Visa completes digital Hong Kong dollar pilot test with local banks By Cointelegraph
[ad_1] Payment processor Visa (NYSE:) has completed the Hong Kong Monetary Authority’s central bank digital currency (CBDC) Pilot Programme with HSBC and Bank. According to...
XAU/USD to move sustainably into $2,100 territory – TDS
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Gold moved into $2,000 territory in response to rising geopolitical risks. Strategists at TD Securities analyze the yellow metal’s outlook. Fed set...
Shift in financial investor sentiment towards Gold – Commerzbank
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The CFTC market positioning data published on Friday revealed a shift in financial investor sentiment towards Gold, economists at Commerzbank report. Short...
Diversification benefits of Oil and Gold remain intact – UBS
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Investors face fresh uncertainties. Heightened geopolitical risks underline the merits of diversification, economists at UBS report. Oil and Gold assets will also...
Gold to Remain Supported Even if Geopolitical Tension Subsides
Gold prices rose 6% recently, influenced by the Israel-Hamas conflict. However, ANZ Bank points to other driving factors: 1. **Fed Rate Cycle’s End:** As the...
Banks’ crypto exposure must be disclosed — BIS’ Basel Committee By Cointelegraph
[ad_1] The Basel Committee on Banking Supervision of the Bank for International Settlements (BIS) released a consultation paper on Oct. 17, proposing to make it...
Basel proposes crypto disclosures by banks from January 2025 By Reuters
[ad_1] © Reuters. FILE PHOTO: Representations of cryptocurrencies are seen in this illustration, August 10, 2022. REUTERS/Dado Ruvic/Illustration/File Photo LONDON (Reuters) – Global banking regulators...
South Korea to fine two Hong Kong banks for naked short-selling By Reuters
[ad_1] © Reuters. SEOUL (Reuters) – South Korea’s stock market watchdog said on Sunday it found two Hong Kong-based investment banks had engaged in naked...
JPMorgan Chase CEO Jamie Dimon warns this is ‘the most dangerous time’ for the world in decades
Jamie Dimon, Chairman of the Board and Chief Executive Officer of JPMorgan Chase & Co., gestures as he speaks during an interview with Reuters in...
JP Morgan CEO highlights AI’s role in the bank’s future By Investing.com
[ad_1] © Reuters. Jamie Dimon, the Chief Executive Officer (CEO) of JPMorgan Chase & Co (NYSE:), expressed his favorable views on artificial intelligence (AI) in...