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The Tanzanian shilling has experienced a significant decline, becoming the world’s worst-performing currency this year, dropping 8.9%. At the time of writing, the currency’s exchange rate against the U.S. dollar…
The stablecoin market has seen explosive growth in 2024, with total supply reaching $214 billion and transfer volume hitting $35 trillion, according to a new report by Dune Analytics and…
A Reddit thread exploring whether bitcoin holders would sell at $1 million reveals a divided yet pragmatic community weighing financial goals, inflation risks, and long-term faith in the leading cryptocurrency.…
An African payment infrastructure provider is piloting the Africa Currency Marketplace, which seeks to enable countries to settle trades with local currencies. PAPSS Fees to Be Market-Driven The Pan-African Payment…
Stephen Jen, CEO of Eurizon SLJ Capital, believes the U.S. dollar’s decline is just beginning. Concerns about the US economy and optimism about growth abroad have pushed the dollar to…
ADA price is up 73% from its recent lows of $0.57 responding to President Trump’s directive for the establishment of a Strategic Crypto Reserve that includes Cardano.
Binance US has restored U.S. dollar deposit and withdrawal services for eligible customers as of Feb. 19, 2025, nearly two years after suspending the feature amid regulatory scrutiny of its…
Fears of counterfeit $50 and $100 bills have disrupted foreign-exchange trade at Istanbul’s Grand Bazaar, with some bureaus halting the purchase of these bills due to issues with identifying fake…
The Russian ruble weakened after the U.S. imposed new sanctions on Russian banks. Europe Reduces Reliance on Russian Gas The Russian ruble fell to its lowest level since March 2022…
Zimbabwe has said it plans to let its rapidly depreciating gold-backed currency, Zig, float freely on the foreign exchange market. A central bank official said this would help the currency…