United States President Joe Biden authorized the bill that extends the budget and prevents an administrative closure, commonly known as a "shutdown." The signing took place in San Francisco, where the president was participating in the leaders' summit of the Asia-Pacific Economic Cooperation Forum…
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funds
Withdrawals in cryptocurrencies amount to about $500 million
Over the past few months, the flight of investment capital from crypto funds has been a growing concern in the sector. Indeed, in the last nine weeks, it is estimated that around $500 million has been withdrawn.
According to data provided…
Binance.US assets will not be blocked
The Federal Court ruled that Binance.US funds will not be frozen, thus dismissing the request filed by the SEC. The judge in charge of the case considered that this measure was not necessary, since no evidence was found that the CEO of…
Binance denied that it has mismanagement of its funds
Binance, the cryptocurrency exchange, has strongly denied the allegations of mismanaging its clients' funds. The company responded to a Reuters report that claimed it had mixed customer funds with corporate income.
The Reuters report…
Biden signs Inflation Reduction Act
Joe Biden signed the Inflation Reduction Act on Tuesday, which he described as one of the most important in history. It is a key law that contemplates more funds to combat climate change, increases taxes on companies and expands medical…
Crypto trading platform Uphold is leaving Venezuela
The Uphold platform reported, through a statement, its decision to withdraw from the Venezuelan market due to the complexity of complying with the sanctions established by the United States and asked its clients to withdraw funds from its…
Coinbase CEO Ensures Protection of Business Funds
Coinbase CEO Brian Armstrong recently assured that customer funds on the platform are lly protected "as they always have been."
This clarification comes in the midst of a revelation made on social networks, where it was suggested that…
The US will support Egypt to develop its solar energy
John Kerry, US special representative for climate, announced that his country plans to increase its economic support for the month of June to help Egypt harness solar energy and reduce its dependence on fossil fuels, an important source of…
Ecuador and the IMF reach an agreement to review the economic program
The International Monetary Fund (IMF) and Ecuador reached an agreement at the technical staff level on the second and third review of the economic program of the Latin American country within the framework of the Expanded Service (SAF), as…
Chinese banking to use digital yuan in investments and insurance
The state financial institutions China Construction Bank (CCB) and Bank of Communications (Bocom), leaders in the banking sector, are increasing their efforts to expand their pilot programs on the Central Bank Digital Currency, CBDC, of…
Binance forced to investigate digital asset theft
Supreme Court of the United Kingdom imposed an injunction on Binance for the search of 2.6 million dollars in digital assets stolen from the Fetch.ai account, which was violated by a hacker, who transferred the assets to another exchange…
Shasta already has Bizum and PayPal
The mobile application specialized in financial and administrative services Shasta incorporated the Bizum and PayPal platforms as new methods for the aggregation of funds. Both platforms offer the services of sending and receiving financial…