IF Insights: PYUSD and the hope of crypto industry ‘following rules’
PYUSD users can convert any of the cryptocurrencies supported on PayPal to PYUSD...
Category : Currency
Nigeria to take significant action to save naira as inflation continues to haunt country
Naira slipped by 0.7%, its steepest decline in nearly six months, in official trading on the Nigeria Exchange on June 2023...
Brexit divorce costs soar as pound weakens amid Liz Truss’s failed budget plans
A payment to the EU on September 30, 2022—one week after the release of Liz Truss' tax-cutting Growth Plan—was the source of about half of the 91 million-pound loss...
IF Insights: Worldcoin, ‘proof of personhood’ and the privacy debate
Worldcoin is now facing potential scrutiny from Britain’s data regulator...
UAE likely to launch more local currency Sukuk: S&P
The local dirham-denominated Islamic bond market is still in its infancy, so local players are still raising funds by issuing dollar and other foreign currency-denominated Sukuk...
Binance & SEC sign pact as US customer assets to stay within country
The SEC said in a statement that the emergency relief order secured for Binance.US customers would protect their assets and ensure they can continue to withdraw them...
IF Insights: As SEC goes into a crackdown mode, ‘Crypto Winter’ prolongs further
Binance is the largest crypto exchange and handles billions in investments for investors daily...
IF Insights: EU’s path-breaking crypto regulation may pressurize others to follow suit
Stablecoins seek to maintain a fixed exchange rate with a more reliable asset, such as the US dollar, a fiat currency, or another stable cryptocurrency...
UAE T-Sukuk to support Islamic finance ecosystem, investment options
The T-Sukuk will initially be issued with terms of 2, 3, or 5 years, with a 10-year sukuk following at a later time...
IF Insights: CBDCs are the new craze in the world of digital currencies
CBDCs are envisioned to provide households, consumers, and businesses with secure means of exchanging digital currency...