Cryptocurrency Buying Trend On The Decline In Latvia, Central Bank Says
Latvijas Banka highlighted the decline in interest and use of cryptocurrency among Latvians in its “Financial Stability Report” for 2023.…
CBDC: Honduras Central Bank Initiates Pilot Studies Toward Digital Currency Launch
The Central Bank of Honduras (BCH) has taken a significant step toward the potential launch of its own central bank…
TUC urges Bank of England to halt ‘reckless’ interest rate increases
The TUC has urged the Bank of England to call a halt to interest rate increases after warning that widespread…
Shawbrook plots £3.5bn merger with Co-operative Bank
One of Britain's biggest lenders to small businesses is hatching plans for a £3.5bn tie-up with the Co-operative Bank.Sky News…
Crypto-Friendly Bank Revolut Shuts Down Services In The US
Global neobank and financial services company, Revolut shocks the US crypto community with news of its decision to discontinue and…
Bank of England increases interest rate for 14th time in a row to 5.25%
The Bank of England has raised interest rates for the 14th successive time, lifting its official rate to 5.25%. The…
Digital Bank Revolut Suspends U.S. Crypto Operations Citing ‘Regulatory Environment’
The platform said it took the "difficult decision" with its U.S. banking partner because of an "evolving regulatory environment" in…
Bank of Russia reveals digital ruble’s logo and commission fees
Russia’s central bank digital currency (CBDC) project developed by the Bank of Russia (BoR) has revealed its official logo. The…
Reaching Estimates Singaporean Bank OCBC shines in Q2 with 32% Profit Rise – Insights Success
Oversea-Chinese Banking Corp. (OCBC), Singapore’s second-largest lender, reported a 24% increase in second-quarter net profit on Friday, August 4, which…
China’s Central Bank Pledges to Flexibly Use RRR Cuts, Other Policy Tools
The People’s Bank of China will need to flexibly use monetary policy tools including reserve-requirement-ratio cuts, open market operations and…
