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Digital assets and currencies

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Finance

Asylum, Migration and Integration Fund

The European Commission's Asylum, Migration and Integration Fund (previously the Return Fund, the Refugee Fund, and the Integration Fund) is a funding programme managed by the Directorate-General for Migration and Home Affairs which promotes the efficient management of migration flows and the implementation, strengthening and development of a common approach to asylum and immigration in

Fiat currencies

Avignon Exchange

The Avignon Exchange was one of the first foreign exchange markets in history, established in the Comtat Venaissin during the Avignon Papacy. The Exchange was composed of the agents (factores) of the great Italian banking-houses, who acted as money-changers as well as financial intermediaries between the Apostolic Camera and its debtors and creditors. The most prosperous quarter of the c

Payments & settlement

Bills of credit

Bills of credit are documents similar to banknotes issued by a government that represent a government's indebtedness to the holder. They are typically designed to circulate as currency or currency substitutes. Bills of credit are mentioned in Article One, Section 10, Clause One (also known as the Contract Clause) of the United States Constitution, where their issuance by state governme

Trading basics

Capital Markets Union

The Capital Markets Union (CMU) is an economic policy initiative launched by the former president of the European Commission, Jean-Claude Juncker in the initial exposition of his policy agenda on 15 July 2014. The main target was to create a single market for capital in the whole territory of the EU by the end of 2019. The reasoning behind the idea was to address the issue that corporate

Banking

Central bank independence

Central bank independence refers to the degree of autonomy and freedom a central bank has in conducting its monetary policy and managing the financial system and inflation targeting. The purpose of central bank independence is to maintain price stability, enhance the effectiveness of monetary policy, and ensure the stability of the financial system. Independent central banks have more cr

Finance

Central Zone of São Paulo

The Central Zone (Portuguese: Zona Central de São Paulo) is an administrative zone of the city of São Paulo, Brazil.

Fiat currencies

Crawling peg

In macroeconomics, crawling peg is an exchange rate regime that allows currency depreciation or appreciation to happen gradually. It is usually seen as a part of a fixed exchange rate regime.

Trading basics

Cross-Border Interbank Payment System

The Cross-border Interbank Payment System (CIPS; Chinese: 跨境银行间支付清算有限责任公司) is a Chinese payment system that offers clearing and settlement services for its participants in cross-border renminbi (RMB) payments and trade. CIPS is backed by the People's Bank of China and was launched in 2015 as part of a policy effort to internationalize the use of China's currency.

Finance

Cryptocurrencies in Puerto Rico

With the arrival of several figures led by Brock Pierce following the passing of hurricane Maria in 2017, cryptocurrency became an issue of media and economic interest in the Caribbean archipelago of Puerto Rico. These traders relocated to the island motivated by the tax incentives provided by Act 20-2012 and Act 22-2012 (both now part of as Act 60–2019) and the tropical setting. They cl

Trading basics

CUSIP

A CUSIP () is a nine-character numeric or alphanumeric code that uniquely identifies a North American financial security for the purposes of facilitating clearing and settlement of trades. All CUSIP identifiers are fungible, which means that a unique CUSIP identifier for each individual security stays the same, regardless of the exchange where the shares were purchased or venue on which

Finance

Department of Budget and Management

The Department of Budget and Management (DBM; Filipino: Kagawaran ng Badyet at Pamamahala) is an executive body under the Office of the President of the Philippines. It is responsible for the sound and efficient use of government resources for national development and also as an instrument for the meeting of national socio-economic and political development goals.

Finance

Economy monetization

The economy monetization is a metric of the national economy, reflecting its saturation with liquid assets. The level of monetization is determined both by the development of the national financial system and by the whole economy. The monetization of economy also determines the freedom of capital movement. Economists have long recognized the important role played by the money supply. Nev

Finance

Equivalence in financial services

The principle of equivalence in financial services at the European Union (EU) level is one of the instruments the Commission has at its disposal to carry out its international strategy for financial services. The principle of equivalence is materialised through an equivalence decision issued by the European Commission to a targeted country that it judges fit to have access to the Europea

Trading basics

European Securities and Markets Authority

The European Securities and Markets Authority (ESMA) is an agency of the European Union located in Paris. ESMA replaced the Committee of European Securities Regulators (CESR) on 1 January 2011. It is one of three European Supervisory Authorities set up within the European System of Financial Supervision in Paris, together with the European Banking Authority (EBA) also in Paris and the Eu

Finance

European Systemic Risk Board

The European Systemic Risk Board (ESRB) is a group established on 16 December 2010 in response to the euro area crisis. It is tasked with the macro-prudential oversight of the financial system within the European Union in order to contribute to the prevention or mitigation of systemic risks to financial stability in the EU. It shall contribute to the smooth functioning of the internal ma

Finance

Financial Guard (Romania)

The Financial Guard (Romanian: Garda Financiară) was the control agency, subordinated to the National Agency for Fiscal Administration (ANAF), with a mandate to control the financial, economic and customs domains to prevent and sanction the tax evasion and tax-related fraud according to the legislation in effect. The institution was headed by a civil servant, having the mandate of the C

