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FINRA Warns Member Firms of Metaverse Adoption Challenges

[Oct 27 10:30 AM] The Financial Industry Regulatory Authority has released a report highlighting the potential benefits and risks of the metaverse for the securities industry. The report emphasizes the importance of addressing challenges identified to ensure the…

Russian Banks Baulk at Digital Ruble Implementation Costs

[Oct 25 11:30 AM] Russian banks, particularly smaller ones, are unhappy about the high cost (between $1.25 million and $2 million) of integrating with the central bank’s digital ruble platform. This cost is seen as prohibitive for many banks, exceeding their…