Banking news articles
American Express Ventures into NFTs and the Metaverse
American Express has followed the lead of payments peers Visa and Mastercard in exploring Web3 applications and planting its digital footpri...
Mastercard to Offer Crypto and NFT Consulting Services, May Help Develop CBDCs
Mastercard has announced plans to cater to open banking, ESGs, open data, and crypto and digital currencies, by expanding its payments-focus...
Zambia Exploring CBDCs but Remains Anti-Crypto
The Zambian central bank has revealed that it is in the process of researching central bank digital currencies (CBDCs), and plans to impleme...
South Korea Becomes 14th Nation to Successfully Complete Phase 1 CBDC Trial
The first phase of South Korea’s CBDC (Central Bank Digital Currency) trial has been successfully completed, as per an announcement from t...
Visa Partners with ConsenSys to Pilot CBDC
American multinational payments giant Visa has partnered with ConsenSys, a blockchain software tech company, to build the proper infrastruct...
US Lawmaker Introduces Bill Prohibiting ‘Surveillance Tool’ Retail CBDC
A US lawmaker is seeking to stop the Federal Reserve from issuing a CBDC (Central Bank Digital Currency) directly to its consumers due to co...
Bank of Jamaica Successfully Completes CBDC Trial, Rollout Scheduled for Q1 2022
The Bank of Jamaica (BOJ) has recently completed its Central Bank Digital Currency (CBDC) pilot with eCurrency Mint. The project will be rol...
FBI Seizes $154 Million in Bitcoin Stolen from Sony by Rogue Employee
US law enforcement has taken legal action to seize and return over US$154 million embezzled from Sony Life Insurance Company Ltd by an emplo...
Billionaire Hedge Fund Manager: Bitcoin Has Merit as ‘Younger Generation’s Gold’
Ray Dalio runs the largest hedge fund on Earth, with US$105 billion under management. After previously dismissing it, earlier this year he d...
Russia Central Bank Moves to Ban Investment in Crypto
According to a report by Reuters, the Central Bank of the Russian Federation (CBR) is looking to ban crypto investments. In a directive issu...
Bank of England Says BTC ‘May Be Worthless’, But Pound Down 98% Against BTC in 5 Years
The Bank of England (BOE) is well-known for its hawkish stance towards Bitcoin, so it should come as no surprise that its deputy governor, S...
Survey Finds Most Australians Still Have No Idea About Crypto or NFTs
Contrary to findings published last week by the Independent Reserve Cryptocurrency Index (IRCI), a new Saxo Markets survey reveals only one ...