NAB plans allow clients to use the stablecoin for repo transactions, cross-border remittances, and carbon credits trading.
January 20, 2023Mazars and Armanino have stopped serving clients in the crypto sector. BDO is reconsidering its approach to the sector.
December 21, 2022The draft rules propose a unified standard for measuring country risk, as well as new provisioning requirements to align with new accounting standards.
December 15, 2022The latest measures are being somewhat overshadowed by a new round of Covid-related lockdowns and protests in several Chinese cities.
November 28, 2022Participants include BNY Mellon, Citi, HSBC, Mastercard, PNC Bank, TD Bank, Truist, US Bank, Wells Fargo, SETL, Digital Asset, AWS, SWIFT, Sullivan & Cromwell, and Deloitte.
November 17, 2022Retail investors won't be allowed leverage and will have to undergo a knowledge test. Stablecoin issuers will have strict rules on reserve assets and a S$1bn capital requirement.
October 27, 2022Steven Maijoor, who serves on the ECB's supervisory board, said regulators are asking banks to be restrained with dividends and share buybacks.
October 18, 2022"Reducing commercial papers to zero demonstrates Tether’s commitment to backing its tokens with the most secure reserves in the market," the company said.
October 15, 2022Reclassification of assets under IFRS 9 will enable insurers to mitigate the effects of rate hikes on their financial ratios.
October 14, 2022The next step before MiCA is formally adopted is for the European Parliament to vote on the proposal on Monday.
October 6, 2022