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The recent rise in the price of Bitcoin sent shockwaves across the crypto market. In particular, as with any spike in volatility, the options markets saw the most significant fluctuation due to the rise in volatility. Key data points…

The iShares spot Bitcoin exchange-traded fund (ETF) proposed by investment firm BlackRock has been listed on the Depository Trust & Clearing Corporation (DTCC), suggesting potential approval by the United States Securities and Exchange…

Columnists How KRA’s authorised operators are facilitating cross-border trade Friday October 20 2023 PHOTO | SHUTTERSTOCK Besides its role of revenue collection, the Kenya Revenue Authority (KRA) is one of the government…

Fourteen years ago today, on October 12, 2009, a historic moment unfolded in the world of Bitcoin as Bitcoin saw its first-ever trade for U.S. dollars. This pivotal event, orchestrated by Martti "Sirius" Malmi, a developer who worked…

In the ongoing dance between the feds and those dabbling in the dark art of fentanyl trafficking, the United States Treasury's Office of Foreign Assets Control (OFAC) is certainly stepping on some toes. The feds’ size 12s have landed on a…

Economy Kenya’s trade deficit narrows by Sh108bn Friday October 13 2023 Trucks transporting fuel wait for their turn to be transshipped across Likoni ferry channel to mainland Likoni. FILE PHOTO | LABAN WALLOGA | NMG Kenya’s…

© Reuters. Morgan Stanley has identified a potential risk to the sterling's 5%-20% premium due to the persistent current account deficit in the UK, according to their analysis of the country's trade data. The bank's scrutiny comes…

Closer collaboration around skills, emerging technology and industry should play a key role in future trade agreements between the UK and India, according to Uday Samant, Minister of Industries of Maharashtra, India. Speaking at the…

Going into the fourth quarter, interest rate markets are pricing in a peak in most major central bank monetary policy tightening cycles by the end of this year, if not sooner.Remarks from policy makers across the spectrum point toward…

The South African rand has had a tumultuous period throughout Q3 2023 but ultimately trades roughly around the same levels against the USD as it did at the beginning of Q3. Central bank nuances shaped the way while global economic growth…