IMF: The CBDCs could pose risks if not appropriately designed
London, November 21 (HNA) – Central bank digital currencies (CBDC) can improve payment systems as well as financial inclusion—if they are appropriately designed, stated the International Monetary Fund (IMF), warning…
Tether freezes 225M in stolen USDT linked to international crime
London, November 20 (HNA) – Tether, one of the leading companies in the cryptocurrency ecosystem, and global crypto exchange and Web3 technology company OKX, announced on Monday that they have…
ECB: Coordinated central bank action to enhance the provision of US dollar liquidity
Ersin Arslan / Stockholm, March 20 (HNA) – European Central Bank (ECB) and other major central banks to offer 7-day US dollar operations on a daily basis, with new frequency…
The US Federal agencies warned banks on the risks of crypto-asset sector
Deniz Kılınç / Washington, January 4 (HNA) – The US federal bank regulatory agencies on Tuesday issued a statement highlighting key risks for banking organizations associated with crypto-assets and the…
Scala Publishing Editor and authors to attend the Turkish Capital Markets Congress
Istanbul, November 27 (HNA) – Scala Publishing’s Editor and writers will attend the 6th Turkish Capital Markets Congress, to be held this year with the theme of “Beyond Finance: Investing…
SWIFT innovation paves way for global use of CBDCs and tokenised assets
Deniz Kılınç / Istanbul, October 26 (HNA) – Society for Worldwide Interbank Financial Telecommunication (SWIFT) has successfully shown that Central Bank Digital Currencies (CBDCs) and tokenised assets can move seamlessly…
Dubai/Centurion&Co acquires 60 percent of ABStocks: ABC Exchange
Bodrum, October 10 (HNA) – Centurion&Co, owned by Ali Kassab from Dubai’s El Maktum Family, acquired 60 percent of ABStocks, the cryptocurrency exchange founded by AB Group Holding Chairman Muhsin…
IMF urges El Salvador to remove Bitcoin as legal tender
Deniz Kılınç / London, January 30 (HNA) – The International Monetary Fund (IMF) has urged El Salvador to remove Bitcoin’s legal status, warning it could impact the nation’s ability to…
James Rickards: The only rival to the U.S. dollar might be a World CBDC
Deniz Kılınç / Istanbul (HNA) – The major global economies have been engaged in a currency war since 2010 and now a new phase of “money wars” has begun involving…
Survey – Most institutional investors have concerns about cryptocurrency
London, August 5 (HNA) – The majority of the institutional investors are of the view that the prominent reason to abstain a lot of people from entering the crypto market…