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Tag: commercial banks

Real – and perceived – barriers to private finance. Organizations launch Guide for Adaptation and Resilience Finance.

Today is Thursday, April 18, 2024.The Guide for Adaptation and Resilience Finance is a recently published set of recommendations for expanding private sector finance...

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Swiss central bank believes retail CBDCs could destabilize financial system

Swiss National Bank (SNB) Chairman Thomas Jordan said the central bank “sees no need” to issue a central bank digital currency (CBDC) for public...

SWIFT Launching CBDC Solution Within 2 Years (to Compete with BRICS)

CBDC | March 28, 2024 Image: Connecting Digital Islands: Swift CBDC Sandbox Phase 2 ResultsSWIFT's CBDC Solution to Transform Cross-Border TransactionsIn a recent release,...

Swift hails results of CBDC connector testing

Swift says a new round of sandbox testing...

The Role of Public Support in Accelerating Cleantech Innovation | Cleantech Group

There is often debate as to the role government should play in supporting emerging businesses. Should public bodies intervene to back innovative companies, or...

China sets 1 and 5 year LPR rates unchanged, as expected | Forexlive

1-year Loan Prime Rate 3.45%expected and prior of 3.45%5-year Loan Prime Rate 3.95%expected and prior 3.95%the 5-year was cut in February: PBoC’s largest 5...

Craig Wright’s “Satoshi Nakamoto” Claim Debunked in UK Court Ruling

In a collective effort, the regulatory authorities in Kuwait, represented by the Central Bank of Kuwait, the Capital Markets Authority, the Ministry of Commerce...

HKMA to pilot CBDC sandbox for tokenised deposits

The Hong Kong Monetary Authority (HKMA) has kicked...

Emirates Development Bank underline its role in UAE’s economic evolution – My Startup World – Everything About the World of Startups!

Emirates Development Bank has highlighted its pivotal role in financing the UAE’s economic evolution through strategic initiatives that drive innovation, entrepreneurship, and sustainable growth...

Proposed U.S. Senate Bill Aims to Restrict Federal Reserve’s Involvement in CBDC Issuance

Title: Proposed U.S. Senate Bill Aims to Restrict Federal Reserve's Involvement in CBDC Issuance Introduction As the world of digital currencies continues to evolve, central bank...

For Hong Kong, stablecoins go beyond payments

Hong Kong is not the first jurisdiction to come up with a regulatory regime for stablecoins. But its response may become the most significant. That...

Banks “barking up the wrong tree” over CBDC deposit flight says ECB

The European Central Bank says banks are "barking...

PBOC leaves MLF rate unchanged at 2.5%, as expected | Forexlive

China's central bank, the People's Bank of China, left its Medium-term Lending Facility (MLF) rate unchanged at 2.5% on Sunday. Surveys had shown around...

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