More: Banking
Understanding the Debate about Cryptocurrencies in Central Asia
In February 2020, the World Bank Group released a report entitled “FinTech in Europe and Central Asia: Maximizing Benefits and Managing Risks” highlighting the...
Nigeria becomes the first country in Africa to roll out Digital Currency
The Central Bank of Nigeria joined a growing list of emerging markets betting on digital money to cut transaction costs and boost participation in...
Regulatory Noose Tightens Around the Federal Reserve: Powell Reaffirmed a Second Term
The Federal Reserve has been under a sharp gaze since the twilight years of former president Donald J. Trump. Whether it was tinkering with...
Credit Suisse to pay $475 million to U.S. and U.K. authorities
Credit Suisse Group AG has agreed to pay nearly $475 million to U.S. and U.K authorities, including nearly $100 million to the Securities and...
Early signs of collective progress as banks work to implement the Principles for Responsible Banking
A new report summarising the progress made by banks who have signed the Principles for Responsible Banking finds that signatories are showing early signs...
Tainting IMF’s Georgieva: U.S. Campaign to Tighten the Grip on Bretton Woods Institutions
In an unprecedented development, the then-Chief Executive of World Bank, and now International Monetary Fund (IMF) Managing Director Kristalina Georgieva was accused on September...
Cryptocurrency Lending vs. Bank Lending
Cryptocurrencies have entered the mainstream, and they are redefining financial transactions. Today, these coins are lent and borrowed. This industry is making waves, partly...
Digital Solutions in the Banking System
Nowadays, new technologies are rebuilding the financial services industry by actively displacing traditional players and traditional business models. The integration of new financial solutions...
Global Revolution in the Crypto World: Road to Legalization
The raging popularity of virtual currencies is hardly unheard of in today’s day and age. If not by the damning crackdown in China, price...
Exploring the conundrums of Bitcoin and its legality within the Indian Legal system
The global economy is inexorably transforming into digital environment. From investment, all is going paper based, to transfer of money. Cryptocurrency is the current...