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Asian shares showed mixed results following a record-setting day for the Nasdaq, with Tokyo's Nikkei 225 gaining 0.2% while Chinese markets declined. Investors await the Federal Reserve's interest rate decision, with expectations of a third consecutive cut to support the job market. Bitcoin reached a new high, boosting MicroStrategy shares, while oil prices fell slightly.
BYDFi has officially joined South Korea’s CODE VASP Alliance, enhancing its compliance with local regulations, including the 'Travel Rule' for crypto transactions. This partnership, which integrates VerifyVASP's compliance services, underscores BYDFi's commitment to safety and transparency in the crypto market. Co-founder Michael Hung highlighted that this milestone significantly advances their global compliance strategy and user security.
BYDFi has officially joined South Korea’s CODE VASP Alliance, enhancing its compliance with local regulations and the Global Travel Rules. This integration, supported by VerifyVASP, aims to improve safety and transparency in crypto transactions, reinforcing BYDFi's commitment to user security and regulatory adherence. Co-founder Michael highlighted this milestone as a significant step in their global compliance strategy, catering to the South Korean market's demands.
BYDFi has officially joined South Korea’s CODE VASP Alliance, enhancing its compliance with local regulations and integrating a Travel Rule compliance solution. This partnership, aimed at meeting stringent AML and CFT standards, marks a significant step in BYDFi's commitment to providing a secure and transparent trading environment. Co-founder Michael highlighted the importance of this collaboration in strengthening user security and advancing the platform's global compliance strategy.
BYDFi has officially joined South Korea’s CODE VASP Alliance, enhancing its compliance with local regulations, including the Travel Rule. This integration, supported by VerifyVASP, aims to bolster safety and transparency in crypto transactions, reflecting BYDFi's commitment to regulatory adherence and user security. Co-founder Michael highlighted this milestone as a significant step in their global compliance strategy, ensuring a secure trading environment for users in South Korea.
Pi Network has issued critical warnings urging users to rely solely on official channels and to use the authentic Pi Wallet within the Pi Browser to avoid scams. With 14 million users verified and a target of 15 million by December 31, the project faces skepticism over its delayed mainnet launch and ongoing controversies. The team plans to unveil the mainnet roadmap in December, aiming to clarify the timeline for buying and selling Pi tokens.
10:47 16.12.2024
China's November retail sales fell short of expectations, influenced by the timing of the singles shopping festival, leading consumers to shift spending towards government-supported areas. This trend mirrors Japan's 1990s spending voucher initiatives, highlighting the need for fiscal policy to address consumer concerns.In South Korea, President Yoon's impeachment moves to the Supreme Court, with a trial set for December 27, potentially reducing the risk of significant labor strikes. Meanwhile, assorted business sentiment polls are anticipated, though skepticism about their accuracy is advised due to the current climate of sensationalism and political polarization.
China's November retail sales fell short of expectations, influenced by the timing of the singles shopping festival, leading consumers to shift spending towards government-supported areas. This trend mirrors Japan's 1990s spending voucher initiatives, highlighting the need for fiscal policy to address consumer concerns.In South Korea, President Yoon's impeachment moves to the Supreme Court, with a trial set for December 27, potentially reducing the risk of significant labor strikes. Meanwhile, assorted business sentiment polls are anticipated, though skepticism about their accuracy is advised due to the current climate of sensationalism and political polarization.
Wall Street saw mixed results as Bitcoin surged past $107,000, fueled by optimism over potential pro-digital currency policies from President-elect Trump. The Federal Reserve is expected to announce a third consecutive interest rate cut, aiming to support a slowing job market while managing inflation, which remains a concern. Broadcom's stock rose 6.8% after a strong earnings report, while Nvidia fell 2.5%, reflecting its significant impact on the S&P 500.
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