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...
Category Currency
CBDC can enhance cross-border payments efficiency
Hong Kong and Singapore leading in CBDC efforts, BIS mentioned that countries...
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...
GBO
Magazine
Dubai Port seeks partnership with Pelindo IV to develop Ambon’s new
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...
Saxo Bank to launch crypto trading in the Middle East
Crypto FX will let clients from the Middle East and North Africa...
China’s move to ban crypto: miners suspend operations
Cryptocurrency miners like Huobi Mall and BTC.TOP halted China business...