forex

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Decentralized Forex Is Coming to Terra: Vertex Protocol Raises $8.5M
The protocol seeks to expand DeFi liquidity to non-U.S. dollar pegged stablecoins.
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Growth in Euro Stablecoins Spurs Dreams of Digital Forex Market
But challenges remain on financing and regulations.
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What Stanley Druckenmiller's Inflation Warning Means for Crypto
One of the greatest forex traders in history believes a cryptocurrency is the “most likely” global reserve currency to replace the dollar.
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Mirror Trading Clients Should Take Their Money and Run, South African Regulator Advises
FCSA said Mirror Trading's self-proclaimed 10% monthly returns "seems far-fetched and unrealistic" as it opened an investigation.
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Texas Securities Regulator Accuses South African Trading Pool of Crypto Fraud
Texas' securities watchdog ordered Mirror Trading International to cease operations, alleging the South African bitcoin and forex "investor club" is a multilevel marketing scam.
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Forget Bitcoin’s Volatility, BoA Says Unstable UK Pound Like an Emerging Market Currency
Bitcoin is often criticized for its volatility – now analysts are saying that, and more, about the pound sterling.
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Foreign Exchange Giant CLS Admits: No, We Don’t Need a Blockchain for That
Forex giant CLS is now using a blockchain to handle certain currency trades, but the technology is “not essential” for the task, an executive admits.
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China's Foreign Exchange Regulator Piloting Blockchain in Trade Finance
The agency that regulates and manages China's foreign exchange reserves will trial a blockchain system addressing inefficiencies in cross-border trade.
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Citi Has Scrapped Its Plan for a JPM Coin-Like Bank-Backed Cryptocurrency
Several years back Citi tested a bank-backed cryptocurrency similar to JPMCoin. The lesson it learned? It's easier to rely on SWIFT.
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HSBC Exec Says Using Blockchain Slashed Forex Trading Costs by 25%
An HSBC executive has told Reuters that using blockchain slashed the costs of settling foreign exchange trades.
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