WATCH | Standard Bank wants to be a ‘fast follower’, not a leader on crypto | Business

"We move with the world, but you don’t want to be the leaders on some of these things," Lungisa Fuzile, chief executive officer of Standard Bank Group Ltd.’s South Africa business, told Jennifer Zabasajja Thursday in an interview on Bloomberg Television."You want to be fast followers."

Standard Bank, Africa’s largest lender by assets, will instead monitor the evolution of digital currencies while being mindful of the risks. "We are very interested, we manage our explorations carefully, we do them with heightened interest when we collaborate with our regulators and other banks in the system to understand them better," Fuzile said.

Colombia Últimas Noticias, Colombia Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Standard Bank at the forefront of smart agricultural financeSPONSORED | It is critical for Africa’s farmers to understand how climate change affects agriculture and how agriculture influences climate change, says StandardBankZA.
Fuente: FinancialMail - 🏆 20. / 63 Leer más »

New Development Bank to finance projects aimed at addressing power transmission issues - SABC NewsThe New Development Bank, which was founded by BRICS countries in 2015, has announced that it will finance projects that are aimed at addressing electricity transmission capacity in South Africa.
Fuente: SABCNews - 🏆 37. / 51 Leer más »