Dollar-backed stablecoins can push local currencies lower, Bank of Korea study finds

admin September 5, 2026 Leave a Comment

Buying pressure in Binance-paired currencies correlates with local currency depreciation as market makers balance positions.

Discover more from Stayupdated.co.uk

Subscribe to get the latest posts sent to your email.

Author: admin

The two-year trail of financial controversy dogging Reform and Farage September 5, 2026
Six claims the party has faced – from an undisclosed £5m gift to an alleged plot to bypass election lawsAs Reform UK’s annual conference unfolded in Birmingham, the party was once again facing heightened scrutiny over its finances.Two senior officials have been suspended after they were filmed in an undercover investigation appearing to plot to […]
Crypto billionaire pardoned by Trump gives Reform UK another £4m September 3, 2026
Party confident money from Ben Delo will not be caught in new overseas donor capReform UK has been given a further £4m from the British crypto billionaire Ben Delo, with the party saying it is confident the businessman – who was formerly based in Hong Kong – will not be caught by the new overseas […]
UK asks banks for feelgood stories about keeping out dirty money August 30, 2026
City firms tapped for case studies to try to convince global watchdog that London has cleaned up its actThe government is asking bankers and lawyers to provide feelgood stories about how they blocked dirty money from entering the UK, as ministers try to prove the UK’s money-laundering controls are working.The Treasury’s call for evidence is […]
Gold price hits three-month high amid fears over Iran war and Trump economy August 25, 2026
Bitcoin rises above $80,000 for the first time since May amid uncertainty over US fiscal plansGold prices hit their highest level in more than three months on Tuesday as continued conflict in the Middle East and ongoing political uncertainty fuelled the latest rally in the precious metal.Gold is viewed as a safe haven by investors […]
Crypto bank part-owned by Trump family offers depositors way to ‘gain favor’ with White House, experts say August 20, 2026
Democrats have called World Liberty Financial Trust Company a stark example of corruption but officials claim there is no insider dealingTwo fundamentals underpin the business model of a new crypto bank partly owned by the Trump family. The first is that there is almost no risk it can lose money, according to cryptocurrency experts – […]

Dollar-backed stablecoins can push local currencies lower, Bank of Korea study finds

Related

Discover more from Stayupdated.co.uk

Crypto News

Leave a Reply Cancel reply

Ai Financial Agent

Recent Posts

Recent Comments

Archives

Categories