Finance

Financial regulation

Financial regulation is a broad set of policies that apply to the financial sector in most jurisdictions, justified by two main features of finance: systemic risk, which implies that the failure of financial firms involves public interest considerations; and information asymmetry, which justifies curbs on freedom of contract in selected areas of financial services, particularly those tha

Finance

Freedom Holding

Freedom Holding Corp. is an American investment conglomerate headquartered in Almaty, Kazakhstan. Founded in 2008 by Timur Turlov in the United States, the company provides a range of services in retail financial securities brokerage and trading, asset management, capital markets, investment research and counseling, investment banking and underwriting services, mortgages, insurance, bank

Banking

Gold repatriation

Gold repatriation is the process by which governments and central banks relocate sovereign gold reserves from foreign vaults back to domestic storage. Historically driven by bilateral trade reallocations or immediate security concerns, modern gold repatriation has evolved into an accelerating global trend. According to annual surveys by the World Gold Council, the proportion of central b

Payments & settlement

Google Checkout

Google Checkout was an online payment processing service provided by Google aimed at simplifying the process of paying for online purchases. The web checkout service was combined with the NFC mobile payments app launched in September of 2011 called Google Wallet under a platform brand of the same name. On November 20, 2013, the web checkout part of the service was fully retired.

Payments & settlement

Google Pay (payment method)

Google Pay (formerly Android Pay) is a mobile payment service developed by Google to power in-app, online, and in-person contactless purchases on mobile devices, enabling users to make payments with Android phones or Wear OS watches, in addition to only online & in-app purchases on Android tablets and Android/ChromeOS laptops. Users can authenticate via a PIN, passcode, or biometrics suc

Payments & settlement

Google Pay Send

Google Pay Send, previously known as Google Wallet, was a peer-to-peer payments service developed by Google before its merger into Google Pay. It allowed people to send and receive money from a mobile device or desktop computer.

Finance

Grey (company)

Grey, formerly known as Aboki Africa, is a financial technology company headquartered in Delaware, US. Founded in 2020 by Idorenyin Obong and Femi Aghedo during the global pandemic of 2020, the company focuses on creating global financial products for digital nomads. Grey is registered and licensed in Canada by FinTrac and the USA by FinCen and operates in the financial service market.

Finance

History of money

The history of money is the development over time of systems for the exchange of goods and services. Money is a means of fulfilling these functions indirectly and in general rather than directly, as with barter.

Payments & settlement

Interac

Interac is a Canadian interbank network that links financial institutions and other enterprises for the purpose of exchanging electronic financial transactions. Interac serves as the Canadian debit card system and the predominant funds transfer network via its e-Transfer service. There are over 59,000 automated teller machines that can be accessed through the Interac network in Canada, a

Finance

Kabutochō

Kabutochō (Japanese: 兜町), or more formally Nihonbashi Kabutochō (Japanese: 日本橋兜町), is a neighborhood of Nihonbashi, Chuo-ku, Tokyo, Japan. It is the location of the Tokyo Stock Exchange and many securities companies, so is considered Japan's equivalent of Wall Street in New York City.

Finance

Ministry of Economy and Finance (Ecuador)

The Ministry of Economy and Finance is a cabinet ministry of the government of Ecuador responsible for overseeing the nation's public finances. The current minister is Sariha Moya since 2025.

Finance

Ministry of Economy and Finance (Guinea)

The Ministry of Economy and Finance of Guinea is a department of the Government of Guinea in charge of public finances of Guinea.

Finance

Ministry of Economy and Finance (Peru)

The Ministry of Economy and Finance (Spanish: Ministerio de Economía y Finanzas, MEF) of Peru is the government ministry responsible for the planning and execution of economic policies of the Peruvian government with the goal of optimizing the economic and financial activities of the state, establish macroeconomic activity, and achieve the sustainable growth of the nation's economy.

Finance

Ministry of Economy and Finance (Venezuela)

The Ministry of Economy and Finance (Ministerio del Poder Popular de Economía y Finanzas, in Spanish, literally, "Ministry of People's Power for the Economy and Finance") is a ministry of the government of Venezuela with similar portfolios dating back to 1810 with the creation of a tax office. When Gran Colombia was dissolved and Venezuela assumed its independence, the Ministry of Financ

Finance

Ministry of Finance (Chile)

The Ministry of Finance (Spanish: Ministerio de Hacienda) is the cabinet-level administrative office in charge of managing the financial affairs, fiscal policy, and capital markets of Chile; planning, directing, coordinating, executing, controlling and informing all financial policies formulated by the President of Chile.

Finance

Ministry of Finance (Japan)

The Ministry of Finance (財務省, Zaimu-shō) is one of the cabinet-level ministries of the Japanese government. The ministry was named the Ōkura-shō (大蔵省) until 2001. The Ministry is headed by the Minister of Finance (財務大臣, Zaimu-daijin), who is a member of the Cabinet and is typically chosen from members of the Diet by the Prime Minister.

