The Nigerian naira emerged as one of the more resilient currencies in Africa during the second quarter of 2026, according to the World Bank. The performance came despite growing pressure on currencies across the region as rising geopolitical tensions and higher energy prices created fresh challenges for emerging markets. While several African currencies came under…
Argentina’s peso has fallen to a new all-time low against the US dollar, highlighting the scale of the currency’s long-term decline. The official dollar selling rate reached about 1,545 Argentine pesos on September 25, 2026, according to historical exchange-rate data, while Argentina’s central bank reported a wholesale benchmark of roughly 1,519 pesos per US dollar….
IBM has taken another step toward bringing blockchain technology into traditional banking, connecting its Digital Asset Haven platform to Swift’s new blockchain-based shared ledger. The integration, announced on September 24, allows participating financial institutions to instruct transactions involving tokenized bank deposits through Swift’s ledger using the existing ISO 20022 messaging standard. In practical terms, banks…
Nigeria received $11.12 billion in personal transfers, including workers’ remittances, during the first half of 2026, according to an analysis of Central Bank of Nigeria (CBN) Balance of Payments data. The figure highlights the continued importance of money sent by Nigerians and other individuals from abroad to the country’s external finances and foreign exchange inflows….
The European Central Bank (ECB) has launched Pontes, a new platform designed to allow banks and financial market infrastructures to settle transactions involving tokenised assets using central bank money. The platform went live on September 21, marking the first step in the Eurosystem’s strategy to adapt central bank money to an increasingly tokenised financial system….
Coinbase could emerge as one of the companies positioned to benefit from the U.S. Securities and Exchange Commission’s new framework for tokenized stocks, according to analysts at Goldman Sachs. The SEC on September 17 introduced a temporary “Innovation Exemption” allowing qualifying Tokenized Securities Venues to facilitate the trading of certain tokenized U.S. stocks through permissioned…
Apple appears to be exploring the growing role of stablecoins and blockchain technology in digital payments, fueling speculation that cryptocurrency payments could eventually become part of Apple Pay. The signal comes from a new Apple Pay Financial Product Strategy Lead job listing in the United States. Apple says it is looking for candidates with an…
Tether has emerged as the dominant financing source for Gold.com, one of the largest gold dealers in the United States, after providing about $1.5 billion in financing for precious-metal leases. According to Bloomberg, Gold.com had approximately $1.7 billion in outstanding precious-metal leases at the end of June, with Tether accounting for the majority of that…
Japan’s yen-pegged stablecoin issuer JPYC has temporarily suspended issuance reservations on the Ethereum and Polygon networks after a glitch affected its issuance process. JPYC announced the disruption on September 17, saying reservations for new JPYC issuance on Ethereum had been paused while the company investigated the cause. The suspension was subsequently extended to Polygon. The…
The UK’s Financial Conduct Authority (FCA), working with HM Revenue & Customs (HMRC) and the Metropolitan Police, has taken enforcement action against three London premises suspected of operating illegal peer-to-peer cryptocurrency businesses. The operation, carried out on September 10, targeted locations believed to be involved in P2P crypto trading without the required regulatory registration. Authorities…
