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The World Trade Organization (WTO) commemorated the 30th anniversary of the Marrakesh Agreement on April 15th, 1994, a landmark accord that established the body as the cornerstone of the contemporary global trading system. Signed by 123 nations, the agreement ushered in a new era of international commerce, guided by principles of transparency, fairness, and predictability. WTO Director-General Ngozi Okonjo-Iweala hailed the anniversary as a testament to the […]

Hong Kong’s consultation period for licensing over-the-counter (OTC) cryptocurrency trading platforms concluded on April 12th, leaving industry participants with lingering questions about the regulatory framework’s scope and implementation. While the consultation paper focused solely on Bitcoin and Ethereum, industry voices are advocating for the inclusion of stablecoins like Tether (USDT) and USD Coin (USDC) within the regulatory ambit. Additionally, concerns have been raised regarding the proposed implementation […]

K3 Legal Hong Kong gives access to clients to legal services across multiple jurisdictions including China’s Greater Bay Area, Japan, and New Zealand HONG KONG SAR – Media OutReach Newswire – 15 April 2024 – K3 Legal, a leading law firm in Auckland, New Zealand, has received approval from The Law Society of Hong Kong to launch an association with Fred Kan & Co., a law firm […]

TAIPEI (AP) – In a move signaling progress toward clearer regulations and industry-led governance, Taiwan has reportedly granted approval for the establishment of a cryptocurrency industry association. The development comes as digital assets experience a surge in global interest, but also face growing scrutiny over potential risks. The association’s formation is expected to pave the way for increased collaboration between industry participants and regulators, with the goal […]

Hong Kong is inching closer to becoming a major player in the cryptocurrency world with the anticipated approval of Bitcoin and Ether exchange-traded funds (ETFs) as early as next week. This move signifies a significant shift for the region, potentially solidifying Hong Kong’s position as a hub for digital assets. The news comes as Hong Kong seeks to carve out a niche in the burgeoning cryptocurrency market. […]

Coinbase, a leading cryptocurrency exchange, has secured a restricted dealer license in Canada, according to industry reports. This move signifies the company’s international expansion strategy as it grapples with ongoing regulatory hurdles in the United States. The restricted dealer license, granted by the Canadian Securities Administrators (CSA), allows Coinbase to operate within a specific regulatory framework. While the details of the license haven’t been publicly disclosed, it’s […]

Cryptocurrency exchange Crypto.com has achieved a significant milestone in its global expansion plans after receiving a full operational license from Dubai’s Virtual Assets Regulatory Authority (VARA). This approval makes Crypto.com’s Dubai subsidiary, CRO DAX Middle East FZE, the first fully licensed entity authorized to handle both fiat and crypto currencies within the United Arab Emirates (UAE). The development comes after Crypto.com underwent a multi-stage approval process established […]

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HONG KONG SAR – Media OutReach Newswire – 12 April 2024 – Today, IX Asia Indexes announced the 2024 1st quarter review of ixCrypto Index (“IXCI”), ixCrypto Portfolio Indexes and ixCrypto Stablecoin Index (IXSCI). The constituent changes will be effective on 19th April, 2024 (Friday). The results of the constituent review and exchange review are as follows: 1. Constituent Review – ixCrypto Index Series 1.1 ixCrypto Index […]

AlphaX Exchange proudly announces the triumphant conclusion of its inaugural airdrop event ADELAIDE, AUSTRALIA – Media OutReach Newswire – 12 April 2024 – AlphaX Cryptocurrency Exchange proudly announces the triumphant conclusion of its inaugural airdrop event, a testament to its commitment to providing value-driven opportunities to users. The event witnessed the distribution of 5000 ENA tokens, resulting in an astounding surge of 368%, highlighting the overwhelming response […]

Arabian Post Special Americana Group’s Initial Public Offering (IPO) is poised to be a landmark event for the UAE stock market. The company, the largest quick-service restaurant operator in the Middle East, boasts a brand portfolio that includes regional favorites like KFC and Pizza Hut. This offering is expected to inject a significant amount of capital into the market, raising $1.8 billion according to reports. This influx […]

Asian currencies are back in the spotlight, particularly the Japanese yen and the Chinese yuan, which is bringing currency volatility to the forefront of global investors’ minds. On Thursday, the yen slipped to its lowest level since 1990 — ¥153 against the dollar. Meanwhile, China has been ramping up support for the yuan with a record fixing. Amid Tokyo’s now familiar verbal warnings about excessive declines this week, and […]

And announced to be the first and only brokerage firm authorized token-in-token-out HONG KONG SAR – Media OutReach Newswire – 11 April 2024 – Victory Securities (“Victory”) announced the launch of its first securities and virtual assets trading app in Hong Kong – VictoryX (Chinese name: 勝利通) , the first licensed corporation in Hong Kong to offer a single app for asset allocation on securities and virtual […]

