Promoting Da Nang Tourism in Malaysia

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The Da Nang Tourism Promotion Fund, in collaboration with the city’s Department of Tourism, recently organized a program to introduce Da Nang’s tourism offerings in Kuala Lumpur, Malaysia.

During the event, representatives from Da Nang showcased the city’s events, festivals, new tourism products, MICE (Meetings, Incentives, Conferences, and Exhibitions) tourism, golf, beach resorts, and culinary experiences. The program also provided opportunities for Da Nang’s tourism businesses to expand and strengthen business connections with partners in Malaysia.

Ms. Nguyen Thi Anh Thi, Vice Chairwoman of Da Nang’s People’s Committee, stated, “To meet the needs of the Malaysian tourist market, Da Nang has focused on investing in accommodation infrastructure, promoting direct flights, and developing tourism products, services, entertainment, and culinary offerings to enhance the experience for tourists exploring Da Nang. For the MICE and golf market segments, the city has introduced special MICE policies and organized international golf festivals to attract this market.”

Danang tourism promotion program in Kuala Lumpur

Da Nang ranks second among the Top 11 Best Destinations in Asia for 2024, thanks to its strengths in beach resort tourism, a collection of world-renowned hotel brands, unique theme parks, vibrant nightlife, and diverse culinary culture. The city’s connections to world cultural heritage sites and its recognition as Asia’s Leading Festival and Event Destination further bolster its appeal. The growth in international tourists in Da Nang during the first seven months of 2024, with over 2.4 million international guests staying in hotels and resorts, attests to the destination’s allure.

Malaysia has consistently ranked among the top 10 international markets for Da Nang, with impressive growth. In 2016, only 26,787 Malaysian tourists visited Da Nang, but by 2019, that number had tripled to 88,583. In the first seven months of 2024, there were 75,067 Malaysian visitors to Da Nang, nearly reaching the total for all of 2019.

@vtv.vn

Beginner’s Guide: Trading Using Forex Rebates

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Forex trading, with its whopping daily volume of over $7.5 trillion, stands as a giant in the global financial market. For these newcomers, engaging in Forex might seem like jumping into deep waters due to its complexity and fast pace. Yet, there’s a lifeline that often goes overlooked: Forex rebates. These handy financial perks let traders earn back cash on their trades, win or lose. And when currencies from the majors with high liquidity to minors stirring up higher volatility are at play, understanding how to weave rebates into trading strategies becomes key.

Mastering Forex Rebate Trading for Beginners

Understanding Forex rebate trading is like finding a secret advantage in the currency market. It’s all about getting a portion of your trade value back, making each move a bit more rewarding.

Definition and Mechanics of Forex Rebate

Forex rebates allow traders to earn a small cash reward with each trade. So what are Forex rebates? This system works by sharing a portion of the trading profits between the trader and a third party provider. It’s like getting a small percentage back from every dollar spent in the Forex market.

The beauty of Forex rebates lies in its simplicity: the more you trade, the more you earn. This unlocks the rebate benefit without changing trading habits. The cash earned as rebates goes directly into the trader’s account and can be used however they wish, making it an attractive way to potentially boost profitability in Forex trading.

Advantages of Forex Rebate for New Traders

Forex rebate gives traders a chance to make extra cash with each trade without adding risk or requiring additional investment. This means even if someone starts with just a small amount of money or trades tiny amounts, they can still get rebates. It’s pretty neat because it turns what could be a losing streak into an opportunity to still come out ahead. With a forex rebate, the trader and the provider share profits, making everyone happy. New and seasoned traders alike can enjoy the perks of forex rebates. If someone already has an account with a broker, they’re not left out; they too can start receiving rebates.

This system encourages more trading and less worry about losses since part of every trade comes back as a rebate. Essentially, it’s like getting paid to trade – win or lose – which is especially valuable for newcomers trying to find their footing in currency markets without feeling the pinch of early losses too sharply.

Implementing Forex Rebate in Trading Strategies

● Pick a reputable Forex broker who offers rebates. This choice could be the key to earning from each trade. Inform your chosen broker that you want to add your account to a rebate service.

● If you already have an account with a broker, learn how to transfer it to start receiving rebates. Rebates can sweeten the deal by offering financial returns even when trades don’t yield profits.

● Keep track of the amount or number of lots you trade, as rebates might depend on these figures.

● Factor rebates into your budgeting and financial planning for trading, treating them as an extra income to support your strategy.

● Discuss profit sharing with your chosen broker regarding Forex rebates, ensuring clarity on how earnings are calculated and distributed.

● Analyse your trading frequency and volume, as this can impact the size of your Forex rebates, making certain strategies more favourable.

● Use rebates strategically; consider reinvesting them into more trades or saving for risk management.

● Regularly review and adjust your trading strategies based on rebate performance, ensuring they align with your overall profitability goals.

