UAE’s dirham stablecoin race widens as RAKBank nets in-principle approval
RAKBank's in-principle nod from the Central Bank of the UAE to launch a dirham-backed stablecoin adds a homegrown bank to the UAE’s stablecoin race....
RAKBank's in-principle nod from the Central Bank of the UAE to launch a dirham-backed stablecoin adds a homegrown bank to the UAE’s stablecoin race....
Federal Reserve Chair Jerome Powell says his refusal to drop interest rates led to Donald Trump opening a criminal investigation over renovations to the central bank’s headquarters....
China’s yuan climbed past the psychological milestone of 7 per dollar for the first time since September 2024, on bets the central bank will allow a gradual appreciation to boost market confidence....
📋 Key Facts ✓ The Council of the European Union endorsed the launch of the digital euro. ✓ The digital euro is developed by the Europea...
BitVentures has launched a US-based crypto mining operation weeks after rebranding, marking its first operational move into digital assets after years of losses....
Turkmenistan has started the year with a bang, with new laws legalizing the operation of crypto exchanges and crypto miners kicking in on Jan 1....
MSCI announced it will keep digital asset treasury companies in its global indexes, citing investor feedback and the need for further study on non-operating firms....
Brian Niccol said he wanted Starbucks to feel like the coffee shop from "Friends." Justin Sullivan/Getty Images Starbucks CEO Brian Niccol said a fictional café guided his vision of what his s...
China’s biggest tech groups and a clutch of fast-rising consumer electronics brands are battling for coveted sponsorship slots at the Spring Festival Gala, as intensifying competition in artificial in...
Chip Somodevilla/Getty Images, Anna Moneymaker/Getty Images Federal Reserve Chair Jerome Powell said the US central bank was served grand jury subpoenas on Friday from the Department of Justice that t...
The Hong Kong Monetary Authority (HKMA) expects to work with other financial regulators to promote artificial intelligence adoption in various sectors over the next five years and further advance fint...
China’s central bank has set the yuan’s daily reference rate at its strongest level in 15 months, as the currency strengthened in offshore trading and briefly broke through the closely watched seven-p...
Americans have received millions of dollars as part of guaranteed income pilot programs. SimpleImages/Getty Images Basic income pilots have distributed over $335 million in economic relief to American...
President Donald Trump aims to control and revive Venezuela's oil industry. Critics call it modern-day colonialism....
Washington announced its control over Venezuela's oil sales after capturing two tankers transporting sanctioned crude and capturing Nicolás Maduro....
The transaction would give the Japanese exchange operator control of the Canadian asset manager, expanding its presence in regulated investment products....
Goldman Sachs issued a new price target for Coinbase on Monday, while upgrading the exchange to "Buy" from "Neutral." COIN jumped 8%....
The Trumpfamily’s World Liberty Financial filed for a banking charter to gain greater control over its USD1 stablecoin and expand its adoption among institutions....
📋 Key Facts ✓ Benchmark raised Hut 8 price target to $85 ✓ Adjustment follows AI data center deal ✓ Lease pushe...
Manufacturers and analysts warn AI data centre build-out is crowding out market for semiconductors...