Gulf Payments Company: Facilitating cross-border payments in GCC
In 2016, due to the regional importance of cross-border payments, the Supreme Council of the GCC approved the establishment of the Gulf Payments Company...
Tag : currency
IF Insights: Expats flee as cost of living soars in Singapore
As per logistics service provider APAC Relocation, the rent increase has caused around 10% of its clientele to move away from Singapore...
Zimbabwe to introduce gold-backed digital currency
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...
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...
How central banks used gold since the 1990s
Central banks sold gold on the net in the 1990s and the first part of the 2000s...
Huobi selects Singapore as its new regional headquarters
The crypto giant has already moved a significant part of its operations to Singapore...
Bitcoin hovers below record levels after first-ever ETF debuts on NYSE
The Proshares Bitcoin-linked ETF is trading under the ticker name of BITO...
Hong Kong takes first step towards central bank digital currency
Hong Kong’s central bank has published a technical whitepaper for a potential retail digital currency...
Bank of England names reps from Asos, PayPal and Spotify in CBDC forum
The BoE forum will explore the practicalities of designing, rolling out and operating a CBDC...