At the opening of the BIS Innovation Hub Eurosystem Centre in Paris, Agustín Carstens said “we are proud that the whole Eurosystem will join …
Author: Shree Edwards
China’s Yuan For Saudi Arabia Oil Could Become A Possibility
South Africa’s ambassador to BRICS, Anil Sooklal, has announced that the BRICS group of nations will continue reaching out to other nations. It’s no secret
French Authorities Raided Offices of Five Paris Banks In $123 Billion Tax Fraud Probe
French authorities conducted a raid on the offices of five major banks in Paris today as part of an ongoing investigation into fraud and money
Banks Embrace Crypto In China; As Japan Supports A Mainland Crypto Ban
Several Chinese state-owned banks, including Bocom and Bank of China, are reportedly showing interest in working with cryptocurrency firms in Hong Kong. The move comes
The BIS, The Project Mariana, Wholesale CBDCs & Retail CBDCs
The Project Mariana initiative is investigating the use of automated market-makers (AMMs) to automate foreign exchange markets and settlement processes, potentially improving cross-border payments. AMM
Coinbase Global Inc, The Largest U.S. Crypto Exchange Threatened With A Law Suit From The US Securities & Exchange Commission
The US Securities and Exchange Commission (SEC) has issued a Wells notice to Coinbase Global, which implies that it plans to take legal action against
The Two Superpowers China & Russia Team Up Against The US Dollar
During Chinese President Xi Jinping’s visit to Moscow, Russian President Vladimir Putin endorsed the yuan as the currency of choice for Russian businesses in the
Crypto Exchange Coinbase Extendeds A Helping Hand To Stablecoin Circle
Coinbase, the American publicly traded company that runs a centralized cryptocurrency exchange platform, has extended a helping hand to Circle, the USDC stablecoin issuer, by
The Future of Fintech, Fiat, & Digital Assets
The fintech landscape in 2023 looks vastly different from the previous year, as the industry grapples with global economic uncertainty, rising interest rates, significant layoffs
US Banking Crisis; Bank of America Pessimistic About The Future
Bank of America shut down his branch just hours after he made a huge deposit. A California man deposits $33K check in BofA account, never