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Tag: banks

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China’s PBOC governor says there’s room to cut banks’ RRR

China's central bank governor said there was room to further cut banks' reserve requirements, and pledged to utilize monetary policy to prop up...

Hungary issues draft law allowing banks to offer crypto services

Hungary is advancing a legislative proposal that would enable banks, investment funds, and asset managers to offer services in Bitcoin and other cryptocurrencies,...

Banks ask for help protecting customers from online romance scams

The banking industry is seeking help from the federal government and the social media industry to stop an escalating crisis that's costing Americans...

Japan urges banks to screen crypto transfers in crackdown on ‘unlawful money transfers’

Japan’s Financial Services Agency (FSA) has proposed new measures to bolster user protection against illicit transactions to crypto exchange platforms, according to a...

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