Latam stablecoin use reaches 71% of institutions
Stablecoin adoption for cross-border payments has reached 71% among Latin American institutions.
Stablecoin adoption for cross-border payments has reached 71% among Latin American institutions.
US Commerce Secretary Howard Lutnick outlined concerns to ASML's senior leaders that one of its top-of-the-line machines may have made its way into China, in violation of US-led export restrictions. ASML has pushed back on Lutnick's suggestion, explaining that none of its extreme ultraviolet lithography machines are in China, according to people familiar with the talks. Bloomberg's Neil Campling reports.
The global oil market is zeroed in on activity in the Strait of Hormuz after the US and Iran inked an interim deal to end their war and reopen the critical waterway. While equities have largely shrugged off the turmoil, central banks and traders are eagerly watching for signs of further energy-supply disruption and impacts on inflation. The Opening Trade spoke with leading market voices for their take on the deal, how global economies have handled the conflict and whether the world can return to pre-war pricing.
Valuations have eased and foreign inflows weakened, yet India is still not seen as cheap relative to global peers, according to Bank of America's India CEO Vikram Sahu. He joined Haslinda Amin and Menaka Doshi on Insight with Haslinda Amin.
Solana (CRYPTO:SOL) recorded 285,971 wallets holding tokenised real-world assets as of June 18, surpassing Ethereum (CRYPTO:ETH) and BNB Chain (CRYPTO:BNB).
Dogecoin (CRYPTO:DOGE) drew attention to a Japanese tax incentive programme after players of Final Fantasy 14 were offered a Shiba Inu-themed in-game mount through a local government initiative.
Ethereum (CRYPTO:ETH) could face a funding gap for core protocol development within the next three to nine months.
A constitutional amendment approved by parliament would lengthen presidential terms and allow the 83-year-old leader, Emmerson Mnangagwa to remain in office beyond 2028. Bloomberg's Jennifer Zabasajja reports from Johannesburg.
A constitutional amendment approved by parliament would lengthen presidential terms and allow the 83-year-old leader, Emmerson Mnangagwa to remain in office beyond 2028. Bloomberg's Jennifer Zabasajja reports from Johannesburg.
The People's Bank of China expanded its Cross-border e-CNY Transfer Services network by adding 26 domestic and international banking institutions to support wider use of the digital yuan in cross-border payments.
Former US Deputy National Security Adviser Mara Rudman says the Iran deal as "uneven," saying that it does not prevent Tehran from continuing its nuclear enrichment activities. She says the agreement requires a robust inspection mechanism something unlikely to be secured within the 60-day negotiation window.
Hyperliquid (CRYPTO:HYPE) continued to attract investor attention after reaching a record high of US$76.95 on June 16.