Bank Refuses Customer Relationship with an Alleged South African Crypto Fraud Firm
A group of journalists in South Africa contacted one of the leading banks in South African namely FNB regarding one of the alleged customers of the bank which was apparently involved...
Morgan Stanley Predicts Impact of Digital Euro on Bank Deposits
Since the beginning of the year 2021, the Central Bank of Europe has expedited its process of developing the central bank digital currency (CBDC). The European Union is also backing the...
CBDC Included in the Fintech Strategy Governed by Hong Kong
According to the latest reports, the “Fintech 2025” strategy has been published by the regulatory authority of Hong Kong. The reports confirm that the particular authority that has worked on the...
An official of Central Bank of Ireland Warns Locals about Bitcoin
Since late December of 2020, the overall cryptocurrency industry had been demonstrating a bullish run. The industry had experienced all-time highs since the beginning of 2021 and the demand/user base for...
CBDC Given Priority over Local Payment Firms by Top Chinese Banks
No matter how many efforts other countries make in developing and launching their CBDCs, it seems that all their efforts stale against China. China has made tremendous progress and has gained...
The CBDC Settlement Platform to be built by the Central Bank of Central Banks
The Bank of International Settlements has recently made a very promising announcement for the entire cryptocurrency industry. The Innovation Hub of the Bank of International Settlements has announced that its utmost...
Bank of Japan Releases List of Participants in Digital Yen Trials
The race to introduce a Central Bank Digital Currency (CBDC) is ongoing, with countries trying to catch up to China. It appears that Japan is at the forefront of this race,...
US Fed Economists Investigating CBDCs’ ‘Intrinsic’ Value Drivers
On Monday, a new review was posted by the United States Federal Research, which showed that it has begun to broaden its research when it comes to know central digital bank...
