Finance

Elvira Nabiullina. Source: a video screenshot, Банк России / YouTube Russia’s Central Bank chief Elvira Nabiullina has stated that she is prepared to allow the nation to do business in crypto – as long as it does not enter the Russian financial system and is only used in international settlements. But the country’s finance ministry, …

Russian Central Bank Ready to Make Crypto Regulation Concessions, Hints Governor Read More »

Home » Business » Bangladesh exploring CBDC as an alternative to ‘risky’ private digital currencies Bangladesh Bank, the central bank of the South Asian country, has revealed plans to conduct a feasibility study on the possibility of introducing a central bank digital currency (CBDC) backed by blockchain technology. Minister of Finance AHM Mustafa Kamal disclosed the …

Bangladesh exploring CBDC as an alternative to ‘risky’ private digital currencies Read More »

Meliha Duymaz Meliha Duymaz joins Skanska UK later this year after 10 years  with Network Rail. She is currently finance director for the eastern region running from London to Scotland, its largest regional business with 10,000 employees. Before that, she was managing director for the Anglia Route. Before joining Network Rail in 2012, Meliha Duymaz …

Skanska names new finance chief Read More »

Crypto financial service provider Babel Finance has halted withdrawals and redemptions amid a market slump, soon after Celsius did the same, citing ‘liquidity pressure’ In a recent release, the Hong Kong-based crypto lender has stated that due to the ‘condition of the current crypto market, its fluctuations, and conductive risk factors faced by some institutions,’ Babel …

Babel Finance Pauses Withdrawals After Celsius; Amber Group Clarifies Position Read More »

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Source: AdobeStock / Andrii Yalanskyi After several days of intense discussions and rumors circulating about insolvency at major crypto hedge fund Three Arrows Capital (3AC), more details about the financial exposure other companies in the space have had to the hedge fund have emerged, with crypto lender BlockFi being named as one counterparty affected. 3AC …

BlockFi, Crypto.com, and Others Come Forward as Three Arrows Hires Advisers, Babel Finance Pauses Withdrawals Read More »