Tag: bank
Deutsche Bank Fined $186million by Federal Reserve for Third Insufficient AML Control Offence
Deutsche Bank, the German multinational investment bank, is the latest big-name financial organisation to face a fine…
Myanmar’s shadow government backs launch of crypto-based bank
Myanmar’s first entirely crypto-based banking institution has announced a soft launch for July 22 — a move…
China’s digital yuan nears $250B transaction volume: Central bank governor
Nearly $250 billion worth of transactions have taken place using China’s digital yuan in the one-and-a-half years…
South Korean central bank charts out future course of payment systems, CBDC
The South Korean central bank (BOK) has published its 2022 Payment and Settlement Systems Report. Oversight of…