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By Satyaki Chakraborty In a major development in Latin American politics, defying all opinion poll projections, the candidate of the ruling centre left Peronist coalition Sergio Massa trounced the far right challenger Javier Milei in the first round of Presidential elections held on Sunday, October 22. Since no candidate out of the contesting five got […]

The post Peronist Sergio Massa Emerges Number One In Presidential Elections In Argentina first appeared on Latest India news, analysis and reports on IPA Newspack.

India is rejecting pressure from Russian oil suppliers to pay for crude imports in the Chinese currency as tensions between New Delhi and Beijing continue to simmer. Some Russian oil suppliers are demanding payment in yuan, according to a senior Indian official directly involved in the negotiations and another senior person at a state-owned oil […]

The post India Pushes Back Against Russia’s Demands To Pay For Oil Imports In Yuan first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: The Chinese yuan has surpassed the euro to become the world’s second-most used currency in SWIFT trade settlements, according to data from the international SWIFT system. This marks a significant milestone in China’s efforts to internationalise its currency. As of September 2023, the yuan accounted for 5.8% of international payments, up from 4.82% […]

The post Chinese Yuan Beats Euro, Is 2nd Most Used Currency In Global Payments System SWIFT first appeared on Latest India news, analysis and reports on IPA Newspack.

DUBAI, UNITED ARAB EMIRATES – Media OutReach – 20 October 2023 – Bybit, the world’s third most visited crypto exchange, is excited to announce the launch of Pop Social on its Web3 IDO platform. Bybit users can now participate in the token sale of Pop Social (PPT), the ultimate Web3 AI social media platform, and be part of the groundbreaking community. Pop Social aims to revolutionize the […]

Matein Khalid While hardly news to the cognoscenti of Dalal Street and Planet Desiwalla, India’s stock market has been on a roll and it seems as if everyone of the 330 million gods in the Hindu pantheon were cheerleaders for its bullish macro ballast. If James Bond has a license to kill, India is a license to make money since the end of the near biblical macro […]

The United Arab Emirates (UAE) is renowned for its opulent skyscrapers, sprawling deserts, and booming businesses. But beyond the glitz and glamour lies a thriving financial market that is rapidly becoming a hotspot for online trading. With the advent of technology and digitization, online trading in UAE has emerged as an enticing arena for investors, both seasoned and novices. For beginners, this journey might appear daunting, but […]

NEW DELHI: The government will take a calibrated approach on cryptocurrency and is not going to rush ahead despite the recommendations of a synthesis paper prepared by the International Monetary Fund (IMF) and the Financial Stability Board (FSB) having been accepted by G20 finance ministers and central bank governors in Marrakech last week. While the […]

The post Government Set To Adopt Calibrated Crypto Approach, Won’t Rush first appeared on Latest India news, analysis and reports on IPA Newspack.

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The tragic, ongoing Israel-Hamas war is a harrowing reminder of the enduring geopolitical turmoil in the Middle East. Amidst this appalling crisis, the value of Bitcoin, a digital currency often categorised as a “risk on” asset class, has dropped, alongside most other riskier assets, including global stock markets. However, there are reasons, and also historical context, to suggest that due to its underlying core characteristics, should the […]

MUMBAI: The Reserve Bank of India (RBI) could consider rolling over a $5-billion foreign exchange swap set to mature next week as the central bank, which has repeatedly flagged inflationary risks stemming from excess funds with banks, prioritises liquidity management over bolstering forex reserves. Some investors believe that a current deficit in headline liquidity prints […]

The post RBI May Opt To Roll Over $5-Billion Forex Swap first appeared on Latest India news, analysis and reports on IPA Newspack.

DUBAI, UNITED ARAB EMIRATES – Media OutReach – 18 October 2023 – Bybit, the world’s third most visited crypto exchange, held a remarkable collaboration with Dubai Multi Commodities Centre (DMCC) at the Future Blockchain Summit from Oct. 15-18 at the Dubai Harbor. At the Future Blockchain Summit, Bybit and DMCC’s booth was more than just a display; it was a window into the concept of The Crypto […]

Imagine yourself in the following situation: you are about to make a purchase and are faced with a decision: do you want to buy in a digital marketplace using traditional cash or do you want to explore the world of cryptocurrencies? A remarkable confluence of virtual assets and online transactions has resulted from the enticing intersection of the e-commerce and cryptocurrency worlds. In the paragraphs that follow, […]

By Arun Kumar Shrivastav Under India’s presidency, The Group of Twenty (G20) unanimously adopted a regulatory roadmap for cryptocurrencies at a meeting in Marrakesh, Morocco, on October 13. The intergovernmental forum, comprising 19 sovereign countries, the European Union, and the African Union, accepted the proposals made in the joint report by the International Monetary Fund […]

The post G20 Adopts A Regulatory Roadmap For Cryptocurrencies On The Basis Of IMF Proposal first appeared on Latest India news, analysis and reports on IPA Newspack.

