Asian countries are adopting diverse stablecoin strategies in response to intensifying global competition. This includes Japan’s regulatory-first approach, South Korea’s...
Investing.com-- Most Asian currencies edged lower on Monday after sharp gains in the previous session, spurred by Federal Reserve Chair Jerome Powell signaling an interest rate cut next month. The ticked up 0.1% into the European session, after tumbling nearly 1% to a four-week low on Friday over Powell’s dovish tilt. In Europe, the is down 0.2%, while the has declined 0.1%, with the up 0.2%. Asian currencies jumped after Powell’s rate cut signal Asian currencies jumped on Friday following Powell’s dovish remarks at the Jackson Hole symposium, where he...