# Economy minister says Brazil will have its own CBDC

# Economy minister says Brazil will have its own CBDC

“# Economy minister says Brazil will have its own CBDC ” Brazilian Economy Minister Paulo Guedes has said that Brazil will issue its own central bank digital currency, or CBDC. Guedes made the statement on Thursday during a ceremony celebrating the number of 100 millionth digital savings account opened at Caixa Econômica Federal: “Now that…

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#Jamie Dimon urges ‘faith’ and ‘patience’ amid election uncertainty

#Jamie Dimon urges ‘faith’ and ‘patience’ amid election uncertainty

“#Jamie Dimon urges ‘faith’ and ‘patience’ amid election uncertainty” JPMorgan Chase boss Jamie Dimon is urging ”faith,” “patience” and “fortitude” as Wall Street sorts through a tense presidential election that may not get resolved for days. “While strong opinions and tremendous passion characterized this US election, it is the responsibility of each of us to…

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#Jittery Wall Street banks brace for election-fueled uncertainty

#Jittery Wall Street banks brace for election-fueled uncertainty

“#Jittery Wall Street banks brace for election-fueled uncertainty” Large Wall Street banks have been running “war game” drills in their trading businesses and preparing clients for unexpected scenarios around next week’s elections, hoping to avoid liquidity crunches or technical errors as markets react to news of who will be running the White House and Congress,…

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# Russia’s Gazprombank gets green light for crypto custody in Switzerland

# Russia’s Gazprombank gets green light for crypto custody in Switzerland

“# Russia’s Gazprombank gets green light for crypto custody in Switzerland ” Major private-owned Russian bank Gazprombank has received regulatory approval to launch cryptocurrency custody services through its Swiss subsidiary. According to an official announcement on Oct. 29, the bank scored approval from the country’s financial regulator, the Swiss Financial Market Supervisory Authority, to offer…

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# Mongolia’s largest bank to offer crypto-related services

# Mongolia’s largest bank to offer crypto-related services

“# Mongolia’s largest bank to offer crypto-related services ” Mongolia’s largest bank will soon begin offering crypto services including custody, remittance, deposits, loans, and crypto-asset management. According to DDaily, blockchain company Hexland — founded by former Samsung developers — and white label tech company Delio havagreed to start working with the Ulaanbaatar-based Trade & Development…

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