The Indian Rupee gained 20 paise against the US dollar in early trade on Friday, reaching 94.20. Optimism surrounding an India-US trade agreement, coupled with improved foreign inflows and lower crude oil prices, fueled the recovery from its previous all-time closing low.
The Chicago Mercantile Exchange (CME) Group has filed a lawsuit against the US Commodity Futures Trading Commission (CFTC) and its chair, Michael Selig, over the agency's approvals of cryptocurrency perpetual futures. CME alleges the CFTC is misinterpreting Congressional directives and acting unilaterally.
Iran's currency has gained over 15% against the US dollar and its stock market hit record highs following a US-Iran understanding. However, Iranians still face high prices for basic goods due to inflation and sanctions, with economic relief yet to reach households.
Nigel Farage met with the Bank of England governor to oppose plans for a state-run digital currency, dubbed 'Britcoin,' which could impact his party's major donor, Christopher Harborne, a billionaire involved in the cryptocurrency Tether.
Markuss Hussle, an OnlyFans manager, exemplifies a growing industry where men profit by managing women's explicit content. While some creators claim empowerment, investigations reveal exploitation, coercion, and trafficking risks, prompting calls for parliamentary inquiry.
Prediction markets are seeing increased institutional adoption for hedging risks like tariffs, with trading volume doubling. However, issues with liquidity depth and dispute resolution, particularly concerning token-weighted votes and contract wording, pose significant challenges for large-scale adoption.
Prediction markets are seeing increased institutional interest for corporate hedging, offering direct bets on events like tariffs or regulatory changes. However, challenges with liquidity depth and dispute resolution mechanisms, particularly concerning token-weighted voting, pose significant risks for large-scale adoption.
The Bank of Russia purchased yuan on the domestic market with settlement on June 16, 2026, for 5.3 billion rubles ($73.11 million). Similar purchases were made on June 15.
Central banks are increasingly storing gold bullion domestically, driven by geopolitical tensions and concerns over accessibility of overseas reserves. The World Gold Council survey shows a rise in domestic storage and diversification of foreign locations, with expectations of continued central bank gold purchases.
The Indian rupee depreciated by 2 paise to close at 94.60 against the US dollar on Tuesday, halting a two-session gain. Despite easing crude oil prices and optimism over a US-Iran peace deal, foreign capital outflows from Indian equities capped the rupee's rise.
最高裁は、外国通貨を別の外国通貨に両替した際の為替差益は、日本円に払い戻さなくても課税対象になると初判断した。外貨同士の取引でも、両替時点で収入の権利が確定すると結論付け、投資家側の上告を棄却した。実務を追認する形となった。
A new film explores the life of Ioannis Kapodistrias, the first governor of Greece, who was instrumental in its independence and state-building but remains largely unknown. The film highlights his diplomatic skill, dedication to Greece, and the controversies surrounding his autocratic leanings and assassination.
Isar Aerospace scrubbed a critical test flight of its Spectrum rocket due to issues with fluid systems. This marks the fourth delay in five months, highlighting ongoing challenges for the European rocket startup at Norway's Andøya Spaceport, which faces competing demands from military exercises and local fishing interests.
Argentina's Central Bank Governor met with the head of China's central bank to discuss the global economy and monetary system. While Argentina denies swap renewal talks are on the agenda, reports suggest progress is being made on extending the agreement.
A new bill in Congress aims to establish a Federal Cryptocurrency Theft Task Force within the Justice Department, months after the disbandment of the National Cryptocurrency Enforcement Team (NCET). The proposal seeks to improve coordination for investigating and prosecuting crypto theft while keeping market regulation separate.
The Bank of Russia purchased yuan on the domestic market with settlements on June 11, 2026, for 5.3 billion rubles ($73.08 million). This follows a purchase of 5.2 billion rubles ($71.70 million) on June 10.
Short-sellers are targeting Japan's yen, risking a repeat of the 1997 Asian financial crisis. Japan's weak fundamentals, high debt, and declining competitiveness make its currency vulnerable, despite large forex reserves. A potential inflation-devaluation spiral could profit speculators.
Jamie Lawrence Powrie, 39, has been granted bail and placed under house arrest after being charged with dealing with proceeds of crime worth over $5 million, linked to dark web activities and $5.7 million in bitcoin. His arrest is part of a major NSW Police investigation.
Elon Musk, potentially the world's first trillionaire, believes money will eventually become irrelevant. He predicts AI robots will create such abundance that production costs will plummet, making human labor and traditional currency obsolete. Musk advocates for a universal high income to ensure access to this automated future.
Bitcoin's largest institutional buyers, including ETFs and corporate treasuries, are showing signs of strain with significant outflows and reduced trading volumes. This shift raises questions about the cryptocurrency's role in institutional portfolios and its ability to sustain price levels above $60,000.
Sam Bankman-Fried has lost his appeal against his fraud conviction and 25-year prison sentence for the collapse of FTX. A US appeals court upheld the jury's decision, rejecting his defense that he believed FTX had sufficient funds.
A new Bank of China white paper reveals over 95% of overseas companies plan to maintain or increase cross-border yuan settlements, with a significant drop in those expecting a decline. The report also indicates a five-year high in yuan asset holdings by foreign firms.
The People's Bank of China, Hong Kong Monetary Authority, and Bank Indonesia have established a framework for direct bilateral transactions, facilitating the exchange of Indonesian rupiah and Chinese yuan to boost regional currency use and Hong Kong's role as an offshore renminbi hub.
Hwacheon County in Gangwon Province has been selected as one of seven pilot areas nationwide for the Ministry of Agriculture, Food and Rural Affairs' rural basic income program. Residents will receive 150,000 KRW in local currency monthly from August to December next year.
