Tag: Finance

DeFi Project Spotlight: Frax Finance, a Sweet Spot for Stablecoins

Key Takeaways Frax Finance is an on-chain protocol that mints and manages the FRAX stablecoin. FRAX maintains its peg through a dual collateral-backed and algorithmic mechanism, making it more scalable and capital efficient than...

G7 Finance Ministers Call to Accelerate Global Crypto Regulations Following UST Collapse: Report

The FSB, an international body based in Basel that was responsible for generating many of the post-2008 financial norms, had previously promised a report on the regulation, supervision and oversight of global stablecoins...

Precog Finance Secures Investment and Partnership With Sequoia DAO

The blockchain and cryptocurrency space is expanding every passing day. One of the invariable outputs of a maturing industry is the unification of vital players to create impact faster, more efficiently and at...

Japan’s finance ministry official denies report Japan, U.S. discussed joint FX intervention By Reuters

© Reuters. FILE PHOTO: Japan Yen and U.S. Dollar notes are seen in this June 22, 2017 illustration photo. REUTERS/Thomas White/Illustration/File Photo TOKYO (Reuters) - A senior Japanese finance ministry official on Saturday denied...

Dollar edges up but cautious as finance ministers meet By Reuters

© Reuters. FILE PHOTO: U.S. dollar banknotes are displayed in this illustration taken, February 14, 2022. REUTERS/Dado Ruvic/Illustration By Kevin Buckland TOKYO (Reuters) - The dollar edged up on Thursday, supported by expectations for...

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