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Global financial system must rewrite its rules for the tokenised future, says BIS adviser

The rise of stablecoins poses new challenges to the global infrastructure for instant payment, clearing and settlement, said the gatekeeper of the world's central banks The worldwide financial system ...
Crux

African bishop slams ‘outdated, biased’ global finance system

Bishop Matthew Kukah of Sokoto, Nigeria, with priests. (Credit: Vatican Media.) Listen YAOUNDÉ, Cameroon – Nigerian Bishop Mathew Hassan Kukah of Sokoto says the global financial system is outdated ...
Jurist

UN expert calls for reforms in global financial system to promote human rights

The UN expert on the promotion of a democratic and equitable international order, George Katrougalos, stated in a report Thursday that comprehensive reforms are needed to rebuild a fairer global ...
U.S. News & World Report

Global Financial System Must Adapt to Better Serve Economy, UN Trade Agency Says

LONDON, Dec 2 (Reuters) - The financial system risks undermining global trade if it fails to adapt to the economy's needs, with developing countries likely to suffer the most, the UN Trade and ...