Swift
Crypto Biz: $43T bank enters crypto — Probably nothing, right?
As crypto traders debate whether Bitcoin (BTC) is going to $25,000 or $15,000 first, the world’s largest financial institutions are laying the groundwork for mass adoption. The proverbial floodgates are unlikely to open before the United States provides a clear regulatory framework for crypto, but regulators and industry insiders are confident that guidance could come in 2023 at the earliest. In the meantime, megabanks like BNY Mellon, whose roots date back to 1784, are entering the space. This week’s Crypto Biz chronicles BNY Mellon’s foray into digital assets, JPMorgan’s ongoing experimentation with blockchain technology and Crypto.com’s new European headquarters. BNY Mellon, America’s oldest bank, launches crypto services Arguably the biggest story of the week was news of another ...
EU Commission to remove Russian banks from SWIFT cross-border network
The European Commission announced to remove a number of Russian banks from the Society for Worldwide Interbank Financial Telecommunication (SWIFT) messaging system, aimed at hindering Russia’s capacity to carry out cross-border payments. In a joint statement released by the European Commission, leaders from France, Germany, Italy, the United Kingdom, Canada, and the United States highlighted their shared interest in defending Ukraine from the war against Russia: “We will hold Russia to account and collectively ensure that this war is a strategic failure for Putin.” While condemning the Russian president Vladimir Putin’s move to lay siege across Ukraine, the EU Commission committed to undertake a series of measures to isolate Russia from the international financial system. President o...
10 Fastest Internet Providers in Nigeria Ranked
Internet and connectivity speed tester Ookla has released its market analysis for Nigeria, ranking the country’s fastest internet service providers (ISPs). The analysis only takes into account top providers of internet services in the country, ones which account for 3% or more of total test samples in the market in Q2 of 2021 – smaller providers are not tested. All providers are ranked based on their Speed Score, which incorporates a measure of each provider’s download and upload speed to rank network performance (90% of the final Speed Score is attributed to download speed and the remaining 10% to upload speed because online experiences are typically more affected by download speed). Ookla places the most emphasis on the median speeds as those represent what most network providers’ custom...
‘Could be a masterclass’ : Villa eyeing 25-yr-old as Grealish replacement, some of their fans react
Aston Villa are interested in signing the Reading midfielder John Swift this summer. According to The Reading Chronicle, Dean Smith is keen on the player. Jack Grealish is expected to leave the club at the end of this season and Aston Villa need to sign a proper replacement. Swift has done well for Reading and he could be a decent alternative. Sheffield United are thought to be keen as well but Villa could hijack a move. Swift has six goals and ten assists to his name this season and he would be tempted to move to Aston Villa if they can stay up. Survival is in their own hands now and Villa just have to match Watford’s final day result. Even if Aston Villa go down, joining them would be a step up for the 25-year-old midfielder. The report claims that no official bid has been made yet. It r...
