Tag: deposits
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Analysis:Japanese savers have rediscovered interest rates and banks are feeling it
TOKYO, Nov 6 : For years, Japanese savers left their cash in bank accounts that paid next to nothing because few things paid much more. With government bonds now yielding four times as much as deposits, that no longer holds and banks are starting to worry.When the Bank of Japan last week declared victory in…
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ECB, EU central banks suggest dropping stablecoin deposits rule
PARIS, Sept 22 : Stablecoin issuers should not be required to hold a minimum proportion of their reserve assets as bank deposits because they could leave lenders exposed to a run on stablecoins and less stable deposits, the ECB and other EU central banks said on Tuesday.The European System of Central Banks (
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