Governor

Vitai Ratanakorn picked as Thailands subsequent central financial institution governor

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[ad_1] BANGKOK, July 22 (Reuters) – Thailand’s cupboard on Tuesday accredited Vitai Ratanakorn, a state-owned financial institution head and former personal sector government, to be the nation’s subsequent central financial institution governor. The cupboard’s approval of the 54-year-old for the place is topic to royal assent. If endorsed, Vitai’s five-year time period working the Financial … Read more

BOE Governor Bailey Warns Banks Against Issuing Own Stablecoins

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[ad_1] (Bloomberg) — Bank of England Governor Andrew Bailey has warned the world’s largest banks against issuing their own stablecoins, setting up a potential clash with President Donald Trump’s administration and its backing of the digital assets. Speaking in an interview with the Times newspaper, Bailey said he “would much rather” banks offer digital versions … Read more