Global
Global: Jamaica becomes the first country to legalize CBDC
Following the approval of the senate, the Jamaican government has announced a nationwide digital currency. In a bid to provide alternatives to cash, ...
Global
Global: SEC Investigating Goldman Sachs over ESG Funds
The U.S. Securities and Exchange Commission (SEC) is investigating Goldman Sachs’ asset management division over certain of its ESG-themed investment funds, according to ...
Global
Global: Western Union Partners With Mambu for European Digital Banking
Cloud banking platform Mambu and global money transfer giant Western Union are collaborating to deliver digital banking products to Europe. Western Union’s digital ...
Global
Global: New York regulator sets stablecoin rules
The New York State Department of Financial Services has set out strict reserve requirements for firms looking to issue USD-backed stablecoins in the ...
Global
Global: IMF Suggests CBDCs To Include Compliance And User-Friendly Payment Features
International Monetary Fund (IMF) took a broad step in recommending creating a payment system with eco-friendly practices. It undertook a study on energy ...
Global
Global: Russian central bank slashes interest rates to pre-war level
Russia’s central bank lowered interest rates back to their pre-war levels Friday and said it will continue to explore the scope for more ...
Global
Global: US Senator requests FSOC review into risks of consumer data use
US Senator and Democratic chair of the Senate Banking Committee this week requested that the Financial Stability Oversight Council (FSOC) examine financial institutions’ ...
Global
Global: Goldman Sachs Facing SEC Probe of ESG Funds in Asset Management
Goldman Sachs Group Inc. is facing a US investigation into its funds offering investments using environmental, social and governance criteria. The probe by the ...
Global
Global: Bank of England set to raise rates again as inflation heads for 10%
The Bank of England looks set to raise interest rates next week for the fifth time since December, its steepest run of rate ...
Global
Global: Cake DeFi Secures License to Operate as a Regulated Platform in Europe
Cake DeFi, the fastest-growing Singapore-based Decentralized Finance (DeFi) platform, is delighted to announce that it has received a cryptocurrency license from the Registrar ...