Taiwan's foreign exchange reserves fell to $597.15 billion in June after the central bank confirmed it engaged in net selling of foreign currency to manage exchange rates amid a strengthening U.S. dollar.
Angola's central bank has authorized commercial banks to use the Chinese yuan to fulfill their mandatory foreign-currency reserve requirements, reflecting the deepening economic ties between the two nations.
The Japanese yen strengthened on reports Tokyo may push its $1.81 trillion pension fund to invest more domestically, while the U.S. dollar held steady ahead of key inflation data.
A Bank of America survey reveals investor sentiment toward the Japanese yen has soured to its most bearish level since 2022, fueled by doubts over the Bank of Japan's policy path despite the looming threat of currency intervention.
The company has registered its crypto-asset white paper with European authorities, a critical step required by the Markets in Crypto-Assets (MiCA) regulation for the token to be listed on regulated EU trading venues.
The crypto trading infrastructure firm has met a key EU regulatory milestone by registering its MERC token's white paper, paving the way for listings on regulated trading venues across the bloc.
The digital currency saw a relief rally, but the move comes after a 14% quarterly decline and faces significant headwinds from hawkish central bank policy and record outflows from spot exchange-traded funds.
Crypto payment gateway NOWPayments has introduced a new infrastructure allowing businesses to send mass crypto payouts using email addresses, a move the company says will eliminate blockchain network fees.
TrueDAO, a project building AI-driven decentralized finance infrastructure, has secured $10 million in a strategic funding round led by Brevan Howard Digital. The capital will be used to develop its core AI protocol, enhance risk management systems, and expand its ecosystem.
