The Swedish central bank has opted to keep its key interest rate at 2.25%, as expected by market analysts. The decision aligns with prevailing market predictions that the […]
Fed Actions Cause Crypto Market Volatility
The Federal Reserve’s recent meeting saw Chairman Jerome Powell reaffirm the central bank’s stance on maintaining interest rates, raising concerns in the financial markets, especially the cryptocurrency sector. […]
CBN Fines Paystack $250 Million for Operating Consumer Product ‘Zap’ Beyond Regulatory Scope
The Central Bank of Nigeria (CBN) has imposed a significant fine on Paystack, a prominent Nigerian fintech company, for allegedly operating its consumer product, Zap by Paystack, in […]
Japan’s Central Bank Holds Interest Rates as Economic Uncertainty Persists
Despite economic uncertainty, Japan’s central bank is expected to maintain interest rates at its upcoming meeting, according to T. Rowe Price co-portfolio manager Vincent Chung. Chung points to […]
Switzerland’s SNB Remains Unmoved as Bitcoin Exclusion Persists
Despite mounting pressure from supporters, Switzerland’s central bank (SNB) has once again rejected the inclusion of Bitcoin in its reserves. This decision follows a recent statement from President […]
Swiss National Bank Remains Cautious, Rejecting Bitcoin for Currency Reserves
The Swiss National Bank (SNB) has solidified its stance against using Bitcoin as currency reserves. In a recent announcement, SNB President Martin Schlegel cited the asset’s inherent volatility […]
Switzerland’s Central Bank Remains Cautious about Cryptocurrencies
The Swiss National Bank (SNB) has taken a definitive stance against including cryptocurrencies in its financial portfolio, citing concerns over liquidity and price volatility. During a recent assembly, […]
Switzerland’s Central Bank Remains Cautious About Cryptocurrencies
The Swiss National Bank (SNB) is standing firm against the risks associated with cryptocurrencies, opting to exclude them from its investment portfolio. This decision, outlined in a recent […]
Russia to Launch Digital Ruble Payment Network in 2026
The Russian Central Bank announced a significant milestone: the launch of its digital ruble payment network is slated for 2026, enabling citizens to utilize the digital currency through […]
Russia Prepares Digital Ruble Payment Network for 2026 Launch
Russia’s Central Bank has confirmed a planned launch of its digital ruble payment network in 2026, according to reports by PANews. This timeline represents an earlier than anticipated […]
Trump’s Pressure on Powell: Can He Remove the Fed Chair?
US President Donald Trump has intensified pressure on Federal Reserve Chair Jerome Powell to lower interest rates, even threatening to dismiss him from his position at the central […]
ECB Seeks Quick Legal Framework for Digital Euro Push
ECB President Lagarde outlines plans for a digital euro that aims to enhance payment efficiency within the Eurozone. The digital euro faces growing concerns about misinformation and its […]
Randal Quarles Emphasizes Importance of Central Bank Independence
Randal K. Quarles, Vice Chairman for Supervision at the Federal Reserve, underscored the significance of central bank independence during a speech at the 2018 Institute of International Finance […]
ECB Report: Digital Euro Impacts Cash Circulation, Highlights Strategy Shifts
The European Central Bank (ECB) has revealed in a recent report that its digital euro initiative is expected to significantly impact traditional paper banknotes. According to PANews, for […]
Trump Weighs Replacing Powell as Federal Reserve Chair Sparks Market Volatility
President Donald Trump’s potential removal of Federal Reserve Chair Jerome Powell is generating significant attention, especially in financial markets. This move has triggered concerns about central bank independence […]