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Revolut Needs to Get Its House in Order

The fintech unicorn Revolut needs a UK banking license to sustain its growth, but it keeps tripping up. ....

United Kingdom , Simon Jaquiss , Shaul David , Ruth Wandh , Prudential Regulation Authority , Standard Chartered ,

Russian Central Bank to Classify CBDC as HQLAs

The Russian Central Bank says it plans to begin classifying the digital ruble, the nation’s CBDC, as a “high-quality liquid asset” (HQLA). Read more! ....

Belarus General , Ruth Wandh , Russia Central Bank , Financial Institutions Forum , Central Bank , Russian Central Bank , Digital Rubles Will Be Classified , Highly Valuable Liquid , Official Monetary , Digital Ruble Progress ,