Phoenix Group, providing blockchain and crypto solutions, announced its impending Initial Public Offering (IPO) on the Abu Dhabi Securities Exchange (ADX). Phoenix Group is co-founded by pioneering blockchain and cryptocurrency specialists, Bijan Alizadeh and Munaf Ali and overseen by a board including Tareq Alhosani Abdulraheem  and Elham Alqasim. This upcoming listing would represent an important IPO for the UAE, with Phoenix Group being the first privately owned […]

DUBAI, UNITED ARAB EMIRATES – Media OutReach – 13 October 2023 – Bybit, the world’s third most visited crypto exchange, is proud to announce its partnership with Decentra, a separate entity affiliated with the Blockchain Center, to bring an exciting eight-week Blockchain Bootcamp to the CIS region. Bybit is making blockchain education more accessible in the CIS region. This sponsorship comprises two parts — an eight-Week Online […]

HONG KONG SAR – Media OutReach – 13 October 2023 – Today, IX Asia Indexes announced the 2023 3rd quarter review of the ixCrypto Index (“IXCI”) and ixCrypto Portfolio Indexes. The constituent changes and recapping at 40% of IXCI and ixCrypto Portfolio Indexes will be effective on 20th October 2023 (Friday). Results of the constituent review and exchange review as follows: 1. Constituent Review 1.1. ixCrypto Index […]

Matein Khalid Anguished at the atrocities in Israel/Gaza, I turn to a happier and happening EM, my obsession du jour in deal heat. Mel Gibson, Sigourney Weaver and Billy Kwan’s tale of love and betrayal in the twilight of Sukarno’s Jakarta, the year of living dangerously. My interest is now beyond hanging out in the beach clubs of Uluwatu and Kota amid the mysticism and Aussie sheilas […]

Rania Gule The digital currency markets, particularly Bitcoin and Ripple, have experienced their worst performance in recent weeks, and this wasn’t significantly related to the geopolitical situation in Palestine. However, there have been some positive legal developments, particularly regarding Ripple, but these haven’t yet translated into realistic price improvements for Ripple. Additionally, Ripple had to accept the resignation of its Chief Financial Officer, Christina Campbell, who joined […]

The UAE Ministry of Economy announced that US-based Fluent Finance, the developer of a cryptocurrency-based payment platform that facilitates cross-border trade, has joined its NextGen FDI program. The web3 company, which was founded in Delaware in 2020, plans to launch operations in Abu Dhabi and plans to grow its workforce to between 100-125 people within five years. Fluent will use its new UAE headquarters to deploy and […]

The US dollar strengthened against most of its major peers this week as traders digested the shock attack by Hamas within Israel. The ICE US Dollar Index DXY, a gauge of the currency’s strength against a basket of rivals, rose 0.5% to 106.52, according to FactSet data. This is hardly surprising as in times of geopolitical crises, investors typically pile into safe haven assets, such as the […]

Decentralised crypto futures and spot exchange DEX BANUS, implements a deflationary approach to crypto futures with highly sought-after Burn and Buyback strategies. Puerto Banus, Marbella – October 9, 2023 /MarketersMEDIA/ — A new entrant has joined the ranks of decentralised cryptocurrency exchanges that aim to eliminate intermediaries, reduce costs, and address structural issues. DEX BANUS is fostering a resilient decentralised futures exchange by bringing decentralisation to futures […]

SINGAPORE – Media OutReach – 5 October 2023 – Academic Labs, a pioneering education start-up utilising Web 3.0 & AI Technology, has announced a strategic partnership with Web3 Conglomerate, AsiaTokenFund Group (ATF). The objective of this alliance is to foster the development of innovative education that integrates Web3 and Artificial Intelligence platforms across the globe. The collaboration brings together the revolutionary educational infrastructure of Academic Labs and […]

SINGAPORE – Media OutReach – 5 October 2023 – BingX, a leading cryptocurrency exchange platform, has released an in-depth analysis of tokens that could potentially see a huge price increase in Q4 2023. The Altcoins Research Report provides valuable insights for investors looking to capitalize on the next big altcoins surge. Key Highlights from the Report: 1. Bitcoin Price Prediction: Despite Bitcoin’s impressive market capitalization of $550 […]

DUBAI, UNITED ARAB EMIRATES – Media OutReach – 3 October 2023 – Bybit, the world’s third most visited crypto exchange, is pleased to announce the addition of the Futures Martingale trading bot to its comprehensive range of bot trading solutions. The Futures Martingale trading bot is specifically designed to optimize trading strategies and aims to potentially lower average costs. Key features include: Automated Position Scaling: Adjusts investment […]

Arabian Post Staff Dubai based DeFi startup DTR has launched UAE dirham-backed stablecoin, DRAM. Stablecoins have been one of the most pivotal use cases for digital assets. Traditionally, the stablecoin landscape has been dominated by US dollar-backed stablecoins such as USDT, USDC, and the recently introduced PYUSD. To gauge their popularity, one only needs to look at the numbers i.e., the total market cap of stablecoins hovers […]

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