Banking News
Bitcoin Trader Faces Off With Aussie Banks Over ‘Crypto Discrimination’
Allan Flynn, a trader and owner of local exchange BitcoinCanberra, is claiming A$250,000 from two of Australia’s biggest banks after t...
RBA Looking to Hire CBDC Experts to Contribute Towards ‘Future of Money in Australia’
It’s official, according to a recent Linkedin job listing – the Reserve Bank of Australia (RBA) is currently hiring for its R...
El Salvador to Exempt Foreign Investors from Tax on Bitcoin Profits
The government of El Salvador announced on September 13 that the country will exempt foreign investors from taxes on their bitcoin (BTC) pro...
Aussie Crypto Businesses Are Being Debanked On Short Notice
At hearings before the Australian Senate Committee on September 8, several domestic crypto-related businesses shared their experience of fin...
ANZ Bank Shortlisted for Singapore’s Retail CBDC Project
One of Australia’s ‘Big Four’ banks, ANZ is one of 15 finalists in a global competition to develop a Central Bank Digital Currency (CB...
Nigerian Central Bank Reveals ‘Speed Wallet’ Ahead of October e-Naira Launch
The Central Bank of Nigeria (CBN) is set to release its official digital “Speed Wallet” to facilitate next month’s launch ...
Anti-Bitcoin Protests Fill the Streets of El Salvador Amid BTC Legal Tender Launch
The political situation in El Salvador is heating up as hundreds of Salvadoreans protest the passing of the Bitcoin Law, which will make BTC...
Tezos Soars 29% in a Day Amid Adoption by Swiss Banking Giants
The value of open-source blockchain platform Tezos surged 29 percent in 24 hours after it was chosen by a Swiss banking consortium to develo...
ATMs Run Out of Money in Afghanistan as Taliban Occupies Major Cities
Afghanistan is under siege by the Taliban and with the president fleeing the capital, the state has fallen to the self-proclaimed Islam...
Jamaica Mints Nation’s First CBDCs with $230 Million JMD Pilot
Jamaica has become one of the few nations to release a central bank digital currency (CBDC) this year. On August 10, the Bank of Jamaica (BO...
Nigeria to Launch Digital Currency “e-naira” in October
The central bank of Nigeria has confirmed it will test the “e-naira”, a Central Bank Digital Currency (CBDC), as early as Octobe...
Goldman Sachs Plots a Move into ‘DeFi’ with its ETF, Critics Speak Out
Following a July 26 filing with the Securities and Exchange Commission (SEC), Wall Street investment bank Goldman Sachs has taken its tentat...