Bank of Japan Holds Interest Rates Steady, Triggering Yen Decline and Boosting Bitcoin’s Appeal as an Alternative Asset
The Bank of Japan (BOJ) made a significant decision to maintain its interest rates at 0.25%, marking the third consecutive…
Category: Banking
Bank of England Asks Firms to Disclose Crypto Exposure for Policy Development
The Bank of England’s regulatory arm, the Prudential Regulation Authority (PRA), has taken a significant step towards understanding and potentially…
Mastercard’s MTN and JPMorgan’s Kinexys Unite: Revolutionizing Cross-Border B2B Payments with Blockchain Innovation
Mastercard and JPMorgan Chase have announced a strategic partnership to leverage blockchain technology and accelerate cross-border payments. By integrating Mastercard’s…
Visa Unveils Platform for Tokenized Digital Asset Management – A Bridge to Decentralized Finance?
isa, a global leader in financial transactions, has entered the digital asset space with the launch of its Visa Tokenized…
JPMorgan Bets on Another 50bps Rate Cut in November – Data-Driven Forecast
Financial giant JPMorgan Chase is sticking to its forecast for another significant rate cut by the Federal Reserve in November,…
SWIFT Announces Plans to Integrate Digital Assets into Global Payment Network
The Society for Worldwide Interbank Financial Telecommunication (SWIFT), a leading provider of global financial messaging services, has unveiled plans to…
BBVA Expands Crypto Offerings: USDC Joins Bitcoin and Ether for Swiss Clients
Spanish multinational bank BBVA has announced the addition of USD Coin (USDC) to its crypto offerings for private and institutional…
TD Bank Faces $2.6 Billion Penalty Over Alleged Drug Money Laundering
TD Bank, a major US financial institution, is facing a significant regulatory penalty over allegations of facilitating money laundering for…
The Future of Banking: Banks Face Multiple Risks When Using Permissionless Blockchains – BIS
Banks that transact on permissionless blockchains face a multitude of risks, including money laundering and terrorism financing, according to a…
Ripple’s Global Impact – Nium’s Partnership with J.P. Morgan: A Case Study in Cross-Border Payments
Nium, a leading fintech company specializing in cross-border payments, has achieved significant growth and expansion through its partnership with J.P.…