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Dollar Is at Its Highest Against Yen While ECB Remains Hawkish


As traders wait to review the inflation data of the United States of America, the US Dollar has gone up against the Japanese Yen. It has now touched a value that is the highest in the last one month. This rise is said to be boosted by a climb in Treasury yields to multi-year peaks …

Caribbean CBDC Remains Offline for More Than 2 Weeks Amid Technical Issues


  DCash, a central bank digital currency (CBDC) commissioned by the Eastern Caribbean Central Bank (ECCB), has been offline for more than two weeks amid technical issues that continue to affect the platform. “The DCash Team continues to resolve the technical issue that is impacting the ability...

Gift to Pope Francis Sold as NFT Raises $80,000 for Afghanistan


A carpet presented by the United Arab Emirates as a gift to the head of the Catholic Church a few years ago has been sold in the form of NFT. While the original remains in the Vatican, its digital representation has been successfully used to collect funds for the people of Afghanistan. NFT...

Illicit Activity’s Share in Crypto Shrinks, 'Significant Problem' Remains


  The growth of legitimate crypto usage is far higher than that of illicit usage, according to blockchain analysis company Chainalysis. However, illicit activity is still “a significant problem.”  “Transactions involving illicit addresses represented just 0.15% of cryptocurrency transaction...

Zimbabwe Central Bank Chief: ‘We Don’t Believe in Cryptocurrencies’


The Reserve Bank of Zimbabwe remains opposed to cryptocurrencies but is interested in developing its own digital currency, its governor has said. Central Bank Does Not Believe in Cryptos The governor of the Reserve Bank of Zimbabwe (RBZ), John Mangudya, has said his institution is interested...

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