UAE Approves First Regulated Dollar Stablecoin USDU
The UAE approves USDU, its first regulated dollar-backed stablecoin integrated into the national payment framework.
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The UAE approves USDU, its first regulated dollar-backed stablecoin integrated into the national payment framework.
U.S. prosecutors have launched a criminal investigation into Federal Reserve Chair Jerome Powell over disclosures tied to a headquarters renovation, escalating political pressure on the central bank amid rate policy tensions.
Brazil will launch $2 billion in dollar auctions with repos to support liquidity and ease pressure on the real.
HSBC Holdings’ pretax profit dropped 14% in the third quarter following a $1.1 billion charge tied to the Bernard Madoff scandal, yet the bank raised its net interest-income forecast to $43 billion for 2025.