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
FeaturedTechnologyAthena to install 1500 bitcoin ATMS in El SalvadorWebAdminJune 25, 2021 by WebAdminJune 25, 2021 The Chicago-headquartered company plans to invest more than $1 mn... Read more
EconomyFeaturedAmidst currency crisis Turkey sells goldAshwini sekarApril 8, 2021 by Ashwini sekarApril 8, 2021 The World Gold Council stated that the central banks were the net buyers of the precious metal... Read more
CurrencyFeaturedPrices surge after business magnate Elon Musk embrace bitcoinPritam BordoloiFebruary 2, 2021 by Pritam BordoloiFebruary 2, 2021 Bitcoin is a good thing, said Musk showing his support of the cryptocurrency... Read more
CurrencyFeaturedChina to carry out two more digital yuan trials in Chengdu and SuzhouPritam BordoloiJanuary 26, 2021 by Pritam BordoloiJanuary 26, 2021 Reportedly, Chengdu will distribute $7.7 mn to winners of its first digital yuan lottery on January 27... Read more
ForexMagazineWhere does China stand with the yuan?WebAdminDecember 15, 2020December 24, 2020 by WebAdminDecember 15, 2020December 24, 2020 Europe has come into China’s focus to grow the renminbi internationally—making it the largest CYR market outside of Hong Kong... Read more