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Allied Market Research: Blockchain Integration into the Global Retail Market to Garner $11 Billion by 2026

Allied Market Research: Blockchain Integration into the Global Retail Market to Garner $11 Billion by 2026

Allied Market Research, a global market research and business firm, has reported that the incorporation of blockchain into the global retail market will garner $11.18 billion by 2026 from $83 million recorded in 2018.

Brazil Emerges as a Resilient Market Amid Global Economic Uncertainty

Brazil Emerges as a Resilient Market Amid Global Economic Uncertainty

Brazil stands out with macroeconomic resilience and robust domestic sectors, presenting opportunities for investors despite global market volatility, according to VanEck.

Abu Dhabi Global Market to Permit Licensed Exchanges Trade NFTs

Abu Dhabi Global Market to Permit Licensed Exchanges Trade NFTs

The Abu Dhabi Global Market (ADGM) is building out a regulatory framework that may make trading platforms or exchanges that have licenses to operate within the free trade zone to trade NFTs.

Bitcoin ETF Approval Expected to Propel Market Influx

Bitcoin ETF Approval Expected to Propel Market Influx

The fervor surrounding a US-regulated spot Bitcoin ETF is palpable, with its approval expected to significantly bolster Bitcoin's market adoption. Addressing the current inefficiencies in Bitcoin investment, a spot ETF promises cost efficiency, enhanced liquidity, ease of access, and regulatory compliance. The formal recognition by regulators and established financial brands could further fuel Bitcoin's market acceptance. The estimations indicate a substantial market influx post ETF approval, not just within the US but potentially extending to global markets, laying the groundwork for a robust 2024 for Bitcoin, as per the analysis by Charles Yu of Galaxy.

Chicago-Based Exchange Cboe to Work on Crypto Offerings as Demand Continues to Rise

Chicago-Based Exchange Cboe to Work on Crypto Offerings as Demand Continues to Rise

Cboe Global Markets Inc., a Chicago-based exchange that provides trading and investment solutions, is ready to get back to the crypto space after previous failed attempts.

Laser Digital Secures In-Principal Approval from Abu Dhabi Global Market

Laser Digital Secures In-Principal Approval from Abu Dhabi Global Market

Laser Digital, Nomura's digital asset subsidiary, has received In-Principal Approval from Abu Dhabi Global Market's Financial Services Regulatory Authority. The approval allows the company to offer broker-dealer and asset management services in the UAE, subject to fulfilling specific conditions.

South Korea May Reconsider Stance on Bitcoin ETFs

South Korea May Reconsider Stance on Bitcoin ETFs

South Korea's Presidential Office has urged the Financial Services Commission to reconsider its stance on Bitcoin ETFs, indicating a potential shift in the country's cryptocurrency regulation, following initial warnings against U.S.-based spot Bitcoin ETFs.

Dragonfly Capital Invests $10 Million in Bitget

Dragonfly Capital Invests $10 Million in Bitget

Dragonfly Capital has invested $10 million in cryptocurrency derivatives exchange Bitget to support its global market and service expansion and corporate social responsibility initiatives for crypto education and adoption. Bitget plans to expand its spot trading, launchpad, and Bitget Earn products. Despite the FTX collapse, cryptocurrency derivatives exchanges have recovered, and central exchanges' open interest has risen to approximately $68.5 billion.

DBS Bank Says Its Bitcoin Trading Surged Amid Global Market Crash

DBS Bank Says Its Bitcoin Trading Surged Amid Global Market Crash

DBS bank has ploughed ahead with its Bitcoin trading operations despite a slump in the digital asset markets.

Ethereum Ranks 9th in Market Valuation Among Leading Global Banks

Ethereum Ranks 9th in Market Valuation Among Leading Global Banks

Ethereum ranks 9th when compared to the world's largest banks in terms of market cap, according to CompaniesMarketCap.

InvestHK unveils Global Fast Track Programme to boost fintech development with Hong Kong's proven market resilience and fintech opportunities

InvestHK unveils Global Fast Track Programme to boost fintech development with Hong Kong's proven market resilience and fintech opportunities

Invest Hong Kong (InvestHK) today (August 10) unveiled the Global Fast Track Programme, a business-driven programme within Hong Kong Fintech Week (HKFW), Asia's annual flagship fintech event,to help local and global fintech enterprises leverage Hong Kong's proven resilience and fintech opportunities to scale business and accelerate innovation.

Is Bitcoin still a Safe Haven? The Crypto Community Debates on Twitter Following Global Stock Market Crash

Is Bitcoin still a Safe Haven? The Crypto Community Debates on Twitter Following Global Stock Market Crash

Is Bitcoin still a safe haven? The Crypto Community takes the debate to Twitter after the biggest stock market crash since 2009.

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