The New York State Department of Financial Services has set out strict reserve requirements for firms looking to issue USD-backed stablecoins in the ...

International Monetary Fund (IMF) took a broad step in recommending creating a payment system with eco-friendly practices. It undertook a study on energy ...

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 ...

US Senator and Democratic chair of the Senate Banking Committee this week requested that the Financial Stability Oversight Council (FSOC) examine financial institutions’ ...

Goldman Sachs Group Inc. is facing a US investigation into its funds offering investments using environmental, social and governance criteria. The probe by the ...

The Bank of England looks set to raise interest rates next week for the fifth time since December, its steepest run of rate ...

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 ...

The Bank for International Settlements has appointed Riksbank’s Cecilia Skingsley as head of the BIS Innovation Hub. Skingsley, currently first deputy governor of ...

The Chancellor has today (9 June) appointed Marjorie Ngwenya as an external member of the Prudential Regulation Committee (PRC). Marjorie Ngwenya has been ...

Sheila Al-Rowaily, who worked as a financier with Saudi Aramco, has become the first woman to join the board of directors of Saudi Central ...