News list for "paris"
Turkish digital asset platform Paribu has announced the acquisition of CoinMENA, the largest local cryptocurrency exchange in the Middle East and North Africa (MENA) region, at a valuation of up to $240 million. With this acquisition, Paribu will expand from the Turkish domestic market to the MENA region with high cryptocurrency adoption rate, and obtain two valid digital asset licenses issued by the Dubai Virtual Asset Regulatory Authority (VARA) and the Central Bank of Bahrain.
BNP Paribas has joined the European stablecoin union, the CFO said.
The Society for Worldwide Interbank Financial Telecommunication (SWIFT) has previously disclosed that it is using the Ethereum L2 network Linea to test the on-chain messaging function. According to the latest news, BNP Paribas and BNY have begun to participate in the test. The project currently involves "more than a dozen Financial Institution Groups". A source who asked not to be named said that the full test work is expected to take several months to achieve, but it will bring an important tec...
Strategists at BNP Paribas said in a report that if the Federal Reserve announced a rate cut on Wednesday, the trend of the dollar could deviate from the historical trend. Historically, if there is no recession after the first rate cut, the dollar tends to rise in the following months, supported by capital inflows into the US stock market. If there is a recession, the dollar usually benefits from safe-haven inflows. However, this time the situation may be different: if the probability of a reces...
The Bitcoin-buying firm implied its earnings are recurring during an earnings call, Andy Constan said.
BNP Paribas: The European Central Bank is no longer expected to cut policy rates in 2025 (previously forecast for September).
Is it time to go long on the yen? BNP Paribas Asset Management believes that the yen is increasingly benefiting from factors such as rising interest rates and safe-haven buying. Click to view...
February 17 news, according to Jin Ten reports, BNP Paribas Markets 360 analysts expect that the Federal Reserve may not cut interest rates until mid-2026. They have held this view since the beginning of December last year. Their forecast is based in part on expectations of tariffs, but recent news suggests that they may have to raise their preliminary estimate of tariffs. This makes analysts more confident in their inflation expectations, which are already higher than the market consensus. Mone...
According to Fortune, OpenAI CEO Sam Altman said in an interview ahead of the AI Action Summit in Paris that the new Trump administration is a "breath of fresh air" for the tech industry, and its low-regulation policies have brought significant changes to Silicon Valley. Altman has previously donated $1 million to the Trump Inauguration Fund and co-announced Stargate, a $500 billion AI infrastructure project with the president. Altman said that the US technology industry is looking forward to th...
The United States and the United Kingdom did not sign the Paris artificial intelligence summit statement on sustainable and inclusive artificial intelligence.
