Amid the announcement of a new cryptocurrency – that would be Libra – the Financial Action Task Force (FATF), which operates as global regulatory firm...
As tech firms such as Facebook move into the world of finance, the Bank for International Settlements (BIS) said on Sunday (June 23) that politicians...
The wealthiest households in America are stashing cash at record levels, according to a report by Bloomberg. The top 1 percent have more cash at...
Lending from FinTech firms — driven by tech, data and all sorts of innovations — has grown by leaps and bounds. However, as a recent...
What’s a currency to do when it can take down the internet? Gain in price, amid growing clamor for it, of course. No need to...
Central banks that are mulling over issuing their own cryptocurrencies would be better off waiting, said the Bank for International Settlements. According to a news...
News that the Bank for International Settlements has cautioned that financial markets are presently in a state of “uneasy calm” begs the question: Which will...