Banks News

A bank is a financial organization that generates revenue by charging interest on lent capital, transaction fees and giving financial advice. The banking sphere is subject to strict governmental regulations, as it is one of the most significant agents in the financial system. Commercial banks are involved in a wide variety of activities, from personal banking and consumer finance to foreign exchange and money market trading. The World Bank is an organization with the aim of reducing poverty and helping underdeveloped countries with economic development. The World Bank Group includes five organizations, with one of them being International Bank for Reconstruction and Development (IBRD), which is often confusingly referred to as the World Bank. Modern times have reduced the barriers of global competition of banks all over the world and has made the banking sphere more and more globalized.

News
Hawaii senators have introduced a bill authorizing banks to offer custody services to digital asset classes.
Hawaii Introduces Bill Authorizing Banks to Offer Crypto Custody
Jack Martin
2020-01-24T13:30:00+00:00
2228
News
The Supreme Court of India has this listened to further hearings in the landmark case against the central bank’s ban on banks’ dealings with crypto-related busi...
Week Two of RBI Vs. Crypto at the Supreme Court of India
Marie Huillet
2020-01-24T11:34:00+00:00
2946
News
The Bank of International Settlements’s new survey revealed that only 10% of central banks are likely to issue a CBDC for the general public in the short term.
BIS: No Evidence of Mass Transition From CBDC Research to Pilots and Experiments
Ana Alexandre
2020-01-23T16:55:00+00:00
1534
News
The World Economic Forum has released a toolkit for policymakers regarding the creation of central bank digital currencies.
World Economic Forum Debuts Framework for Central Bank Digital Currency
Adrian Zmudzinski
2020-01-23T11:22:00+00:00
3294
Opinion
There is a lot of work ahead on all levels — from regulators and users to businesses and customers — but the process has been initiated: Stablecoins is our inev...
The Unstoppable Trajectory: Stablecoins Are Evolving Traditional Finances
Dan Schatt
2020-01-23T02:00:00+00:00
2653
News
Hong Kong and Thailand’s central banks have stepped closer to implementing a joint central bank digital currency project for cross-border payments.
Hong Kong and Thailand Pilot DLT-Based Project for Cross-Border Payments
Helen Partz
2020-01-22T13:39:00+00:00
2812
News
Major crypto exchange OKEx is at the 50th WEF Annual Meeting in Davos this week, promoting blockchain and cryptocurrencies as a new motor for the global financi...
OKEx at Davos: Blockchain Best Placed to Meet the Needs of the Unbanked
Marie Huillet
2020-01-22T10:32:00+00:00
1568
News
Six major central banks and the Bank for International Settlements jointly created a digital currency research group.
Six Major Central Banks to Collaborate on Digital Currency Research
Adrian Zmudzinski
2020-01-21T14:14:00+00:00
9639

Follow us on Facebook