Banks
- MENA News

Aurora Labs Unveils Aurora Cloud: The Seamless Blockchain Solution for MENA Businesses
Aurora Labs, a well-known blockchain platform that is compatible with the Ethereum Virtual Machine (EVM) on the NEAR Protocol, has…
Read More » - Global News

FDIC Report Cites Poor Management as the Cause of Signature Bank Failure
Signature Bank‘s collapse was attributed to poor management and inadequate risk management practices, according to a post-mortem assessment conducted by…
Read More » - Companies

Crypto Firm DCG Reports Genesis Capital Creditors Backing Out of Restructuring Agreement
Digital Currency Group (DCG) has announced that certain creditors of its bankrupt subsidiary, Genesis Capital, have chosen to abandon the…
Read More » - Global News

Citi India Advances Trade Digitization Efforts with First Successful Blockchain LC Transaction on Contour
Citi India has successfully carried out its initial blockchain-powered Letter of Credit (LC) deal on Contour for Cummins India Limited,…
Read More » - Editor Choice

The Decline of the US Dollar? Global Economic Trends and the Rise of Cryptocurrencies
Although the US dollar has long been the dominant global currency, its share in global central bank reserves has been…
Read More » - MENA News

Central Bank of Kuwait Delves into Blockchain and CBDCs
The Governor of the Central Bank of Kuwait, Basel Al-Haroon, recently discussed Kuwait’s efforts to explore the potential adoption of…
Read More » - Editor Choice

Understanding Flash Loans: The Pros and Cons of This Weird DeFi Trend
Have you ever wondered how someone can borrow millions of dollars in capital anonymously and without any collateral in just…
Read More » - MENA News

UAE and India Strengthen Economic Ties Through Joint Experimentation with CBDCs
The Central Bank of the United Arab Emirates (CBUAE) and the Reserve Bank of India (RBI) have signed a Memorandum…
Read More » - Global News

Federal Reserve Board Introduces Bank Term Funding Program to Support Depositors
In order to provide support to households and businesses in the United States, the Federal Reserve Board has announced that…
Read More »









