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SVB contagion will not hinder Chinese tech sector

Location:

CHINA

Its collapse, and the ensuing contagion, has raised serious questions about the outlook for China’s tech ecosystem. The issue is especially salient given the political…

Mainstream interest in cryptocurrencies has momentum

Location:

INTERNATIONAL

Cryptocurrencies outlook

Bitcoin is unlikely to trigger a wider market crash

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INTERNATIONAL

The launch last month on two major US futures exchanges of derivative contracts on bitcoin, the largest cryptocurrency by market capitalisation, will broaden bitcoin’s ownership…

Prospects for fintech to end-2017

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PROSPECTS H2 2017

Prospects for fintech to end-2017.

Egypt's tech pioneers aspire to a global role

Location:

EGYPT

These came after leading fintech firm, Fawry, achieved ‘unicorn’ status in August 2020 with a market valuation over USD1bn, and after transportation app Swvl announced plans to…

SVB failure spells contagion but not systemic risk

Location:

INT

The Federal Reserve (Fed) yesterday announced emergency measures to backstop banks facing short-term liquidity pressures, in order to forestall bank runs like those which…

Mexico fintech sector to boom as the economy struggles

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MEXICO

Mexican fintech growth.

Russia's top bank leads sector revolution

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RUSSIA

The expansion into retail reflects the transition of state-controlled Sberbank, Russia's largest bank from financial institution into a digital 'ecosystem' rebranded as Sber. Its…

El Salvador bitcoin experiment comes with risks

Location:

EL SALVADOR

The government hopes to encourage the cryptocurrency’s use for domestic and international transactions, with the aim of boosting financial inclusion. However, it has been…

Foreign investment recovery may disappoint in Iran

Location:

IRAN

Following the removal of sanctions last month, the government is looking to the return of foreign direct investment to kick-start an economic recovery. However, its ambitions to…