September, 2024

Bitcoin Taps $61,000 As Federal Reserve Slashes Interest Rates for First Time in Four Years
The Federal Reserve just cut interest rates for the first time since March of 2020, fueling volatility in global markets. The move marks the central bank’s shift from fighting inflation to respondin...

Department of the Treasury Sanctions Cambodian Senator Accused of Running Crypto Scams
The financial intelligence and enforcement agency of the U.S. Treasury Department is announcing sanctions against a Southeast Asian lawmaker and businessman. The Treasury Department’s Office of Fore...

Sui Surges Over 35% in a Week Amid Plans To Support Native USDC Stablecoin on the Layer-1 Blockchain
Layer-1 smart contract platform SUI Network (SUI) is surging after announcing plans to support the stablecoin USDC. In a new blog post, USDC issuer and payments platform Circle says that the network w...

Bitcoin Currently Forming a Bullish Chart Pattern, According to On-Chain Analyst Willy Woo – But There’s a Catch
Popular on-chain analyst Willy Woo is updating his outlook on Bitcoin (BTC), suggesting that the market is starting to look bullish. Woo tells his 1.1 million followers on the social media platform X ...

German Central Bank: Mergers Must Yield ‘Robust’ Competition
The chief of Germany’s central bank wants bank mergers to produce robust, competitive institutions. “We need strong and robust banks so that companies can tackle and finance their future tasks,”...

UK’s FCA Cautions Banks About Lowering Savings Rates Too Quickly
At a time when the market expects interest rates to continue dropping, the United Kingdom’s Financial Conduct Authority (FCA) is cautioning banks and building societies about lowering the rates they...

Amazon Teams With PayPal as Buy With Prime Shoppers Jump 50%
Amazon launched a new integration with PayPal amid a surge in Buy with Prime use. The eCommerce giant revealed several enhancements to its merchant and shopper offerings at its Accelerate seller confe...

JPMorgan Joins BIS Cross-Border Payments Project Using Digital Currencies
Some of the world’s biggest banks and payments firms are teaming to rethink cross-border payments. As Bloomberg News reported Wednesday (Sept. 18), the Bank for International Settlements (BIS) h...

Mastercard Offers Grants and Mentorship to Women Entrepreneurs in Canada
Mastercard is inviting women entrepreneurs in Canada to apply to receive one of 10 $10,000 CAD ($7,396) grants and access to mentorship opportunities to help them grow and scale their businesses. The ...

AI Regulation: Experts Ask for US Oversight as Diligent Debuts EU Compliance Tools
As artificial intelligence (AI) experts urge for greater transparency and oversight in a Senate testimony, California is enacting laws protecting actors from unauthorized AI cloning, highlighting the ...

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September, 2024

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