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financial stability

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Jul 05 2023

Saxo Bank Ordered to Liquidate Its Portfolio of Crypto Assets by Danish Financial Regulator

crypto exchange-traded products crypto services Cryptocurrency Assets Danish Financial Supervisory Authority Denmark Digital Currencies Financial Business Act financial markets financial regulator financial stability financial system investment bank liquidation Online Trading Regulation Saxo Saxo Bank Saxo crypto unregulated trading
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According to a July 4, 2023 press release from the Danish Financial… More…

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Jun 25 2023

Study Shows Bank of England’s Rising Interest Rates Threaten 1.2 Million UK Households With Insolvency

Bank of England Benchmark Bank Rate debtors economic impact Economics financial stability fixed rate Households inflation Insolvency Interest Rates mortgage payments National Institute of Economic and Social Research NIESR North-East Savings UK economy UK Finance united kingdom variable interest rates Wales
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The Bank of England made an impactful move last Thursday, June 22, … More…

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Jun 23 2023

Tanzanian Central Bank Says Quoting Prices in Foreign Currency Against the Law

Africa Bank of Tanzania (BOT) Bureau De Change financial stability foreign currency legal tender Tanzania shillings Tanzanian
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The Bank of Tanzania (BOT) has reiterated that shillings remain the… More…

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Jun 02 2023

Tanzanian Central Bank Says Forex Restrictions Intended to ‘Safeguard the Stability of the Financial System’

Bank of Tanzania Emmanuel M. Tutuba financial stability Foreign exchange foreign exchange act KYC Regulation
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The Tanzanian central bank said on May 31 that foreign currency dealers… More… The post Tanzanian Central Bank ...

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May 30 2023

South Africa’s Perceived Pro-Russia Stance May Result in Secondary Sanctions Which Threaten Financial Stability — Central Bank

Africa Central Bank Financial Action Task Force (FATF) financial stability Janet Yellen Reuben Brigety South Africa rand South African Reserve Bank (SARB) Ukraine Russia conflict us treasury secretary
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The South African central bank has said the that perception that the… More… The post South Africa’s Perceived ...

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May 25 2023

Crypto Conglomerates, DeFi Targets of EU Financial Stability Watchdog Concerns

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Risks from smart contracts, high leverage and crypto staking and… More… The post Crypto Conglomerates, DeFi Targets of ...

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May 12 2023

Governor Ron DeSantis Signs Bill Prohibiting Use of Central Bank Digital Currencies in Florida

anti-CBDC legislation CBDC Central Bank Digital Currencies Central Bank Digital Currency Democratic Digital Currency Elizabeth Warren financial stability Florida Governor DeSantis News Republican Ted Cruz tom emmer White House
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On Friday Florida’s governor Ron DeSantis signed legislation that… More… The post Governor Ron DeSantis Signs Bill Prohibiting ...

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May 05 2023

Nigeria Passes ‘National Blockchain Policy,’ Industry Player Says Central Bank Unlikely to Lift Crypto Ban

Africa Blockchain Central Bank of Nigeria (CBN) Digital Currency financial stability Lucky Uwakwe National Information Technology Development Agency (NITDA
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The Nigerian Federal government said on May 3 it had passed what it … More… The post Nigeria ...

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Apr 22 2023

Report: Korean Central Bank to Gain Right to Probe Virtual Asset Entities After Financial Regulator Drops Opposition

bank of korea Digital Assets Financial Services Commission financial stability Regulation virtual assets
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The South Korean central bank is set to be granted the right to investigate… More…

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Apr 18 2023

ECB President Lagarde Warns of ‘Major Disaster’ If US Defaults on Debt Obligations

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There is a lot of discussion lately about the U.S. government’s… More…

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