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banks

D Central Launches Innovative03

JP Morgan partners with six Indian banks for blockchain-based interbank dollar settlements

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied JP Morgan Chase & Co. has partnered with six Indian banks to launch a blockchain-powered platform for settling interbank dollar transactions in India’s emerging international financial center.  The pilot program commenced June 5 and is expected to run for several months, […]
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FDIC chair takes responsibility for Signature Bank’s collapse, also cites crypto

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied A report from the FDIC has revealed that poor management was the primary cause of Signature Bank’s failure, uncovering the key factor responsible for the bank’s downfall. In response, the chair has assumed responsibility for the identified shortcomings, acknowledging accountability for […]
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BitClout 2.005

Central banks fear CBDC risks, can’t keep up with fintech regulation

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Fintech Benchmarks 2023 brought into sharp focus the escalating conflict between emerging digital currencies and the traditional institutions that control monetary issuance. A significant proportion of central banks – approximately 73% – identified that their primary hurdle is staying abreast with […]
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