Stories

Capital Flow

Shows how policy, balance sheets, market structure, and investor expectations transmit change across industries.

TSO / High confidence

The New Monetary Trilemma: CBDCs, Stablecoins, and Tokenized Treasuries — Who Will Prevail?

With the rapid development of digital finance, CBDC, stablecoins, and tokenized treasuries have become three paths for currency digitalization. The article compares their governance models, political economy implications, and social trade-offs, and discusses the different choices made by the United States and the European Union.

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TSO / High confidence

Annual Report to the King: Morocco's Central Bank Releases 2025 Economic Review and Outlook

Morocco's central bank presented its 2025 annual report to the King, showing global economic growth of 3.4%, Morocco's domestic GDP growth of 4.9%, inflation falling to 0.8%, the fiscal deficit narrowing to 3.5%, the addition of 193,000 new jobs, and sufficient foreign exchange reserves. The central bank also emphasized geopolitical risks and structural challenges.

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TSO / High confidence

US sanctions Iran’s largest crypto exchange, Nobitex, for allegedly helping evade Western sanctions

On June 2, the U.S. Treasury Department announced sanctions against Nobitex, Iran’s largest cryptocurrency exchange. Three sources consistently confirm the sanction and its core allegation: Nobitex is accused of helping the Iranian government and blacklisted state entities evade Western sanctions. One source adds that the move is connected to a Reuters investigation published on May 1 describing Nobitex as a key node in Iran’s parallel financial system. Claims about naming founders/executives or French regulators/EU licensing are not mentioned in the provided sources and cannot be confirmed.

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