Tag: banks
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China’s central bank will allow commercial banks to pay interests on digital yuan holdings in a new framework taking effect on Jan. 1, 2026. https://www.theblock.co/post/383824/china-interest-digital-yuan more ›
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Brazilian prosecutors have launched a civil investigation into one of the country’s largest banks’ historical links to slavery, in an unprecedented move to hold Brazilian institutions to account for their… more ›
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Sub-Saharan Africa is the most developed market for mobile money, accounting for two-thirds of global mobile money transactions in 2020. There is a huge opportunity to leverage this growing popularity to… more ›
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“Banks must be trusted to hold our money and transfer it electronically, but they lend it out in waves of credit bubbles with barely a fraction in reserve.” – Satoshi… more ›
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Resume Subscription https://www.wsj.com/articles/crypto-fans-borrow-to-buy-homes-carsand-more-crypto-11631266200 more ›
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For all the ways that this particular moment in the history of markets feels strangely futuristic — computer dollars buying cyberart on the digital marketplace! — the basic dynamic at… more ›
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This is the Virtual Economy. An agglomeration of sophisticated platforms, fledgling and often dubious marketplaces, skilled nixers, volatile assets, and ambitious pioneers that exist or operate uniquely in virtual environments.… more ›
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For the first time, digital transactions represent the majority (57%) of mobile money transaction values. A larger proportion of money is entering and leaving the system in digital form, rather… more ›
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Scrolling through Instagram today, you’ll find countless photos of glamorous bloggers posing with colourful bank cards, discussing “financial wellness” and “savvier spending” between sips of their cappuccinos. That’s because it’s… more ›