Currencies

Articles

China’s Approach to Regulating Digital Currency Markets

In recent years, the global financial landscape has witnessed a remarkable transformation with the rise of digital currencies. Among these, China has emerged as a pioneering force in regulating and shaping the digital currency markets.

News

CaixaBank Launches Virtual Account FX Service

The new FXWallets service by CaixaBank provides business customers with virtual accounts to send and receive international payments in multiple currencies

News

Argentina Inflation Reaches All-Time High

The annual inflation rate in Argentina surged more than analysts expected, remaining at the highest level since 1991 and marking a perilous milestone for this Latin American economy Argentina’s state-run INDEC statistics agency said that the inflation rose 108.8% year-on-year in April 2023, the third month in a row since the inflation growth surpassed 100% for […]

News

Zimbabwe is Working on Gold-Backed Digital Currency

Gold-backed digital currency to be introduced by the Reserve Bank of Zimbabwe is supposed to stabilize the highly volatile Zimbabwean dollar

Blockchain & Crypto

Swiss Bankers Association Considers Joint Deposit Token

The Swiss Bankers Association released a white paper suggesting the digitalisation of the Swiss financial system requires a Swiss franc joint deposit token

Blockchain & Crypto

BIS Concluded CBDC Project Icebreaker

The Bank for International Settlements (BIS) has finished a joint project exploring international retail and remittance payments use cases for CBDC with the central banks of Israel, Norway and Sweden

Blockchain & Crypto

Binance Adds Support for More African Currencies

Binance, the world’s largest blockchain ecosystem and cryptocurrency infrastructure provider, has announced the start of support for more African currencies.

Blockchain & Crypto

CBDC: The currency compromise we shouldn’t accept

CBDCs, where did the idea come from, why are banks obsessed with them, and why you shouldn’t be into it.

Blockchain & Crypto

Ramp Launches Platform for Transferring Digital Assets into Fiat Currency

Crypto infrastructure startup Ramp has launched a platform for transferring digital assets back to fiat currency after receiving permission from regulatory authorities for relevant activities.

Blockchain & Crypto

Binance SWIFT Banking Partner to Ban USD Transfers Below $100K

Binance’s SWIFT partner, Signature Bank, has set a minimum transaction limit of $100,000.

Finance & Economics

Brazil and Argentina to Create Common Currency

Brazil and Argentina will soon begin preparations for the creation of a common currency.

News

Digital Dollar Project Announces Recruitment of Employees

The Digital Dollar Project (DDP), a non-profit organization aimed at stimulating public discussion around the central bank’s digital currency (CBDC) in the United States, has announced the recruitment of new employees.

Finance & Economics

India’s Central Bank Calls for Outright Ban on Crypto

The head of India’s Central Bank has called for a blanket ban on cryptocurrency, again.

News

Debates Around CBDCs Continue

Senior adviser at the Bank of England argues CBDCs are not worth the associated costs and risks

News

Updates On Case Deciding the Future of Crypto

The long-running lawsuit between Ripple and SEC sees interesting updates. Despite not having a set date ruling, the case is receiving increasing attention from multiple parties on both sides. The potential outcome in the event that Ripple loses to SEC may be disastrously damaging to cryptocurrency as a whole. Ripple, a payment protocol using blockchain […]

News

Cascade of Bankruptcies: Crypto Empire DCG Shuts Wealth-Management Division

Financial interplay, 30% staff layoffs, federal prosecution, suspended withdrawals, and a public feud between the founders. Another cryptocurrency conglomerate joins the growing list of troubled industry giants.  With reportedly over $3.5 billion in assets, Digital Currency Group (DCG), parent company Grayscale Investments, crypto brokerage Genesis, and publication CoinDesk, closes its wealth-management division, HQ Digital. Investigation […]