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 need to coordinate regulatory responses to risks provided by these companies coming into the space. BIS said that the social...
While Facebook is aiming to have its Libra crypto power transactions and provide access to financial services to those without bank accounts, European central bankers are claiming oversight over the digital currency. They want to make sure that the digital currency isn’t used for money...
With the U.K. gearing up to leave the European Union, the country got a little bit of stability when Bank of England Governor Mark Carney signaled he would stay on as head of the Central Bank longer than planned. According to a report in The...
Just about three weeks after Credit Agricole became a minority shareholder in blockchain startup SETL, Citi is investing in the company, too, Coindesk reported. SETL seeks to make exchanges of cash and other assets easier with its ledger. Other investors include Computershare, Deloitte and banking company...
February 21, 2021
Mark Carney, former governor for the Bank of England and Bank of Canada, will now be on the board of directors for Stripe, which works on global payment infrastructure for eCommerce, according to a press release. Carney will help Stripe with his experience in global financial systems and governance, the release stated. In addition, Stripe […]
June 23, 2019
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 need to coordinate regulatory responses...
June 21, 2019
While Facebook is aiming to have its Libra crypto power transactions and provide access to financial services to those without bank accounts, European central bankers are claiming oversight over the...
September 04, 2018
With the U.K. gearing up to leave the European Union, the country got a little bit of stability when Bank of England Governor Mark Carney signaled he would stay on...