PANews reported on October 14th that the International Monetary Fund (IMF) projected global economic growth of 3.2% and 3.1% in 2025 and 2026, respectively, a slight upward revision from its July forecast. The US economic forecast is 2.0% and 2.1%, respectively (previous estimates: 1.9% and 2.0%), with the IMF citing low tariffs, tax reform stimulus, and loose financial conditions as the primary driver. Eurozone growth is projected at 0.7% and 1.7% (previous estimates: 1.0% and 1.2%), while UK forecasts have been raised to 1.4% and 1.4% (previous estimates: 1.2% and 1.4%). Japan's forecasts have been lowered to 0.2% and raised to 1.1% (previous estimates: 0.7% and 0.5%). The IMF projects global inflation to decline from 5.8% in 2024 to 4.2% in 2025 and 3.7% in 2026.PANews reported on October 14th that the International Monetary Fund (IMF) projected global economic growth of 3.2% and 3.1% in 2025 and 2026, respectively, a slight upward revision from its July forecast. The US economic forecast is 2.0% and 2.1%, respectively (previous estimates: 1.9% and 2.0%), with the IMF citing low tariffs, tax reform stimulus, and loose financial conditions as the primary driver. Eurozone growth is projected at 0.7% and 1.7% (previous estimates: 1.0% and 1.2%), while UK forecasts have been raised to 1.4% and 1.4% (previous estimates: 1.2% and 1.4%). Japan's forecasts have been lowered to 0.2% and raised to 1.1% (previous estimates: 0.7% and 0.5%). The IMF projects global inflation to decline from 5.8% in 2024 to 4.2% in 2025 and 3.7% in 2026.

                                                                               BitGo’s move creates further competition in a burgeoning European crypto market that is expected to generate $26 billion revenue this year, according to one estimate.                     BitGo, a digital asset infrastructure company with more than $100 billion in assets under custody, has received an extension of its license from Germany’s Federal Financial Supervisory Authority (BaFin), enabling it to offer crypto services to European investors. The company said its local subsidiary, BitGo Europe, can now provide custody, staking, transfer, and trading services. Institutional clients will also have access to an over-the-counter (OTC) trading desk and multiple liquidity venues.The extension builds on BitGo’s previous Markets-in-Crypto-Assets (MiCA) license, also issued by BaFIN, and adds trading to the existing custody, transfer and staking services. BitGo acquired its initial MiCA license in May 2025, which allowed it to offer certain services to traditional institutions and crypto native companies in the European Union.Read more