The number of known cryptocurrencies surged from 6,000 in July 2021 to 10,400 in February 2022 before dropping to around 10,000 by August.

…The central bank , which targets inflation of 2 per cent, currently has a benchmark deposit rate of zero….

…We continue to co-operate with the German authorities on their ongoing investigation,” the US bank said on Wednesday….

…A tipping point could come if Ukrainian troops surround the thousands of Russian soldiers that are all but stranded on the western bank of the Dnipro River….

…Several European Central Bank governing committee members have since spoken about the need to continue tightening monetary policy….

…Deutsche Bank has estimated that the decision will prevent a 2.7 percentage point reduction in the retail price index measure of inflation, which will cost the government £14bn this year in additional costs…

El Zonte, a beach in El Salvador rebaptized as “Bitcoin Beach” due to its adoption of the cryptocurrency, will receive infrastructure investments as part of a strategic plan of the government of El Salvador.

The ruble weakened against the dollar and the euro at the beginning of currency trading on the Moscow Exchange.

Russia halted gas supplies via a major pipeline to Europe on Wednesday (31 August), intensifying an economic battle between Moscow and Brussels and raising the prospects of recession and energy rationing in some of the region’s richest countries.

…Amid an outpouring of public outrage, Korean financial authorities later attempted to declare the acquisition illegal, in effect killing a proposed sale of the bank to HSBC….