Navigating international travel often brings the dilemma of currency conversion. While having local cash upon arrival offers ...
Asia’s foreign-exchange reserves have surged to almost $8 trillion, providing the authorities from Tokyo to Mumbai with ample ...
Central bank digital currency has the potential to reshape global finance, but risks eroding democracy and economic ...
Uganda - a landlocked African nation that until recently struggled to get a World Bank loan - is the latest hot destination ...
Gold is regaining prominence in global finance as central banks increase their reserves amidst inflation and geopolitical ...
Now Chinese underground organisations are taking over one of the world’s biggest illicit industries—the international ...
Cryptopolitan on MSN
Kyrgyzstan launches gold-backed stablecoin USDKG
The government of Kyrgyzstan has officially launched USDKG, a stablecoin backed by gold and pegged to the U.S. fiat currency.
Amid this, the middle eastern country of UAE has also joined the race. Zand, the Abu Dhabi-based digital bank, has launched Zand AED, the country’s first regulated stablecoin. This is a move that puts ...
Khaleej Times on MSN
Watch: UAE conducts first-ever cross-border digital currency transaction with China
The interlinking between the UAE’s Instant Payment System and China’s Internet Banking Payment System enables users in both ...
Beijing’s new five-year plan signals bolder ambitions for the renminbi, which makes up 8.5% of global currency trades.
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