Crypto regulation demands some overhauling for banks: ECB Chief
In a bid to drive correct crypto laws inside the European Union (EU), the European Central Financial institution’s chief supervisor ...
Tag: banks
Swiss National Bank to Collaborate with Commercial Banks and SDX on Wholesale CBDC Pilot
SNB mentioned that every one transactions carried out throughout this check section shall be secured by digital bonds and settled ...
SWIFT Expands CBDC Interoperability Testing with Three Central Banks
SWIFT has been actively concerned in numerous CBDC-related tasks, together with a wholesale CBDC initiative in collaboration with the New ...
FDIC and Other Federal Agencies ‘Closely Monitoring’ Banks’ Exposure to Crypto Assets
The Federal Deposit Insurance coverage Company (FDIC) says it's working with different federal authorities to maintain a detailed eye on ...
Ripple CTO Schwartz Comments on Requirements Issued by Fed on Banks Transacting with PayPal Stablecoin
David Schwartz appears unsurprised that the Fed is reacting negatively to the brand new stablecoin issued by PayPal. Ripple’s chief ...
Fed Reveals New Rules for How US Banks Can Interact With Stablecoins and Crypto Assets
The U.S. Federal Reserve says its state member banks have to ask for permission earlier than interacting with stablecoins. The ...
Biggest Financial Reset of Our Lifetime Coming As Central Banks Scramble To Follow Fed, Says Bloomberg Analyst
Senior Bloomberg commodities analyst Mike McGlone is warning of a monetary reset amid an setting of tightening financial coverage. McGlone ...
Korean Banks Start Research on Alternative for Stablecoins and CBDC
Non-public banks are exploring blockchain-based “certificates of deposit” tokens (CDs) that can exchange deposits and customary notes. Apart from, they ...
BIS Survey Reveals 24 Central Banks Planning to Introduce CBDCs by 2030
In keeping with the survey, progress within the international growth of CBDCs has continued since final yr, with a selected ...
Reserve Bank of India (RBI) in Talks with Other Central Banks to Promote Digital Rupee for Cross-border Payments
The RBI Governor Shaktikanta Das has severally admitted that the nation is shifting in the direction of CBDC adoption amid ...
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