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...MTN Nigeria’s tower leases are indexed to the dollar, leading to an estimated 45-50 per cent foreign currency exposure in operating expenses, the company added....
...Coinbase’s revenue surged 45 per cent in the last quarter, according to earnings released late on Thursday....
...Bitcoin prices rose 160 per cent in 2023. This week they climbed above $45,000 for the first time since April 2022....
...At $45,525 the price is up by more than 150 per cent in the past 12 months, though it remains a third below the all-time high....
...Bitcoin was trading 3 per cent higher at about $47,000 on Thursday morning, well below the $69,000 peak it hit in November 2021 but nearly three times the $16,000 trough it hit in December 2022 after the...
...In June 2022, PayPal was issued a BitLicense by NYDFS after previously obtaining a conditional BitLicense. Reserves for PayPal USD are fully backed by U.S. dollar deposits, U.S....
...Bitcoin last month soared to a 20-month high of $44,000, and this week has climbed more than 5 per cent to about $45,200 as investor anticipation builds ahead of the SEC potentially giving the green light...
...Work on a eurozone Central Bank Digital Currency began in earnest in November, with two years allocated for the preparation phase....
...For companies in my FTSE 100 fund, for example, the tangible book value only accounts for 45 per cent of the total net asset value....
...Here’s the SEC’s recounting of the events: 45....
...Venezuela needs more hard currency to shore up its finances. But a land grab in Guyana would go down badly with the US, particularly if its oil companies lose extraction rights....
...’s foreign currency war chest dangerously depleted....
...The liner sank on its maiden voyage in 1912, resulting in the loss of about 1,500 lives....
...the nascent and expanding digital currency industry....
...to the London Metropolitan Police, does that mean only 1,000 burglaries were committed in London?”...
...“The initiative attracted traders and household buyers who traditionally invested in gold and foreign currencies,” said Farhad Saharkhiz, head of Saharkhiz Saffron, which controls almost a third of Iran’...
...of bitcoin subsequently shot up 7 per cent to nearly $28,000....
..., down to just £700,000....
...’s biggest economy came in at 248,000 for the week ending August 5 — higher than consensus estimates of 230,000 and up from 227,00 a week earlier....
...In 2017, Nike said it would begin trimming its network of retail partners from some 30,000 accounts to just 40....
...The U-turn is a blow for a crypto industry in desperate need of a win, especially after last year’s market crisis killed off once-trusted bellwethers such as FTX and Celsius. Read more here....
...for that year* and 0.1 per cent of currency in circulation....
...the US and near 45 per cent in the UK....
...Supporters of the digital currency are hoping recent prosecutions in the industry will draw a line under the sector’s troubled past and clear the way for institutional money to become involved in a more...
...Last week’s newsletter highlighted how central bankers hate a U-turn. This delays action. Low costs of waiting....
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