Stablecoins are poised to become a significant part of the global financial landscape as regulatory bodies begin to provide clearer frameworks that could facilitate their widespread adoption. One of the key players in this evolving landscape is Circle, the company behind the widely used USDC stablecoin. Dante Disparte, Circle’s chief strategy officer, highlights the importance […]
The Indian government’s recent initiative to promote local sourcing in the telecommunications sector has drawn both commendation and concern. With a draft guideline mandating over 50% local value addition for 36 telecom products in government procurement, the move is intended to strengthen domestic manufacturing and foster innovation within the industry. However, the decision to exclude […]
Pavel Durov, the CEO of Telegram, is currently under investigation in France for potential complicity in illegal activities on his platform. This probe arises against a backdrop of France’s groundbreaking legislation aimed at combating cybercrime. The LOPMI law, established in January 2023, represents a significant legal development that may redefine the responsibilities of tech executives. […]
In a pressing appeal that highlights the challenges faced by the Swiss watch industry, manufacturers have urged the Swiss National Bank (SNB) to take decisive action to mitigate the appreciating value of the Swiss franc. This call comes in light of a 2.4 percent decline in watch exports in the first half of 2024, marking […]
In recent months, MicroStrategy, a well-known business intelligence company, has made headlines for its substantial investment in Bitcoin. The company’s aggressive strategy has seen it acquire an impressive $1.11 billion worth of Bitcoin between August 6 and September 12. This brings MicroStrategy’s total Bitcoin holdings to approximately 244,800 coins, a total valued at roughly $9.45 […]
On Friday, the landscape of US Bitcoin Exchange-Traded Funds (ETFs) experienced a notable shift, mirroring a significant surge in Bitcoin prices, which eclipsed $60,000. This remarkable increase in cryptocurrency values has reignited investor interest, leading to substantial inflows into Bitcoin ETFs. In total, US spot Bitcoin ETFs amassed an impressive $263 million in net inflows, […]
EXA Infrastructure has made a significant leap in the telecommunications sector with its recent acquisition of Global Communications Net AD (GCN), a prominent Bulgarian telecommunications provider. This strategic move, which is expected to be completed by the end of 2024, aims to considerably enhance EXA’s network presence in South-Eastern Europe. The acquisition involves GCN’s extensive […]
In a strategic move that could reshape its future, THG Plc has announced plans to demerge its technology platform, Ingenuity, to concentrate on its core business segments of beauty and nutrition. This decision is a significant step aimed at enhancing the company’s share price and improving its standing within the stock market, particularly in relation […]
In the face of escalating climate change and rapid urbanization, managing urban water runoff has become a critical issue that demands innovative solutions and collaborative efforts. Scheduled for September 18th, 2024, at 10 am CET, an important webinar will shine a spotlight on this pressing topic. The event is a result of collaboration between three […]
TikTok, the social media platform beloved by millions, is now at the center of a high-stakes legal battle that could determine its future in the United States. With approximately 170 million American users, the ramifications of a potential ban could extend far beyond the app itself, challenging fundamental beliefs about free speech, technology, and regulation […]
