Bitcoin crashes 17% after El Salvador makes it legal tender
The crypto fell as low as $43,050 on Tuesday...
Category Currency
Four central banks test digital currency for cross-border transactions
The Central banks of Australia, Malaysia, Singapore and South Africa team up...
UAE Central Bank to launch its digital currency in five years
The launch is a part of UAE’s monetary 2023-2026 strategy plan to...
CBDC can enhance cross-border payments efficiency
Hong Kong and Singapore leading in CBDC efforts, BIS mentioned that countries...
GBO
Magazine
Dubai Port seeks partnership with Pelindo IV to develop Ambon’s new
Visa reports over $1bn in crypto spending in H1 2021
Currently, the company is partnered with Coinbase, Circle and BlockFi to allow...
UK bans world’s largest crypto exchange Binance
As the global curbing against digital currencies increased, the UK also warned...
Nigeria might launch digital currency soon
The project has been under work for the past two years...
Turkey to boost forex reserve with new currency swap deal with China
The new swap deal is increased from $2.4 bn to $6 bn...
Investors prefer gold due to the volatility of cryptocurrencies
They prefer the precious metal because of its reliability and stability in...
China increases foreign exchange reserve requirement
The increase has been made from five percent to seven percent and...