Fed to wind down aid

By: Miguel A. Rodriguez

12:23, 05 November 2021

Paytm would consider Bitcoin offerings if India legalizes crypto
  • Global shares rose, boosted by the U.S. Federal Reserve's announcement that it will begin winding down the extraordinary aid for the economy it has been providing since the early days of the pandemic
  • #Paytm, India’s digital payments pioneer, would consider Bitcoin offerings if the nation’s authorities removed regulatory uncertainty surrounding the adoption of crypto #currencies
  • The dollar lost ground on the #euro and sterling after the U.S. Federal Reserve said it would not rush to raise interest rates even as it began unwinding its pandemic-era stimulus
  • #BTCUSD dove 2.9%
  • #XAUUSD gained 0.8%
  • #WTIUSD plummeted 1.8%

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