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Swiss central bank believes retail CBDCs could destabilize financial system

Swiss National Bank (SNB) Chairman Thomas Jordan said the central bank “sees no need” to issue a central bank digital currency (CBDC) for public...

Laos and Brunei Joins ASEAN’s Initiative for Real-Time Cross Border Payments – Fintech Singapore

by Fintech News Singapore April 4, 2024 The Central Bank of Brunei Darussalam (BDCB) and the Bank of the Lao PDR (BOL) have formally joined the...

European Central Bank Taps Bloomberg for Electronic Trading Platform Contracts

Bloomberg has secured contracts with the European Central Bank (ECB) to provide Electronic Trading Platforms (ETPs). These contracts allow Bloomberg to offer ETPs for trading various...

COSMIC Platform Goes Live in Singapore to Combat Financial Crime – Fintech Singapore

by Fintech News Singapore April 1, 2024 The Monetary Authority of Singapore (MAS) has officially rolled out the COSMIC platform, a digital initiative aimed at bolstering...

VCREDIT business has grown steadily through refined operations in FY2023

HONG KONG, Mar 27, 2024 - (ACN Newswire) - VCREDIT Holdings Limited ("VCREDIT" or the "Group"; stock code: 2003.HK), a leading independent online consumer...

UAE Central Bank Takes First Steps Towards CBDC Development

Industry News Both retail and wholesale applications of CBDC are being considered. Three parts will make up the first stage of the plan as per the...

Craig Wright’s “Satoshi Nakamoto” Claim Debunked in UK Court Ruling

In a collective effort, the regulatory authorities in Kuwait, represented by the Central Bank of Kuwait, the Capital Markets Authority, the Ministry of Commerce...

BSP: CBDC Pilot Completion by the End of 2024 | BitPinas

Deputy Governor Mamerto Tangonan disclosed in a press briefing last March 6 that the Bangko Sentral ng Pilipinas (BSP) plans to finish its pilot...

For Hong Kong, stablecoins go beyond payments

Hong Kong is not the first jurisdiction to come up with a regulatory regime for stablecoins. But its response may become the most significant. That...

European Central Bank: Digital Euro for Payments Only, Not Investment or Holding 

A digital Euro CBDC will be “designed for making payments, not for investment,” explained Ulrich Bindseil, Jürgen Schaaf, and Executive Board member Piero Cipollone...

AUD/USD Technical: Bulls have failed to break above the 0.6570 resistance – MarketPulse

Recent China’s stimulus policies have failed to provide...

Bithumb Rockets to All-Time High in Korea: Claims 72% Market Share Over Upbit

South Korea’s crypto landscape was dominated by Upbit for the longest time. However, there seems to be a shift underway as Bithumb gains momentum,...

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