Central banks will face unfamiliar challenges to achieve CBDC inclusivity, study says By Cointelegraph
[ad_1] A common argument made in favor of central bank digital currency (CBDC) is that it could boost financial inclusion. The nuances of how to...
US CFTC orders 3 major US banks to pay over $50 million for swap reporting failures By Reuters
[ad_1] 3/3 © Reuters. FILE PHOTO: The Goldman Sachs company logo is on the floor of the New York Stock Exchange (NYSE) in New York...
‘Rich Dad Poor Dad’ Author Kiyosaki Issues Major Warning: ‘Get Money Out of Banks Now’ By U.Today
[ad_1] © Reuters. ‘Rich Dad Poor Dad’ Author Kiyosaki Issues Major Warning: ‘Get Money Out of Banks Now’ U.Today – Best-selling author Robert Kiyosaki, known...
SEC’s Gensler is loyal to banks, not an impartial regulator — Rep. Tom Emmer By Cointelegraph
[ad_1] United States Representative Tom Emmer spoke out against Securities and Exchange Commission Chair Gary Gensler during a hearing at the House Financial Services Committee...
CBDCs could support a more stable economy — if banks run the show By Cointelegraph
[ad_1] © Reuters. Central Bank Digital Currencies (CBDCs) have become well-established as a major talking point in the academic mainstream and geopolitics — not to...
SWIFT enrolls 3 central banks in CBDC interoperability beta test, expands sandbox By Cointelegraph
[ad_1] Three central banks have joined the beta phase of bank messaging platform SWIFT’s central bank digital currency (CBDC) interoperability project, the company announced Sept....
Gold Investments Soar to 11-Year Peak: JPMorgan
Gold investment has surged in the past year, fueled by central bank acquisitions. JPMorgan Chase & Co. analysts report that implied allocations to gold by...
SBI expands Ripple remittance tech to banks in Vietnam, Indonesia, Philippines By Cointelegraph
[ad_1] © Reuters. Japanese financial holding company SBI Group has announced that its international remittance services arm, SBI Remit, has partnered with and SBI Ripple...
CBDCs will gradually displace private banks, says Russian lawmaker By Cointelegraph
[ad_1] Central bank digital currencies (CBDCs) and blockchain technology are likely to displace traditional banks, according to a Russian lawmaker. Anatoly Aksakov, head of Russia’s...
Regional banks face hit from new debt level requirements
Martin Gruenberg, acting chairman of the Federal Deposit Insurance Corp. (FDIC), speaks during an Urban Institute panel discussion in Washington, D.C., on Friday, June 3,...