Forex Shortages Blamed After Nigerian Currency Hits New Low Versus the US Dollar

A surge in the demand for foreign exchange and the general scarcity of the resource may be the reasons why the naira currency recently slumped to a new all-time low of 735 versus the U.S. Dollar, ein Bericht hat gesagt. One......

Chinese Central Bank Says It Will Prioritize Stabilizing Currency After Yuan Plunges to 14-Year Low Versus USD

Moments after the Chinese yuans onshore exchange rate versus the U.S. dollar slumped to 7.2458 pro Dollar, the Peoples Bank of China responded by stating that it will prioritize stabilizing the currency. Similar to other currencies that have been depreciating against......

Binance Seeks License to Reenter Japanese Crypto Market After Exiting 4 Years Ago: Prüfbericht

Crypto exchange Binance is reportedly seeking to reenter the Japanese crypto market. The company exited Japan four years ago after the countrys financial regulator warned that Binance was operating illegally without a license. Binance Wants Back in Japan Crypto exchange Binance......

South African Financial Services Giant Nedbank Secures a ‘Village’ in the Metaverse

The South African financial services giant, Nedbank, is reported to have acquired a village in the metaverse. The village will be used to showcase African creativity and to create experiences thatgo beyond banking.By securing a virtual property in Ubuntuland,......

Erdogan Suggests Turkish-Russian Payment System, Local Media Reports

Turkish President Recep Tayyip Erdogan is reportedly pushing for Turkey and Russia to establish a new payment system between them. The initiative comes amid U.S. pressure against the use of the Russian Mir cards in Turkey. Some Turkish banks have been......

Bitcoin-Embracing El Salvador President’s Re-Election Declaration Slammed

Just over a year after overseeing El Salvadors adoption of bitcoin, the Central American countrys 41-year-old president, Nayib B Uhr, recently declared his intention serve another five-year term. The announcement has been criticized by some who have been quick to remind Bukele......

Luna Founder Do Kwon Isn’t in Singapore, Police Say After South Korean Court Issues His Arrest Warrant

Terraform Labs founder Do Kwon is not in Singapore, local police say. Accused of fraud after the collapse of cryptocurrencies luna and terrausd, he is wanted in South Korea after a court issued an arrest warrant for him. jedoch, Kwon insists......

Prüfbericht: Financial Services Giant Old Mutual Appointed Manager of South African Stablecoin Project’s Cash Reserves

One of South Africas largest financial services groups, Old Mutual, has reportedly been appointed manager of the ZARP stablecoin projects cash reserves. Founders of the stablecoin are hopeful that the appointment of one of the countrys oldest financial services companies will......

Prüfbericht: South Korean Prosecutors Issue Arrest Warrant for Terraform Labs CEO Do Kwon

A warrant for the arrest of Do Kwon and five others has reportedly been issued by prosecutors in South Korea. The prosecutors allege that Kwon and his co-accused violated the countrys capital markets law. In addition to the arrest warrant, prosecutors......

Robert Kiyosaki Urges Investors to Get Into Crypto Now, Before Biggest Economic Crash in World History

Der berühmte Autor des Bestsellers Rich Dad Poor Dad, Robert Kiyosaki, has urged investors to get into crypto now, predicting that the biggest economic crash in world history is incoming. “Now is the time you need to get into......