Finance

Ministry of Finance (Mauritania)

The Ministry of Finance ((in French) Ministère des Finances) is the government ministry responsible for governing and managing the economy, national budget, public finances, and the financial activity of Mauritania.

Finance

Ministry of Finance (Portugal)

The Ministry of Finance, officially the Ministry of State and Finance, is a Portuguese government ministry.

Finance

Ministry of Finance (Suriname)

The Ministry of Finance and Planning (Dutch: Ministerie van Financiën en Planning) of Suriname is a government agency charged with the fiscal and financial implementation of government policies.

Finance

Ministry of Finance and Economy (Dominican Republic)

The Ministry of Finance and Economy of the Dominican Republic (Spanish: Ministerio de Hacienda y Economía de la República Dominicana, MHE) also known as Treasury (Spanish: Hacienda), is the government institution in charge of preparing, executing and evaluating the country's fiscal policies, including national income, expenses and finance and securing its sustainability in relation to t

Finance

Ministry of Public Finance

The Ministry of Public Finance (Spanish: Ministerio de Finanzas Públicas or MINFIN) is a government ministry of Guatemala in charge of fiscal policy and public finances.

Fiat currencies

Monetary/fiscal debate

The monetary/fiscal policy debate, otherwise known as the Ando–Modigliani/Friedman–Meiselman debate (or AM/FM debate from the main instigators' initials, and for this reason sometimes jokingly called the "radio stations debate"), was the exchange of viewpoints about the comparative efficiency of monetary policies and fiscal policies that originated with a work co-authored by Milton Fried

Fiat currencies

Money

Money is any item or verifiable record that is generally accepted as payment for goods and services and repayment of debts, such as taxes, in a particular country or socio-economic context. The primary functions which distinguish money are: medium of exchange, a unit of account, a store of value and sometimes, a standard of deferred payment.

Finance

Net capital outflow

Net capital outflow (NCO) is the net flow of funds being invested abroad by a country during a certain period of time (usually a year). A positive NCO means that the country invests outside more than the world invests in it. NCO is one of two major ways of characterizing the nature of a country's financial and economic interaction with the other parts of the world (the other being the ba

Finance

Nihonbashi

Nihonbashi (日本橋, Nihonbashi; Japanese pronunciation: [ɲ̟ì.hó̞ḿ.bä́.ɕí], also romanized as Nihombashi) is a business district of Chūō, Tokyo, Japan, which sprung up around the bridge of the same name that has linked two sides of the Nihonbashi River at this site since the 17th century. The first wooden bridge was completed in 1603. The current bridge, designed by Tsumaki Yorinaka and co

Networks

Odysee

Odysee is an American video hosting platform which uses a combination of decentralized servers and the LBRY blockchain. The service was created in December 2020. The site is based on a broad interpretation of the concept of freedom of speech.

Finance

Paulista Avenue

Paulista Avenue (Avenida Paulista in Portuguese, Paulista being the demonym for those born in the state of São Paulo) is one of the most important avenues in São Paulo, Brazil. It stretches 2.8 kilometres (1.7 mi) and runs northwest to southeast. Its northwest point is Praça Marechal Cordeiro de Farias at its intersection with Rua da Consolação and its southeast point is Praça Oswaldo C

Trading basics

Polymarket

Polymarket is an American cryptocurrency-based prediction market which offers a platform where individuals can place bets on future outcomes, including sports matches, economic indicators, weather patterns, awards, political and legislative outcomes, and military conflicts. Participants can deposit cryptocurrency through the Polygon blockchain network and trade shares that represent the

Assets

Regulation of cryptocurrency

The regulation of cryptocurrency constitutes regulatory, legal and political actions taken by various governments to regulate and oversee the development and adoption of bitcoin, cryptocurrencies and blockchain technologies. Restrictions on cryptocurrency have been motivated by concerns regarding financial stability, consumer protection, national security, and enforcing laws against mon

Payments & settlement

SADAD

The SADAD payment system was established by the Saudi Central Bank (SAMA) to be the national electronic bill presentment and payment (EBPP) service provider for the Kingdom of Saudi Arabia (KSA). The core mandate for SADAD is to facilitate and streamline bill payment transactions of end consumers through all channels of the KSA (Kingdom of Saudi Arabia) Banks. SADAD was launched on June

Finance

San Isidro District, Lima

San Isidro (Spanish: [ˌsan iˈsidɾo]; lit. 'Saint Isidore') is a district of Lima, Peru. Created in 1931, it is an upscale part of the city's west central area, with about 600 meters of coastline. In recent years, it has become a major financial quarter, as many banks and businesses left downtown Lima to set up their headquarters in modern office blocks. It is inhabited by mostly upper mi

Fiat currencies

United States dollar

The United States dollar (symbol: $; currency code: USD) is the official currency of the United States (U.S.) and several other countries. The U.S. Coinage Act of 1792 established the dollar as the base unit, with each dollar divided into 100 cents (symbol: ¢). U.S. banknotes are issued in the form of Federal Reserve Notes, popularly called greenbacks due to their predominantly green col