The renowned cryptocurrency platform announced the launch of its new exchange, Crypto.com, on November 14. The purpose is to continue stimulating the mass adoption of digital currencies to more than one million users who will have the possibility to trade with crypto assets through the Crypto.com…
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Hong Kong
Hong Kong fines UBS for excessive customer charges
The Hong Kong Securities and Futures Commission (SFC) issued a fine against UBS for $ 47 million for overcharging its customers between 2008 and 2017 and for committing serious and systemic failures in its internal controls.
The Swiss bank…
Bitcoin apperar as a financial solution in Chile
More than 16 state regions of Chile are immersed in a state of emergency, subordinated to a curfew, thus the daily routine of Chileans has been severely affected. The state suffers many difficulties in all areas including in the financial…
Singapore becomes the most competitive country in the world
The Global Competitiveness Index (GCI) of the World Economic Forum 2019 that evaluated 141 economies revealed a balance of the competitive landscape that measures macroeconomic stability factors in the world, placed Singapore as number one,…
Bitcoin becomes a protest tool in Hong Kong
An increasing number of businesses and individuals in Hong Kong are adopting cryptocurrencies for transactions as a result of protests against the government that already add up to 12 weeks and are severely affecting the economy and…
China could take action against the US
The Ministry of Finance of China announced in a statement that it will take the necessary measures to counter the latest tariffs announced by the United States, which consider a violation of the agreement reached by both nations.
This was…
Sotheby’s sold to European company Altice
The European telecommunications company Altice is the new owner of the Sotheby's auction house. The acquisition was made through the company BidFair USA for the sum of 3,300 million euros (approximately USD 3,700 million) and the…