● By incorporating Forex rebates into your plans, you add an extra layer of potential earnings and strengthen risk management practices without increasing your investment – paving the way for more strategic trading ahead.

In conclusion, Forex rebates offer a great way to make trading better. These rebates give a small but big money perk, letting traders earn cash back on their trades, no matter what happens. This can make the difference between a hard time losing and an easier money situation.

Learning and getting good at Forex rebate trading can be like finding a secret edge in the currency market. The simplicity and ease of rebates mean that traders can gain without changing their trading methods. By getting some of the trade value back, traders can make more money and lower risks. This is very helpful for new traders who are still learning the market.

Toncoin Trims Losses, Beats Bitcoin and Ether, as TON Blockchain Comes Back Online

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Toncoin’s TON performed better than the CoinDesk 20 as the protocol announced its blockchain had restarted.

Toncoin (TON) has trimmed some of its losses as the blockchain restarted after a nearly five-hour downtime.

Though the downtime was partially blamed on the popularity of the DOGS airdrop, part of the Ton Foundation’s way to raise awareness of what it believes is the unjust arrest of Pavel Durov, it wasn’t a ‘dog day afternoon’ for the protocol’s native token.

TON trimmed some of its losses throughout the east Asia trading day and is now only less than 1% according to CoinDesk Indices data. In comparison, the CoinDesk 20 (CD20), a measure of the largest and most liquid digital assets, is down over 6.5%. The CD20 is down as a bitcoin (BTC)-led market slide caused over $300 million in crypto futures liquidations, the highest since August 5.

BTC dropped 6%, with ether (ETH), Solana’s SOL, Cardano’s ADA and dogecoin (DOGE) falling over 5%. Xrp (XRP) showed relative strength with a 3.4% decline, while Tron’s TRX was the best performer among majors with a 2% drop.

Ether futures racked up the highest liquidations at $102 million, followed by bitcoin at $96 million and a collection of smaller alternative tokens at $40 million.

The sudden liquidations likely contributed to a long squeeze that exacerbated losses. A long squeeze occurs when traders betting on higher prices feel the need to or are forced to sell into a falling market to cut their losses – thereby creating a cycle.

As such, CoinGlass data shows open interest on bitcoin futures is down to $31 billion from Monday’s $34 billion as the asset’s prices dropped – indicating waning sentiment among traders. Open interest refers to the number of unsettled futures and show whether new money is entering or exiting the market.

The dump came as U.S.-listed bitcoin exchange-traded funds (ETFs) saw over $127 million in net outflows on Tuesday, breaking an eight-day streak of inflows. Outflows on ether ETFs continued into their ninth-straight day with over $3.45 million leaving the products.

“BTC ETFs saw a very large $127 million in outflows as traders appeared to take profit after the Jackson Hole rally, while ETH continued its poor momentum with the 9th consecutive day of outflows as the Ethereum mainnet remains caught in a bit of an identity crisis,” Augustine Fan, head of insights, at on-chain financial products provider SOFA said in a Telegram message.

“Short-dated volatility was bid, with traders scrambling to buy downside protection (puts), as underlying momentum remains poor from the supply overhang and lack of on-chain catalysts in the near term,” she continued.

AI tokens are also in the red, even though the prospect of Nvidia producing blockbuster earnings made some investors move into AI tokens.

NEAR is down 10%, according to CoinDesk Indices data, while ICP is down 6.5%, FET is down 11.8%, and Bittensor’s TAO is in the red 11.3%, while RENDER (RNDR) dropped 9.5%.

“Sentiment around AI has definitely shifted, as seen in the performance of AI tokens and NVIDIA. After a pullback and recovery, NVIDIA still holds significant influence, especially with its upcoming earnings report,” Fairlead Strategies founder and Managing Partner Katie Stockton said on a recent interview on CoinDesk TV.

“This could either push the market higher before a potential September correction or start that correction. We expect NVIDIA and the mega caps to enter a more range-bound environment amid increased volatility, regardless of AI exposure,” she continued.

Elsewhere, Hong Kong-based custodian Hex Trust announced that it had launched a staking partner program, giving clients further access to staking offerings, signaling continued institutional interest in the asset class.

Explore Waterfall Sliding and Camping Adventures Near Hanoi

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Zipline Waterfall Sliding in Ky Phu Commune

Tourists slide down waterfalls and zipline on the eastern slope of Tam Dao. (Photo: Thuc Nguyen)

Surrounding Vai Mieu Lake in Ky Phu Commune, adventurous visitors can experience zipline waterfall sliding, a new tourism activity attracting outdoor enthusiasts. You can stay at nearby farmstays or homestays and book a full-day waterfall sliding tour, which includes training and safety gear. A typical trip lasts 2 days and 1 night.

