omgfin

Australia’s prudential regulator has purportedly told banks to improve reporting on crypto assets and provide daily updates. Australia’s prudential...

The current deposit insurance cap under the FDIC is $250,000, but recent banking collapses have seen calls to increase that amount.  U.S. officials...

When integrated into the economy, a central bank digital currency or stablecoin would compete with bank deposits to the public benefit, at least until a fin...

The acute cash shortage in Nigeria was due to the central bank’s decision to replace older bank notes with bigger denominations amid rising inflation. ...

The Central Bank of Venezuela is lagging when it comes to delivering economic data this year, failing to publish the inflation numbers for the last four mon...

U.S. Senator Ted Cruz has introduced “legislation to prohibit the Federal Reserve from developing a direct-to-consumer” central bank digital currency (CBDC)...

The CBDC strategy was first unveiled in February as part of the central bank’s program to position the UAE as a global financial hub.  The Central ...

CBDCs are here to stay, it seems, and Moody’s is looking at their implications for the global economy and international banking.  Emerging central ...

Many investors have rotated their portfolio investments due to the banking crisis in the past two weeks, injecting billions of dollars into money market fun...

According to Venezuela’s attorney general office, government officials were running parallel oil operations with the assistance of the national crypto depar...