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UK Finance Minister to Probe Banking Challenges Faced by Crypto Firms


Source: AdobeStock / Mary The finance minister of the United Kingdom has pledged to look into the reported difficulties faced by licensed cryptocurrency firms in opening business accounts in the country.  Chancellor of the Exchequer Jeremy Hunt has agreed to meet with Economic Secretary of...

Banks Flock to Chinese Digital Yuan Pilot – 60 Now Offer CBDC Wallets


Source: Sean K/Adobe Nine more banks have joined China’s digital yuan pilot, bolstering the number of banks offering CBDC wallets to 60. Per Beijing Business Today (via Sohu), the latest batch of commercial banks to join the pilot include three big city-based banks and six rural banks. City-based...

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