CommodityFeaturedZimbabwe to introduce gold-backed digital currencyIFM CorrespondentMay 2, 2023 by IFM CorrespondentMay 2, 2023 In order to stop the recent significant depreciation of the Zimbabwe dollar on the black market, the RBZ is also thinking about putting more Mosi-oa-Tunya gold coins onto the market... Read more
CurrencyFeaturedUAE T-Sukuk to support Islamic finance ecosystem, investment optionsIFM CorrespondentMay 2, 2023 by IFM CorrespondentMay 2, 2023 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... Read more
CurrencyFeaturedIF Insights: CBDCs are the new craze in the world of digital currenciesIFM CorrespondentApril 27, 2023 by IFM CorrespondentApril 27, 2023 CBDCs are envisioned to provide households, consumers, and businesses with secure means of exchanging digital currency... Read more
CommodityFeaturedHow central banks used gold since the 1990sIFM CorrespondentMarch 30, 2023March 30, 2023 by IFM CorrespondentMarch 30, 2023March 30, 2023 Central banks sold gold on the net in the 1990s and the first part of the 2000s... Read more
CurrencyFeaturedHuobi selects Singapore as its new regional headquartersIFM CorrespondentNovember 30, 2021 by IFM CorrespondentNovember 30, 2021 The crypto giant has already moved a significant part of its operations to Singapore... Read more
CurrencyFeaturedBitcoin hovers below record levels after first-ever ETF debuts on NYSEIFM CorrespondentOctober 20, 2021 by IFM CorrespondentOctober 20, 2021 The Proshares Bitcoin-linked ETF is trading under the ticker name of BITO... Read more
CurrencyFeaturedHong Kong takes first step towards central bank digital currencyIFM CorrespondentOctober 6, 2021 by IFM CorrespondentOctober 6, 2021 Hong Kong’s central bank has published a technical whitepaper for a potential retail digital currency... Read more
CurrencyFeaturedBank of England names reps from Asos, PayPal and Spotify in CBDC forumIFM CorrespondentSeptember 30, 2021 by IFM CorrespondentSeptember 30, 2021 The BoE forum will explore the practicalities of designing, rolling out and operating a CBDC... Read more
CurrencyFeaturedBitcoin’s value will be more than $500,000 in five yearsIFM CorrespondentSeptember 16, 2021 by IFM CorrespondentSeptember 16, 2021 Despite its volatile nature, experts are predicting a bright future for the crypto... Read more
CurrencyFeaturedCentral Bank of Nigeria caps transfer limit for e-Naira at N50,000WebAdminSeptember 1, 2021 by WebAdminSeptember 1, 2021 According to the central bank, e-Naira will be officially unveiled later this year... Read more