I know everything I am looking for is here, watch movies, watch series, education, games, exams, news, current events and many more.
“# Mastercard is preparing its infrastructure for the deployment of CBDCs ” During an earnings call with investors and stakeholders, Michael Miebach, CEO of Mastercard, discussed his positive outlook on the cryptocurrency industry. The company has not only seen sizable volume growth in consumers using their Mastercards to purchase crypto but has also secured several…
“# DBS Bank joins Hedera blockchain’s governing council ” The Hedera Governing Council has welcomed Singapore’s oldest bank, DBS Bank, as its newest member, making it the first Southeast Asian lender to join the worldwide Hyperledger organization. DBS Bank, a member of the advisory council on fintech, has joined the blockchain council alongside 39 other…
“# US regulators are exploring policy for banks to handle crypto, says FDIC chair ” Jelena McWilliams, the chairperson of the Federal Deposit Insurance Corporation, or FDIC, has said the agency is working with other regulators in the United States to explore “under what circumstances banks can engage in activities involving crypto assets.” In a…
“# Bank of Spain issues registration guidelines for crypto services ” The central bank of Spain is introducing new registration guidelines for local virtual currency service providers, or VASPs, including banking institutions. The Bank of Spain has issued instructions on VASP registration for Anti-Money Laundering, or AML, purposes, requiring institutions to submit their registration requests…
“# Mastercard plans to allow US partners to offer crypto loyalty rewards ” Major credit card company Mastercard has announced it is preparing to integrate cryptocurrencies into its loyalty program offerings for U.S.-based banks, merchants, and fintech firms on its payment network. In an Oct. 25 announcement, Mastercard said it would be working with digital…
“# Nigerian president to unveil eNaira central bank digital currency ” Nigerian President Muhammadu Buhari is set to officially introduce the country’s central bank digital currency (CBDC), the eNaira. The Central Bank of Nigeria (CBN) has published a document in which it reaffirmed its intention to introduce the eNaira after previously attempting but failing to…
“#UItra-low interest rates ‘rip off’ middle-class savers: economist” Ultra-low interest rates combined with runaway inflation rip off middle-class savers and retirees, a former top economic advisor to Trump said. “We know that people on pensions and we know that people with deposits at the bank, they’re not getting any return. They are being ripped off,”…
“#Goldman CEO David Solomon beats ‘back-to-office’ drum — from LA” Goldman Sachs Chief Executive David Solomon was beating the “back-to-the-office” drum again this week — this time from a conference in Los Angeles. The Goldman honcho said an in-person culture is critical for the New York-based bank, where more than 50 percent of employees are…
“# French central bank pilots blockchain-based CBDC for debt market ” The central bank of France continues actively exploring a central bank digital currency (CBDC), completing a significant trial of a blockchain-based CBDC in the country’s debt market. Over 500 institutions in France have participated in a 10-month experiment testing a CBDC issued by Banque…
“# Bank of Russia to assess Bitcoin holdings volumes as $36M leave banks ” The central bank of Russia is trying to evaluate the amount of Bitcoin (BTC) held by local investors amid a massive amount of money not returning to banks following the pandemic-fueled withdrawals. According to Elizaveta Danilova, head of the central bank’s…