In a move that underscores the deepening relationship between the United Arab Emirates (UAE) and India, Abdullah bin Zayed Al Nahyan, the UAE’s Minister of Foreign Affairs and International Cooperation, met with his Indian counterpart, Subrahmanyam Jaishankar, on the sidelines of the recent “Friends of BRICS” meeting in Cape Town, South Africa. The meeting, which comes on the heels of Sheikh Abdullah bin Zayed’s visit to New […]

The UAE Alliance for Climate Action (UACA), a prominent non-state actor initiative in the United Arab Emirates, has bolstered its ranks with the addition of new members from academia and the private sector. This announcement comes amidst the critical “Road to COP28” event held in Dubai, highlighting the alliance’s unwavering commitment to achieving decarbonization goals in the lead up to the 28th Conference of the Parties (COP28). […]

HONG KONG SAR – Media OutReach Newswire – 11 April 2024 – The ambitious sustainability goals set by China and California, US, which are at the forefront of combatting climate change, have made collaborations between the Greater Bay Area (GBA) and the American state more pertinent than ever, speakers at the inaugural Hong Kong Climate Forum: Greater Bay Area – Climate Action and Cooperation held on 25 […]

Leading Crypto Exchange BingX Becomes the First Crypto Exchange to List $HIGHER and $Dino VILNIUS, LITHUANIA – Media OutReach Newswire – 10 April 2024 – The Base Chain ecosystem is witnessing a surge in popularity. Within this vibrant space, Warpcast, a social community platform, has carved a niche for itself. With its enticing prospect of earning Degen coin airdrops, Warpcast has seen a steady rise in its […]

SINGAPORE – Media OutReach Newswire – 9 April 2024 – 2024 is without doubt is a year for Asia’s boom and India’s resilience against atrocities of the COVID-19 pandemic, the ongoing geopolitical tensions, and elevated interest rates. The latter of which has been catching a lot of attention recently from a foreign direct investment perspective. Many analysts speculate that India might be entering a decade-long era of […]

The Ras Al Khaimah Economic Zone (RAKEZ) recently embarked on a promotional tour across five major cities in China, aiming to lure Chinese investors with the emirate’s plethora of business opportunities. RAKEZ representatives engaged with a significant number of potential investors, showcasing Ras Al Khaimah’s robust infrastructure, strategic location, and investor-friendly policies. This targeted outreach aligns with the flourishing trade ties between China and the United Arab […]

By Sushil Kutty As Prime Minister Narendra Modi dreams of “400 paar”, the Congress and the Aam Aadmi Party have made their final pitches, hoping to strike pay-dirt, i.e., Prime Minister Narendra Modi will meet his Waterloo come June 4, 2024. Congress released its bombshell manifesto and AAP trained guns on the BJP, claiming that […]

The post AAP, Congress Make Last Ditch Effort To Take On The BJP In LS Polls first appeared on Latest India news, analysis and reports on IPA Newspack.

The Muscat Stock Exchange (MSX) capped off the day on an optimistic note, inching up 8.8 points to close at 4,689.42 on Sunday, April 7th, 2024. This translates to a modest gain of 0.19% compared to the previous trading session’s closing of 4,680.67 points. While the increase was slight, it reflects a continuation of positive sentiment in the Omani bourse. The overall market value also witnessed a […]

Cathie Wood, the influential CEO of Ark Invest, has lauded Hong Kong’s approach to regulating cryptocurrencies, urging U.S. policymakers to consider a similar framework. In a recent interview, Wood praised Hong Kong’s efforts to establish clear and comprehensive regulations for the crypto industry, contrasting it with the current state of uncertainty in the United States. Wood, known for her bullish stance on disruptive technologies, believes that clear […]

KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 5 April 2024 – The need for higher income and a better work-life balance forces more and more people to look for supplementary sources of income. Among those, investing stands out as a legal and potentially profitable way to accrue wealth, safeguard personal savings against inflation, or achieve immediate financial gains to address daily needs. In this article, the […]

BlackRock Inc., the world’s largest asset manager, has taken a significant step towards bolstering the liquidity and accessibility of its spot Bitcoin exchange-traded fund (ETF), iShares Bitcoin Trust (IBIT). The firm recently expanded its roster of Authorized Participants (APs) by onboarding five major Wall Street institutions: ABN AMRO Clearing USA, Citadel Securities, Citigroup Global Markets, Goldman Sachs & Co., and UBS Securities. Authorized Participants play a critical […]

Hut 8 Mining, a prominent North American Bitcoin miner, has revealed a surge in interest from institutional investors seeking to purchase the cryptocurrency directly from the company. According to Hut 8 CEO Asher Genoot, major banks have approached the firm in recent times, eager to acquire Bitcoin amid dwindling supplies on centralized exchanges. Genoot attributed this newfound interest to a combination of factors. On the one hand, […]

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