Oxfam reveals $24 billion missing from World Bank climate funds. The World Bank faces criticism for a lack of transparency. Continue Reading:Oxfam Reports Missing Climate Funds from the World Bank The post Oxfam Reports Missing Climate Funds from the

Oxfam highlights $24 billion missing in climate funding from the World Bank. Lack of transparency hinders effective evaluation of climate finance initiatives. Continue Reading:Oxfam Reveals Missing Climate Funding at the World Bank The post Oxfam Rev

Oxfam's report reveals significant missing funds from climate financing. The World Bank faces criticism for lack of transparency in fund usage. Continue Reading:Oxfam Reveals $24 Billion Missing in World Bank Climate Funding The post Oxfam Reveals $2

Oxfam reports $24 billion in climate funds missing at the World Bank. The lack of transparency complicates evaluating climate finance effectiveness. Continue Reading:Oxfam Reveals Missing Climate Funds of $24 Billion at the World Bank The post Oxfam

Artist Alberto Echegaray showcases “Moneyballs,” spheres filled with shredded currencies, highlighting the shift to digital economies. The exhibition, opened on October 31, aims to promote discussion on the future roles and forms of money. The Centra

Billionaire Warren Buffett is buying a “high flying” asset after significantly reducing his exposure to the US banking industry, according to a new report. The renowned investor has sold $10.5 billion of Berkshire Hathaway’s stake in Bank of America

De Nederlandsche Bank fined Bybit $2.4m for offering crypto services in the Netherlands without mandatory registration. The Netherlands‘ central bank, De Nederlandsche Bank, has fined Bybit €2.2 million ($2.4 million) for offering crypto services in

JPMorgan Chase is now taking legal action against customers who extracted money from the bank’s ATMs using an illicit banking “glitch.” The bank is suing people who allegedly pulled thousands of dollars from the banks’ ATMs over the summer using a ch

Stablecoin demand and adoption are poised to increase in Bolivia, as a bank has presented a USDT service suite for the first time. Bisa Bank, a private institution, now allows customers to purchase, sell, and keep USDT funds in the bank, leveraging i

Ripple’s CEO has revealed that his 25-year-old bank account was closed due to his role leading a crypto company, underscoring rising regulatory pressures and uncertain U.S. policies. Ripple CEO Brad Garlinghouse’s Bank Account Closed by Major Institu

Amid growing fears that Britcoin, the UK’s central bank digital currency (CBDC), is going to supplant cash, Bank of England (BOE) governor Andrew Bailey said that the central bank will continue to supply cash “for as long as people want.” Bailey was

The Central Bank of Brazil propped up tokenization and “open finance” as key elements of the future’s financial system. In a panel presentation before the IMF and the World Bank, the bank’s president stated that the intersection between these had bee

The People’s Bank of China emphasized the Mbridge platform’s role in improving cross-border payments through the use of central bank digital currencies (CBDCs), aiming to reduce inefficiencies and avoid new barriers. The platform, which targets under

Experts warn that the high investment required to join the digital ruble platform could be prohibitive for small Russian banks, as it exceeds their annual tech budgets by several times. The entry cost for Russian banks to join the Bank…

Norway’s Central Bank, Norges Bank, will make a decision regarding whether or not it will introduce a digital currency next year, says Deputy Central Bank Governor Pal Longva. In an interview with Bloomberg on Oct. 22, Norges’ Deputy Central Bank…

The collapse of SVB caused panic-induced withdrawals from U.S. banks. Continue Reading:Silicon Valley Bank Collapse Triggers Customer Withdrawals in U.S. Banks The post Silicon Valley Bank Collapse Triggers Customer Withdrawals in U.S. Banks appeared

Nigeria’s currency reforms under Bola Tinubu’s government have made the naira one of the most competitive in 20 years, according to World Bank chief economist Indermit Gill. The decision to float the naira and remove fuel subsidies helped prevent fis

For Bank of America analysts, fiscal challenges and global economic trends have made gold an even more alluring safe haven than bonds. While falling real interest rates usually help gold, the bank says that even higher rates might fail to put downwar

TD Bank, one of the largest financial institutions in the U.S., has agreed to pay a record $3 billion penalty, the largest ever under the Bank Secrecy Act, after pleading guilty to felony charges. The bank is the largest in U.S. history to plead guil

MicroStrategy's Bitcoin bank ambitions could reshape financial markets, influencing corporate strategies and potentially driving Bitcoin's mainstream adoption. The post MicroStrategy stock soars 10% as it pursues Bitcoin bank ambitions appeared first