India considers new ban on crypto to support the digital rupee, and North Korean hackers are suspected to be behind two recent attacks.

The People’s Bank of China emphasized the Mbridge platform’s role in improving cross-border payments through the use of central bank digital currencies (CBDCs), aiming to reduce inefficiencies and avoid new barriers. The platform, which targets under

Experts warn that the high investment required to join the digital ruble platform could be prohibitive for small Russian banks, as it exceeds their annual tech budgets by several times. The entry cost for Russian banks to join the Bank…

Norway’s Central Bank, Norges Bank, will make a decision regarding whether or not it will introduce a digital currency next year, says Deputy Central Bank Governor Pal Longva. In an interview with Bloomberg on Oct. 22, Norges’ Deputy Central Bank…

Crypto exchange Coinbase is seeking documents from the FDIC over whether the bank regulator privately prohibited depository institutions from holding digital assets.

The Federal Reserve Bank of Minneapolis suggests that a ban or tax on Bitcoin could ensure its ability to run permanent budget deficits.

The collapse of SVB caused panic-induced withdrawals from U.S. banks. Continue Reading:Silicon Valley Bank Collapse Triggers Customer Withdrawals in U.S. Banks The post Silicon Valley Bank Collapse Triggers Customer Withdrawals in U.S. Banks appeared

JPMorgan Chase, Wells Fargo, Bank of America and Citi are unloading billions of dollars in bad debt that they’ve given up on recovering. New earnings data shows the four largest banks in the country collectively recorded $6.9 billion in net charge-of

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 fis

OKX announces the listing of the Banana Gun token on its exchange. Users can trade the BANANA/USDT pair starting October 18, 2024. Continue Reading:OKX Lists Banana Gun Token for Trading Opportunities The post OKX Lists Banana Gun Token for Trading O

For Bank of America analysts, fiscal challenges and global economic trends have made gold an even more alluring safe haven than bonds. While falling real interest rates usually help gold, the bank says that even higher rates might fail to put downwar

Bank of America says the $35.751 trillion national debt will rise to “unprecedented levels” in the years ahead, according to a new report. The banks’ analysts just sent a note to clients stating the US will be forced to pay increasing interest on the

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 li

Siam Commercial Bank (SCB) has teamed up with SCB 10X to launch the first cross-border payment using stablecoins in Thailand. The new solution, created together with Lightnet, is to provide a simple and fast cross-border payment solution using stable

The Siam Commercial Bank Public Company, founded in 1907, was the first bank established in the South Pacific country.

Ripple-backed crypto firm Keyrock is teaming up with Deutsche Bank to leverage the bank’s institutional infrastructure to support multi-currency accounts and FX services. Keyrock, an international crypto market maker and liquidity provider, has annou

With Tether waiting in the wings, AED Stablecoin becomes the front-runner to launch the United Arab Emirates’ first regulated dirham-pegged token.

The UAE Central Bank has given in-principle approval for an AED stablecoin. This move marks a big step…

Michael Saylor’s aggressive Bitcoin strategy over the past few years has largely paid off for him and MicroStrategy, making the company now one of the largest corporate holders of Bitcoin. In a recent interview, Saylor unveiled an ambitious plan to t

Inside MicroStrategy's bold plan to become a Bitcoin bank...