Tag: Bank of China
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RBI Discusses CBDCs for Cross-Border Payments with HKMA, US Fed, and SWIFT – Fintech Singapore
by Fintech News Singapore December 11, 2023 The Reserve Bank of India (RBI) has initiated discussions...
Hackers Hit World’s Largest Bank, Forcing Financial Giant to Rely on USB Stick to Settle Trades: Report – The Daily Hodl
Engineers are investigating how hackers managed to crack the New York arm of the Industrial & Commercial Bank of China (ICBC) – a financial...
‘CitrixBleed’ Linked to Ransomware Hit on China’s State-Owned Bank
The disruptive ransomware attack on the world's largest bank this week, the PRC's Industrial and Commercial Bank of China (ICBC), may be tied to...
ICBC forced to trade with USB drive due to ransomware attack
The U.S. wing of Industrial & Commercial Bank of China Ltd. (ICBC) was forced to execute trades through a USB drive on Thursday due...
Treasury Markets Disrupted by ICBC Ransomware Attack
The Industrial and Commercial Bank of China (ICBC) was hit with a ransomware attack today, preventing the US Treasury from settling trades on behalf...
Is Hong Kong in the forefront of the digital money race?
Hong Kong has excelled as a world center of finance, trade and professional services. An excellence that was degraded by the brain drain in...
Global Fintech Awards Finalists Announced as Momentum Builds for SFF 2023 – Fintech Singapore
The Monetary Authority of Singapore (MAS) and the Singapore Fintech Association (SFA) announced the finalists of the Singapore Fintech Festival’s (SFF) Global Fintech Awards.
Supported...
Rising M2 money supply will see crypto become ‘Super Massive Black Hole’: Raoul Pal
The rising total money supply (M2) could propel crypto into another bull rally and help it outperform the traditional markets, according to Raoul Pal,...
Stablecoin Liquidity | BitPinas
After describing what are stablecoins in a previous op-ed, I can now explain stablecoin liquidity. Let’s start with some definitions. This article is contributed...
Hong Kong FinTech Week 2023 “Fintech Redefined”
Hong Kong FinTech Week 2023
"Fintech Redefined."
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Invest Hong Kong (InvestHK) today (October 18) unveiled details of Hong Kong FinTech Week 2023 (HKFW)....
Curtain Closes on the Region’s First Sustainable Finance Conference Ahead of the City’s Preparations for COP28
DUBAI, Oct 25, 2023 - (ACN Newswire) - The recently concluded Future Sustainability Forum organized by DIFC, held at the Ritz Carlton DIFC on...
China’s central bank to ‘resolutely curb’ crypto speculation; Hong Kong updates regulations
Pan Gongsheng, recently appointed head of the People’s Bank of China (PBOC), the country’s central bank, said the agency will severely crack down on...