Banks should embrace crypto as a way to mitigate risk and prevent losses that consumers at the hands of rogue crypto exchanges according to cointelegraph.FTX — the three letters...
Hong Kong-based cryptocurrency retail service provider Genesis Block has reportedly ceased trading, asked its customers to withdraw their funds and told them it would close its over-the-counter (OTC) trading...
Turkey has joined the many jurisdictions around the world that are investigating crypto exchange FTX after its collapse. The country’s Financial Crimes Investigation Agency is investigating the local arm...
The Central Bank of Nigeria is targeting a stronger digital economy to support the growth of the financial systems according to Punch. This is even as the digital currency,...
The Monetary Authority of Singapore and DBS Bank are running a trial of tokenized Singapore dollars that can be programmed for specific uses and allow merchants to be paid...
A four-country test of a cross-border payments system using central bank digital currencies was a success, the Bank for International Settlements (BIS) declared last week, finding that creating international...
South Africa’s financial watchdog has classified cryptocurrency assets as financial products, a notice in the government gazette said on Wednesday, enabling them to be regulated according to Reuters. In...
The kingdom of Eswatini is considering the introduction of a central bank digital currency (CBDC), joining the growing list of African countries exploring the viability of an e-currency. The...
Mastercard is expanding its partnership with cryptocurrency trading platform Paxos by launching Crypto Source, a new program to help financial institutions (FIs) up their game when it comes to...
China’s central bank digital currency (CBDC) reached the milestone of 100 billion yuan (US$13.9 billion) worth of transactions amid a slowdown in uptake, South China Morning Post (SCMP) reported...