US Banks Experience Deposit Delays Following Federal Reserve Payment System Outage On November 3, several major US banks were unable to process customer deposits due to…
Swiss Bank SGKB Partners with SEBA Bank to Offer Cryptocurrency Trading Switzerland’s St.Galler Kantonalbank (SGKB), one of the largest banks in the country, has entered the…
The Swiss National Bank and Six Commercial Banks to Pilot Wholesale CBDC Issuance The Swiss National Bank (SNB), in collaboration with six commercial banks and the…
HSBC Tests Tokenized Deposits with Ant Group in Sandbox Banking giant HSBC has collaborated with Chinese financial services provider Ant Group to test the use of…
Visa Completes CBDC Pilot Programme with Hong Kong Banks Visa, a leading payment processor, has successfully completed the central bank digital currency (CBDC) Pilot Programme in…
AI Crowned Word of the Year by Collins Dictionary The Collins dictionary has named “artificial intelligence” (AI) as the word of the year for 2023. AI…
Brazilian Banks Prepare for Nationwide Rollout of Central Bank Digital Currency Brazil’s leading financial institutions, including Itau Unibanco, BTG Pactual, and Santander Brasil, are ramping up…
Standard Chartered’s Zodia Enters Hong Kong Market Zodia Custody, a crypto custody firm owned by Standard Chartered, Northern Trust, and Japan’s SBI, is set to launch…
The UK Government Announces Plans to Regulate the Cryptocurrency Industry The UK government has confirmed its intention to regulate the cryptocurrency industry by 2024. In response…
