Tag: Currency pegging
SEC says group illegally raised $2B in crypto offering
WASHINGTON — Federal regulators have accused a group of people of promoting a securities offering tied to digital currency that raised over $2 billion...
Facebook-backed digital currency project Diem shifts to US
A once-ambitious Facebook-backed digital currency project — formerly known as Libra, now called Diem — is shifting operations from Switzerland to the U.S. and...
Syria devalues its local currency against the U.S. dollar
BEIRUT — Syria devalued the official price of its local currency on Thursday two days after the central bank governor was sacked, state media...