Reading Time: < 1 minute French public investment bank BPI has recently granted a €1 million loan to DeFi lending platform Atlendis.
Reading Time: < 1 minute The Standard Bank branch in South Africa has not yet made a decision to invest in digital currencies or cooperate with crypto companies.
Reading Time: < 1 minute DBS Bank, the largest Singaporean bank, has enabled customers to receive payments in the Chinese Central Bank Digital Currency (CBDC) or digital yuan (e-CNY).
Reading Time: < 1 minute The European Commission has recently proposed a clause to be incorporated into the newly approved MiCA (EU Crypto Regulation) legislature, requiring the banking sector to make information public concerning reserves held in digital currencies.
Reading Time: < 1 minute The BIS Innovation Hub, working in collaboration with the central banks of France, Switzerland, and Singapore, have initiated Project Mariana with the aim of testing the Curve v2 hybrid automatic market maker function for wholesale CBDC pool operations.
Reading Time: < 1 minute Federal Reserve Governor Michelle Bowman suggested on Friday that an independent third party should be hired to further investigate the events leading up to the abrupt failure of Silicon Valley Bank.
Reading Time: < 1 minute Standard Chartered is in the process of hiring at least 100 staff in China to launch an investment banking unit targeting niche bond deals.
Reading Time: < 1 minute Warren Buffett noted on Saturday that Berkshire Hathaway is being cautious with the banking sector due to the lack of clarity in messaging from government officials.
Reading Time: < 1 minute Corporate clients of the Chinese “daughter” of the financial holding BNP Paribas are able to make transactions with e-CNY in real time.