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Tag: Banking

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BIS advises central banks to plan in advance for CBDC security
From legal issues to hackers, launching a CBDC is fraught with risks, and BIS has a big list of them to consider. Read full article
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ECB’s Andrea Enria Cautions: Crypto Firms Risk Banking Regulations if Mimicking Bank Services
Andrea Enria, Chair of the Supervisory Board of the European Central Bank (ECB), during a recent interview, shared his perspectives on the evolving dynamics in the financial technology sector, particularly focusing on FinTech firms, the digital euro, and cryptocurrencies. The… Read full article
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Redefining Banking for the Digital Age: The Blockchain Revolution
In the quiet chambers of our grandparents’ homes, tales are told of a time when banking required long queues, bulky ledgers, and…Continue reading on Medium » Read full article
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Central Banks Have No Interest in Personal Data, BIS Official Says While Promoting CBDCs
The Bank for International Settlements has been calling on countries to prepare for CBDCs as governments face backlash over privacy concerns. Read full article
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More foreign banks join China's CBDC pilot trials
A total of four foreign banks have integrated China's e-CNY CBDC thus far. Read full article
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European Banking Authority Launches New Consultation on Crypto Travel Rule
The European Banking Authority (EBA) has recently launched a new consultation process concerning implementing the so-called travel rule for cryptocurrency transactions. The institution is seeking feedback on the defined procedures that crypto assets service providers (CASPs) must complete to collect… Read full article
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