• April 24, 2024
Crypto Breaking News! Reuters: Venezuelan Oil Expands USDT Payments as U.S. Oil Cuts Return

FX168 Financial News (Asia-Pacific) - Venezuela's state-owned oil company PDVSA plans to increase the use of digital currency in crude oil and fuel exports as the United States reimposes oil sanctions on the country, according to three people familiar with the matter, according to an exclusive report published by Britain's Reuters news agency on Tuesday (April 23rd). (Screenshot via Reuters The U.S. Treasury Department last week asked PDVSA's customers and suppliers in 5...

  • April 23, 2024
Hong Kong Shatin District Councillor Mr. Tang Siu-fung: ETFs Allow Individual Investors to Participate in the Virtual Money Market with Small Investments

Golden Financial reported that Hong Kong Sha Tin District Councillor Tang Shiu-fung published an article "Grasping Financial Innovation Opportunities without Forgetting to Eliminate Risks" on page A14 of Hong Kong Wen Wei Po, which pointed out that the launch of Hong Kong's Virtual Currency ETFs brings three opportunities to the market: 1) Enhancing the liquidity and transparency of market pricing, the Virtual Currency ETFs provide investors with a more flexible and transparent way of investing; 2) Enhancing the diversification of risk in the portfolio; 3) Enhancing the efficiency of Virtual Currency ETFs; 4) Improving the efficiency of the Virtual Currency ETFs; 5) Improving the risk diversification of the portfolio. Increase the efficiency of portfolio risk diversification...

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