Indonesia, Japan develop interbank trading of yen and rupiah
The move will help to strengthen bilateral trade and investment...
Tag : currency
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...
Ride-hailing platform DiDi Chuxing to run trail for China’s CBDC
It entered into a partnership with the Digital Currency Research Institute of the People’s Bank of China...
Huawei to boost blockchain development in Shenzhen, China
Huawei will also help establish the Kunpeng industrial demonstration zone to accelerate the application of AI, big data and 5G...
Bitcoin: The new gold in a declining global economy?
Professional investors seek easier access to Bitcoin and that’s what Asia’s first bitcoin mutual fund promises to offer...
Bank of Japan urges central banks to understand the nuances of digital currency first
The bank emphasises the importance of understanding digital currencies and the consequences of issuing them...
Coronavirus epidemic could speed up the launch of digital yuan
Government has seized and quarantined old paper notes to prevent the spread of virus...
Binance applies for operating licence in Singapore under new legislation
The crypto operator has an office set up in Singapore and is backed by Temasek...
Axiory Global taps UAE forex market with Dubai operations
Its representative office will cater to private and corporate traders with forex and CFD products in the Emirates...