US Says It Will Allow Sale of Some Venezuelan Oil to Private Companies in Cuba

JPMorgan Activates BTC & ETH As Institutional Collateral Via Sentora Research, JPMorgan has officially bridged the gap between "Digital Gold" and "Wholesale Credit."  The activation of direct BTC and ETH collateralization allows institutional giants to finally turn their dormant holdings into immediate USD liquidity without selling a single satoshi. Operating through the Kinexys (formerly Onyx) digital financing platform, the bank now allows institutional clients like hedge funds and corporate treasuries to pledge BTC and ETH for USD-denominated liquidity. Unlike previous years where only ETF-wrapped products were supported, this move enables borrowers to leverage their direct on-chain...

BYD Shares Soar Most In 13 Months As Chinese EV Push Into Americas Accelerates Shares of Chinese EV maker BYD surged the most in 13 months after a report that its factory in Bahia, Brazil, a former Ford Motor plant, secured export orders for about 100,000 vehicles from Argentina and Mexico. This development suggests BYD's strategy to localize production in South America is still in its early stages and set to flood the continent with Chinese EVs.   Bloomberg quoted Macquarie Capital analyst Eugene Hsiao, who said the local Chinese media...