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
CurrencyFeaturedFacebook rebrands Libra as Diem to get regulatory approvalPritam BordoloiDecember 3, 2020 by Pritam BordoloiDecember 3, 2020 The independent organisation that runs the project, the Libra Association, will now be known as the Diem Association... Read more
CurrencyFeaturedGlobal crypto exchange Bitterz launches in JapanPritam BordoloiDecember 1, 2020 by Pritam BordoloiDecember 1, 2020 It is offering $50 worth of bitcoins to all customers who open a new account... Read more
CurrencyFeaturedCyrpto exchange Binance to discontinue its stablecoin BGPBPritam BordoloiNovember 17, 2020 by Pritam BordoloiNovember 17, 2020 Binance first listed the stablecoin in July last year... Read more
FeaturedForexLow dollar demand underpins Kenya’s forex by Sh760 mnInternational Finance Business DeskNovember 12, 2020November 12, 2020 by International Finance Business DeskNovember 12, 2020November 12, 2020 Remittance inflows stood at $260.7 million in September compared to Sh29.7 billion and Sh29.9 billion in the previous two months... Read more
CurrencyFeaturedUK-based fintech Mode holds £750,000 worth of bitcoinPritam BordoloiOctober 27, 2020 by Pritam BordoloiOctober 27, 2020 The company allocated 10% of its cash reserves to purchase more bitcoin... Read more
CurrencyFeaturedForexTurkey’s lira depreciates to an all-time low due to inflamed political tensionsInternational Finance Business DeskOctober 9, 2020 by International Finance Business DeskOctober 9, 2020 The value of lira dropped as much as 0.9 percent to 7.8692 percent, with an extended loss of more than 24 percent... Read more
CurrencyFeaturedBlockstream CEO expects bitcoin to hit $1 tn mark by 2022Pritam BordoloiOctober 6, 2020 by Pritam BordoloiOctober 6, 2020 For this to come true, the market will need to witness an increase of around 400% in the next two years... Read more