A currency exchange agreement was reached on Thursday by the central banks of Egypt and the United Arab Emirates, which could support the faltering Egyptian
Category: CURRENCIES
PayPal adopts USD stablecoin in the bid for digital currencies to be used for payments and transfers.
In an effort to increase the use of digital currencies for payments and transfers, payments company PayPal introduced a U.S. dollar stablecoin on Monday. According
French government issues first crypto license to Societe Generale, as more mainstream banks embrace crypto trading.
As more traditional financial institutions around the world embrace cryptocurrency this year, the French bank Societe Generale has become the first business in France to
IMF working on a global central bank digital currency platform to fight cryptocurrency.
IMF Managing Director Kristalina Georgieva stated on Monday that the IMF is developing a framework for central bank digital currencies (CDBCs) to promote international trade.
U.S SEC court charges: Binance, the world’s biggest crypto exchange, saw outflows of $780m in 24 hrs.
A day after the world’s largest cryptocurrency exchange was sued by the U.S. Securities and Exchange Commission, data firm Nansen said on Tuesday that investors
Banking crisis set to rally Bitcoin price above $100,000 by end of 2024. – Standard Chartered.
By the end of 2024, Bitcoin’s value might increase to as much as $100,000, according to a report released on Monday by Standard Chartered. According
Ethereum blockchain revamps to unlock $33 billion in cryptocurrency.
This week, investors will finally get access to more than $33 billion in ether thanks to a planned blockchain redesign. Market participants will be able
Bitcoin mining boom threatens electric grid in Texas.
According to a leading trade group, the surge in the power requirements for the miners has prevented cryptocurrency bankruptcy cases and concerns about electric power
North Korean hackers stole over $1b worth of crypto in 2022, the highest amount on record. – UN.
According to a secret UN report obtained by reporters on Monday, North Korean hackers stole more bitcoins in 2022 than in any other year. This
Mastercard must provide competing payment networks, customers’ data to process debit transactions. – FTC.
The Biden administration announced on Friday that it has ordered Mastercard Inc. to stop preventing the processing of debit payments through competitor networks. The Federal
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