Global Intelligence Briefing
Markets
Interest rates expected to be held again by Bank of England
It would be the fifth hold in a row, with the Bank rate standing at 3.75% - the lowest since February 2023.
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Crypto
Japanese game developer launches Bitcoin, altcoin fund with SBI
The Bitcoin and altcoin fund builds on Gumi’s growing crypto business centered around XRP, with the company nearly doubling its crypto holdings over the past year.
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Markets
What happens here has a big impact on your money
BBC business reporter Dearbail Jordan explains how it works from inside the Bank of England.
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Crypto
US sanctions Iranian maritime firm, says it accepted Bitcoin to evade restrictions
The US Treasury said HormuzSafe accepted Bitcoin and other digital assets to evade sanctions and generate revenue for Iran’s Islamic Revolutionary Guard Corps.
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Crypto
Luno cuts 20% of staff as crypto layoffs spread across 12 firms in July
Luno and Gnosis joined a widening round of crypto restructurings in July, when at least 12 companies reported job cuts.
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