News list for " dutch"

Analysts: If Trump delays policy implementation, the dollar could weaken

On January 21, Jane Foley of Rabobank said in a report that the dollar could depreciate if the United States delays the implementation of proposed policies that are expected to support the dollar, such as tariffs. She said: Since October last year, the market has digested a lot of positive news for the dollar. If Trump delays the implementation of policies such as tariffs, the possibility of further profit-taking in the dollar cannot be ruled out. (Jin Ten)

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2025-01-21 19:22:52
Agencies: Core inflation in the United States is expected to increase by 0.3% in December, and the Federal Reserve's cautious interest rate cut expectations may intensify

Francesco Pesole, an analyst at ING, said in a note that the dollar could appreciate if data released later showed that U.S. core inflation remained high in December. He said that the market generally expects core inflation to be 0.2% and 0.3% month-on-month, with an average expectation of 0.25%. ING expects the data to record an increase of 0.3%, which could increase expectations that the Federal Reserve will take cautious measures to cut interest rates, which could help the dollar appreciate. ...

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2025-01-15 20:36:27
MoonPay is licensed by the Dutch financial marekt under the European Union MiCA Act

MoonPay said in a Dec. 30 notice that the Dutch financial marekt authority has granted the cryptocurrency firm a license under the European Union Crypto Asset Market Regulation Act (MiCA) to operate as a licensed crypto business in the Netherlands.

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2024-12-31 02:33:47
The Dutch International Bank made it clear that even if OPEC + takes action, the balance of the oil market will still be in excess in 2025, which means that prices may continue to be under pressure. It is expected that the average price of oil will be $X next year.

The Dutch International Bank made it clear that even if OPEC + takes action, the balance of the oil market will still be in excess in 2025, which means that prices may continue to be under pressure. It is expected that the average price of oil will be $X next year.

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2024-12-25 22:25:13
Tether-backed Quantoz launches MiCA-compliant stablecoins USDQ, EURQ

According to The Block, Dutch blockchain company Quantoz Payments has launched two new stablecoins compliant with the European Union's Crypto Asset Markets Act (MiCA), USDQ and EURQ, pegged to the US dollar and the euro respectively. These stablecoins will be listed on exchanges Bitfinex and Kraken on November 21. Quantoz is regulated by the Dutch Central Bank, holds an Electronic Money Institution (EMI) license, and says its stablecoin is fully backed by fiat currencies and "highly liquid finan...

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2024-11-18 15:49:10
Bybit accepts Euro fine 2.25 million ABN Amro

Bybit Powered by SATOS acknowledges the decision of the Dutch Bank (DNB) to impose a fine of 2.25 million euros on it for providing services without registration between October 2, 2020 and September 15, 2023. Since September 2023, Bybit has been operating under Bybit Powered by SATOS using the DNB-accredited SATOS Virtual Asset Service Provider (VASP) license.

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2024-10-31 10:32:26
Rabobank expects Brazil's soybean production to reach a record 167 million tons

Gold Ten Futures, October 31, according to foreign media reports, Rabobank estimates that the area planted with soybeans in Brazil in 2024/25 is expected to increase by 1.5% from the previous year to 47 million hectares, indicating that the growth rate is slower than in recent years due to "shrinking profits." Brazil's harvest could reach a record 167 million tons, taking into account the yield trend line. Despite observing "significant delays" during soybean planting, Rabobank did not lower its...

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2024-10-31 07:15:05
Netherlands seeks opinion on crypto tax monitoring law to align with European Union

The Dutch government has sought public comment on a proposed law that would require crypto service providers, such as exchanges, to collect and share user data with local tax authorities to comply with European Union regulations. The Dutch Ministry of Finance said in a press release on October 24: "The purpose of the bill is to increase the transparency of cryptocurrency ownership in order to prevent tax avoidance and evasion." Under the new law, tax authorities will share data collected by serv...

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2024-10-25 11:08:52
Euro wholesale CBDC is being used to settle Dutch bank digital commercial paper on a distributed ledger

Dutch bank ABN AMRO and Rabobank are involved in the digital commercial paper offering, which was tokenized on Deutsche Bo ̈ rse Clearstream D7 DLT. The transaction is reported to be part of the European Central Bank's distributed ledger trial using central bank currencies for wholesale settlements. Dutch bank ABN AMRO has expressed its preference for issuing digital bonds using public blockchains, using Ethereum, Stellar, and Polygon.

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2024-10-08 10:50:58
ECB Governing Council Knott believes that interest rate cuts will continue until the first half of 2025

The ECB is likely to continue cutting interest rates until at least the first half of 2025, bringing them down to 2% -3%, Klaas Knot, the ECB's governing council and Dutch central bank president, said on Tuesday. "I expect that we will continue to gradually reduce interest rates for some time to come, as well as in the first half of 2025," Knot said. "I don't expect interest rates to return to the very low levels they were before the COVID-19 pandemic. They may end up at a more natural level," h...

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2024-09-25 05:22:55
Rabobank: US Presidential Election Critical to Dollar Outlook

Rabobank said the US Presidential Election in November will play a key role in the direction of the dollar in late 2024 and early 2024. Inflation could be higher if Mr. Trump is elected president. A looser fiscal position suggests the Fed's easing cycle could abruptly stop next year. A Harris victory would allow a longer series of rate cuts, meaning the dollar would move more weakly than a Trump presidency.

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2024-09-17 23:45:04
Compass Mining launches 3,000 bitcoin mining machines in Iowa, plans to add another 1,000 in September

On September 10th, mining company Compass Mining enabled 3,000 bitcoin mining machines in its newly partnered Iowa hosting facility, and the company plans to install another 1,000 machines in September. The expansion will increase the facility's capacity by 12.50 trillion watts (MW). According to Compass Mining, the move is part of its strategy to expand operations. By the end of 2024, the company plans to manage approximately 30 trillion watts of power at multiple U.S. locations, including Ind...

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2024-09-10 09:21:30
Singapore company A & A chairperson Yang Bin was sentenced to six years in prison for allegedly organizing a crypto mining investment scam

On August 27, according to Singapore's Lianhe Zaobao, a Dutch man set up an investment company in Singapore to carry out a "Ponzi scheme", falsely claiming to cooperate with cryptocurrency mining companies, owned a large number of mining machines, and recruited three people to conspire to defraud more than 700 people for a total of 6.70 million yuan. After one of the accomplices was jailed, the mastermind...

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2024-08-27 09:36:15
One Trading has received approval from Dutch regulators to offer crypto derivatives trading in Europe

One Trading, headquartered in the Netherlands, has received an OTF license from the Dutch Financial Marekt Authority (AFM), enabling the company to operate in Europe as a regulated crypto derivatives trading platform. The digital asset trading platform, formerly known as Bitpanda Pro, said the new licence establishes One Trading as a trading venue under Markets in Financial Instruments Directive (MIFID) II, a set of regulations governing trading venues in the European Union.

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2024-07-30 00:16:31
One Trading obtains a European cryptocurrency derivatives trading license

Crypto asset exchange One Trading has been granted an Organised Trading Facility (OTF) license by the Dutch financial marekt regulator. The license establishes One Trading as a MiFID II trading venue. With the new license, One Trading becomes the only perpetual futures trading venue in the European Union and the first cash-settled perpetual futures platform in Europe, including the UK. This approval makes One Trading the first regulated derivatives exchange in Europe for retail clients.

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2024-07-29 16:07:47