digital

By Takaya Yamaguchi and Tetsushi Kajimoto TOKYO (Reuters) – Financial authorities must be mindful of the risk of excessive regulation aimed at preventing digital bank runs caused by online rumours …

(Reuters) – Media company Fox Corp on Wednesday said it would house its standalone digital businesses under a new unit, Tubi Media Group, along with its news, sports and entertainment …

(Reuters) – A so-called “wholesale” central bank digital currency could hold promise for the future settlement of certain financial market transactions and processing international payments, Federal Reserve Governor Michelle Bowman …

(Reuters) – Cryptocurrency exchange Coinbase Global Inc said on Monday it has stopped support for Signature Bank’s digital payments platform Signet, more than a week after U.S. regulators took control …

By Valentine Hilaire and Noe Torres MERIDA, Mexico (Reuters) – The Mexican arm of Spain’s Banco Santander plans to launch digital lender Openbank by the end of March 2024 to …

By Jane Lanhee Lee OAKLAND, Calif (Reuters) – New York-based quantum computer startup SEEQC said on Wednesday it has developed a digital chip that can operate at temperatures colder than …

By Josh Ye and Julie Zhu HONG KONG (Reuters) – China has announced plans for a national data bureau, describing it as part of an effort to coordinate data resources …

BRASILIA (Reuters) – Brazil’s central bank announced the start of a digital currency pilot project on Monday, aiming to replicate the success of its instant payment system Pix to popularize …

SYDNEY (Reuters) – Australia’s central bank is launching 14 pilot projects with the financial industry to develop real world applications for a digital Australian dollar, with the focus on business …

LONDON (Reuters) -The Bank of England (BoE) and Britain’s finance ministry think the UK is likely to need to create a central bank digital currency (CBDC) later this decade, the …

By Sheila Dang (Reuters) – After a challenging 2022 in which advertising-dependent companies faced shrinking budgets and cratering stock prices, fourth-quarter results this week from Alphabet, Meta Platforms and Snap …

(Reuters) -The U.S. Justice Department is poised to sue Alphabet Inc’s Google as soon as Tuesday regarding its dominance over the digital advertising market, Bloomberg News reported on Monday, citing …

By Huw Jones LONDON (Reuters) – Bank of England Governor Andrew Bailey questioned the need for a digital pound on Monday just as euro zone finance ministers backed further preparatory …

LAS VEGAS – A Las Vegas business owner and operator who pleaded guilty to wire fraud was sentenced yesterday by U.S. District Judge Jennifer A. Dorsey to 34 months in …

JERUSALEM (Reuters) – Israel’s banking regulator on Sunday approved a conditional licence and control permit to a group of entrepreneurs to establish a new online bank, the second addition to …

FRANKFURT (Reuters) – Cash is losing its top spot as the euro zone’s dominant means of payment, a European Central Bank survey showed on Tuesday, in a historic shift for …

BRASILIA (Reuters) – Brazil’s central bank aims to launch its digital currency in 2024 after a closed pilot program next year with financial institutions, bank president Roberto Campos Neto said …

WASHINGTON (Reuters) – The U.S. Commodity Futures Trading Commission will file charges on Tuesday against cryptocurrency exchange FTX founder Sam Bankman-Fried over alleged digital commodity asset fraud, a source familiar …

(Reuters) – Stripe Inc, the digital payments giant which was valued at $95 billion in its last funding round, is cutting its headcount by about 14% as startups trying to …

By Hannah Lang (Reuters) -Arta Finance, a fintech that aims to replicate the family office experience for a wider audience through artificial intelligence, debuted on Wednesday with $90 million in …