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Nalezeno "US Banking": 2174

Nigeria Extends Deadline for Returning Soon-to-Be Demonetized Naira Banknotes


After initially ignoring pleas to extend the period for returning old naira banknotes, the Nigerian central bank recently said it has shifted the deadline for returning old banknotes to Feb. 10. The bank’s governor, Godwin Emefiele, said some 30,000 so-called super agents have been deployed...

Contributing to banking transformation in the MENA region


Following the success of Verve Management’s first summit within the digital banking space, the 2nd Annual Future Banks Summit MENA 2023, taking place on March 7th & 8th in Dubai, UAE, will highlight the magnitude of digitalization’s role plays in reshaping the future of banking....

Binance Banking Partner to Ban Crypto Trading Transfers Under $100K


Clients of one of the banks facilitating fiat operations with Binance will not be able to trade crypto through SWIFT transfers of less than $100,000. The transaction minimum, aimed at reducing exposure to digital assets, will be introduced by the financial institution in February. Bank Working With...

Davos 2023: Banking Panel Reinforces the Need for Crypto Regulation


A group of global banking experts hosted by the World Economic Forum (WEF) convened about the need for global crypto regulation, including stablecoins and unbacked crypto assets. The panel agreed there must be at least some kind of base regulation for these assets and bank-equivalent regulation...

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