Report: Egyptian Pound Reaches New Low Against US Dollar Despite Flexible Exchange Rate Regime

The exchange rate of the Egyptian pound versus the U.S. dollar fell to a new low on Jan. 11 after it tapped 32.14 per greenback. The currency’s latest significant depreciation came just a few months after it adopted a flexible exchange…

Australia Needs Regulations to Facilitate Crypto Business, Senate Committee Reports

A Senate committee in Australia has made a number of proposals to address the lack of proper regulations for the cryptocurrency space. The lawmakers believe the country needs new rules for its fintech and digital asset industries to be able to…