Trekking and Waterfall Bathing at Cua Tu Stream

Cua Tu in Hoang Nong Commune is famous for its rugged, yet captivating waterfalls. Trekking through Cua Tu involves passing seven “gates,” each with its own unique terrain, from tea hills to dense forests and large waterfalls. While Gate 1 is accessible to all, the journey beyond is recommended for experienced trekkers. Each gate features natural lakes and waterfalls perfect for swimming.

Camping and BBQ by the Stream

A comfortable tent camp by the stream in Quan Chu town. (Photo: Mojen)

For a more laid-back experience, opt for camping by the stream, with options to swim in infinity pools overlooking the Tam Dao mountain range. Dai Tu offers various accommodations like Hoang Nong Farm and Dom Dom Farmstay, where you can enjoy a BBQ party, stream bathing, and other light activities.

Check-in at Kem Stream and La Bang Tea Hill

People harvest tea in La Bang Hill. (Photo: Xuan Phuong)

Kem Stream in La Bang Commune features a series of waterfalls flowing from Tam Dao Peak. Nearby, La Bang Tea Hill is a must-visit for tea enthusiasts, offering lush green landscapes, tea-picking experiences with locals, and the opportunity to purchase tea products.

Discover Nui Coc Lake

Known as the “miniature Ha Long Bay,” Nui Coc Lake is an artificial freshwater lake with around 90 islands. Visitors can take boat tours to explore Hoa Island, Co Island, and Long Hoi Island, visit a 200-year-old ancient house, and worship at Thieng Thac Vang Pagoda.

Dai Tu in Thai Nguyen is an ideal destination for those looking to enjoy nature, outdoor adventures, and cultural experiences without venturing far from Hanoi.

Vietnam Ranks Second Globally in Disaster Preparedness

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The survey, conducted by the US-based analytics and consulting firm, reveals that 83% of Vietnamese households are prepared to respond to natural disasters—second only to the Philippines and far surpassing the global average of 35%.

Gallup attributes Vietnam’s high preparedness to its geographical vulnerability to frequent natural disasters, strong recovery capabilities, and continuous investment in disaster risk management. This proactive approach positions Vietnam as a model for countries facing climate change risks.

Recent heavy rains have highlighted Vietnam’s preparedness efforts. In Yen Bai alone, over 13,000 people joined disaster response teams, with an additional reserve force of 62,000 standing by. As the Central region braces for a predicted increase in storms over the next three months due to the La Niña phenomenon, Vietnam’s focus on disaster prevention and planning remains crucial.

U.S. SEC Charges Two Brothers in $60M Ponzi Scam Using a Crypto Platform

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The complaint alleges that the duo falsely told investors about one of them creating a “bot” that operated on a crypto asset trading platform.

The U.S. Securities and Exchange Commission (SEC) has charged brothers Jonathan and Tanner Adam of attempting to defraud more than 80 investors with a $60 million Ponzi scheme involving a crypto asset trading platform, it announced on Monday.

The SEC also obtained “emergency asset freezes against Jonathan Adam, a resident of Angleton, Texas, and his brother, Tanner Adam, a resident of Miami, Florida, and against their respective entities, GCZ Global LLC and Triten Financial Group LLC.”

Between January 2023 to June 2024, the brothers allegedly lured victims with the promise of up to 13.5 percent monthly returns. The complaint alleges that the duo falsely told investors that Jonathan Adam had created a “bot” that operated on a crypto asset trading platform, which could identify arbitrage trading opportunities.

The SEC also alleges that Tanner Adam used the funds to build a $30 million condominium in Miami, while Jonathan Adam used at least $480,000 of investor funds to purchase recreational vehicles. Jonathan also did not tell investors that he had previously been convicted of three counts of securities fraud.

The SEC is seeking “permanent injunctions, disgorgement of ill-gotten gains with prejudgment interest, and civil penalties” against the brothers.

Telegram CEO Pavel Durov Could be Free by October, Polymarket Bettors

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A press release from French prosecutors said he could be released Wednesday, but the market isn’t confident he’ll be out by then.

Telegram CEO Pavel Durov could be free to go as soon as Wednesday local time, French prosecutors said. However, Polymarket isn’t confident he’ll be released in August, with bettors putting money on a release before the end of September.

Durov has not yet been formally charged, prosecutors said. Instead, he is being held as part of an investigation that stems as a result of crimes allegedly planned or broadcasted on Telegram, including money laundering, drug trafficking, child pornography, and non-cooperation with law enforcement.

Bettors say there’s a 72% chance he’ll be out before October, with shares of the yes side trading at 72 cents. Each share pays out $1 in USDC, a stablecoin, if the prediction comes true, and $0 if it does not.

As Durov was arrested on Saturday, August 24, 2024, at 8:00 PM local time when his plane landed at Le Bourget airport, a general aviation airport north of Paris, he could be held until Wednesday, August 28, 2024, at 8:00 PM, but bettors have their money on an extended stay.

