According to the latest development, Donald Trump announced that a tariff agreement has been reached with the European Union. Trump said it was the biggest deal ever, under which the EU would agree to buy $750 billion worth of energy from the US. Trump said the following in his remarks: The EU will invest $600
The United States and China are expected to decide to extend the current tariff rates they have imposed on each other for another 90 days during trade talks that will begin on Monday in Stockholm, Sweden. According to sources close to the talks on both sides, the extension would be a continuation of the existing
MUFG, through its trust banking unit, just dropped over ¥100 billion ($681 million) on a high-rise building in Osaka City. According to The Nikkei, the group is interested in turning the tower into digital securities and will offer fractional ownership through tokenized real estate, targeting both retail buyers and major institutions. This isn’t a soft
San Francisco-based lender Divine Research has issued around 30,000 unbacked short-term crypto loans since December, using OpenAI CEO Sam Altman’s iris-scanning platform World ID to verify borrowers. Divine offers loans under $1,000 in the USDC (USDC) stablecoin, mainly to overseas borrowers underserved by traditional finance. It uses World ID to ensure users cannot open multiple
Crypto microloans are experiencing a dramatic resurgence, fueled by a broader revival in digital asset markets closely tied to US President Donald Trump’s pro-crypto stance. Three years after a devastating market crash triggered a wave of bankruptcies across the crypto lending sector, a new crop of startups is aggressively re-entering the space. They possess unsecured,
South Korea is experiencing a notable turning point in the digital sector as a result of an exclusive bill. As per the data from CoinRank, the proposal of a new stablecoin bill by South Korea’s ruling party has triggered significant tension between the policymakers and the Bank of Korea. The crypto and blockchain news platform
Cryptocurrency may be easier to buy than ever, but most Americans still want no part of it. A new Gallup survey found that just 14% of U.S. adults own crypto, a figure that has been growing but still represents a small slice of the investing public. The study, conducted in mid-June, revealed deep skepticism about
As Brazil moves toward stricter crypto regulation, BitGo is making a timely play to become the country’s go-to institutional custodian. By launching a fully regulated subsidiary in São Paulo ahead of potential laws requiring domestic key management, the firm is positioning itself as the default solution for banks and asset managers navigating Brazil’s fast-evolving digital
China is gearing up to challenge the United States’ dominance in the global crypto and tech landscape, with rapid advancements in artificial intelligence. Chinese Premier Li Qiang is calling for global cooperation on AI, suggesting a new organization to coordinate development and security efforts. This move is part of China’s pushback against U.S. attempts to