1 / 14 Relevant items tagged with #banks

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Buy Bitcoin, Ditch The Banks Before It’s Too Late—Kiyosaki

[May 20 7:00 PM] Financial writer Robert Kiyosaki urges investors to consider assets like Bitcoin, gold and silver to protect their savings. He argues that these traditional forms of money are better shields against what he calls “mounting financial risks.”…

Swift to Pilot Digital Asset and Currency Transactions in 2025

[Oct 6, 2024 11:30 PM] Swift will begin live trials for digital asset and currency transactions in 2025, engaging banks across North America, Europe, and Asia in a major step toward real-world applications. By leveraging its existing network, Swift aims to merge digital…

Lawmaker Flags Concerns Over SEC’s Crypto Approach

[Sep 18, 2024 10:30 PM] Congressman French Hill has raised concerns over the U.S. Securities and Exchange Commission (SEC)’s handling of digital asset regulations, criticizing Chairman Gary Gensler’s leadership for creating legal uncertainty and a politicized…

FBI Warns of Growing $55 Billion Business Email Scam

[Sep 13, 2024 11:20 AM] The Federal Bureau of Investigation (FBI) has warned of a rising business email compromise (BEC) threat, responsible for $55 billion in global losses over a decade. The scam has affected all 50 U.S. states and 186 countries, with funds frequently…

US Banking Regulator Calls for Stronger Oversight of Crypto Risks

[Sep 5, 2024 5:30 AM] Acting Comptroller Michael Hsu has emphasized the importance of proactive oversight in managing crypto risks. He cited the 2022 crypto market collapse, with a $2 trillion loss, where effective supervision kept banks stable. Hsu emphasized the need…