El Salvador's law making bitcoin legal tender means banks face higher risks, including of violating rules against money laundering and terrorism financing, rating agency Fitch said in a report on Friday.
Bitcoin dropped 7.37per cent to US$32,094.44 on Friday, losing US$2,554.88 from its previous close.
Bitcoin dropped 7.37per cent to US$32,094.44 on Friday, losing US$2,554.88 from its previous close.
Huawei Chief Financial Officer Meng Wanzhou's request for a publication ban on new evidence her legal team received from HSBC has been denied by a Canadian court in her U.S. extradition case, a lawyer involved in the case said on Friday.
An electric car battery plant planned by China's Envision AESC in northern France, billed as a boost to an auto industry in upheaval as some traditional jobs are lost, will create at least new 1,000 positions, a French politician said on Friday.
REUTERS -Tencent Holdings Ltd-backed Missfresh Ltd's shares fell more than 18per cent in their U.S. stock market debut on Friday, giving the Chinese online grocery company a market capitalization of about US$2.5 billion. The company sold 21 million American depositary shares (ADSs) in its initial ...
Lawyers for investors in a cryptocurrency exchange in South Africa, which told clients in April their accounts had been hacked, say US$3.6 billion has disappeared from the platform and that the two brothers who ran it cannot be traced.
President Joe Biden's plan to spend billions on charging networks in the U.S. could encourage more Americans to buy electric vehicles, giving General Motors and Ford Motor much needed fuel in the battle against Tesla Inc.
Barcelona recalls the cancellation of the Mobile World Congress (MWC) in February 2020 as the first sign that COVID-19 was a real, immediate cause for concern - a month before most of the world locked down.
REUTERS: Tencent Holdings Ltd-backed Missfresh Ltd raised US$273 million in a U.S. initial public offering on Friday, giving the Chinese online grocery company a market value of over US$3 billion. (Reporting by Sohini Podder in Bengaluru; Editing by Vinay Dwivedi)
