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RAKBANK introduces dirham-based crypto trading via app, joins UAE’s fintech push

RAKBANK has taken a significant step toward mainstreaming cryptocurrency in the United Arab Emirates by enabling customers to trade digital assets directly through its mobile app. This new feature eliminates the need for conversions to foreign currencies or reliance on offshore platforms, marking the first such move by a traditional UAE bank. In partnership with […] дальше »

2025-7-30 16:22


Mento Selects Wormhole as its Official Interoperability Provider to Power Multichain FX

The foreign exchange (FX) market processes over $7. 5 trillion in daily volume, yet remains constrained by legacy infrastructure that is slow, fragmented, and unavailable around the clock. Traditional FX markets are closed on weekends, rely on third-parties, and transactions can take days to settle, making them inefficient. дальше »

2025-7-29 16:00


Swiss Central Bank rejects Bitcoin for reserves, citing volatility: report

Swiss National Bank Governor Martin Schlegel reaffirmed the central bank’s position against incorporating Bitcoin or other digital assets into its foreign exchange reserves.  Schlegel expressed concerns to Bloomberg regarding Bitcoin’s (BTC) high volatility, instability, and the regulatory challenges associated with… дальше »

2025-3-20 16:14


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Bolivia’s YPFB adopts cryptocurrency for energy imports as fuel and dollar shortages worsen

Bolivia is facing a serious economic issue as the country has a severe lack of dollars and gasoline, forcing the state energy agency YPFB to use cryptocurrencies for energy imports. According to Reuters, a YPFB official acknowledged that the decision comes as Bolivia’s foreign currency reserves plummet due to years of low natural gas exports. […] дальше »

2025-3-14 18:04


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China tightens grip on crypto with new foreign exchange rules

China has rolled out new regulations to identify and control risky foreign exchange activities, including those involving cryptocurrencies, the South China Morning Post reported. According to the report, China’s State Administration of Foreign Exchange recently directed banks to monitor and report suspicious transactions tied to cross-border gambling, underground financial networks, and unauthorized crypto dealings. дальше »

2025-1-2 22:13