Here’s the irony of the so-called banking revolution: There is no night-and-day change, no watershed moment—the revolution is that every financial institution today lives in a state of constant ...

This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. This initiative marks a significant step forward in expanding financial ...

LONDON, June 5 (Reuters) - Saudi Arabia has joined a China-dominated central bank digital currency cross-border trial, in what could be another step towards less of the world's oil trade being done in ...

The growth of stablecoins such as tether (USDT) and USD Coin (USDC) poses challenges to central banks because, despite their name, they often lack stability, Bank of Korea Governor Rhee Chang-yong ...