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...

TD Bank, one of the largest financial institutions in the U.S., has agreed to pay a record $3 billion penalty, the largest ever under the Bank Secrecy Act, after pleading guilty to felony charges. The bank is the largest in U.S. history to plead guil

Simon Redfern’s Open Bank Project aims to revolutionize banking by promoting transparency and open-source innovation through standardized APIs. Redfern’s recent work focuses on bridging open banking with blockchain, enabling secure decentralized fina

A pair of bank customers, one at Wells Fargo and the other at Bank of America, say they’ve been hit by similar scams – but only one got their money back. Maine business owner Amy Kelly says she recently received a call from what she believed was Bank

MicroStrategy's Bitcoin bank ambitions could reshape financial markets, influencing corporate strategies and potentially driving Bitcoin's mainstream adoption. The post MicroStrategy stock soars 10% as it pursues Bitcoin bank ambitions appeared first

Ripple has announced a major upgrade to its Ripple Custody service, aiming to deliver bank-grade crypto custody solutions to fintech firms and crypto businesses. The enhancements include integration with compliance tools, expanded hardware security m

The 10th-largest bank in the US is preparing to pay a $3 billion fine after becoming the first in American history to plead guilty to conspiracy to commit money laundering charges. TD Bank’s American-based unit has also admitted to violating the Bank

Samson Mow highlights global pressures on Bitcoin adoption; El Salvador faces challenges from IMF and World Bank. Mow discusses potential Bitcoin reserve in Suriname; World Bank meetings may have stalled national adoption plans. Recently, discussions

The structured investment fund caters to institutional investors seeking exposure to digital assets within a regulated framework.

A busy week lies ahead on the United States economic calendar, with all eyes on key inflation data which could influence central bank policy decisions.

The Central Bank of Nigeria (CBN) is launching a new electronic system (EFEMS) to improve transparency in the foreign exchange market. This comes as the Nigerian currency weakens. Authorized dealers must comply with existing regulations and complete