Tag: StateBacked
State-Backed Chinese Company Announces FED’s Forecasts for the Future Interest Cycle: When is the Cut?
A recent study by China International Capital Corporation (CICC) emphasized that the current cycle of the US Federal Reserve (FED) does not fundamentally support early interest rate cuts. The research…
State-Backed Mutual Fund Changes Opinion After FTX: Will Not Invest in Crypto!
Temasek, a giant investment fund affiliated with the Singapore state, has announced that it will not invest in the crypto money sector as long as the atmosphere of regulatory uncertainty…
Indonesia Targets Mid-2023 for State-Backed Stock Exchange
Cryptocurrencies With its wider acceptance, states feel the need to make more regulations in this area. Examples like Singapore and the United Arab Emirates are adopting this technology, while China…
State-Backed Bank Expands Cryptocurrency Service to Chinese Territories
Singapore state-backed giant bank DBS is preparing to move its crypto money services to Hong Kong. According to Bloomberg’s report, DBS is currently in Hong Kong to provide crypto services…
Crypto-Friendly Candidate Wins South Korean Presidential Election, State-Backed ICON (ICX) Rises More Than 70%
The state-backed ICON (ICX) has risen more than 70% in the past 12 hours after crypto-friendly candidate Yoon Suk-yeol won the South Korean presidential election. of the BBC according to…