The central banks of Israel, Norway, and Sweden have collaborated to develop a cross-border payment platform project that explores the potential of central bank digital currencies (CBDCs) for international retail and remittance payments. The Bank for International Settlements (BIS) has also joined the project to explore the potential of CBDCs for international payments. The Bank […]
Category Archives: Foreign Exchange
Democrats’ pressure on SEC Chair Gary Gensler to push ahead with a landmark climate risk disclosure rule: Pressure on SEC Chair Gary Gensler Dozens of Democratic lawmakers are putting pressure on SEC Chair Gary Gensler to push ahead with a landmark climate risk disclosure rule facing fierce opposition from Wall Street to Washington. More than […]
The Commodity Futures Trading Commission (CFTC) has expanded its RED List with a new roster of crypto and forex firms the agency has identified as unregistered foreign entities. The CFTC announced the 34 new additions on July 14, warning US users and financial service providers against accessing their services. Several of the entities announced share […]