These differences highlight that CBDCs and cryptocurrencies serve different purposes within digital financial systems.Potential Benefits of CBDCs in the Digital...
ASIAN currencies, including the peso, are expected to remain under pressure in the near term as the dollar stays firm, supported by geopolitical tensions and a cautious stance from the US Federal Reserve, MUFG said. “For Asian currencies, we expect a cautious start to the week, amid a pickup in geopolitical risks that could keep USD strength in play in the near term,” the Japanese financial group said in a market note.MUFG said geopolitical risks had intensified, encouraging investors to stay defensive and favor the dollar. These include worsening protests...