Why Did China Take a Hardline Stance on Stablecoins, Declaring Them Illegal, While the U.S. and Europe Opted for Regulation?
Last Friday, the People’s Bank of China, the central bank of the world's second largest economy, convened a meeting on...
Currencies
China To Intensify Crackdown on Virtual Currencies, Including Stablecoins: Report
Mainland China has reiterated its anti-crypto stance, vowing to intensify its crackdown on speculation in virtual currencies, according to a...
Asian markets mixed as traders eye US data ahead of Fed decision
Among the reports due for release are private jobs creation, services activity and personal consumption expenditure Asian equities were mixed...
Settlements between Russia, India in national currencies strengthen trade between states – Business & Economy
NEW DELHI, December 1. /TASS/. Most transactions between India and Russia are conducted in national currencies, which has made trade...
Australia’s ASX hit by outage affecting corporate announcements, website shows
The outage comes after CME Group on Friday suffered one of its longest outages in years The Australian Securities Exchange’s...
Westpac NZ Removes International Transfer Fees From Online Banking Payments
Monday, 1 December 2025, 8:39 amPress Release: Westpac Just in time for the holiday season, Westpac NZ is removing the...
NZD/USD near the monthly high having extended the post-RBNZ gains
US equities made modest gains into month-end with investors having to contend with a technical issue at CME Group that...
Why China’s central bank is not fond of stablecoins
PBOC warns about rise in speculative activities What's the story China's central bank, the People's Bank of China (PBOC), has...
India’s Forex Reserves Drop $4.5 Billion, Still Hovers Around Record High
India's foreign exchange reserves declined by USD 4.472 billion in the week that ended November 21 to USD 688.104 billion,...
Brazil Just Closed A Major Crypto Loophole—And Stablecoin Users Should Pay Attention
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Brazil’s central bank...
