The IMF announced that El Salvador's Bitcoin accumulation since June 27, 2025, originated from private donations rather than public resources, addressing concerns about government Bitcoin purchases. This clarification came as part of a staff-level agreement on El Salvador's Extended Fund Facility (EFF) reviews, which could release about $140 million pending IMF Board approval and prior actions. Additionally, El Salvador has reduced its public role in the Chivo Bitcoin wallet, transferring majority control to a private operator while retaining minority ownership and custodial duties. The IMF expects no further Bitcoin accumulation beyond the documented donations and is working with El Salvador to improve governance and transparency of digital assets.
Tesla has rapidly expanded its Cybercab robotaxi fleet in Austin, increasing the number of vehicles more than eight times within a month to over 300. This significant growth suggests Elon Musk's vision for autonomous robotaxis is gaining traction. Th...
Hansae Mobility inaugurated its new Turan factory in Fergana, Uzbekistan, expanding its global manufacturing footprint. This facility will produce brake components and steering parts for over 310,000 vehicles annually, enhancing supply responsiveness...
Hansae Mobility inaugurated its Turan plant in Fergana, Uzbekistan, marking a strategic move to enhance local manufacturing and supply for global automakers. The facility will produce braking and steering components for over 310,000 vehicles annually...
Hansae Mobility inaugurated a new automotive parts factory in Fergana, Uzbekistan, expanding its global manufacturing network. The Turan plant will supply brake and steering components for over 310,000 vehicles annually, enhancing local production an...
A class action lawsuit has been filed against Triller Group Inc. for failing to disclose its inability to timely file required financial reports with the SEC, leading to its Nasdaq trading suspension and delisting risk. The complaint alleges Triller ...
