The Mexican automotive market is undergoing a significant transformation as Chinese car manufacturers gain a foothold, disrupting the dominance of long-standing luxury brands like Mercedes-Benz and BMW, as per an AFP report. Traditionally, Mexico’s high-end car market leaned heavily on European and American manufacturers, but changing consumer preferences, price sensitivity, and improved quality are paving… Continue reading Affordable Chinese cars disrupt BMW and Mercedes sales in Mexico
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Bitwise seeks approval for ETF tracking companies holding over 1,000 BTC
Bitwise has filed an application to list and trade shares of an exchange-traded fund that will track companies holding significant amounts of Bitcoin as part of their treasury. The asset management firm’s regulatory filing with the US Securities and Exchange Commission on Dec. 26 outlines the ‘Bitcoin Standard Corporations ETF’ as a fund that will… Continue reading Bitwise seeks approval for ETF tracking companies holding over 1,000 BTC
What makes iDEGEN an exciting meme coin to buy as we head into 2025?
Cryptocurrencies are broadly expected to have a strong 2025 as Donald Trump makes good on his promise of pro-crypto regulatory policies after taking office in January. A lack of a basic regulatory framework for exchanges and trading of cryptocurrencies is the predominant reason why many still feel reluctance in spending on this asset class, as… Continue reading What makes iDEGEN an exciting meme coin to buy as we head into 2025?
US probes China’s growing influence in legacy chips
The US is preparing to ramp up its trade restrictions on China’s semiconductor industry, this time focusing on legacy chips. With weeks remaining in its term, the Biden administration is poised to launch an investigation into Chinese-made legacy semiconductors, potentially leading to tariffs or import bans, as per a report from The New York Times.… Continue reading US probes China’s growing influence in legacy chips
Nvidia stock dips 5% as Broadcom surges 40% in five days
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UK launches review on AI training using copyrighted content
The UK government has launched a consultation aimed at addressing the growing tension between AI developers and the creative industries over copyright use. The move seeks to provide clarity on how intellectual property (IP) is acquired and used by AI firms to train their models, ensuring a balance between technological innovation and creator rights. Amid… Continue reading UK launches review on AI training using copyrighted content
Walmart de Mexico hit with 10-year restrictions over supplier practices
Walmart de Mexico, the country’s largest retail chain, faces a significant regulatory blow as Mexico’s Federal Competition Commission imposed a $4.6 million fine for monopolistic practices. The company will operate under stringent conditions for the next 10 years. The regulator accused Walmart of leveraging its dominant market position to pressure suppliers into granting unfair discounts,… Continue reading Walmart de Mexico hit with 10-year restrictions over supplier practices
Metaplanet raises $30 million via zero-interest bonds to grow Bitcoin holdings
Japan-listed company Metaplanet is issuing 4.5 billion yen ($30 million) worth of zero-interest bonds to expand its Bitcoin holdings. This move aligns with its strategy to accumulate the cryptocurrency as a core asset. Metaplanet’s move mirrors MicroStrategy’s widely recognised approach of leveraging corporate reserves to acquire Bitcoin, positioning itself as a Bitcoin-focused business in Japan.… Continue reading Metaplanet raises $30 million via zero-interest bonds to grow Bitcoin holdings