News

Nov 13
Asian shares drop amid worries over spreading COVID-19 cases

Asian shares have opened lower as rising cases of coronavirus infections in the U.S., Europe and Asia add to worries that economies will once again be hamstrung by pandemic restrictions on travel and businesses. Reports of surging COVID-19 cases have had a sobering effect on markets that had advanced on hopes for a vaccine and […]

Nov 13
BitPay Send Launches in 255 Countries, Including Africa, to Enable Crypto Payouts to Anyone, Anywhere

BitPay, the world’s largest provider of Bitcoin and cryptocurrency payment services, today announced BitPay Send, a new mass payout service that enables organizations of all sizes to pay employees, affiliates, customers, vendors, contractors and others with cryptocurrency. Ideal for international and gig economy companies looking for a fast, efficient and secure way to send mass payouts, […]

Nov 13
Ripple Files Trademark for Possible New Payments Service

New trademark applied for by Ripple Labs Inc The attentive Ripple enthusiast “Janna One Trick” has drawn attention via Twitter to a new trademark registration of Ripple. The trademark application was submitted on November 6, 2020 and is very similar to the trademark registered by PayID in June. Both the symbols and the literal description of the trademark are […]

Nov 12
Asian stocks pare gains amid caution about bets on coronavirus vaccine

Asian stocks pared their gains in choppy trade on Thursday as investors awaited further details on whether drugmakers can develop a coronavirus vaccine. Asian Stocks MSCI’s broadest index of Asia-Pacific shares outside Japan (MIAPJ0000PUS) rose 0.06% to 609.41, which is near its January 2018 high of 617.12. Chinese shares (CSI300) erased early gains and fell […]

Nov 12
Lebanon to launch a digital currency next year

Lebanon plans to introduce a digital currency next year to restore confidence in the banking sector and transition into a cashless system, GovernorRiad Salameh said. Central bank governor Riad Salameh told a gathering of officials Monday that “We must prepare a Lebanese digital currency project” as a way to shore up confidence in the banking system.   […]

Nov 11
Asian stocks up, bonds down as vaccine shields against second-wave worries

Asian stocks gained on Wednesday, as news of a working COVID-19 vaccine seemed to inoculate investors against worry about surging infections, while the kiwi leapt as traders pared bets on New Zealand imposing negative interest rates. Asian Stocks MSCI’s broadest index of Asia-Pacific shares outside Japan rose 0.4% . Japan’s Nikkei rose 1.8%, although most […]