Month: April 2023

The economy minister of Argentina, Sergio Massa, announced that starting this month, payments for imports coming from China will be settled using the Chinese yuan. The agreement, which will allow the country to safeguard its dwindling dollar reserves, involves the disbursement of more than $1 billion in April. Argentina to Settle Bilateral Transactions With China
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Britain’s Competition and Markets Authority (CMA) on Wednesday blocked Microsoft’s $69 billion (nearly Rs. 5,64,100 crore) acquisition of Call of Duty maker Activision Blizzard over concerns it would hinder cloud gaming. The ruling was a shock after the regulator had already resolved its concerns about the consoles market, a sector dominated by Sony‘s PlayStation and Microsoft‘s
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Macro Markets, hosted by crypto analyst Marcel Pechman, airs every Friday on the Cointelegraph Markets & Research YouTube channel and explains complex concepts in layperson’s terms, focusing on the cause and effect of traditional financial events on day-to-day crypto activity. The risks of a United States debt default are the first topic of this week’s
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As cryptocurrencies increasingly fall under the purview of global tax authorities, digital bank Revolut has integrated an automated tax reporting service for its users. The digital financial services provider has partnered with cryptocurrency tax solution Koinly to allow users to generate cryptocurrency tax reports to work out gains and losses. Revolut users will be able
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A China-led regional organization that covers more than half of Eurasia intends to transition to settlements in the currencies of its members. While the plan is to abandon the U.S. dollar in mutual payments, participating nations are yet to consider a common currency. Shanghai Cooperation Organization to Abandon Dollar in Favor of National Currencies The
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The ChatGPT chatbot was reactivated in Italy after its maker OpenAI addressed issues raised by Italy’s data protection authority, the agency and the company confirmed on Friday. Microsoft-backed OpenAI took ChatGPT offline in Italy last month after the country’s data protection authority, also known as Garante, temporarily banned the chatbot and launched a probe over
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WhatsApp is reportedly rolling out a new chat transfer feature that will simplify the migration of a user’s account from one device to another. The feature, which transfers chats and attachments between two phones, appears to be limited to Android phones for the time being. However, the Meta-owned messaging platform is expected to bring the functionality to iOS
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