Tag: finance | BizAndTech Newswire

finance

USDG Stablecoin Expands to Europe
Global Dollar (USDG), a dollar-backed stablecoin launched in November, is now available to consumers across the European Union. [contact-form-7] USDG is regulated by the EU’s Markets in Cr...

Aramco Charts Bold Digital Future to Transform Saudi Arabia
Saudi Arabia is harnessing advanced technologies to power its national digital transformation guided by a five-pillar framework, according to Aramco’s senior vice president of digital and informatio...

Here’s the $255,000,000,000 Threat That Visa and Mastercard Are Facing Right Now, According to Insiders: Report
Payment giants Visa and Mastercard are reportedly gearing up to fend off a quarter-trillion-dollar threat against their business models. Bloomberg reports that executives at the two companies – whic...

Standard Chartered Faces Lawsuit Related to Decade-Old 1MDB Scandal
Standard Chartered is reportedly facing a lawsuit in Singapore filed by liquidators who are trying to recover money from Malaysia’s sovereign wealth fund, 1Malaysia Development Berhad (1MDB). [c...

Circle and Deutsch Bank’s Crypto Custody Announcements Put KYC/AML Under Spotlight
Crypto has long been, and still can be, a safe haven for bad actors. That simple fact has long made digital asset custody a thorny issue. [contact-form-7] Providing a safe haven for crypto ...

Corporate treasuries double ETF Bitcoin buys in H1, signaling aggressive boardroom adoption
Public companies bought 245,510 Bitcoin (BTC) in the first half of the year, more than 2x higher than the 118,424 BTC absorbed by exchange-traded funds (ETFs) during the same period. The year-to-date ...

UniCredit to offer Bitcoin exposure to professional clients via BlackRock IBIT-linked certificate
European banking behemoth UniCredit is entering the crypto arena with a structured product tied to BlackRock’s spot Bitcoin exchange-traded fund (ETF), Bloomberg News reported on July 1, citing an i...

Exclusive Q&A with Bitget Wallet CMO Jamie Elkaleh on Zero-Fee Crypto Card Powered by Mastercard
Bitget Wallet has announced the launch of a zero-fee crypto card that enables real-time, onchain-powered payments — seamlessly connecting Web3 wallets with the global Mastercard network. The initiat...

Job Openings Rose in May, Led by Accommodation and Food Services
The number of job openings in the U.S. increased by 374,000 in May and reached 7.77 million on the last day of the month. [contact-form-7] That figure was up from 7.40 million at the end of ...

Bitcoin powerhouse Strategy nears S&P 500 inclusion as net income soars
Strategy (formerly MicroStrategy), the largest public holder of Bitcoin, is again making headlines—this time for potentially qualifying for inclusion in the prestigious S&P 500 index. On July 1, Jef...

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finance

January