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Circle, the company behind the widely-used USD Coin (USDC), announced it will stop supporting its stablecoin on the Tron blockchain. The issuer said the move is part of Circle’s ongoing efforts to ensure USDC maintains its reputation as a trusted, transparent, and safe digital currency.

“We are proud to introduce Matching and Market Tracker in Pakistan. These launches are a testament to our commitment to bringing about transformation in the FX markets through innovative technology and strategic partnerships. Our collaborative efforts with the State Bank of Pakistan are set to redefine the landscape of currency trading in the region.”

Pakistan has committed to introducing reforms in the foreign exchange market. The new online FX trading platform is a testament to this commitment, with the plan presented to the IMF. This platform is expected to enhance transparency and efficiency in the forex market, and it will be integrated with all banks, going live by the end of January 2024.

Last week, the U.S. Securities and Exchange Commission voted to approve the first U.S.-listed exchange traded funds (ETFs) to track bitcoin. This move paves the way for mainstream investors to trade bitcoin as easily as stocks and traditional assets. Keep your finger on the pulse with our hand-picked essential stories and updates that are most relevant to those in the market.