Line Next, a subsidiary of Line Corporation, said on Dec. 13 that it has secured a $ 140 million investment in a funding round led by the Peter Thiel-sponsored Crescendo Equity Partners. Line Next has said it will use the capital raised to fund the expansion of its global business and develop new services. …
Robert Kiyosaki Warns ‘This Next Crash May Turn Into a Depression’
Rich Dad Poor Dad author Robert Kiyosaki has warned that a soft landing for the U.S. economy is a fantasy, emphasizing that a crash landing is more likely. Noting that he already warned of this giant crash in his Rich Dad’s Prophecy book, the famous author stressed: “This next crash may turn into a depression.” […]
Digital Ruble Pilot to Expand to Execute Budget Expenditures Next Year
Anton Siluanov, the finance minister of Russia, has announced that the Central Bank of Russia will expand the pilot phase of the digital ruble next year to include the execution of still undefined targeted budget expenditures. Digital Ruble to Be Leveraged for Budget Expenditures The digital ruble, Russia’s central bank digital currency (CBDC), is now […]
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JPMorgan Says JPM Coin Could Handle $10 Billion in Daily Transactions Next Year
Global investment bank JPMorgan expects its digital currency, JPM coin, to “start taking off.” The bank says JPM coin could handle $ 10 billion in daily transactions in the next year or two, according to its global head of financial institution payments. He emphasized that JPM coin transactions should grow at least five to …