China is considering allowing the usage of yuan-backed stablecoins for the first time to boost wider adoption of its currency ...

The Hong Kong Monetary Authority (HKMA) intervened in the foreign exchange market overnight for the 11th time since late June ...

Japanese fintech startup JPYC said on Friday it has obtained a licence to issue the country’s first yen-pegged stablecoin, ...

When a currency peg collapses, the country that set its peg too high will suddenly find imports more expensive. That will cause inflation to rise, and the nation may have difficulty paying its debts.

Japan’s FSA will approve yen-backed stablecoins this fall, with JPYC leading the rollout. The move could boost demand for ...

In particular, the rise of stablecoins pegged to the US dollar is reshaping the global currency competition landscape.

Japan's Financial Services Agency will approve the first yen-denominated stablecoin as early as the next few months. Fintech company JPYC will register as a money transfer business with the FSA, ...

Japan’s top financial regulator is preparing to approve the issuance of yen-denominated stablecoins as soon as this fall, ...

Denmark’s central bank scrambled to defend its currency peg Thursday, cutting its benchmark interest rate for the fourth time in less than three weeks. The krone’s peg to the euro has been ...

Bangladesh ’s central bank is considering a crawling peg system for its currency, backtracking on an earlier pledge to allow the exchange rate to float freely. The plan isn’t final yet and ...

Egypt has no plans to peg its pound to a basket of currencies, an official with direct knowledge of the matter said, denying a report in state-run media. Ahram Online cited the head of the ...

WINDHOEK, Aug. 13 (Xinhua) -- The Bank of Namibia (BoN) on Wednesday kept its repo rate unchanged at 6.75 percent to maintain its currency peg to the South African rand and support domestic economic ...