The press release indicates that if investigators uncover sufficient evidence during questioning, Durov’s detention could be extended, or he could be formally charged and moved to pre-trial detention. This possibility likely fuels market skepticism about his release by the initial deadline.

Toncoin (TON) is trading above $5.38, according to CoinDesk Indices data, down 6.8%, while the CoinDesk 20 (CD20) a measure of the largest digital assets, is down 1.87%.

Vietnamese Frozen Meat and Pork Skin Soup Honored by Taste Atlas

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The renowned culinary site Taste Atlas recently listed Vietnam’s frozen meat and mixed pork skin soup among the best mushroom dishes in the world.

The list was compiled based on 626,000 user ratings on Taste Atlas as of August 16. Of these, over 441,000 ratings were recognized as valid by the system.

Ranked 46th on the list, frozen meat is described as a traditional Vietnamese dish typically enjoyed during the Lunar New Year alongside pickled onions and hot rice.

Frozen meat and mixed pork skin soup are two Vietnamese dishes honored. Photo: giadinhvn

This dish is also popular in winter, as it was traditionally used to preserve food during the cold months.

Frozen meat is made by simmering a mixture of pork, pork leg, pork skin, carrots, mushrooms, and spices. After cooking, the dish is cooled until it solidifies into a jelly-like form.

Pork skin soup, is ranked 60th on the list. The main ingredient of this soup is dried pork skin. The skin is cleaned with ginger water and vinegar, then sun-dried and grilled until completely dry.

The broth for the soup is made from simmered pork bones. Other ingredients such as carrots, onions, shiitake mushrooms, wood ear mushrooms, and meatballs are added later. This dish symbolizes warmth and family reunion.

The top three dishes on the list are Japan’s ramen, Turkey’s Kuzu şiş grilled lamb, and Thailand’s spicy and sour tom yum soup.

Founded in 2015, Taste Atlas (headquartered in Zagreb, Croatia) is known as a map that compiles traditional dishes from around the world.

According to Matija Babić, the founder of Taste Atlas, the rankings for dishes and beverages are based on opinions and reviews from experts and culinary critics to ensure the credibility of the awards.

@Vietnamnet

4,500 Tourists from India to Visit Vietnam at the End of August

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At the end of August, approximately 4,500 employees from a major Indian pharmaceutical company will visit Vietnam. Their chosen destinations include Ninh Binh, Quang Ninh and Hanoi.

The group will be divided into smaller groups, arriving in Vietnam from August 27 to September 7. The employees of the pharmaceutical conglomerate come from various countries, but the majority are Indian.

According to the Ninh Binh Department of Tourism, the group has selected Trang An and Tam Coc – Bich Dong as their destinations in Ninh Binh. A representative from the department stated that they will arrange for dedicated staff to assist with welcoming and guiding the group, as well as setting up separate areas for visiting the attractions.

Indian tourists to Vietnam. Illustration photo: TL

Likewise, the Quang Ninh Department of Tourism noted that this group is considered an important set of visitors. To make a lasting impression, the department has meticulously prepared arrangements, such as providing guides who can explain the attractions in Hindi and preparing Indian cuisine. Additionally, the province has organized reception plans, transportation, traffic management, and guaranteed public order and traffic safety during the group’s visit to sites like Thien Cung Cave, Dau Go Cave, Dog Stone Islet, Ba Hang Cave, Dinh Huong Islet, and the Fighting Cock Isles.

In Hanoi, the group will visit notable sites including the Ho Chi Minh Mausoleum, Hoa Lo Prison, and the Temple of Literature.

This is a large-scale, high-spending group. Among the tourists, the company’s owner, who is one of the richest billionaires in India, is also expected to be present in Vietnam.

@SGtiepthi

A Forest-Edge Resort in Khanh Hoa Pursues Net Zero Tourism

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Lang Nho – Ho Lang Nhot, located in Da Mai village, Dien Tan commune, Dien Khanh district, Khanh Hoa province, is a nature-focused outdoor tourism site spanning over 200 hectares that opened in early 2022. The resort is currently implementing Net Zero tourism.

Centered around Ho Lang Nhot, which is fed by two streams—one hot and one cold—originating from the Hon Ba Nature Reserve, visitors here can immerse themselves in various nature-based experiences. Notably, the “Tam Ta” activity, which includes forest bathing, stream bathing, and waterfall bathing, allows guests to enjoy relaxation and refreshment amid the mountains, forests, and lakes.

A corner of the Small Village tourist area.

Guests can also engage in other ecological exploration activities such as trekking through forests and streams, hiking along trails, enjoying scenic boat rides on Ho Lang Nhot, cycling, kite flying, and harvesting agricultural products. The resort also features areas for group activities such as team building, summer camps, professional meetings, and agricultural activities that connect visitors with local farmers, offering them a taste of rural life.

