Technology

In a significant development, Top US banking regulators have gone on to issue a joint statement on warning banks of liquidity risks that are posed by crypto-asset-related entities. The Office of the Comptroller of the Currency- OCC, The Federal...

In April 2023, the Bank of Japan intends to start a pilot project for central bank digital currency- CBDT post a successful proof of concept- PoC. Uchida Shinichi, executive director of central bank in Japan made this announcement at...

The Central Bank of the United Arab Emirates (CBUAE) has initiated the Financial Infrastructure Transformation (FIT) program to push the digital transformation across the country's financial services sector. The CBUAE opined that the FIT project consists of nine important efforts...

As per what officials said on February 6, Britain is planning to push for a possible digital pound, which may come into use in the second half of the decade, and thereby help in the prevention of fragmentation of...

The finance ministry of Britain plans for sturdy regulations for crypto assets after the collapse of the crypto exchange giant FTX in 2022, because of which millions had to undergo severe losses. It is well to be noted that crypto...

According to Fabia Panetta, the ECB Board member, when it comes to the use of the digital version of the euro currency, it is going to be free to use and shall be available to all, however, the bank...

The fintech sector accounted for more than 25% of all venture capital rounds over the past few years, with South Africa joining other regional giants like Egypt, Nigeria, and Kenya in this regard. Seven of Africa's nine famous digital unicorns...