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Stablecoins can benefit financial system, Fed governor says
18.10.2024
The United States national debt has crossed $35 trillion, with $500 billion added to the government debt in the last two weeks alone
Stablecoins can benefit financial system, Fed governor says
18.10.2024
The United States national debt has crossed $35 trillion, with $500 billion added to the government debt in the last two weeks alone
Tokenization and Stablecoins Close to Being Regulated in This Latam Giant
18.10.2024
The President of the Central Bank of the Latin American giant announced plans to expedite the regulation of asset tokenization and stablecoins by 2025. The bank will issue a new consultation this month to gather more input on the rules for approving VASPs’ operations in the country. Central...
Singapore's DBS Bank Starts New Suite of Tokenized Banking Services for Institutional Clients
18.10.2024
The Singaporean banking giant wants to help clients optimize liquidity management and streamline operational workflows
DBS rolls out blockchain-based banking for institutions
18.10.2024
DBS Bank has launched its “DBS Token Services” for real-time blockchain payment settlements, using smart contracts for enhanced security and transparency
DBS rolls out blockchain-based banking for institutions
18.10.2024
DBS Bank has launched its “DBS Token Services” for real-time blockchain payment settlements, using smart contracts for enhanced security and transparency
Nigerian Currency ‘Most Competitive in 20 Years,’ Says World Bank
18.10.2024
Nigeria’s currency reforms under Bola Tinubu’s government have made the naira one of the most competitive in 20 years, according to World Bank chief economist Indermit Gill. The decision to float the naira and remove fuel subsidies helped prevent fiscal collapse. While the naira’s...
Paypal Expands Crypto Reach: 60 Million Venmo Users Now Linked to Moonpay
18.10.2024
Venmo’s 60 million users can now fund transactions on the Moonpay platform, thanks to a new integration announced by Paypal. U.S. users can use Venmo balances, linked bank accounts, or cards to buy and sell cryptocurrencies through Moonpay, expanding payment flexibility. However, this option...
BRICS Bank Offers Zimbabwe Escape From IMF Debt Traps, Says Professor
17.10.2024
A Zimbabwean professor has highlighted the BRICS New Development Bank (NDB) as a crucial alternative to the International Monetary Fund (IMF), offering better financial terms to developing nations. He emphasized the NDB’s role in helping countries like Zimbabwe escape debt cycles and discussed...
Regulatory clarity key for banks entering crypto, industry exec says
16.10.2024
Lead Bank executive Erica Khalili talks about why now's not an easy time in the digital banking sector.
Regulatory clarity key for banks entering crypto, industry exec says
16.10.2024
Lead Bank executive Erica Khalili talks about why now’s not an easy time in the digital banking sector.
Thailand's oldest bank announces stablecoin remittance services
16.10.2024
The Siam Commercial Bank Public Company, founded in 1907, was the first bank established in the South Pacific country
Thailand’s oldest bank announces stablecoin remittance services
16.10.2024
The Siam Commercial Bank Public Company, founded in 1907, was the first bank established in the South Pacific country
Bitcoin Surge Looms as US Election Nears — Standard Chartered Predicts BTC Rally to $73,800
16.10.2024
Banking giant Standard Chartered is predicting a sharp rise in bitcoin’s value, with forecasts suggesting it could approach its all-time high of $73,800 as the U.S. presidential election nears. Rising Treasury yields, growing interest in bitcoin ETFs, and Trump’s improving election odds are...
AED Stablecoin Gets Green Light From UAE Central Bank
15.10.2024
AED Stablecoin LLC has received approval from the Central Bank of the United Arab Emirates (UAE) to launch its stablecoin, AE Coin. This makes AED Stablecoin the first entity in the UAE to issue stablecoins, aligning with the government’s digital strategy. AE Coin is a fiat-backed stablecoin...
US FinCEN Accuses TD Bank of Failing to Report $3B in Crypto Money Laundering
15.10.2024
The U.S. Treasury Department’s Financial Crimes Enforcement Network (FinCEN) has accused TD Bank of failing to report suspicious…
Drex Brazilian CBDC pilot will work on privacy, DeFi in phase 2
14.10.2024
The Brazilian central bank has 13 participants for phase 2 so far, and it is willing to take on an unlimited number.
UK, Colombia crypto exchanges linked in TD Bank record fine
14.10.2024
TD Bank facilitated more than $1 billion worth of bank transfers from two international crypto platforms, according to FinCEN
Ripple endorsed Keyrock Partners with Deutsche Bank for Crypto Boost
14.10.2024
Keyrock, a leading crypto market maker and liquidity provider backed by Ripple, through a press release has announced…
AI risks financial stability, warns Indian central bank governor
14.10.2024
India’s central bank governor has warned of financial risks linked to AI dominance in finance, echoing concerns from global financial authorities