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Ripple’s James Wallis underscores CBDCs’ role in breaking financial barriers

James Wallis, Ripple’s vice president for central bank engagements and central bank digital currencies (CBDCs), has highlighted the role of CBDCs in advancing global financial inclusion in a brief video. Wallis clarifies that financial inclusion aims to extend financial services to individuals worldwide, especially those with low incomes and no

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Sam Bankman-Fried May Testify to Role of Lawyers, ‘Good Faith’ Efforts, Filing Says

A Wednesday defense filing asked Judge Lewis Kaplan, who's overseeing the case, to grant the defense attorneys permission to ask Bankman-Fried about certain aspects of FTX's operation and how the company's counsel were involved in making those decisions. They include FTX's use of auto-deletion policies for Signal and Slack messages,

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XRP role in Swiss bank; Shiba Inu and InQubeta rising prominence in crypto

TLDR InQubeta’s fractional investment protocol can open new opportunities for venture capital investors. Despite the token’s struggling prices, Shiba Inu’s burning program and Shibarium look promising Despite not being their reference token, XRP showed potential benefits to the Swiss Bank. At the Sibos 2023 conference, Switzerland said it plans to incorporate its Central Bank

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Italy’s Cipollone Defends Digital Euro as He Seeks Fabio Panetta’s Role at the European Central Bank (ECB)

A digital euro would “reinforce the ability to pay with public money throughout Europe with a technology and infrastructure that is based in Europe,” he told members of the European Parliament’s Economic and Monetary Affairs Committee, promising offline functionality, accessibility and “excellent solutions” to protect privacy. Original Source

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CFPB examines Big Tech’s role in mobile payment systems ahead of rulemaking

Big businesses are able to act as “mini-governments” and impose their own rules on payment infrastructure, Rohit Chopra, director of the United States Consumer Financial Protection Bureau (CFPB), said at a fintech conference hosted by the Philadelphia Federal Reserve Bank on Sept. 7. As Big Tech continues to innovate, small

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