Evergrande’s Bankruptcy and Its Impact on China’s Banks Evergrande, a major Chinese real estate developer, recently filed for bankruptcy protection in the United States. The company’s…
Chinese Authorities Take Action Amid Bank Run and Financial Fears Chinese authorities are taking steps to prevent further financial contagion as a bank run unfolds in…
The Reserve Bank of Australia Explores the Future of Money with CBDCs The Reserve Bank of Australia (RBA) is considering the use of a central bank…
Ayman Alsayari Warns of Dangers and Risks of Cryptocurrencies Ayman Alsayari, the Governor of the Saudi Central Bank (SAMA), has expressed concerns about the potential dangers…
The Governor of the Saudi Central Bank Calls for IMF Regulation of Cryptocurrency Ayman Alsayari, the governor of the Saudi Central Bank (SAMA), has expressed the…
The Nigerian Central Bank Lifts Foreign Exchange Restrictions The Nigerian central bank has announced that it is lifting foreign exchange restrictions on the importation of 43…
Monzo Bank, a British online bank, allows its customers to use funds in their accounts to make cryptocurrency purchases on exchanges. While customers cannot buy cryptocurrencies…
Mastercard, RBA, and DFCRC Unveil Solution for Interoperable CBDCs Mastercard, in collaboration with the Reserve Bank of Australia (RBA) and the Digital Finance Cooperative Research Centre…
Bank Transfers Frozen in Japan as Major Glitch Hits Big Banks Engineers are currently investigating a banking glitch that caused a complete shutdown of bank transfers…