Global
Global: Metaverse could be worth $5 trillion by 2030: McKinsey report
Global spending in the Metaverse could reach $5 trillion by 2030, according to a new report from international consulting firm McKinsey & Company. ...
Global
Global: Fed Hikes Rates 75 Basis Points, Upgrades Outlook
The Federal Open Market Committee raised interest rates by 75 basis points, and suggested that rates will rise faster than previously expected. The ...
Global
Global: RBI lifts restrictions on Mastercard; allows it to onboard new customers in India
The Reserve Bank of India (RBI) on Thursday lifted restrictions on Mastercard Asia and allowed it to add new customers to its network. In an ...
Global
Highlights from iFX EXPO International, Cyprus – The Fintech World Came Together for Networking and New Business Opportunities
The much awaited iFX EXPO International 2022, held at the Palais des Sports, Spyros Kyprianou Athletic Center in Limassol, Cyprus drew to a ...
Global
Global: Russian bank Sber to complete its first digital currency deal
Russian banking giant Sber — formerly known as Sberbank — is preparing to complete its first digital currency deal involving the bank’s proprietary ...
Global
Global: Bill to ban digital assets as payment passed the first reading in the Russian parliament
The document bears several conceptual contradictions, trying to qualify security tokens as a monetary surrogate. A bill that had been introduced a week ...
Global
Global: Iowa regulator orders BlockFi to pay $943K over alleged unregistered securities offering
The IID ordered BlockFi to pay an administrative fine as well as cease and desist “from making any untrue statement of material facts ...
Global
Global: EU removes three more Russian banks from SWIFT
As BBC News Russian posted on Telegram, the EU sanctions were agreed on in late May after lengthy and intense consultations between European leaders. ...
Global
Global: FCA proposes tougher standards over branch closures
The Financial Conduct Authority is planning tougher curbs on bank branch closures, warning that some banks and building societies are not currently doing ...
Global
Launch Africa Ventures closes first fund at $36.3m, makes 100th investment
Early-stage VC firm Launch Africa Ventures has made its 100th investment, making it probably the most active investor in African tech startups, and ...
