XRP would have its own ETF in 2025

Next year, several cryptocurrencies could have their own spot ETFs in the United States, including XRP, the cryptocurrency issued by Ripple. Eric Balchunas, ETF specialist at Bloomberg Intelligence, affirms that expects a “wave of cryptocurrency ETFs” in 2025although he warns that “not all will be approved at the same time.” This scenario would occur after … Read more

UK court rules against Andrew Tate in tax case – DW – 12/18/2024

British police can seize 2.2 million pounds ($2.5 million) from misogynistic influencer Andrew Tate and his brother Tristan, a British court ruled. Devon and Cornwall Police have classified brothers facing human trafficking and rape charges in Romania as “serial” tax evaders. The funds may have been withdrawn from several frozen accounts in the brothers’ names … Read more

A ‘growing optimism’ for a ceasefire in Gaza after 14-month-old war

The Biden administration, joined by Arab mediators, sought on Wednesday to conclude an agreement between Israel and Hamas to halt the 14-month-old war in the Gaza Strip where medics said Israeli strikes killed at least 16 Palestinians overnight. There is a “growing optimism” for a ceasefire in Gaza says FRANCE 24’s international affairs editor, Philip … Read more

Nissan, Honda hold merger talks that could create world’s third-largest carmaker

Japanese carmakers Nissan and Honda have confirmed talks aimed at deepening their cooperation as they struggle to compete with Chinese EV startups. We take a closer look. Also in this edition: Italy’s Unicredit raises its stake in German lender Commerzbank, and DR Congo accuses Apple’s subsidiaries of trafficking in conflict minerals. Source link

G20 watchdog urges governments to tackle non-bank financial risks

Zurich – The Financial Stability Board (FSB) on Wednesday made recommendations to governments to reduce risks around hedge funds, insurers and other non-bank financial intermediaries, which now account for almost half of global financial assets. The sector of non-bank financial intermediation is projected to grow by nearly 130% between 2009 and 2023, according to the … Read more