News

Crypto once sought to replace banks. Now, in the fight over stablecoins, it’s forced to play by the same rules and get the ...
BAKU, Azerbaijan, April 25. The Central Bank of Azerbaijan (CBA) has voluntarily revoked the license No. BKT-29, issued on November 1, 2014, to Premier Kredit Non-Bank Credit Organization (NBCO ...
The central bank uses the BSP securities and its term deposit facility to mop up excess liquidity in the financial system and to better guide short-term market rates towards its policy rate. The BSP ...
The financial landscape is undergoing a shift, with central bank digital currencies (CBDCs) projected to facilitate $213 billion in transactions by 2030.
The Chinese central bank governor said these tariff actions ... support the multilateral trading system, and steer globalization toward a more open, inclusive, beneficial, and balanced direction ...
As the US banks CBDCs, other nations accelerate implementation plans, balancing innovation with consumer scepticism in a ...
Globally, cryptocurrency adoption has surged, with 562 million users worldwide in 2024 according to Triple A TechnologiesLtd, ...
the Bank is responsible for the oversight of FMIs that have the potential to pose systemic or payments system risk. These include three types of designated FMIs: payments systems (PSs) – which ...
Those include a large economy that transacts with the world; the financial system’s deepest, most liquid capital markets; a credible central bank; and the rule of law. “I do believe that Trump ...
By Eshe Nelson Reporting from Washington President Trump’s shake-up of the global trade system has sent tremors ... and investors trust that the European Central Bank will be the lender of ...
USD1 stablecoin faces challenges like transparency, reserve backing, and volume caps to enter the European market through MiCA.
Although the economy picked up modestly at the end of 2024, full-year growth fell short of the previous year due to soft local demand and global headwinds. The latest round of U.S. tariffs, which also ...