According to Mr. Nguyen Manh Binh San, the owner of Lang Nho resort, one of the three principles of sustainable tourism is to simultaneously practice three actions: conserving natural environmental space, preserving the existing cultural and architectural context, and responsibility taking for replenishing the resources used.

In line with this philosophy, all activities, from planning to operations at Lang Nho, adhere to the principle of minimizing emissions. Electric vehicles and bicycles are the primary modes of transportation within the resort. Mr. San, a renowned architect specializing in green building design in Vietnam, leads the initiative.

The resort utilizes stream water from the forest for its water supply and for the main bathing areas, avoiding the use of underground or tap water. Electricity is generated by a small hydroelectric station built from the stream’s water, complemented by solar power. The resort owner mentioned that backup generators are used when solar and hydroelectric power are insufficient.

Lang Nho is positioned as a high-end, rustic resort that offers unique natural experiences modeled after the villages of Central Vietnam. However, the owner acknowledges that the resort mainly attracts nature lovers and those who embrace green living.

@SGtiepthi

Discover A Hidden Beach Near Da Nang, Once Praised as “The Most Beautiful in Asia”

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Although located close to popular tourist destinations, this beach remains largely unknown to many travelers.

When mentioning prominent tourist destinations in Vietnam that attract both domestic and international visitors, Central Vietnam, with Da Nang and Hoi An (Quang Nam), certainly cannot be overlooked. Notably, these are two locations known for their beautiful, clear beaches with white sand, which have been praised many times by foreign media and specialty publications.

This beach is one of them. However, compared to My Khe, An Bang, or Cua Dai, it is far less known, despite its location not being far from the centers of Da Nang and Hoi An. That beach is Ha My Beach, located in Duy Hai commune, Duy Xuyen district, Quang Nam province. According to an online map, the beach is about 7 km southeast of Hoi An’s center and approximately 25 km south of Da Nang city.

To get here, the route is very scenic and convenient; it only takes about 15-20 minutes from Hoi An, and less than an hour from Da Nang. In 2017, Ha My Beach was voted one of the 10 most beautiful beaches in Asia by the British newspaper Telegraph.

Location of Ha My beach on the map (Photo Google Maps)

A Quiet Beach Still Unknown to Many

As mentioned above, compared to other beaches in the area or nearby, Ha My Beach is less well-known. This gives it a peaceful, pristine, and uniquely tranquil atmosphere. It is an ideal spot for relaxation, rest, and picnics for those seeking a less crowded and bustling destination.

On TripAdvisor, Ha My Beach is mainly visited and reviewed by foreign tourists who come to Da Nang or Hoi An, Quang Nam for backpacking. Robin, a tourist from Germany, wrote: “This is a very quiet beach, and when I visited, there was hardly anyone else around. There were also no rows of chairs on the sand as you typically see.” “The beach has rows of coconut trees casting shade over the quiet sands, with very few people around. You can see fishing boats in the distance,” added a French tourist named Nantes.

The scenery at Ha My beach is very different from the famous beaches in nearby Da Nang or Hoi An (Photo: Vinpearl)

On social media, there are very few images of Ha My Beach, mostly posted by foreign tourists checking in (Photo ST).

Because it is so quiet, the water at Ha My Beach is described by tourists as being incredibly clear, giving them a sense of relaxation and making them feel as though they are in a completely secluded world. Linda D, a tourist, wrote on TripAdvisor: “The water here is crystal clear, and the beach seems to stretch on forever. It’s desolate, uncrowded, and feels like it’s in a world of its own, almost like a private beach.”

What to Experience at Ha My Beach?

Due to its characteristics, the most popular activities for visitors at Ha My Beach include enjoying the clear water, sunbathing, strolling along the beach, and breathing in the fresh air. Additionally, for those who love more adventurous experiences, they can camp overnight on the beach to catch the first rays of the morning sun at dawn. Afterward, they can buy and enjoy fresh seafood directly from local households and nearby fishing villages.

With its quiet, peaceful atmosphere, Ha My Beach is a perfect choice for a sunrise or sunset visit (Photo @agirl2008, @iamlinking, @megan_ngoc_le).

To meet the needs of tourists, Ha My Beach now offers additional services such as kayaking, and some homestays have begun to appear. However, visitors are advised to research and book accommodations early to find the most suitable and satisfying options, as the number of homestays, guesthouses, and hotels is still limited.

Located just 7 km from Hoi An and over 20 km from Da Nang, tourists can explore additional nearby attractions to make their trip more complete. These could include Tam Thanh mural village, Tra Que vegetable village, Son Tra peninsula, Cham Island, Linh Ung Pagoda, or other beaches such as An Bang and Cua Dai.

@Cafef

India’s CBDC Has 5M Users, Can be Phased in Gradually: Central Bank Governor

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Governor Shaktikanta Das said there should not be in any rush to roll out a system-wide CBDC.

