Facebook rebrands Libra as Diem to get regulatory approval
The independent organisation that runs the project, the Libra Association, will now be known as the Diem Association...
Tag : currency
Global crypto exchange Bitterz launches in Japan
It is offering $50 worth of bitcoins to all customers who open a new account...
Cyrpto exchange Binance to discontinue its stablecoin BGPB
Binance first listed the stablecoin in July last year...
Low dollar demand underpins Kenya’s forex by Sh760 mn
Remittance inflows stood at $260.7 million in September compared to Sh29.7 billion and Sh29.9 billion in the previous two months...
UK-based fintech Mode holds £750,000 worth of bitcoin
The company allocated 10% of its cash reserves to purchase more bitcoin...
Turkey’s lira depreciates to an all-time low due to inflamed political tensions
The value of lira dropped as much as 0.9 percent to 7.8692 percent, with an extended loss of more than 24 percent...
Blockstream CEO expects bitcoin to hit $1 tn mark by 2022
For this to come true, the market will need to witness an increase of around 400% in the next two years...
Indonesia, Japan develop interbank trading of yen and rupiah
The move will help to strengthen bilateral trade and investment...
Abu Dhabi Islamic Bank launches third-gen eDirham cards
The cards are being launched in partnership with the Ministry of Finance...
Is China pushing for an universal currency?
China recently announced pilot programmes for its digital currency in three regions...