Other news

The US Securities and Exchange Commission (SEC) and Ripple are negotiating a possible settlement of the lawsuit. The focus is on whether XRP should be considered a commodity or a security.

Japan's core inflation in February likely slowed from 3.2% in January to 2.9% due to renewed energy subsidies, according to a poll of economists conducted by Reuters. Meanwhile, overall price dynamics are expected to support the central bank's intent to hike rates later this year.

First Quantum Minerals has received Panama’s approval to export stockpiled copper from its Cobre Panama mine, signaling a potential opening for negotiations to reopen the facility. The company’s shares surged 12.6% following the announcement, as reported by Bloomberg.

According to Reuters, the Bank of Japan (BOJ) is expected to keep interest rates unchanged at its meeting next week. The regulator is also supposed to discuss the risks to the country's export-driven economy posed by trade barriers on the part of the United States.

Copper smelting worldwide declined in February, according to satellite data. This marks the first drop in the last four months. The decline is largely attributed to reduced activity outside of China.

Ripple has become the first blockchain vendor to receive approval from the Dubai Financial Services Authority (DFSA) to provide regulated cryptocurrency payment services in the UAE.

Bank of Japan (BOJ) Governor Kazuo Ueda has expressed optimism about the level of consumer activity in the country. Despite the challenges that the national economy is facing due to Donald Trump's import tariffs, it is showing signs of recovery.

Financial distress among UK companies is on the rise, hitting a record high since the start of the COVID-19 pandemic. In 2024, 11.2% of British firms were struggling with low profits and lack of liquidity, Alvarez & Marsal consultancy said.

Bitcoin's market dominance has reached a 4-year high with a share of more than 62%. This is the highest level since March 2021, despite a recent correction by 29%.

Japan's largest labor union group has reached agreements on substantial wage increases, its representatives said on Thursday. According to Reuters, officials and employers have generally agreed on the need for significant wage increases to support workers amid soaring inflation.