Tejash & Dev

Ringgit opens higher against major currencies, flat vs greenback

KUALA LUMPUR: The ringgit opened higher against major currencies but remained flat against the US dollar amid renewed expectations of a possible US Federal Reserve (Fed) interest rate hike following stronger-than-expected inflation data. At 8 am, the local currency traded at 4.0540/0590 against the greenback, unchanged from Tuesday’s close of 4.0540/0580. Bank Muamalat Malaysia Bhd…

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WasabiCard rolls out local card issuing in 100+ markets

Singapore-based WasabiCard has launched a local card issuing solution with stablecoin settlement across more than 100 markets. Through a single API integration, businesses can set up card programmes designed to meet regional compliance requirements, with programme-level settlement in USDT, USDC, and Open USD (OUSD). According to WasabiCard, international expansion has typically meant issuing cards in…

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