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Tag: Emerging
Bitcoin (BTC) Will Benefit From War and Emerging Monetary Order, According to Credit Suisse Analyst
A Credit Suisse investment strategist says Bitcoin (BTC) will likely benefit from the current geopolitical turmoil. In a new analysis, Zoltan Pozsar says the world is witnessing a shift to a new monet...
HKEX Will Place Daniel Sonder as Its Co-Head of Emerging Business Development
HKEX announced that it will place Daniel Sonder as its Co-Head of Emerging Business Development, effective from May 2022. According to a press release shared with Finance Magnates, Daniel Sonder, an e...
Venezuela Increases Minimum Monthly Wage to Half a Petro – Emerging Markets Bitcoin News
Nicolas Maduro, president of Venezuela, announced an increase in the minimum wage of workers in the country linked to the petro. In the II Workers’ Congress, Maduro revealed that the new value of the ...
China Is Hidden Risk for Emerging Markets That’s Split Traders
(Bloomberg) — As traders grapple with the breakout of war in Europe, the prospect of a new regulatory crackdown in China is posing a larger, yet less appreciated, risk to emerging-market assets....
Stephen Roach says Russian default would hit emerging markets — and China
A man walks past Moscow’s stock market building in downtown Moscow on February 28, 2022. Natalia Kolesnikova | Afp | Getty Images Economist Stephen Roach warned effects from any default on Russi...
The Emerging Real Estate Market: Virtual Land
There’s the old adage about real estate: “Location, location, location.” Advertisement This is still true today, perhaps more than ever. What has changed, however, is the definition of “location”. ...
S&P Dow Jones is removing Russia stocks from indices, stripping country of emerging market status
An employee looks at a stock price index graph showing plunging stock prices on an electronic information screen at the headquarters of the Micex-RTS Moscow Exchange. Andrey Rudakov | Bloomberg | Gett...
75% of investors in emerging markets want more crypto: survey
A recent survey has revealed that a whopping 75% of investors in Asia-Pacific and Latin American emerging markets are looking to increase their exposure to cryptocurrency investments. Researchers from...
Fed Hikes Could Drive Bitcoin Adoption in Emerging Markets
The Fed tightening is a major risk, particularly for currencies of EMs running current account deficits. The deficit occurs when a country sends more money abroad than it receives, leaving the domesti...
Aussie Millennials Embrace Emerging Investment Platforms
Millennials and Zoomers took center stage in Australia after young investors adopted innovative products and features offered by emerging investment platforms in the region. According to the 2021 2H O...
Islamic Scholar Says Digital Currency is Not a ‘Fictitious Currency’ – Emerging Markets Bitcoin News
An Islamic scholar, Irshad Ahmad Ijaz, has asserted that digital currency is not fake currency and that it should be legitimized once certain conditions are met. Ijaz’s viewpoint is echoed by other sc...
Reported First Real Estate Purchase Made With Bitcoin in Chile – Emerging Markets Bitcoin News
Yuval Ben Haym, regional manager of Remax, a real estate firm that operates worldwide, has announced that the “first” real estate purchase with cryptocurrencies has already occurred in Chile. The purc...
Emerging Web3.0 Protocol Aligned Secures $34M in Venture Funding
Operating in “Stealth Mode” for some time now, emerging Web3.0 and Decentralized Finance (DeFi) protocol, Aligned has announced it has secured the sum of $34 million from investors as it seeks to adva...
Swiss Crypto Bank SEBA Gets License to Operate in UAE Financial Center – Emerging Markets Bitcoin News
The Swiss crypto bank, SEBA Bank, was recently granted a license to operate in the Abu Dhabi Global Market (ADGM), the UAE’s financial center. The license allows SEBA to conduct regulated services. SE...
Venezuela Might Have Cryptocurrency ATMs Again Soon – Emerging Markets Bitcoin News
While Venezuela has been a leading country for cryptocurrency adoption in Latam, its citizens don’t have access to cryptocurrency ATMs. However, this might change in the future, as Bitbase, a crypto A...
Traders Look Past Ukraine Angst to Load Up on Emerging Assets
(Bloomberg) — Emerging markets are standing firm despite escalating tension along the Ukrainian border, with investors more closely eyeing the impact of major central banks catching up on the gl...
President of Central Bank of Peru Criticizes Crypto, Citing Lack of Intrinsic Value and Climate Change – Emerging Markets Bitcoin News
Julio Velarde, the president of the Central Bank of Peru, attacked the value of cryptocurrencies and referred to negative effects they are said to have on the environment. In a recent interview with l...
‘The Potential Risks Far Outweigh the Benefits’ – Emerging Markets Bitcoin News
The Pakistani central bank governor, Reza Baqir, recently revealed that his organization has determined the risks posed by cryptocurrencies “far outweigh the benefits.” The governor, however, suggeste...
‘It’s Emerging as a Huge Player’ – Featured Bitcoin News
Famous actor Ryan Reynolds says crypto is “emerging as a huge, huge player.” The Hollywood star added that “companies are doing a good job of bringing it into a sort of safer, more mainstream light.” ...
Ryan Reynolds Believes Crypto Is Emerging as a Huge Player
Hollywood actor Ryan Reynolds believes that the cryptocurrency universe is developing as a “huge player.” However, he did not reveal whether he had allocated some of his wealth into the asset class. R...
Bank of Zambia Expects to Complete CBDC Study in Q4 – Emerging Markets Bitcoin News
The Bank of Zambia has said it expects to complete its study seeking to determine the feasibility of launching a Central Bank Digital Currency (CBDC), before the end of the last quarter of 2022. Narro...
Former Thai Central Bank Director Predicts Crypto Bubble Emerging in March – Markets and Prices Bitcoin News
A former Bank of Thailand director has warned about an imminent crypto crash. “A cryptocurrency bubble will emerge at the end of March when liquidity in the financial market drops,” he reportedly pred...
Colombia Registers First Real Estate Purchase With Bitcoin – Emerging Markets Bitcoin News
The first real estate purchase with Bitcoin has been registered in Colombia last week. The company, called La Haus, sold one property in Santa Marta to a buyer that was not in Colombia at the time of ...
Crypto Users and Exchanges Must Now Report Transactions in Colombia – Emerging Markets Bitcoin News
The Colombian government has issued new regulations that force exchanges and individuals to report cryptocurrency transactions to the UIAF, the anti-money laundering watchdog in Colombia. The transact...
African Web3 Startup Raises $6.45 Million in Pre-Seed Round, Serena Williams’ Investment Firm Participates – Emerging Markets Bitcoin News
An African startup, Nestcoin, said it raised $6.45 million in a pre-seed funding round in which tennis’ star, Serena Williams’ Serena Ventures took part. The startup, which was launched in November 20...
Jade Cargill Emerging As A Major Draw In AEW
Jade Cargill has emerged as one of AEW’s biggest draws. Credit: AEW As AEW continues its struggles to promote Black talent, which spoke for a combined 120 seconds in the entire month of January,...
A look at the numbers behind the emerging Web3 economy
January 31, 2022, 8:46PM EST • 9 min read Quick Take Verifiable decentralized networks have enabled novel web applications and models whereby creators and communities can monetize and internet-native ...