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Irani central bank eyes CBDC, fintech progress to combat sanctions

Iran’s Central Bank is preparing to launch its own central bank digital currency (CBDC), called the Digital Rial, to modernize its banking infrastructure...

Hong Kong eyes stablecoin licensing regime to bolster crypto stability

Hong Kong’s financial regulators said they have concluded a consultation period over a licensing program initiative for fiat-referenced stablecoin (FRS) providers.The consultation, which...

Nium cuts valuation by 30% in funding round, eyes 2025 IPO

Westend61 | Westend61 | Getty ImagesAMSTERDAM, Netherlands — Financial technology startup Nium told CNBC Wednesday it raised $50 million in new funds from...

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American Express cardholders still spending despite Trump tariffs

American Express' affluent cardholders are showing few signs...

Firing Jerome Powell will crash financial markets — Sen. Elizabeth Warren

US Senator Elizabeth Warren warned that if President...

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