
Finance
Spain’s BBVA to launch digital bank in Germany by 2025
BBVA has expanded aggressively in Italy, where it now has 500,000 clients on its digital banking platform, and it plans...
Nomura subsidiary Laser Digital obtains license to operate in the UAE
The Nomura subsidiary may provide broker-dealer and fund management services to retail and institutional clients in the UAE, with CEO...
Singapore’s central bank expresses money laundering concerns with digital assets
While it considers legacy banking as the biggest risk for money laundering, the Monetary Authority of Singapore believes that digital...
Dealings in digital assets not illegal under Indian law, High Court rules
While India moves to regulate the digital asset space, a High Court ruled that digital currencies are not qualified as...
IMF’s work on CBDCs and digital currencies is straining its budget
The IMF has suggested it may reduce its output frequency, provide lighter analysis and give general policy advice, adding that...
CBDCs can improve cross-border payments, financial inclusion in the Middle East: IMF
IMF says Middle Eastern and Central Asian countries can significantly benefit from CBDCs but urges caution as they come with...
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