bank

Binance, the leading crypto exchange platform, has stopped transactions through Pix in Brazil. Technically, the exchange stopped all deposits and withdrawals through the Brazilian government payment system. The firm, through a…

The Bank of International Settlements (BIS) Innovation Hub released a report Tuesday looking at four projects that examined wholesale central bank digital currency (CBDC) transfers across borders. The projects demonstrated the technical…

Riksbank, the central bank of Sweden, said it had appointed bitcoin skeptic and current head of the national financial regulator Erik Thedéen as its new governor on Friday. Thedéen, director-general of Sweden’s Financial Supervisory…

The Bank of England's deputy governor Jon Cunliffe has likened the current crypto market crash to the dot-com crash of the late 1990s—and suggested that the survivors could evolve into the "Amazons and eBays" of tomorrow. "The analogy…

Source: AdobeStock / Andrey Popov Only 20% of surveyed central bank reserves managers still say that inflation will be “transitory,” as the US Federal Reserve (Fed) and other…

After seeing the country’s inflation rise to 191.6% in June, Zimbabwean monetary authorities said they have resolved to increase the benchmark interest rate to 200% per annum. In addition, the central bank said it will introduce…

Peter Schiff says he will sell his bank, Euro Pacific, for bitcoin if the Puerto Rican regulators let him sell it. “My bank was not put into receivership for being insolvent. It was put there for being under-capitalized,” the…

The Payment Services Act came into effect in January 2020. All providers of DPT services operating in Singapore must be registered and licensed under the Act. Before the three new licences, Singapore had granted licences and…

The Bank for International Settlements, which is an international financial organisation of 63 central banks of the world, has warned that the risks of decentralised digital currency are already becoming apparent. It…

Key Takeaways The MakerDAO community has passed a proposal to integrate a U.S. bank into its collateral system. The Huntingdon Valley Bank has a debt ceiling of $100 million. It will be able to borrow the sum in DAI by depositing…