Business & Economics

India’s CBDC Pilot Reaches 50,000 Users and 5,000 Merchants

Rabi Sankar, the Deputy Governor of the Reserve Bank of India, recently announced at a policy press conference that the central bank's digital currency...

Revolut Introduces Crypto Staking Rewards for Customers

Revolut, the digital bank valued at $33 billion, is giving its customers the opportunity to earn cryptocurrency rewards by "staking" their coins. This new...

Gold and Crypto in the Face of Federal Reserve Interest Rate Hike

Gold prices may be falling, but they're not going anywhere anytime soon as investors pay little attention to the recent interest rate increase from...

Meta Reality Labs Reports $13 billion Loss but CEO and CFO Remain Confident

Meta, the company behind the metaverse, posted its fourth-quarter earnings report on Wednesday, revealing an operating loss of $4.28 billion for Reality Labs. This...

Strict Cryptocurrency Tax Regulations to Continue in India in 2023

In 2023, India will adhere to the same strict cryptocurrency tax regulations. Nirmala Sitharaman, India's Finance Minister, didn't talk about cryptocurrencies, virtual digital assets,...

Inflation Rate Dips in Europe, But High Prices Remain

The consumer price index for the 20 countries using the euro currency fell to 8.5% in January from the previous year, according to European...