Kazakhstan will begin routing selected government expenditures worth more than 100 million tenge ($190,000) through its digital tenge platform, expanding the use of the central bank digital currency to strengthen oversight of public spending.
Since late March, the renminbi (RMB) has been on an upswing, repeatedly hitting three-year highs. On 14 April, onshore RMB broke past 6.82 per dollar at the open - its strongest level since 24 March, 2023.
A U.S. federal arts body has approved the design of a 24-karat gold commemorative coin featuring President Donald Trump, on Thursday (19 March) paving the way for its release as part of celebrations marking the country’s 250th anniversary on 4 July.
Global market valuation of virtual currencies has surged to an unprecedented $2.73 trillion, approaching half the value of the world’s gold reserves. Yet for many investors, the promise of decentralisation is overshadowed by a growing concern: digital assets may be seized without prior warning.
Global markets are rattled after U.S. President Donald Trump threatened new tariffs on eight European countries over Greenland, sending the euro to a seven-week low and raising concerns about renewed transatlantic trade tensions.
Bulgaria is preparing to replace its national currency, the lev, with the euro on 1 January, a long-awaited move welcomed by businesses but viewed with scepticism and anger by some citizens.
Thousands of Bulgarians took to the streets in Sofia and other major cities on Saturday to oppose the government’s plan to replace the lev with the euro, a key step in the country’s deeper integration into the European Union.
The euro marks its 26th year amid economic challenges, with fluctuating value and new digital currency developments shaping its future across Europe and the global market.
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