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Officials in Singapore caution against cryptocurrency

In this post: The Singapore Minister of State for Home Affairs, Sun Xueling, has encouraged the populace not to invest in cryptocurrencies since the number of linked frauds has increased. She stated during her March 4th speech in parliament that the anonymity of cryptocurrencies makes them difficult to regulate and gives criminals an advantage. “We […]

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Trump-related economic uncertainty causes Wall Street to shelve its intentions to invest in China

In this post: Because investing in China is riskier than ever due to President Donald Trump’s unclear economic intentions, Wall Street is pulling out of the nation. As US regulations tighten, banks that had invested billions in China are now reducing employees, closing branches, and getting ready for a potential complete withdrawal, according to a […]

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WazirX will distribute recovered funds using RT tokens, which it may list for trading

In this post: According to statements made by the company’s founder, Nischal Shetty, WazirX is issuing new Recovery Tokens (RT) to distribute stolen and recovered assets to its users. If users are interested, the tokens could soon be listed on the trading floor, providing an opportunity for liquidity and additional market exposure. Naturally, the token […]

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Trudeau changes Canada’s trade policy by lowering US dependence in order to target international markets

In this post: According to Prime Minister Justin Trudeau, Canada should “walk away” from its long-standing economic dependence on the United States and open up to other international markets. Following a meeting with US President Donald Trump on Tuesday, Trudeau was able to gain a temporary exemption from US tariffs on Canadian exports. The prime […]