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Ahead of the 17th BRICS summit in July, Russia and China have proposed to launch a new ‘investment platform’ to boost the growth of member nations and rival the Western-led…
Cryptocurrency exchange Kraken has officially relocated its
global headquarters to Cheyenne, Wyoming. The decision follows several years of
involvement in the state’s digital asset initiatives.The development follows Kraken’s
recent launch of Kraken…
Key Points:The Mainland-Hong Kong Cross-Border Payment Link launches on June 22, 2025.It connects Mainland’s IBPS and Hong Kong’s FPS.Event strengthens Hong Kong’s position as a global financial hub.
The Cross-Border Payment…
Parataxis Holdings LLC has made a deal with Bridge Biotherapeutics Inc. to take control of the company with a KRW 25 billion ($18.2 million) investment. Plarataxis plans to turn the…
Key Points:Mainland China and Hong Kong launch cross-border payment system.Significant boost to trade and financial markets.Expected transaction cost reduction, faster settlements.
The People’s Bank of China and the Hong Kong Monetary…
As Pi Network gears up for its next big mainnet migration on June 28, users across the globe are facing problems that go far beyond minor glitches. KYC verifications are…
Elon Musk’s X platform is preparing to roll out
trading and payment features in a major expansion into financial services, as
the company continues to reposition itself beyond social media, the Financial
Times…
Plasma is gearing up to launch its stablecoin-optimized blockchain on mainnet by “late summer,” the company’s CEO told Decrypt.Paul Faecks, founder and CEO of Plasma, said that the blockchain will support…
Key Points:Linda Yaccarino reveals plans for investment features on X.Focus on transforming X into an “everything app”.Speculations arise over X’s potential market influence.
CEO Linda Yaccarino of social media platform X…