Finance: News, Insights, Predictions

Online fast-fashion retailer Shein has been fined 150 million euros ($175.61 million) by France's data protection authority for violations related to data protection regulations.

Serbian company Promont Group, which manages the Mövenpick Resort and Spa Fruske Terme, has successfully issued minibonds totaling 820 million dinars, equivalent to approximately 8.1 million dollars or 7 million euros.

The National Bank of Ukraine (NBU) continues to use the US dollar as the primary currency for exchange rate formation while exploring the possibility of transitioning to the euro.

Germany's energy transition strategy may impose a financial burden of up to 5.4 trillion euros ($6.3 trillion) by 2049, significantly impacting both businesses and households.

Euro zone bond yields have stabilized near multi-year highs, although concerns about government debt continue to loom. The yield on Germany's 30-year bonds is nearing a 14-year peak, reflecting ongoing fiscal anxieties among investors.

The U.S. dollar continued to decline on Wednesday against several major currencies, including the yen, Swiss franc, and euro, following the release of economic data.

Long-term euro zone bond yields remained stable on Wednesday, although they are still close to multi-year highs as investors expressed ongoing concerns about fiscal sustainability.

The euro maintained its position above $1.16, approaching its highest level in more than a month, as the US dollar weakened due to disappointing jobs data.

Spain triumphed in their seventh and final match of UEFA EURO 2024, defeating England in Berlin. Nico Williams scored the opening goal just two minutes into the game.

The euro zone experienced slow economic growth in August, as indicated by the latest figures from the Purchasing Managers' Index (PMI).

The euro zone economy continued to grow slowly in August, as lackluster services growth countered gains in manufacturing output, despite the initial increase in overall activity.

PayPal has introduced "Pay with Crypto," a blockchain-based settlement feature for US merchants. This new service enables payments in over 100 cryptocurrencies, providing 650 million users the ability to transact using digital currencies.

Venezuela has permitted the use of dollar-pegged cryptocurrencies in currency exchanges for the private sector due to U.S. sanctions that restrict access to foreign currencies.

Venezuela's government is gradually permitting the use of dollar-pegged cryptocurrencies in currency exchanges for the private sector, according to multiple sources.

Five influential figures—Larry Fink, Paolo Ardoino, Vitalik Buterin, Anatoly Yakovenko, and Kannan—are set to dominate onchain finance in 2025 by controlling capital, infrastructure, and protocols.

In August 2025, stablecoin transaction volume experienced a significant rise, with global usage increasing by 92% compared to the previous year, reaching a total of $3 trillion.

In 2025, cryptocurrency fraud has seen a dramatic increase, with victims reporting substantial financial losses. The FBI indicated that total losses from these scams have reached alarming levels.

The article highlights the five most influential figures in the cryptocurrency industry and examines how their actions impact capital flow, drive innovation, and shape the future of blockchain infrastructure.

MEXC has introduced new initiatives to meet the rising demand for stablecoin trading by providing zero-fee transactions on selected futures trading options.

HashJ offers opportunities in Monero mining, USDT stability, and free cloud mining. The platform features flexible contracts, secure systems, and a trial bonus for new users.

BitMEX, a leading crypto derivatives exchange, has launched a new trading campaign that offers users the chance to earn rewards totaling 100,000 USDT. The campaign aims to incentivize active trading on the platform.

The TRON Blockchain experienced its highest transfer volume of USDT in July, marking an all-time record. According to CryptoQuant, this surge indicates a significant increase in activity for the stablecoin on the TRON network.

The South American country is leveraging digital currencies to maintain economic activity despite the challenges posed by US sanctions.

The Justice Department has initiated a civil forfeiture complaint to seize $848,247 in Tether (USDT), a cryptocurrency, as part of its efforts to combat increasing losses from cryptocurrency scams.

The stablecoin market is primarily led by Tether (USDT) and Circle's USDC, both established over ten years ago.