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Considering the tight market conditions, Nio has also put its expansion plans on hold for the time being. It has stopped any additional incentive programs such as free battery swaps for new users. In the latest development on Monday, June 12, Chinese electric carmaker Nio announced cutting the prices of
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HSBC CEO has doused fears that Silicon Valley Bank UK will suspend or not adequately focus plans on helping startups. The CEO of HSBC UK has said that Silicon Valley Bank UK will continue its regular business of serving startups regardless of new ownership. Ian Stuart noted that Silicon Valley Bank
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Gemini is looking to expand its business offerings across the UAE as regulators begin to accept applications for VASP licensing. Leading cryptocurrency exchange Gemini has announced its plans to secure a license in the United Arab Emirates (UAE) to tap into the surging interest in digital assets in the region.
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Strike will be hoping to leverage Tether’s stability as a reliable store of value to appeal to more clients globally. Strike, a global payments platform built on Bitcoin‘s Lightning Network, has added support for Tether (USDT). By integrating the world’s largest stablecoin, users of the Strike app may now carry out
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The BRICS countries are developing guidelines in response to increasing demand from countries seeking to join, according to South Africa’s Foreign Affairs Minister Naledi Pandor. “BRICS is attracting a lot of interest from a number of countries, and our sherpas are working on the concept of how the group can
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Australian crypto exchange Coinjar is seeking to put its boots on the ground in the United States, with its CEO seemingly unfazed by the market's “regulatory risk."In an interview with The Australian on May 1, Coinjar CEO and co-founder Asher Tan said he saw opportunity despite a recent wave of
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A Russian official has revealed that regular discussions are being held between Russia and other BRICS member nations regarding the expansion of the economic group. “This requires a thorough analysis and delicate internal work by the five countries to reach a consensus,” according to Russia’s Foreign Ministry. Member Countries Discuss BRICS
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"We are excited to collaborate with IPX, who is a global leader in building innovative character IP brands beloved by millions of fans around the world," Zagabond, the pseudonymous founder and CEO of Chiru Labs, said in a press release. "IP is evolving, and we see the web3 community as
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The company, which provides a way for crypto companies to access the fiat payment system, aims to capitalize on South Korea's "high level of crypto acceptance" and assist local firms in achieving greater internationalization, according to a statement shared with CryptoX. It has previously worked with the likes of Visa,
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BRICS, a set of countries grouped as an alternative to the G7, is now the world’s largest gross domestic product (GDP) bloc, taking purchasing power parity into account, according to reports from Acorn Macro Consulting. Powered By China’s growth, the group now contributes 31.5% to the global GDP, while the
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