News with the tag "Riba"

Buckle up, crypto enthusiasts and forex aficionados! The currency markets are hinting at a potentially seismic shift, and it all centers around the resilient Japanese Yen. Imagine a world where your JPY holdings suddenly pack a much bigger punch against the US dollar. Sounds intriguing, right? Well,...

The Islamic conceptualisation of finance is built around a set of core principles which give primacy to honesty, fairness and accountability in trade and transactions. As such, Islamic finance seeks uphold justice, transparency, and shared prosperity in economic systems. Arguably, fiat currency achi...

While Helium Mobile has enjoyed phenomenal success, the network has failed to keep pace, with the general market pulling it down further and with losses being multiplied as the market drops low. According to the latest market data, HNT, the native token of the network, dropped about 15% over the las...

On July 25, 2024, Slovenia issued its first digital bond, marking a significant milestone as the first EU sovereign and one of the earliest worldwide to do so. The bond issuance occurred under the European Central Bank’s (ECB) wholesale central bank money settlement experimentation program. The sett...

The bond was issued as part of ECB wholesale settlements experiments and matures on Nov. 25.

BNP Paribas partners with Mistral AI to integrate advanced AI models in customer support, sales, and IT services, aiming to enhance efficiency and customer experience.

BNP Paribas, Europe’s second-largest bank, recently made a big move in the cryptocurrency space by purchasing shares in BlackRock’s Spot Bitcoin ETF, iShares Bitcoin Trust (IBIT). This purchase, as detailed in a 13F filing with the US Securities and Exchange Commission (SEC) on May 1st, saw the bank...

New data reveals that one of the biggest banks in the world is acquiring shares of asset manager BlackRock’s spot market Bitcoin (BTC) exchange-traded fund (ETF). In a new filing with the U.S. Securities and Exchange Commission (SEC), France-based BNB Paribas – the ninth-largest bank in the world – ...

Digital Asset, a prominent blockchain technology firm, recently completed a pilot test of its Canton Network, showcasing its capabilities with the participation of major financial institutions, including Goldman Sachs, BNY Mellon, DRW, Oliver Wyman, and Paxos. The test involved a broad spectrum of p...

Rune Christensen, a co-founder of Maker, the Ethereum-based stablecoin protocol, has proposed to reimplement the protocol on a new chain forked from Solana. This move would be the final part of “Endgame,” an update to the protocol that seeks to grow the stablecoin dai by enhancing “efficiency, resil...