Currencies
Japan’s JPYC Launches The World’s First Yen-Backed Stablecoin
JPYC stated that it aims to issue 10 trillion yen ($66 billion) worth of stablecoins, which...
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Indonesian Rupiah Hit a 27-Year Low, Citing Global Uncertainty and Prabowo’s Schemes
The country’s central bank, Bank Indonesia had to step in to stop the loss, ending the...
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Egypt’s Banking Sector Shines With 27% Growth in Deposits Despite Inflation and Devaluation
Egypt’s banking industry recorded a 26.9% increase in total deposits in the 2023-2024 fiscal year compared...
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New Royal Mint Factory in South Wales to Recycle Gold from Electronic Waste
The Royal Mint stated that it anticipated using the recovered gold in the future for its...
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Sanctions are Driving Russia’s Push for Crypto Legality
With the US threatening to impose secondary sanctions on international banks, Russian businesses are facing increasing...
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Japan Introduces New Currency Designs: Could it Encourage Cash Hoarding?
Japanese government asserts that the country is making headway in catching up to other nations in...
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Qatar National Bank (QNB) Debuts Convenient Multi-Currency Visa Card for Travelers
Users can load several currencies into separate wallets on the card using QNB Mobile Banking, which...
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Zimbabwe’s ZiG Plummets to the Lowest Since Launch
Zimbabwe recently introduced another cash to supplant one that has been battered by depreciation and frequently...
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Malaysia Ringgit Hits Lowest Point 26 Years After Asian Financial Crisis
Analysts remain optimistic about the ringgit’s potential for appreciation this year, attributing it to positive developments...
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The Rise of Stablecoins – How Asian Markets Are Setting the Regulatory Benchmark
Among 68 stablecoins scrutinized, not a single one has maintained a consistent peg to its designated...
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