More: Banking
The Petroyuan is Born: Saudia Arabia Joins the mBridge CBDC Transfer System
The Central Bank Digital Currency (CBDC) revolution is beginning in earnest as Saudi Arabia becomes a full member of the mBridge project. Saudi Arabia...
Bakai Bank Partners with the American Chamber of Commerce
Are Global Ratings for Kyrgyzstan Rising?
Last week, the US imposed additional sanctions on Moscow. Some of these measures targeted foreign companies aiding Russia in...
U.S. Federal Reserve left interest rates unchanged at 5.25 – 5.5 percent
The Federal Reserve of the United States decided to maintain interest rates at a 22-year high of 5.25 percent to 5.5 percent, based on...
Funding the Future: How MDB Reform Paves the Way for SDG Progress
The international financial architecture is outdated and is failing humanity. From egregious borrowing costs for developing countries to underinvestment in global crises like climate...
Of legal tenders, identity and value
The constructivist ontology posits that reality is based upon norms and ideas we collectively agree to be real. Therefore things like currencies and legal...
Choosing the CBDC Path: Between mBridge and SWIFT, Which Holds More Promise for Developing Countries?
The rapid digital transformation has led to the emergence of innovative initiatives like mBridge and the SWIFT CBDC project, both aiming to revolutionize cross-border...
CBDC and Cybersecurity Challenges: Navigating the New Digital Financial Landscape
Authors: Tuhu Nugraha and Dr. Pinki Rani*
In an increasingly digital financial era, the concept of Central Bank Digital Currency (CBDC) promises several advantages, including...
UAE banks limit business with Russia and Russian clients
Banks in the United Arab Emirates (UAE) have restricted their dealings with Russia and started closing both personal and business accounts due to the...
Myanmar’s Banking Odyssey: A Decade of Triumphs, Trials, and Transformations
Myanmar's banking system has changed a lot over the last 10 years. It got mixed influences from history, it grew in different ways and...
The Impact of Blockchain on the Creative Economy: Insights from the Future Blockchain Summit 2023
Authors: Tuhu Nugraha and Adrian Zakhary*
Undeniably, blockchain technology plays a pivotal role across various industry sectors, notably in the creative economy. Its ability to...