India’s central bank Governor Shaktikanta Das has said that while their retail central bank digital currency (CBDC) pilot has over 5 million users, there should not be in any rush to roll out a system-wide CBDC.

The senior most official of the Reserve Bank of India (RBI) was speaking at at a conference in Bengaluru on Monday.

India’s plans for a retail and wholesale CBDC were announced as part of the Finance Minister’s budget speech in 2022. By 2022-end, the RBI launched pilots for both CBDCs. By 2023-end, the retail CBDC hit a million transactions, at least on one day, with a little help from its friends, the banks.

On Monday, Das said as many as 16 banks are currently participating in the retail CBDC pilot but did not reveal a number for the daily transactions.

The RBI has previously said it isn’t in a hurry to implement a full-scale, retail CBDC and has not shared any timeline. But on this occasion Das hinted at the possibility of avoiding a full-scale implementation.

“Actual introduction of CBDC can be phased in gradually,” Das said. “It is important to emphasize that there should not be in any rush to roll out system-wide CBDC before one acquires a comprehensive understanding of its impact on users, on monetary policy, on the financial system and on the economy.”

Since the start of 2023, the RBI has been exploring offline payments and programmability and Das said this was being tested.

“The programmability feature of CBDC could serve as a key enabler for financial inclusion by ensuring delivery of funds to the targeted user,” Das said while pointing to two use cases involving farmers launched as part of their pilot recently; Programming the end use for purchase of agricultural inputs to comfort banks and establish the farmer’s identity; farmers getting purpose bound money for generation of carbon credits.

Das also said other “new use cases aimed at testing features such as anonymity and offline availability are proposed to be rolled out gradually.”

Bitcoin’s Ascent: How Cryptocurrency is Dominating Asia’s Financial Landscape

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Introduction: Bitcoin’s Surge in Asia

In a short couple of years, Bitcoin rises to become one of the most disruptive forces in world finance, with Asia leading in adoption and growth. From diverse economic environments to cutting-edge technological infrastructures and dynamic regulatory frameworks, all these have come together to lift the explosive growth of a potent digital currency like Bitcoin, the most popular cryptocurrency to convert btc usd, in this largest continent. As the nature of how finance is currently being conducted undergoes a dramatic change across the Asian regions, it will be imperative to learn about the drivers behind the rapid ascent of this cryptocurrency and what that portrays for the future of finance.

The Asian Market: A Fertile Ground for Cryptocurrency

This vast and varied financial ecosystem in Asia is the best ground for the expansion of Bitcoin. Potentially ground for very rich opportunities for digital currencies, considering some of the world’s most dynamic economies, such as China, Japan and South Korea and increasingly getting aware of the fast-growing markets of India and southeast Asia, which accordingly raises the stakes for cryptocurrencies. Strong internet penetration, fast-growing middle class and a rising penchant for digital solutions further elevate the string in Asia.

Additionally, the embrace of technology and innovation in the region has created a friendly environment for Bitcoin and other cryptocurrencies. More than ever, the wide usage of mobile devices and huge growth in internet businesses have established the grounds on which digital currencies can easily be integrated into daily financing transactions. It is a comfortable arena for expanding Bitcoin, where the tech-inclined indigenous people are more apt to experiment and try out newer financing technologies.

Key Drivers Behind Bitcoin’s Popularity in Asia

There are several reasons that have driven the popularity of Bitcoin in Asia, among which are unstable economies and unstable currencies, for example. It has been fueling flight from authorities perceived as weak and into apparently more stable, distributed alternatives. For example, in countries that suffer results like hyperinflation or capital controls, Bitcoin provides a possibly independent means of saving wealth and performing transactions.

Second, why Bitcoin became more credible and accepted: there is an increased acceptance of Bitcoin by mainstream business and financial institutions. Bitcoin is being integrated by major Asian companies and Fintech startups into their payment systems, investment portfolios and financial service innovations in furthering everyday digital money use.

This was due to the rise of decentralized finance platforms and blockchain-related applications in Asia, which in turn came hand in hand with the overwhelming interest in cryptocurrencies, yielding extremely novel ranges of financial products and services that pull both individual investors as well as sizeable institutions.

Government Policies and Regulation: How They Shape Bitcoin’s Growth

One mainly has to look at government and regulatory policies to determine the direction that Bitcoin will take place in Asia. One can start with Asia’s regulatory environment—one that ranges from highly restrictive to relatively permissive—where adoption and utilization of Bitcoin occur.

This has not been the same case with countries like China, in which the government has put very tight laws over trading and mining in cryptocurrencies, hence resulting in not being able to gain as great a surge as Bitcoin. However, against all odds, the underpinning technology behind Bitcoin, blockchain, has been of interest to China, in which it has been highly invested and is an area being explored for its possible use.

