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Banking & Financial Services

Ex-CFTC chairman: 'Let's make it clear to policymakers that privacy must be central' to digital currency

Christopher Giancarlo, former chairman of the Commodity Futures Trading Commission, said digital currency holds a great deal of promise for the future of money, especially if the government manages it properly.


Banking & Financial Services

Binance launches updated Proof of Reserves system: Advanced technology “enhances privacy, security, & reliability”

Binance, the world's largest crypto exchange, has implemented zk-SNARKs, zero knowledge proof protocols, to launch a new Proof of Reserve (PoR) that enables users to verify that all of their holdings are backed 1:1, and that Binance has additional reserves to cover user assets, a company spokesperson said.


Banking & Financial Services

China pushes digital currency: 'The United States is clearly behind'

Sheila Warren, CEO of the Crypto Council for Innovation, a global alliance of crypto industry leaders, said in an episode of the podcast "Unchained" that the world should pay attention to China's progress on advancing its central bank digital currency (CBDC) and its efforts to get other countries to use its digital yuan by offering to invest in infrastructure in those countries. Some experts have predicted that China aims to lead the world in digital currency adoption and could leverage it to set global standards and avoid sanctions imposed by the U.S. and its allies.


Banking & Financial Services

ANZ CEO discusses economic outlook amid rising interest rates

The prospect of a recession in Australia was the focus of a recent conversation between ANZ Chief Executive Shayne Elliott and radio host Neil Mitchell on 3AW.


Banking & Financial Services

ANZ appoints Graham Hodges as non-executive director amid structural changes

Graham Hodges has been appointed as a Non-Executive Director on the Boards of Australia and New Zealand Banking Group Limited and ANZ BH PTY LTD.


Banking & Financial Services

ANZ adjusts home loan and savings rates after RBA cash rate hike

ANZ has announced adjustments to its deposit and lending rates following the Reserve Bank of Australia's recent increase in the official cash rate.


Banking & Financial Services

ANZ invests $50 million in View Media Group for strategic collaboration

ANZ has announced a strategic investment in View Media Group (VMG), an Australian property media and technology company.


Banking & Financial Services

ANZ warns against romance scams ahead of Valentine's Day

ANZ has issued a warning to its customers about the potential for romance and dating scams as Valentine's Day approaches.


Banking & Financial Services

Galaxy CEO: 'We need to cheer for Binance'

Michael Novogratz, CEO of crypto investment firm Galaxy, said in a YouTube video that retail organizations getting involved in the crypto space is a critical step towards helping institutions become more involved in crypto.


Banking & Financial Services

IMF: Crypto 'concerns can be addressed by strengthening financial regulation and supervision, and by developing global standards'

The IMF's Bo Li and Nobuyasu Sugimoto recently said that global cooperation to enact targeted regulations is needed to address concerns surrounding the crypto industry.


Banking & Financial Services

ANZ pledges $50k for flood recovery in Kimberley region

ANZ has announced a donation of $50,000 to support the recovery efforts in the Kimberley region of Western Australia, following recent flooding.


Banking & Financial Services

Consumer confidence declines amid rising inflation expectations

Consumer confidence has shown a decline, decreasing by 1.8 points last week to reach 85.9.


Banking & Financial Services

Binance head of Europe: 'Sweden is now amongst the growing list of global jurisdictions that have granted regulatory approval to Binance'

Richard Teng, Binance's head of Europe and MENA (Middle East and North Africa), announced that after working closely with Swedish regulatory authorities for months, Binance has been granted regulatory approval in Sweden. Sweden is the latest state to give Binance authorization, following France, Italy, Lithuania, Spain, Cyprus and Poland.


Banking & Financial Services

Head of Binance Charity: 'We’ve never been more excited to build a more inclusive Web3 world'

The Binance Scholar Program that was launched last year has drawn a huge amount of interest, and Helen Hai said she is excited about Binance’s upcoming educational initiatives.


Banking & Financial Services

Binance head of Eastern Europe: 'Working together with regulators globally, we can ensure that consumers are protected'

Kyrylo Khomiakov, Binance's Head of Ukraine and Eastern Europe, said the crypto exchange is expanding its presence in Poland and working to comply with local regulations, which will require that Poland-based Binance users sign a new Terms and Conditions with Binance's Polish entity, Binance Poland sp. z o.o.. Binance announced that it will also be increasing its talent acquisition efforts and educational initiatives in the region.


Banking & Financial Services

ANZ Private Bank outlines investment strategy amid challenging market outlook

ANZ Private Bank has released its 2023 Global Market Outlook, predicting a challenging year for investors.


Banking & Financial Services

Mastercard CFO on new VP: 'Devin brings a unique perspective to this role'

Mastercard Incorporated recently named Devin Corr executive vice president of investor relations, according to a press release. His role will become effective on May 1.


Banking & Financial Services

ANZ leads €875 million syndicated loan for Allnex

ANZ has led a €875 million syndicated loan for Allnex, a global specialty chemicals supplier and subsidiary of PTT Global Chemical (PTTGC).


Banking & Financial Services

CBB Bancorp board chair on new appointee: 'We are excited to have Mr. Dang join our board'

Khoi D. Dang has been appointed to the board of directors for both CBB Bancorp, Inc. and its subsidiary bank, the Commonwealth Business Bank, as of the first of the year, according to a press release.


Banking & Financial Services

Gemini co-founder slams DCG CEO: 'Your behavior is not only completely unacceptable, it is unconscionable'

Gemini Trust Co., a crypto exchange platform with a product called Earn that allows users to lend out crypto holdings in return for interest payments, has had withdrawals frozen since mid-November.