The government reportedly plans on employing the new revenue stream's profits on "priority" programs.Laos is reportedly expected to earn approximately $190 million in 2022 from bitcoin mining activities in the country.The new revenue source would contribute to the $2.8 billion total domestic revenue projected for 2022, the Lao Minister of Finance said.The government reportedly plans on...
According to recent Google Trends data, people from the Asia-Pacific (APAC) region of the world were the most interested in the word “NFT”, over the past year. Possibly as a result of the ongoing nonfungible token (NFT) boom, people from China, Hong Kong, and Singapore had the highest number of Google searches for the keyword The post Asia-Pacific Ranks First On Global List...
According to recent Google Trends data, people from the Asia-Pacific APAC region of the world were the most interested in the word “NFT”, over the past year. Possibly as a result of the ongoing nonfungible token (NFT) boom, people from China, Hong Kong, and Singapore had the highest number of Google searches for the keyword The post APAC Ranks First On Global List...
A future powered by digital assets is assured as governments around the world look to technology for economic progress.Whether or not you’d believe inflation could reach World War II levels, it’s clear that the global economy post-COVID-19 looks uncertain. A chasm is growing between the developed and developing markets fueled by uneven vaccination rates and Gross Domestic Product growth. Central Bank Digital...
Most of the illicit profits laundered came from phone and internet scams.
DBS Private Bank has launched a bank-backed trust to manage bitcoin for clients, the first such product in Asia.DBS Private Bank has launched the first bank-backed cryptocurrency trust in Asia, which will allow private banking clients to invest in and manage bitcoin, according to a Bloomberg...
Amber Group, a Hong Kong-based financial services provider with $530 million assets under management, is expanding its services. Global Expansion Ahead Amber Group has appointed Annabelle Huang as the head of the Global X Center initiative. In a...
The sell-off also led to major corrections for other cryptocurrencies including ether, stellar, xrp and chainlink.
The dollar's drop comes on the heels of a global market surge that took place throughout the month of November.
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