Jacobi initially gained approval for the fund in October 2021, intending to launch it in 2022. Nonetheless, the company chose to postpone its launch due to unfavorable conditions in other segments of the digital asset market.
Commercial and central banks from China, Hong Kong, Thailand, the UAE, and Thailand participated in the pilot, which saw the issuance of more over $12 million in value.
Because it acts as the central bank for the 19 member states of the European Union that have embraced the euro, the ECB has an interest in determining the optimum cross-border payment option.
Anonymous, a hacktivist collective, is accused of breaking into the systems of Sberbank, one of Russia's largest financial institutions. On social media, the attackers declared that they had exposed tens of thousands of emails, phone numbers, and addresses.