Facebook to launch 'Novi' digital wallet ahead of its cryptocurrency 'Diem'
Aug 29, 2021 07:39 am UTC| Digital Currency Economy
Facebook is gearing up to launch a digital wallet knows as Novi that would allow cryptocurrency storage, as it figures out the best time to release its cryptocurrency, dubbed Diem, according to the head of Facebook...
El Salvadorans protest against adoption of Bitcoin as official currency
Aug 29, 2021 07:01 am UTC| Digital Currency Economy
El Salvadorans protested on the streets Friday against the adoption as an official currency of Bitcoin, putting it on a level with the US dollar. Workers, veterans, and pensioners voiced their concerns about the use of...
India's central bank to launch e-currency
Aug 29, 2021 02:04 am UTC| Digital Currency Economy
The Reserve Bank of India (RBI) may launch a pilot of its central bank digital currency (CBDC) by December this year, according to governor Shaktikanta Das, who added that the bank is extremely careful about the new...
Coronavirus temporarily shuts down Pokemon Centers, stores, and cafes across Japan
Aug 28, 2021 16:27 pm UTC| Life Economy
The Pokemon Company is indeterminately closing 14 Pokemon Centers, seven Pokémon Stores, and two Pokemon Cafes across Japan due to surging coronavirus infections in the country. The closures began...
Cuba to recognize cryptocurrency payments to circumvent US sanctions
Aug 28, 2021 15:41 pm UTC| Digital Currency Economy
Cuba will recognize and regulate cryptocurrencies for payments to help circumvent toughened embargo rules originally imposed under former US President Donald Trump. The countrys central bank will set rules on...
Aug 28, 2021 07:30 am UTC| Business Economy
SK Group and its chairman Chey Tae Won are facing legal punishment due to a case related to its acquisition of LG Siltron in 2017. It was reported that that South Koreas antitrust regulator will South Koreas antitrust...
Lululemon announces hiring spree for 8,000 workers
Aug 28, 2021 07:30 am UTC| Business Economy
Lululemon Athletica, a Canadian-American multinational athletic apparel retailer, headquartered in Vancouver, announced it will begin hiring for new workers and the target is to onboard 8,000 people who will be assigned to...
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