Browsing Tag

economy

US inflation was subdued

The year-on-year inflation rate in the United States stood at 8.5 % last July, six tenths below the 9.1 % observed in June and the lowest rise in prices since last April, according to the United States Bureau of Labor Statistics. The…

Spanish airports will have Bitcoin ATMs

The Spanish startup Bitbase announced that it reached an agreement with the Spanish Airports and Air Navigation agency (AENA) for the installation of cryptocurrency ATMs. According to the official statement, initially four spaces were…

Hodlnaut suspends cryptocurrency withdrawals

Cryptocurrency lending and trading platform Hodlnaut has decided to suspend all withdrawals and token swaps as a result of recent conditions in the markets, the company reported. "We regret to inform you that we will be suspending…

The Bank of Thailand will work on tests with CBDC

The Bank of Thailand (BOT) announced that it will soon take the development of its own CBDC to the pilot stage, which is scheduled to start at the end of 2022. As detailed by the financial institution, the real application of this will…

Gucci incorporates payments with Apecoin

Gucci, the Italian clothing brand, announced the addition of the digital asset Apecoin, affiliated with the Bored Ape Yacht Club collection, as a payment method. The luxurious company thus becomes, from August 1st, the first of its kind to…

Alibaba will seek to remain on the New York Stock Exchange

The Chinese e-commerce giant Alibaba assured that it "will strive" to maintain the trading of its titles on the New York Stock Exchange (NYSE), after the United States Securities Market Commission (SEC) has threatened to exclude it from…