Global
Global: Colombian central bank partners Ripple for blockchain pilot
Colombia’s central bank is testing how Ripple’s new end-to-end CBDC platform could help boost the country’s high-value payment system. Banco de la República, ...
Global
Global: Saudi Arabia welcomes open banking
Bank Abilad has become the first financial institution in Saudi Arabia to offer open banking services The bank has completed the necessary technical ...
Global
Global: BIS and Bank of England complete CBDC project
A pilot project involving central bank digital currencies (CBDCs) jointly run by the Bank of England (BoE) and the Bank of International Settlements ...
Global
Global: Hong Kong eyes stablecoin regulatory regime by 2024
While the Western world debates how to regulate stablecoins, Hong Kong is forging ahead with a regulatory framework for cryptocurrencies pegged to traditional financial assets. ...
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Global: Bank of China’s BOCI issues first tokenised notes
The Bank of China’s investment banking arm, BOCI, has issued a tokenised security on the main Ethereum blockchain in Hong Kong. BOCI issued ...
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Global: Thailand launches retail CBDC pilot with 2 banks and Singapore payment service
The Bank of Thailand will launch a retail central bank digital currency (CBDC) pilot project in a regulatory sandbox this month. Three payment ...
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Global: Hong Kong legislator invites Coinbase to the region despite SEC scrutiny
Touting its progressive stance on cryptocurrencies, a Hong Kong legislator has invited Coinbase and other crypto exchanges to establish operations in the region. ...
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Global: Swiss regulator FINMA welcomes UBS’s strategic focus
Swiss financial regulator FINMA has specified the central elements of its regulatory requirements for the merged UBS and Credit Suisse, it said on ...
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Global: HSBC rebrands, expands its SVB UK buy as HSBC Innovation Banking
Acquired by HSBC in an emergency sale for just £1 in March as SVB was melting down, SVB UK is now getting a ...
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Global: OpenAI CEO says ‘optimistic’ on global AI coordination
The CEO of ChatGPT maker OpenAI on Monday (June 12, 2023) said a tour of capital cities had left him “quite optimistic” about ...