QNB Group and JPMorgan Chase said in a statement Monday that by adopting JPMorgan's Kinexys digital payment system, QNB is now able to process U.S. dollar payments for its Qatari business customers 24/7 in minutes. By contrast, payments with traditional banks are primarily made on weekdays and can take days to reach the recipient.
Swiss National Bank Governor: We have no restrictions on intervention in the foreign exchange market, and we will do so when we believe it is the right course of action.
Swiss National Bank President: We are ready to lower interest rates below zero if necessary.
The head of the Swiss National Bank said that we are ready to cut interest rates below zero if necessary.
QNB Group, Standard Chartered, and DMZ Finance have announced the launch of the QCD Money Market Fund, a regulated tokenized money market fund in the Dubai International Financial Centre (DIFC), which is sponsored and managed by QNB Group, the largest bank in the Middle East and Africa, with DMZ Finance acting as co-sponsor and exclusive provider of tokenized infrastructure.
Swiss National Bank President Schlegel: Switzerland does not need stablecoins.
Martin, deputy governor of the SNB, said that the SNB is not involved in manipulating the Swiss franc. It is essential that the central bank remains independent. Bitcoin does not meet our criteria for assets. (Gold Ten)
Swiss National Bank: Study various methods for settling tokenized assets in central bank currency.
Swiss National Bank President: Constructive talks with the United States on foreign exchange.
SNB President: Our mission is to achieve price stability in Switzerland, and we must ensure that goal, so we use interest rate and exchange rate instruments; we have expressed our readiness to intervene in the foreign exchange market if necessary.