Global currency trading volumes reached a record $9.6 trillion per day in April, as Donald Trump's "Liberation Day" U.S. trade tariff blitz sparked widespread market volatility, according to the world's most comprehensive FX market survey released on Tuesday.

China is considering allowing yuan-backed stablecoins for the first time, marking a major policy shift aimed at promoting international use of its currency.

In early Asian trading on Wednesday, Bitcoin nearly reached $73,000, drawing closer to its all-time high as investors remained vigilant regarding the upcoming US presidential election.