UAE crypto push sees Bybit, Crypto.com announce Dubai offices
- Bank of England Governor Andrew Bailey said swings in commodity markets after Russia's invasion of Ukraine posed a risk to financial stability and the challenges facing the world economy are bigger than after the global financial crisis
- Crypto exchange #Bybit said it will open its global headquarters in Dubai, and #crypto platform Crypto.com said it would establish a regional hub there, the latest moves in the UAE's drive to become a centre for the virtual asset sector
- Taiwan Semiconductor Manufacturing Co. and #Samsung Electronics Co. urged the U.S. to allow foreign companies to participate in a $52 billion federal program aimed at boosting chip production on American soil
- #XAUUSD dove 1.2% in the last session
- #GBPUSD dropped 0.6%
- #AUDUSD fell 0.3%
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