Finance

Is BRICS’ new gold-backed currency imminent?
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30 September, 2024

Is BRICS’ new gold-backed currency imminent?

With BRICS' expansion comes its ambition to create a gold-backed currency that would challenge the U.S. dollar and euro, a...
Hong Kong expands e-HKD; Canada, Australia abandon retail CBDCs
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30 September, 2024

Hong Kong expands e-HKD; Canada, Australia abandon retail CBDCs

Hong Kong’s HKMA launched the second phase of its CBDC pilot, while Canada and Australia are shifting their focus from...
BlackRock spot BTC ETF options gets green light
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27 September, 2024

BlackRock spot BTC ETF options gets green light

The U.S. securities regulator has approved options trading for the iShares Bitcoin Trust under the ticker symbol IBIT on Nasdaq.
DBS Bank diversifies investors’ portfolio with new offerings
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27 September, 2024

DBS Bank diversifies investors’ portfolio with new offerings

DBS Bank offers clients the opportunity to diversify their portfolio, manage asset volatility and potentially achieve higher yields by utilizing...
East Asia receives $400B stablecoins, digital assets: report
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26 September, 2024

East Asia receives $400B stablecoins, digital assets: report

A September 17 report by Chainalysis revealed that Eastern Asia received over $400 billion in value in stablecoins and other...
Revolut eyes stablecoin; DZ Bank bares digital asset trading
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25 September, 2024

Revolut eyes stablecoin; DZ Bank bares digital asset trading

Elsewhere, Louisiana has launched a new service that allows residents to make payments in digital assets, although it immediately converts...
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