South Africa’s Reserve Bank is set to begin regulating cryptocurrencies as financial assets in the next 18 months, with exchanges expecting the move to drive adoption in the country. The move to classify cryptocurrencies as financial assets and not currency has been talked about for some time by the South African…
Photo: Jason Miller/Getty Images According to Shams Charania of The Athletic and Stadium, the Utah Jazz and New York Knicks have started discussions on a potential Donovan Mitchell trade. The Utah Jazz are focused on “obtaining draft picks” and there are no “untouchable players” currently on the roster. “Knicks have…
Oppo Pad Air India launch has been set for July 18, the Chinese company has announced. Oppo’s first tablet in India will debut alongside the Oppo Enco X2 TWS earphones and the Oppo Reno 8 series of smartphones. The series is expected to offer Oppo Reno 8 and Reno 8…
Elon Musk is trying to walk away from his $44 billion agreement to buy Twitter, but the Court of Chancery in Delaware, where the company is incorporated and is now suing Mr. Musk, should order him to buy the social media company. Forcing a party to keep a contractual promise…
Major European cryptocurrency investment firm CoinShares is expanding its exchange-traded products (ETP) with a new physically-backed ETP based on Algorand (ALGO). CoinShares on Thursday announced the listing of its physically-backed staked Algorand ETP on Xetra, the electronic trading platform run by Germany’s exchange operator Deutsche Boerse. Named the CoinShares Physical…
While the Ukraine-Russia ties continue to remain tense, Ukraine has allegedly busted a bunch of crypto traders, accusing them of funnelling Russian funds as virtual digital assets. The Ukrainian authorities claim to have seized $3.3 million (roughly Rs. 26 crore) worth of property that were lined-up to be laundered as…
Financial services firm Mastercard has partnered with crypto gateway provider Fasset to co-develop digital solutions that may drive adoption in Indonesia. The collaboration aims to expand financial inclusion in the country and extend opportunities to its local economy. In an announcement, Navin Jain, the country manager for Mastercard Indonesia, said…
Bitcoin opened with gains on Thursday, July 14, days after being burdened with losses. The oldest cryptocurrency opened trading at $20,993 (roughly Rs. 16.70 lakh) after gaining profits by 2.33 percent on Indian exchange CoinSwitch Kuber. Even bigger gains rained over Bitcoin on international exchanges. On Binance and Coinbase for…
When Ferdinand Marcos Jr. was sworn in as president of the Philippines on June 30, he took his oath in front of the former legislative building where his father entered politics and swore on the same Bible used by the elder Mr. Marcos at his 1965 inauguration. For victims of…
Ben Roethlisberger, Pittsburgh Steelers. (Mandatory Credit: Jay Biggerstaff-USA TODAY Sports) How much does it cost to play golf at St. Andrews? by Savannah Leigh St. Andrews history: How many times has Old Course hosted The Open Championship? by Savannah Leigh Statistics show that Pittsburgh Steelers quarterback Ben Roethlisberger remained clutch…
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