Conversely, some countries have taken on progressive steps towards the regulation of cryptocurrency. Japan and South Korea are instances. The country has gone to the extent of recognizing the legality of Bitcoin in the country as a means of payment. In addition, provisions of the customer protection and integrity of the market have been put in place as a regulatory framework. This has created a conducive environment for Japan being one of the county world powerhouses in the trade of cryptocurrencies.
Countries in Southeast Asia are actively creating an evolving regulatory landscape for digital currencies. For instance, countries like Singapore and Thailand are taking proactive steps to create clear regulations that also favor digital currencies. These countries are willing to afford the innovations likely to happen while trying to bring them within the limits of appropriate regulation so as to abate the risks and protect the investors.

Adoption Trends: From Retail to Institutional Investment

Adoption in Asia at this moment in time reflects retail and institutional aspects and therefore mirrors a growing acceptance and integration of cryptocurrency into mainstream financial systems.

It has been adopted more by a majority of people in the retail sector as an investment instrument and as a means of exchange. The high potential for returns which Bitcoin has, combined with the concept of decentralized finance, has retail investors buying more and more of the asset. Its use for payment has been growing as businesses and vendors start accepting it at transactions, giving back more value and access. On the other side of the coin, institutional investment in Bitcoin has steadily increased, with overwhelming interest from hedge funds, venture capital firms and publicly traded companies.

Major financial institutions within Asia are presently finding ways to take and offer their products and services related to Bitcoin investment meant to offer high yields and as a hedging instrument against traditional financial risks. What that means is a further legitimization not just of Bitcoin but with ever more significant liquidity and stability in the market. In a nutshell, the rise of Bitcoin in Asia comes down to timing: economic conditions, technological advances and changes in regulation. With a fantastic market available on the continent, Bitcoin sees maximum adoption with both retail and institutional investors, clearly displaying the way in which it has to change the economic arena for the whole of Asia. The more that Asia warms to a digital way of going in currency, so then will Bitcoin cement a prime mover in the world toward a new finance future.

Top 7 Travel Attractions in Kuwait: Discover Rich Culture

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From art galleries to conventional souks, the petite country of Kuwait features a blend of traditional culture and novelty. It is presently one of the coveted tourist destination spots among avid travelers from all corners of the globe. Beautifully adorned with remarkable ancient structures, serene beaches, and mesmerizing landscapes of sparkling deserts, there are plenty of attractions to cover in Kuwait. Those passengers who prefer to enjoy an affordable flight option to visit this country may choose Kuwait Airways by cleartrip. Listed below are some of the top sightseeing places to explore in the city of Kuwait.

● Salmiya

Salamiya is a paradise for shopaholics. Countless shops and luxury malls deal with conventional items including lamps, teapots, ornaments, and attires. Besides, the travelers could savor some of the delectable dishes served at the nearby cafes and restaurants. Salmiya also houses a mosque, which is designed in a pyramid form where you could gain a deep insight about local traditions and culture of Kuwait.

● Kubbar Island

Kubbar Island, which is overlaid with shrubs, is renowned for its pristine beaches and turquoise waters. This place is a sheer bliss where visitors can embrace its unrefined beauty. Scuba diving, boating, and snorkeling are some of the popular sports activities conducted here daily. Besides, it features hotels and resorts where you can savor delicious cuisines. This would also ensure a fine dining experience with your family.

● Witness the spectacular skyscrapers of Kuwait City

Suffused with the optimal level of luxury, comfort, and modernism, this dynamic city offers captivating views of Kuwait Bay. Visitors could also bask in the lap of nature, uncover astonishing ancient artifacts displayed at the museums, etc. Apart from that, you could relish the mouthwatering recipes being served at one of the leading restaurants in Kuwait.

● Souk-Al-Mubarakiya

Souk-Al-Mubarakiya is a haven for shopaholics. The visitors will be able to get familiar with the traditions and culture of Arabia. It is brimmed with various shops with attires, lanterns, and stunning ornaments. Even you could avail top quality dry fruits including olives at an affordable rate. Those who prefer to delve deep into the past of the ancient structures should include this place on their bucket list. It was previously a trading hub.

● Experience the magical aura of the Grand Mosque

Travelers who desire to gain a deep insight into the traditions and culture of Kuwait may proceed to the Grand Mosque. This area is well known for organizing several religious events and festivals. It is also an excellent opportunity to marvel at its magnificent architecture. The Muslim community reveres the Grand Mosque. Each year mass influxes of devotees throng this area during auspicious occasions like Ramadan.

● Explore the astonishing artifacts of the National Museum

The National Museum, which was erected by an eminent architect named Michel Ecochad, portrays the rich cultural heritage of Kuwait City. This area previously belonged to the royal Al Subah family. It features three sections namely Heritage, Planetarium, and Archaeology. Visitors who wish to step back in time should consider exploring this museum. The museum features some of the finest collections that are gathered from Failaka Island.

