Finance

Bank of Russia Rejects Idea of Using Cryptocurrency to Circumvent Sanctions

Bank of Russia Rejects Idea of Using Cryptocurrency to Circumvent Sanctions - A suggestion to allow the use of digital

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IMF Confirms Increasing Egypt’s Bailout Loan to $8 Billion

IMF Confirms Increasing Egypt's Bailout Loan to $8 Billion – The International Monetary Fund's executive board has approved a deal with Egypt to boost its bailout loan from $3 billion

Tokenized US Treasury Bonds Hit $1 Billion Milestone on Public Blockchains

Tokenized US Treasury Bonds Hit $1 Billion Milestone on Public Blockchains – This week, data analyst Tom Wan from 21.co revealed that tokenized U.S. Treasury bonds on public blockchains have

Visa and Mastercard Agree to Slash Fees in $30B Landmark Settlement

Visa and Mastercard Agree to Slash Fees in $30B Landmark Settlement - Visa and Mastercard have reached a groundbreaking $30 billion settlement on Tuesday, aiming to curtail credit and debit

Russia Introduces Bill to Apply Money Laundering Controls to Digital Ruble Transactions

Russia Introduces Bill to Apply Money Laundering Controls to Digital Ruble Transactions – Lawmakers in Russia are suggesting a new law to stop money laundering in digital ruble transactions. This

Japan Raises Interest Rates for First Time Since 2007

Japan Raises Interest Rates for First Time Since 2007 – The Bank of Japan has concluded eight years of implementing negative interest rates, marking a significant change to one of

FDIC Official Urges Better Digital Asset Policy to Maintain US Influence

FDIC Official Urges Better Digital Asset Policy to Maintain US Influence – According to U.S. Federal Deposit Insurance Corporation (FDIC) vice chair Travis Hill, mishandling the regulation of blockchain technology

Crypto Assets Can Help Russia Return to Global Financial Market – Lawmaker Says

Crypto Assets Can Help Russia Return to Global Financial Market –  According to a lawmaker working on crypto regulations, digital financial assets such as cryptocurrency can enable Russia access to

Qatar Central Bank Studying Digital Banks and CBDCs

Qatar Central Bank Studying Digital Banks and CBDCs - According to a Qatar Central Bank official, the bank is now looking at the prospect of establishing a digital currency as

Bank of Russia Allows Sberbank to Issue Digital Financial Assets

Bank of Russia Allows Sberbank to Issue Digital Financial Assets - Sberbank, Russia's largest bank, has been added to the Central Bank of Russia's (CBR) list of information system operators

Federal Reserve Bank President Pushes for Faster Rate Hikes

Federal Reserve Bank President Pushes for Faster Rate Hikes - James Bullard, the president of the Federal Reserve Bank of St. Louis, has called for more aggressive steps to battle