Billionaire hedge fund manager Scott Bessent, who was chosen by Mr. Trump to be Treasury secretary, has praised cryptocurrencies. "Cryptocurrencies represent freedom, the crypto economy is here to stay, and I think the possibilities are limitless," Mr. Bessent said in July. According to a new financial disclosure filing last month, Scott Bessent holds a stake in BlackRock's bitcoin exchange-traded fund (ETF) worth between $250,000 and $500,000.
Israeli Finance Minister: It has been promised that Israel will not stop the war, and if the government stops the war, it will not stay in office.
John Mbadi, Kenya's finance minister, said the government was working to establish a legal and regulatory framework for cryptocurrencies and had drafted a draft proposal for a "National Policy on Virtual Assets and Virtual Asset Service Providers", which aims to create a fair, competitive and stable market for cryptocurrencies while addressing risks such as money laundering, terrorism financing and consumer protection. The draft proposes to establish a comprehensive legal and regulatory framewor...
Thai Deputy Prime Minister and Finance Minister Pichai Chunhavajira announced at the Thai Marketing Association seminar on Wednesday that Thailand will launch a new cryptocurrency payment project, starting with the popular tourist destination of Phuket. The project will allow foreign tourists to use digital assets to make purchases in the tourist city. The government's goal is to enable foreign tourists to use their digital assets to shop in tourism-focused cities.
On January 7th, Vice Premier He Lifeng, the Chinese leader of China-US economy and trade, and the US leader, Minister of Finance Yellen, held a video call on January 7th. The two sides focused on implementing the important consensus reached by the Chinese and US heads of state, reviewed and summarized the experience of China-US economic exchanges and cooperation in recent years, and positively evaluated the important role of China-US economic and financial working groups and other dialogue mecha...
According to Cointelegraph, former German Finance Minister Christian Lindner has called for bitcoin to be included in the reserves of the European Central Bank and the Bundesbank.
12:00-21:00 Keywords: Floki, Israel, Russian Finance Minister, BlackRock 1. Floki plans to launch a European exchange-traded product; 2. Six bitcoin mutual funds will be listed in Israel next week. 3. Russian Finance Minister: Digital Currency for Global Payments represents the future trend; 4. BlackRock: Focus more on providing Bitcoin and Ethereum ETFs to customers. 5. An anonymous user pledged 10,000 BTC during the Babylon Cap-3 mainnet pledge, worth more than $1 billion; Report: The number o...
Russian companies have started using bitcoin and other digital currencies in Global Payments after legislative changes to allow them in response to Western sanctions, Russian Finance Minister Anton Siluanov said on Wednesday. This year, Russia allowed the use of cryptocurrencies in foreign trade and has taken steps to legalize the mining of cryptocurrencies, including bitcoin. Russia is one of the leading countries in the world for bitcoin mining. Siluanov said: "Such transactions...
The Chief of Staff of French President Emmanuel Macron announced that Bruno Retailleau has been reappointed as the French Ministry of the Interior; Eric Lombard has been appointed as the French Minister of Finance and Economy; Jean-Noël Barrot has been reappointed as the French Minister of Foreign Affairs; and Amélie de Montchalin has been appointed as the French Minister of Budget.
South Korean Finance Minister: This year's economic forecast is inevitable, and severe measures will be taken against any sharp foreign exchange fluctuations.
South Korea's finance minister will hold another emergency meeting on the economic and financial marekt at 7 a.m.
Israeli Finance Minister: Hezbollah's firing on Israel was a "grave mistake" and Israel must respond with a "strong response".
German Chancellor Scholz: I have fired Finance Minister Lindner, which is necessary to prevent any impact on our country.
U.K. Finance Minister Rachel Reeves on Wednesday announced her party's first U.K. budget in more than a decade. According to Suzanne Morsfield, policy advisor at trade association CryptoUK, she said the prospect of Reeves raising capital gains tax above 28 percent would hit around 5 million U.K. cryptocurrency holders particularly hard. Capital gains tax refers to gains made from investments in assets such as stocks or real estate, and it affects very few people in the UK. However, Morsfie...
Japanese Finance Minister Katsunobu Kato: Volatility in the foreign exchange market remains high.