Serrari Group

Bitcoin Surges Past $38,000 Mark Amidst Growing Enthusiasm and Federal Reserve Speculation

In a remarkable turn of events, cryptocurrency enthusiasts have witnessed Bitcoin’s triumphant recovery, with the digital currency surging past the $38,370 mark on Tuesday. This resurgence not only underscores the resilience of the cryptocurrency market but also highlights a renewed interest among investors. Bitcoin’s meteoric rise of 129% this year comes on the heels of […]

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China Approves Launch of First Publicly Traded Commercial REITs Boosted by Consumption-Related Infrastructure Projects

China’s securities regulator, the China Securities Regulatory Commission (CSRC), announced its approval of three applications on Sunday for the launch of the nation’s inaugural publicly traded commercial Real Estate Investment Trusts (REITs) products. These REITs are supported by a portfolio of consumption-related infrastructure projects, marking a significant development in the country’s financial landscape. The initial […]

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Colombia Takes Bold Step with Launch of CBDC and Cryptocurrency Regulation

In a groundbreaking move, Colombia’s finance minister, Ricardo Bonilla, has revealed plans for the introduction of a Central Bank Digital Currency (CBDC) as part of a comprehensive initiative to regulate cryptocurrencies. Bonilla confirmed that the issuance of the CBDC will be overseen by the Bank of the Republic, emphasizing that the digital currency will serve […]

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Fidelity International Secures 5 Billion Yuan for Debut Fixed Income Mutual Fund in China

In a significant move bolstering its position in the rapidly growing Chinese mutual fund market, Fidelity International has successfully raised 5 billion yuan ($700 million) from investors for its inaugural fixed-income mutual fund in China. This accomplishment marks a strategic expansion for the asset manager in a market valued at $3.8 trillion. Helen Huang, Managing […]

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Bitcoin Surges to New Heights in Turkey Amid Economic Turmoil

In the face of rampant inflation and economic instability, Bitcoin has achieved an unprecedented all-time high (ATH) in Turkey, reaching a staggering 1,076,038.99 Turkish Lira (TRY). The cryptocurrency’s ascent in the country gained momentum during the COVID-19 lockdowns in March 2020, propelling Turkey into a prominent position within the global crypto market. BlackRock CEO Larry […]

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US Federal Pension Fund Excludes Chinese and Hong Kong Stocks Amid Rising Tensions

In response to escalating tensions between the United States and China, the Federal Retirement Thrift Investment Board (FRTIB), overseeing the main US federal government pension fund, has decided to exclude Chinese and Hong Kong-listed stocks. The $771 billion pension fund announced on Wednesday that it would alter the benchmark index for its international fund, marking […]

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