saniya -
Key TakeawaysIMF Mission Chief for El Salvador disclosed Monday that discussions regarding the wallet’s sale have reached advanced stages. As of Monday, government data indicates El Salvador holds 7,509 Bitcoin in its reserves, The International Monetary Fund (IMF) has confirmed that...
Entrepreneurship
How to Turn Skeptics Into Your Biggest Brand Advocates
Opinions expressed by Entrepreneur contributors are their own.Key Takeaways
The first step to overcoming skeptics in your industry is to learn who doesn’t believe in you and why.
You shouldn’t fear skepticism because it often masks interest. Work on proving your...
Cryptocurrency
IMF praises El Salvador’s 4% GDP growth as bitcoin tensions ease
The International Monetary Fund (IMF) praised El Salvador's stronger-than-expected economic growth in a statement on Monday.The update notably did not include previous IMF suggestions that El Salvador would be putting on hold its strategy of accumulating bitcoin BTC$87,860.44, something...
Entrepreneurship
The Competitive Advantage No One Is Talking About
Opinions expressed by Entrepreneur contributors are their own.Key Takeaways
Treating accessibility as a core product requirement, not a compliance checkbox, is a competitive advantage that most of your competitors are overlooking.
Building it in from day one costs 90% less than...
Cryptocurrency
Crypto.com says market maker boosts liquidity, denies trading edge on customers
Cryptocurrency exchange Crypto.com is building an internal market-making team as part of its expansion into prediction markets, a move the company says is fully aligned with federal regulations and intended to improve liquidity, even as market-making in outcome-based trading...
Cryptocurrency
Russia’s central bank proposes plan to allow retail investors to buy crypto –
Saniya -
Key Takeaways While Russians would be permitted to acquire and trade digital assets as speculative holdings, using crypto for commercial transactions would remain bannedNon-qualified investors would face an annual investment ceiling of 300,000 rubles—approximately $3,834 —when transacting through a single...
Cryptocurrency
Russian central bank acknowledges crypto mining as one factor behind Ruble’s rise –
Saniya -
Key TakeawaysCentral Bank of Russia Governor Elvira Nabiullina said that crypto mining is one of several factors supporting the national currency. As of December 22, the currency hovered around $0.01265 per rubleIn a major development, Russia’s central bank has, for...
Cryptocurrency
South Korean payment giant completes stablecoin payments pilot for foreign shoppers –
Saniya -
Key Takeaways Under the pilot, foreign users holding stablecoins in wallets partnered with BC Card were able to convert those assets into digital prepaid cardsBC Card has also formed a dedicated team to monitor developments in both domestic and global...
Cryptocurrency
Hong Kong Insurance Authority Proposes New Crypto and Infrastructure Capital Rules
The regulator unveils a draft framework imposing a 100 % risk charge on crypto assets and offering incentives for infrastructure investments. The Hong Kong Insurance Authority reportedly proposed on 4 December that it will open a public consultation from February...
Latest News
Somaliland: Why has Israel recognised the breakaway African state as independent?
Wedaeli Chibelushi,Ameyu Etana,BBC Afaan OromooandFarah Lamane,BBC SomaliAFP via Getty ImagesIsrael has taken the controversial decision to recognise the breakaway...