In a significant move, the U.S. Senate Committee on Banking, Housing, and Urban Affairs has advanced two key pieces of legislation: the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act and the Financial Integrity and...
The Bank of Russia has submitted its proposals for regulating cryptocurrency investments to the Russian Government, following instructions from the President of the Russian Federation.
The Bank of Canada has intensified its consultations with businesses and households to understand the effects of the US-initiated trade conflict on Canadian economic decisions.
In 2024, the floating-rate corporate bond market in Russia saw continued growth as expectations remained that monetary conditions would stay tight for an extended period.
At a recent U.S. Senate Banking, Housing, and Urban Affairs Committee hearing, Chairman Tim Scott (R-S.C.) addressed the pressing issue of housing affordability in America.
The House Financial Services Committee, chaired by French Hill of Arkansas, recently conducted a hearing to discuss the potential establishment of a federal framework for payment stablecoins and the implications of a U.S. Central Bank Digital...
The House Financial Services Committee, under the leadership of Chairman French Hill (AR-02), convened today to discuss a federal framework for payment stablecoins and examine the implications of a Central Bank Digital Currency (CBDC) in the...
The Reserve Bank of Australia (RBA) has released a risk assessment regarding the payments industry's proposed decommissioning of the Bulk Electronic Clearing System (BECS).
Senate Banking Committee Chairman Tim Scott has expressed his support for the nomination of Andrew Hughes as Deputy Secretary of the U.S. Department of Housing and Urban Development (HUD).
The property development loan portfolio experienced a moderate growth of 2% in the fourth quarter of 2024, following a more substantial increase of 9% in the previous quarter.