News list for " industry"
According to the "Hong Kong Fintech Ecosystem" report released by Invest Hong Kong, the government department responsible for regulating foreign direct investment, Hong Kong is home to more than 1,100 fintech companies, including 175 blockchain application or software companies and 111 digital asset and cryptocurrency companies, an increase of 250% and 30% respectively since 2022. "Hong Kong's fintech market is expected to reach US $606 billion in revenue by 2032, with an annual growth rate of 2...
WisdomTree CEO Jonathan Steinberg has arrived at the White House to share a crypto summit statement. He said: "By participating in the inaugural White House Digital Asset Summit, my goal is to represent the intersection of traditional and decentralized finance and be an enabler of key innovators and solutions that will benefit the fast-growing digital asset industry and blockchain finance. The industry has experienced exponential expansion in recent years, with great future potential, while also...
According to Japan's Asahi Shimbun, Japanese Minister of Economy, Trade and Industry Yoshiji Muto could visit the United States as early as March 10 to meet with U.S. Commerce Secretary Lutnik and the U.S. Trade Representative.
"AI Rising Star" has a bright performance, the leader of the photovoltaic industry plans to go public in Hong Kong, and the trading of semiconductor star stocks will be suspended from next Monday..... What are the announcements worth paying attention to after the market today?
Federal Reserve Vice Chairperson Michael Barr responded to the controversy over the debanking of the cryptocurrency industry, saying that the Federal Reserve has always been neutral and will not prevent banks from working with the crypto industry. Barr emphasized that the Fed provides clear guidance and a regulatory framework to enable banks to engage in crypto within compliance, and said it will not require banks to do it or dissuade them from doing it.
Binance CEO Richard Teng wrote on the X platform that, driven by the industry's overall efforts, illegal crypto transactions accounted for only 0.14% of total crypto transactions in 2024, and Binance prevented potential losses of $4.20 billion through proactive security measures.
Coinbase, the largest cryptocurrency exchange in the United States and one of the industry's major political donors, outlined its legislative priorities on Wednesday after spending hundreds of millions of dollars to help Republicans win control of Washington in 2024. The blueprint, originally reported by Semafor, could become a roadmap for influence in Washington as the industry transitions from being a regulatory target under the Biden administration to being embraced under President Trump.
The latest report released by Perryman Group shows that the bitcoin mining industry generates more than $4.10 billion in total output value and 31,000 jobs for the US economy every year. The report states that Texas is the largest beneficiary of bitcoin mining activities, with an annual economic contribution of $1.70 billion and more than 12,200 jobs. Georgia and New York contribute $316.80 million and $225.90 million in annual output, respectively. It is reported that the United States currentl...
The Federal Reserve's Daly said that cryptocurrencies are a fledgling industry and do not want to stifle innovation due to fear.
On February 18th, according to the financial industry, eight departments including the Ministry of Industry and Information Technology issued the "Action Plan for High-Quality Development of New Energy Storage Manufacturing Industry". It proposes to promote the wide application of new-generation information technologies such as blockchain, big data, artificial intelligence, and 5G in the new energy storage manufacturing industry. Speed up the construction of smart factories, encourage the produc...
The monthly rate of industrial output in the United States in January was 0.5%, expected to be 0.3%, and the previous value was revised from 0.90% to 1%.
Industrial and Commercial Bank of China: On February 14, 2025, it received a notice from Central Huijin Investment Co., Ltd., that 66.7% of the equity of China Securities Financial joint stock company is to be transferred to Huijin Company.
On February 13, according to Bloomberg, several industry executives said that due to the increased scrutiny of the US Customs and Border Protection, Bitmain Technology Co., Ltd. has recently experienced delays in shipping machines to US customers. This...
Class A shares of the oil processing trade plate plate was active, Bohui shares, * ST Haiyue word limit, Compton, Bohai Chemical, Donghua Energy and so on rose.
A number of top Wall Street banks are optimistic about the development prospects of the crypto industry during Trump's potential term, and are actively adjusting their strategic layout of cryptocurrency businesses. Morgan Stanley is courting potential IPO clients, Bank of America executives are discussing advancing digital asset company transactions, and Royal Bank of Canada plans to expand its business scope after completing its first crypto business. Currently, a number of crypto companies suc...
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