National Financial News
16.03 / 11:25
16.03 / 11:05
16.03 / 05:23
16.03 / 00:49
business
Blockchain
Credit Suisse
Swiss
National
Support
Swiss National Bank says it will support credit Suisse if necessary
The Swiss National Bank (SNB) and the Swiss Financial Market Supervisory Authority released a joint statement on March 15 on the stability of the Swiss banking system and Credit Suisse. The problems of “certain banks in the USA” do not pose a risk for the Swiss financial system, they wrote.
15.03 / 01:13
Stablecoin
Adoption
National
Cross-border
National Australia Bank made first-ever cross-border stablecoin transaction
National Australia Bank (NAB) announced March 14 that it had executed the first-ever cross-border stablecoin transfer on a layer 1 public blockchain. The intrabank transfer used the bank’s fully backed AUDN stablecoin tied to the Australian dollar (AUD).
07.03 / 16:17
regulation
Financial Systems
National
Financial
China announces plans for new national financial regulator
The Chinese government has plans for a governmental overhaul, according to a new announcement. This includes introducing a new national financial regulator.
02.03 / 23:53
CBDC
Adoption
Federal Reserve
National
US Treasury-led CBDC Working Group looking at technical issues, national interest
The United States Treasury Department is continuing to consider design decisions relating to the introduction of a central bank digital currency. Under Secretary for Domestic Finance Nellie Liang gave an audience at the Atlantic Council a rundown on March 1 of technical and policy issues the Treasury-led CBDC Working Group is looking at.
24.02 / 20:03
UPS
National
Sequoia rolls back China tech investments amid growing national security concerns
Sequoia Capital has started screening some investments its China arm is considering in technology companies there for US national security concerns, according to people familiar with the matter, as Washington steps up efforts to stop American money from funding China’s development of sensitive technologies.
23.02 / 20:23
Arrest
FBI
National
Moscow Authorities Detain British National Accused of Aiding North Korea in Crypto Sanction Evasion
A British citizen who is wanted by the FBI for allegedly assisting the North Korean government to evade U.S. sanctions via crypto is in the custody of Russian authorities.
23.02 / 15:03
Gap
National
What Is Pushing the National Debt to Its Limit?
The U.S. national debt has increased by more than $8 trillion dollars since late January 2020, pushing the total debt over $31 trillion, according to the Treasury Department. Extraordinary measures to keep paying the government’s bills could run out before July, according to new figures from the Congressional Budget Office released Wednesday.
22.02 / 23:49
Gap
National
What Is Pushing the National Debt to Its Limit?
The U.S. national debt has increased by more than $8 trillion dollars since late January 2020, pushing the total debt over $31 trillion, according to the Treasury Department. Extraordinary measures to keep paying the government’s bills could run out before July, according to new figures from the Congressional Budget Office released Wednesday.
22.02 / 15:25
UPS
Twitter
Binance
Career
Remark
lawmaker
National
French Lawmaker Denies He Was Paid to Promote a Crypto Scam in National Assembly
A French lawmaker has been accused of promoting limocoin swap (LMCSWAP), a “suspicious” African crypto project – but denies claims he was paid to talk up the coin in the National Assembly by lobbyists.
21.02 / 14:43
Gap
National
What Is Pushing the National Debt to Its Limit?
The U.S. national debt has increased by more than $8 trillion dollars since late January 2020, pushing the total debt over $31 trillion, according to the Treasury Department. Extraordinary measures to keep paying the government’s bills could run out before July, according to new figures from the Congressional Budget Office released Wednesday.
21.02 / 14:43
National
Lael Brainard Set to Lead White House National Economic Council
President Biden is set to name Federal Reserve Vice Chair Lael Brainard to serve as his economic-policy coordinator at a difficult time when the U.S. economy faces headwinds from high inflation, climbing interest rates and slowing growth, according to people familiar with the matter.
21.02 / 12:47
Blockchain
CBDC
Adoption
Reserve Bank of India
Indian Government
National
network
India expands national payment network to Singapore: What’s in it for crypto?
India’s national payment network, called the unified payments interface (UPI), is expanding its services beyond Indian borders to Singapore. The cross-border connectivity between Singapore and India via their respective rapid payment systems, namely PayNow and the UPI. Shri Shaktikanta Das, governor of the Reserve Bank, and Mr Ravi Menon, managing director of the Monetary Authority of Singapore, launched the facility through token transactions using the UPI-PayNow linkage.
20.02 / 15:55
Gap
National
What Is Pushing the National Debt to Its Limit?
The U.S. national debt has increased by more than $8 trillion dollars since late January 2020, pushing the total debt over $31 trillion, according to the Treasury Department. Extraordinary measures to keep paying the government’s bills could run out before July, according to new figures from the Congressional Budget Office released Wednesday.
20.02 / 15:55
National
Lael Brainard Set to Lead White House National Economic Council
President Biden is set to name Federal Reserve Vice Chair Lael Brainard to serve as his economic-policy coordinator at a difficult time when the U.S. economy faces headwinds from high inflation, climbing interest rates and slowing growth, according to people familiar with the matter.
19.02 / 23:59
Gap
National
What Is Pushing the National Debt to Its Limit?
The U.S. national debt has increased by more than $8 trillion dollars since late January 2020, pushing the total debt over $31 trillion, according to the Treasury Department. Extraordinary measures to keep paying the government’s bills could run out before July, according to new figures from the Congressional Budget Office released Wednesday.
19.02 / 23:59
National
Lael Brainard Set to Lead White House National Economic Council
President Biden is set to name Federal Reserve Vice Chair Lael Brainard to serve as his economic-policy coordinator at a difficult time when the U.S. economy faces headwinds from high inflation, climbing interest rates and slowing growth, according to people familiar with the matter.
18.02 / 07:55
Gap
National
What Is Pushing the National Debt to Its Limit?
The U.S. national debt has increased by more than $8 trillion dollars since late January 2020, pushing the total debt over $31 trillion, according to the Treasury Department. Extraordinary measures to keep paying the government’s bills could run out before July, according to new figures from the Congressional Budget Office released Wednesday.
17.02 / 19:23
National
Lael Brainard Set to Lead White House National Economic Council
President Biden is set to name Federal Reserve Vice Chair Lael Brainard to serve as his economic-policy coordinator at a difficult time when the U.S. economy faces headwinds from high inflation, climbing interest rates and slowing growth, according to people familiar with the matter.
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