China’s yuan rallies with central bank backing as worries mount over US dollar
A recent rally in China’s yuan has been primarily fuelled by stronger guidance from its central bank rather…
Kyrgyzstan’s Bakai Bank Courts US Treasury’s Scott Bessent and Wall Street Heavyweights for Investment Ties
Scott Bessent, US Treasury Secretary, and Umut Abakirova, Bakai Bank Chairwoman Kyrgyzstan’s Bakai Bank CEO Umut Abakirova met…
US Sanctions Korea Sobaeksu Trading Company for Illegal North Korea Transfers | Ukraine news
Sanctions imposed by the U.S. Department of the Treasury targeted a company and three individuals involved in illegal…
ECB flags stablecoin’s risks to central banks as US passes GENIUS Act
GENIUS is a landmark piece of legislation aiming to establish a comprehensive federal framework for the regulation of…
Trade war worries push Asian central banks to curb currency intervention
Some of emerging Asia’s biggest central banks look to be dialling back their interventions in the currency market.…
America’s crypto embrace could boost its arsenal for a trade war
Are trade wars good for technology after all? Circle Internet Group, a major issuer of digital currencies designed…
China cuts US Treasury stockpile, dropping to No 3 spot among foreign holders
China cut its stockpile of US Treasuries in March, before its trade war with US President Donald Trump…
US Treasury targets key Hezbollah financiers in Iran and Lebanon
The United States government on Thursday announced new sanctions targeting two senior Hezbollah officials and two individuals accused…
US Treasury lifts corruption sanctions on top Hungarian minister
The US Treasury announced Tuesday that Biden-era sanctions on a high-ranking Hungarian minister for alleged corruption will be…
Trump’s Crypto Summit Heavy on Victory Laps, Light on Regulation
On Friday (March 7), the crypto industry came to Washington D.C. Specifically, they came to the White House’s…
What we know about Elon Musk’s controversial blockchain vision for US
Elon Musk has ignited debate in financial and technological circles by endorsing the idea of putting US Treasury…
US Treasury sanctions network delivering Iranian oil to China
The US Treasury announced financial sanctions on Thursday, the first under the new administration of US President Donald…