Yen spikes as spectre of Japan government intervention spooks investors
The yen made significant gains and continued to rise by 0.5% to reach 155 points per dollar...
Category : Currency
UniCredit CEO Andrea Orcel backs Digital Euro, calls it ‘Matter of Sovereignty’
A member of the ECB Executive Board demonstrated to the Italian banking association in April that commercial banks would be in charge of providing digital euro services to their clientele...
IF Insights: Is cryptocurrency market going to witness potential Altcoin season?
Market observers are closely monitoring several significant signs that may signal the start of cryptocurrency's rise...
Asia Private Equity & Bitcoin ETFs: Morgan Stanley’s focus amid leadership shift
The Securities and Exchange Commission approved 11 spot bitcoin ETFs in January 2024...
Will Bitcoin become rarer than gold? Bybit Exchange answers
Inflows into the cryptocurrency have surpassed USD 12.1 billion since the SEC historic approval of the first Bitcoin ETFs in January 2024...
Start-up of the Week: Keyrock, innovating digital asset liquidity in tokenized economies
KeyRock's crypto market-making act involves developing sophisticated algorithms to adequately manage liquidity in a liquidity disparity environment...
Binance CEO Richard Teng stresses importance of compliance
Richard Teng said that Binance had invested hundreds of millions of dollars in compliance and was closely collaborating with authorities...
Crypto scams cost more than ransomware, says FBI as US initiates civil forfeiture action
Reports have emerged about the US Attorney’s Office in Massachusetts initiating a civil forfeiture action aimed at recouping USD 2.3 million in cryptocurrency...
Amid its stock market bull run, Japan issues warning against ‘excessive yen moves’
Despite the yen picking itself up after the BoJ's hawkish statement on inflation, the US dollar remained in a holding pattern...
World Bank urges Zimbabwe to boost currency confidence
The World Bank is committed to the ongoing process that Zimbabwe has been going through since 2022 to pay off billions of dollars in arrears to the organisation and other foreign lenders...