#foreign-exchange

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#blockchain

JPMorgan Renames Blockchain Platform to Kinexys, to Add On-Chain FX Settlement for USD, EUR

JPMorgan has rebranded its blockchain unit to Kinexys, focusing on real-world asset tokenization and plans to launch on-chain foreign exchange by 2025.

After 12 years, Ripple's president sees its payment and enterprise businesses evolving further | TechCrunch

Ripple is focusing on its global payments journey and also aiming to become an enterprise infrastructure provider.
The XRP Ledger is a decentralized public ledger with an open source code base that is used by thousands of developers globally.

JPMorgan Renames Blockchain Platform to Kinexys, to Add On-Chain FX Settlement for USD, EUR

JPMorgan has rebranded its blockchain unit to Kinexys, focusing on real-world asset tokenization and plans to launch on-chain foreign exchange by 2025.

After 12 years, Ripple's president sees its payment and enterprise businesses evolving further | TechCrunch

Ripple is focusing on its global payments journey and also aiming to become an enterprise infrastructure provider.
The XRP Ledger is a decentralized public ledger with an open source code base that is used by thousands of developers globally.
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#stock-market

Asian shares rise and yen dips as Japan's ruling party loses majority

Asian shares rose as Japan's weak yen benefits exporters amid political uncertainty after election losses for the ruling party.

Market thoughts: The best run of the year, so far - London Business News | Londonlovesbusiness.com

Stocks achieved a sixth straight weekly gain; gold reached a record high as the dollar remained strong amidst limited significant market movements.

Asian shares rise and yen dips as Japan's ruling party loses majority

Asian shares rose as Japan's weak yen benefits exporters amid political uncertainty after election losses for the ruling party.

Market thoughts: The best run of the year, so far - London Business News | Londonlovesbusiness.com

Stocks achieved a sixth straight weekly gain; gold reached a record high as the dollar remained strong amidst limited significant market movements.
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USD/JPY approaches annual lows amid a weak dollar - London Business News | Londonlovesbusiness.com

The USD/JPY pair is declining due to a weakening US dollar and strengthening Japanese yen, primarily influenced by market expectations of a potential Fed interest rate cut.

Attention Bitcoin Traders, the Japanese Yen Is Strengthening Again

The Japanese yen is experiencing renewed strength, impacting global risk assets and triggering fears of another carry unwind.

Stablecoins Can Make the World a Safer Place. Regulators Should Encourage Them

Herstatt risk still affects foreign exchange markets, reflecting persistent systemic vulnerabilities despite advances in regulations and banking oversight.

China's Currency Woes to Weigh on Bitcoin: Crypto Observer

China is facing currency depreciation due to deflationary economic threats and a weak property market, causing foreign investors to pull capital out of the country.
The latest measures taken by Beijing to address the issue could present a downside risk to bitcoin through the foreign exchange channel.
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