June 15, 2025

US dollar

Crypto

Explainer | What to know about stablecoins after Hong Kong passes law to regulate the popular tokens

The cryptocurrency industry has continued to advance, with bitcoin prices hitting a record high earlier this week. Stablecoins have come under the spotlight as regulators in Hong Kong and the US push for legislation for the popular tokens. Here we answer five common questions about stablecoins. What are stablecoins and how are they used? Stablecoins

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Banking

Investment Banking Major Jeffries Notes ‘US dollar Now On A Long-Term Downward Path’

The US dollar is likely to be entered in a long-term downtrend due to present political, and economic landscape which indicates a weaker dollar, as per a Jeffries report. According to the investment banking and financial services major’s report in December 24, 2024, the U.S entered an all-time high of 67.2 per cent share in

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