Bank of England Shuts Down Silicon Valley Bank’s UK Branch After US Regulators Close Parent Company
After U.S. regulators shut down Silicon Valley Bank (SVB) on Friday, the Bank of England has closed the corporate’s U.Ok.-based arm. The central financial institution...
US Treasury and White House to Hold Regular Meetings on CBDCs and Payment Innovations
On March 1, 2023, Nellie Liang, undersecretary for home finance on the U.S. Treasury, delivered a speech to the Atlantic Council in Washington in regards...
Bank of Thailand Needs More Time to Complete and Launch Retail Digital Currency
The central financial institution of Thailand isn’t going to hurry with the launch of its digital forex because it’s not but certain about the advantages...
ECB Economists Suggest Limiting Access to Digital Euro to Protect Banks
A gaggle of economists evaluating the potential results of a digital euro have insisted that limiting entry to the upcoming foreign money is important to...
Report: Terror Groups Using South African Financial System to Move Funds
Sympathizers of the phobia group, the Islamic State (IS) are allegedly utilizing South Africa’s monetary system to channel funds to the group’s associates and networks...
Nigerian Central Bank Governor Says Fintechs and Cryptos Change the Way Financial Systems Function
The Nigerian central financial institution governor and bitcoin critic, Godwin Emefiele, not too long ago remarked that the rise of fintechs and cryptocurrencies amongst different...
Nigerian Mobility Fintech Secures $20 Million From British Development Finance Institution
A Nigerian fintech, Moove, lately secured a $20 million funding from British International Investment (BII). Moove mentioned the funds will likely be used to democratize...
Co-Founder of Zimbabwean Fintech Startup: ‘Everyone Has a Right to Access Funds and Financial Freedom’
Cryptocurrencies have been confirmed to be a monetary device that can be utilized to retailer worth or make funds by these excluded from the monetary...
Fed Chair Powell Says Crypto Needs New Regulation Citing Risks to US Financial System
The chairman of the Federal Reserve, Jerome Powell, says crypto requires new regulation, citing that it presents dangers to the U.S. monetary system and will...
Kenyan Central Bank Document Discusses Benefits and Risks Posed by CBDC — Public Asked to Comment
Kenya’s central financial institution has acknowledged in a just lately launched doc {that a} central financial institution digital forex might probably profit the nation’s monetary...