DCG and Genesis branches agree on a restructuring plan: CoinDesk

Digital Currency Group and Genesis subsidiaries have reached an initial agreement on a restructuring plan with a group of the firm’s main creditors, according to CoinDesk.  This comes after Gene...

Singapore Hotel Tycoon Ho Kwon Ping To Double Banyan Tree’s Branches As China Reopens

Banyan Tree’s founder and chairman Ho Kwon Ping is busy planting 50 new hotels as the global tourism industry looks primed to come roaring back. H otels across Asia will see the return of Chinese tour...

Olive Branches Pave The Way For Biden-Xi Indonesia Meeting

China Last Night KraneShares Key News Asian equities were largely higher though Japan, China, and Hong Kong were off. Both Hong Kong and China opened strong but came off the morning highs across the t...

China Branches Out The Digital Yuan Trial To Hospitals And Finance Sector

The use of the digital yuan continues to expand in various sectors of China, including hospitals now.   A few hospitals in Hangzhou and Guangzhou have also started to accept digital yuan for...

Media Markt To Install New Bitcoin ATMs in 12 Austrian Based Branches  – crypto.news

Recent reports  show that Media Markt will install Bitcoin ATMs throughout Austria. Earlier on, the startup successfully tested Bitcoin ATMs in Vienna, which led to increased demand for the service.  ...

Crypto For Sandwich And Fuel: Aussie Convenience Store Giant To Enable Crypto Payment At 170 Branches

By the middle of this year, Australians will be able to pay with crypto at service stations and convenience stores in South Australia, as private enterprises warily embrace digital currency payments. ...

HSBC Will Temporarily Shut Down Its Hong Kong Branches

Hong Kong has been suffering from a severe rise in covid-19 infections since 2020. Over 2,000 test results were positive on 22 February. The rapid pace of confirmed cases has caused many banks that op...

Banks close record number of branches in 2021, led by Wells Fargo

A man walks past a Wells Fargo Bank branch on a rainy morning in Washington. Gary Cameron | Reuters U.S. banks closed a record number of retail branches in 2021 as customers increasingly turn to digit...