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Top StoriesFactbox-What Is the G20 and What Are the Key Issues for the 2023 Summit?
BusinessVeloce to Deploy Vext on Polygon – Evolving to Become the First Decentralised Global Sporting Group
Dollar Set for Weekly Loss as Crucial US Jobs Data Looms
Date: September 1, 2023
Dollar set for weekly loss as crucial US jobs data looms By Kevin Buckland TOKYO (Reuters) – The dollar was on course to snap a six-week winning streak against major peers on Friday, as it headed into a pivotal monthly U.S. jobs report that is likely to inform the path for Federal Reserve policy over...
French Data Watchdog Carries Out ‘checks’ at Worldcoin Paris Office
Date: September 1, 2023
French data watchdog carries out ‘checks’ at Worldcoin Paris office By Sudip Kar-Gupta and Martin Coulter PARIS (Reuters) -France’s data watchdog carried out “checks” at Worldcoin’s Paris office this week, amid global regulatory pressure on the digital currency firm co-founded by ChatGPT-founder Sam Altman. France’s CNIL watchdog said in July it was investigating Worldcoin as...
Core Quickswap Members Launch 50x Leverage on Kava Chain
Date: August 30, 2023
Core Quickswap Members Launch 50x Leverage on Kava Chain Multiple core contributors of Quickswap, celebrated for their success on Polygon, have launched their next venture: Kinetix Finance on Kava Chain. Kava Chain is a Layer-1 Cosmos-Ethereum interoperability blockchain. The Kinetix Finance perpetual exchange is tailored for users eager to leverage trade without the limitations of...
Cryptoassets Increase Risk in Developing Economies, Study Says
Date: August 22, 2023
Cryptoassets increase risk in developing economies, study says NEW YORK (Reuters) – Cryptoassets, peddled as the future of finance, have not only failed to deliver on their promise but are themselves adding to financial risks in developing economies, according to a paper from the Bank for International Settlements. “Cryptoassets hold out the illusory appeal of...
Dollar Firmer as Traders Look to Jackson Hole Gathering
Date: August 22, 2023
Dollar firmer as traders look to Jackson Hole gathering By Saqib Iqbal Ahmed NEW YORK (Reuters) -The U.S. dollar edged higher against a basket of currencies on Tuesday, nearing a two-month peak touched last week, as traders awaited the Jackson Hole Symposium later in the week. The U.S. dollar index – which measures the currency...
US Dollar Holds Modest Gains, Offshore Yuan Rises as Jackson Hole Is in View
Date: August 21, 2023
US dollar holds modest gains, offshore yuan rises as Jackson Hole is in view By Laura Matthews and Samuel Indyk NEW YORK/LONDON (Reuters) – The dollar was little changed to slightly higher against a basket of its peers on Monday, recouping some of its earlier losses as traders held on to large positions in the...