De-dollarisation will lower costs for Malaysian manufacturers and SMEs but the US, with its significant leverage in the global financial system, can exert pressure on economies that make the change.
What even are the requisites for a currency to be truly international? And how does this affect the mechanics of the international monetary system and the global economy more generally? Alphaville has ...
China is continuously taking strict actions against cryptocurrency and bans oversee issuance of Yuan-pegged stablecoins. But, ...
Beijing has broadened its crypto ban to include RWA tokenization and unapproved offshore yuan-linked stablecoin issuance.
DBS Bank customers can now use their digital banking accounts to transfer money to friends and family with Weixin Pay ...
Figures show Venezuela’s public debt sits at roughly 180 percent of its GDP as the country struggles with tumult.
The dollar is in decline, and investors have to learn to live with it.
China has officially banned onshore activities related to real-world asset tokenization — the act of converting asset rights ...
China has officially banned onshore activities related to real-world asset tokenization — the act of converting asset rights into tokens or certificates via encryption, distributed ledger or similar ...
By Mark Buckton in Taipei Reports that Chinese regulators have instructed banks to curb exposure to US Treasuries have ...
Last week's visit to Nairobi by the United States Deputy Secretary of State, Christopher Landau, was presented as a reaffirmation of the Kenya-US strategic partnership. There were warm diplomatic ...