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State treasurers across the U.S. are holding roughly $70 billion in unclaimed property, and NAUPA estimates about 1 in 7 Americans have money waiting for them. The funds often come…
Iran’s rial collapsed to a record low this week just as President Trump’s new sanctions package named digital assets as a target for the first time, threatening the IRGC’s billion-dollar…
The recent announcement of the U.S. Treasury debt buybacks expansion has sparked debasement trade talks, a strategy in which investors abandon currencies and buy scarce hard assets such as gold…
Japan and the United States are preparing to unveil a joint policy as early as next week to stop speculators from driving the Japanese yen to fresh multi-decade lows. Japan…
The Federal Reserve is widely expected to hold its benchmark rate at 3.50% to 3.75% for a fifth straight meeting when Chair Kevin Warsh delivers the Federal Open Market Committee’s…
With the move, Argentines can now collect their wages in dollars, a proposal that will be more enticing to companies that already get paid in dollars. Nonetheless, this new option…
Iran’s rial slid to a fresh all-time low of about 1.95 million per U.S. dollar on Sunday, as renewed U.S. pressure and a collapsing ceasefire push an economy already battling…
Hyundai Motor America converted $20,000 into stablecoins and transferred them to Hyundai Motor Mexico, where they were exchanged back into U.S. dollars. Shaving Hours off Transaction Times Hyundai Card successfully…
Tether lost $791 million this week, a single-token drop that accounted for 41% of the $1.9 billion pulled from the entire stablecoin market. Most of its top competitors also finished…
The Japanese yen collapsed to 162.27 per U.S. dollar on June 30, its weakest level since 1986, intensifying speculation that Tokyo could step in to defend the currency for the…