● Marvel at the artisanship at House of Mirrors

An exceptional sculptor named Lidia Al Qattan operates House of Mirrors which is a hidden gem in the city of Kuwait. She implemented a glass mirror method by taking advantage of kitchen utensils, along with household items, and converted it into a stunning house. This mirror, which comes in varying shapes and sizes, would leave you spellbound.

Conclusion

Kuwait is one of the safest destinations in the Middle East, and it is best suited for history buffs. Besides, spectacular parks, stunning beaches, and magnificent historical buildings surround it. This country promises an unparalleled experience for travelers from all parts of the globe. Owing to its unique geographical position and well-connected to the remaining parts of the world, passengers will be able to book air tickets from Kuwait Airways by cleartrip without any hassles. Travelers do have the option to clear the check-in process by either using a mobile app or accessing the official site of the clear trip.

How to Choose the Best Amazon Ad Agency for Your Business

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Selecting the correct Amazon ad agency for your company calls for careful thought. As Amazon grows hastily, so does the opposition. Many companies now promote on Amazon, making it more difficult to stand out. However, your products might be recognized with the help of an Amazon advertising agency. Still, every company is unique.

While a few may not fit your organization, others might be the secret to your fulfillment. This article will help your business choose an Amazon ad agency. It will address massive elements to consider and actions to take.

By the end, you’ll be able to determine a way to pick an agency that meets your requirements.

1.Know Your Company Needs

Clarify your organization’s needs before deciding on an Amazon ad agency. Every firm is different; what suits one will not suit another. Hence, start your search by understanding your goals. Would you want to enter other markets, increase income, or improve brand awareness?

Knowing your targets will help you select an agency tailored to your needs. Next, consider your budget. While a few companies could provide services suitable for your needs, others may be too expensive for your price range. Consider the amount you will be ready to pay for such an advertisement and select an agency that offers a fair cost for your money.

2.Research Capable Agencies

Researching viable agencies comes second once you recognize what your company needs. To start, look first at their websites. Most agencies will have a webpage displaying their services and past performance. See case studies or quotes from different companies they have dealt with. This will help you comprehend their talents and whether they have experience in your industry.

Online reviews are another source. Trustpilot and Google, amongst other websites, sometimes offer customer evaluations from past users. Consider both good and bad opinions. These reviews will enable you to see the agency’s strengths and shortcomings from a fair distance.

Soliciting for advice is another approach to investigating agencies. Ask other business owners who have used an agency about their experience. They might suggest a respectable agency or alert you to one to avoid.

3.Compare Their Experience and Expertise

Selecting an Amazon advert agency depends on experience and expertise. You want to collaborate with an agency that is an expert in Amazon advertising. So, search for agencies with a proven achievement history. They should understand Amazon’s operations and have experience dealing with companies like yours.

Also, ask the agency about their experience with exceptional Amazon ads. Amazon features sponsored products, brands, and display ads, among other forms of advertisements. A competent agency ought to know about all of them and be able to define the advantages of each kind of advertisement for your agency.

Still, another vital factor is the agency’s knowledge of your specific industry. Certain agencies, which include fashion, electronics, or fitness gadgets, might be the specialty of some organizations. It’s best to work with an organization familiar with your field. They’ll recognize your target market and how to reach them more precisely.

4.Consider Their Communication and Reporting

Communication is crucial when working with an Amazon ad agency. You want an agency that keeps you updated and active. Find out from the agency their preferred method of contact with you. Will you have regular meetings or calls? How often will they inform you on the development of your initiatives? Regular and clear communication guarantees you are always in the loop and enables wise judgments.

Another crucial factor is reporting. A competent firm should send thorough analyses of your Amazon ad performance. These studies should be easily understandable and analyze what is and is not functioning. Inquire about the agency’s frequency of report submission and the type of data they will incorporate. Will they offer information on click-through rates (CTR), your return on investment (ROI), and other key measures?

5.Compare Pricing and Services

When selecting an Amazon ad agency, the price and services offered are crucial factors an organization should consider. Agencies charge different prices for their services. Some will quote you a fee, while others will contract at a percentage of your advertisement budget. It is important to understand the agency’s charges for its services and pricing.

The second factor is the range of services the agency offers or the so-called breadth of the services provided. Some agencies offer minimal services such as ad management, while others provide services like competitors’ analysis, keyword research, and product listing optimization. Always consider what services you need and which agency can offer them.

The other strategy is to compare the prices and what is on offer with other companies. This will put you in a position to differentiate between what is reasonable and what is not. But, again, bear in mind that the cheapest choice is seldom the most effective one. You want to choose an agency that would ideally fit your company’s needs and, simultaneously, give reasonable value for the money you are willing to spend.

Summary

The choice of an Amazon ad agency for your company is crucial. It calls for a comprehensive review of your company’s needs, studies, experience assessment, communication policies, and price. Investing time to grasp these elements will help you identify an agency suitable for your company.