[Jun 10, 2024 9:45 PM] Blockchain Australia is now the Digital Economic Council of Australia (DECA) with a membership category for banks, most of which have blocked crypto exchanges.
[Jun 9, 2024 6:45 PM] Moody’s has initiated a review for potential downgrades of six U.S. regional banks due to their considerable exposure to commercial real estate (CRE) loans. Moody’s Corporation, established in 1909 and recognized as one of the…
[Jun 5, 2024 8:25 AM] Bitcoin price may be closer to the big milestone $100,000 mark than many realize, as a looming banking crisis could see BTC become the new “safe haven asset.”
[May 31, 2024 7:42 AM] The EU's top financial regulator, ESMA, mandates that banks and investment firms ensure AI tools prioritize client interests, reinforcing accountability under MiFID.
[May 23, 2024 4:17 PM] President Joe Biden has ten days, excluding Sundays, to decide whether he wants to follow through on his threat to veto H.J.Res.109.
[May 17, 2024 4:09 AM] While Hong Kong residents can sign up for a digital yuan wallet with a phone number, the CBDC is currently restricted to cross-border transactions and cannot be used for person-to-person transfers within Hong Kong.
[May 15, 2024 7:20 PM] The SEC’s proposed crypto custody rule and its “hostility” to the industry isn’t in Joe Biden’s “best interests,” Representative Wiley Nickel told Gary Gensler.
[May 14, 2024 6:29 AM] Deutsche Bank joined Singapore’s tokenization project soon after reiterating skepticism about transparency about the world’s largest stablecoin, Tether.
[May 10, 2024 11:09 AM] The bank reported holding $143,111 worth of shares of the ProShares Bitcoin Strategy ETF, Grayscale Bitcoin Trust and Bitcoin Depot.
[May 7, 2024 9:58 AM] It is often said that Bitcoin allows anyone to be their own bank. If you know anything about Bitcoin’s ethos and underlying tech, you’ve likely heard of this concept before. But do you know exactly how that works and why Bitcoin is more suitable as…
[May 3, 2024 12:34 PM] Following the dramatic bank failures last year and the recent collapse of Philadelphia’s Republic First Bank last week, an analysis by Klaros Group indicates that hundreds of U.S. banks are at risk of failure. The study reveals that smaller and…
[May 2, 2024 4:10 AM] BNP Paribas, the second largest European bank, has purchased exposure to Bitcoin via a spot ETF, per recent 13F filings with the SEC . The filings show BNP Paribas bought BlackRock's iShares Bitcoin Trust ETF (IBIT).JUST IN: Second largest…
[Apr 27, 2024 8:36 AM] In the wake of a turbulent period for U.S. banks, the Pennsylvania Department of Banking and Securities has shut down Philadelphia-based Republic First Bank, also known as Republic Bank. The Federal Deposit Insurance Corporation (FDIC) has stepped…
[Apr 1, 2024 12:10 AM] XRP holders are facing mixed signals. While the digital asset boasts nearly 20% in gains over the past year, significantly outperforming traditional savings accounts, its recent performance pales in comparison to other cryptocurrencies. After a…
[Mar 10, 2024 1:00 AM] This weekend, many are intrigued by the potential outcomes following the cessation of the U.S. Federal Reserve’s Bank Term Funding Program (BTFP), launched amidst the significant banking collapses in March 2023. Some argue that the banking…
[Feb 8, 2024 7:30 AM] Just one week following a dramatic plunge in New York Community Bancorp’s shares, which tumbled 40% in a single day at January’s close, Moody’s Investors Service downgraded the bank’s credit rating to junk status. The bank’s…
[Feb 1, 2024 12:30 PM] Following the U.S. central bank’s decision to keep the federal funds rate unchanged, the turbulence in the commercial real estate market has sent shockwaves through the country’s banking sector and internationally as well. On Thursday…
[Jan 31, 2024 12:30 PM] New York Community Bancorp (NYCB) faced significant challenges on Wednesday, with its shares plummeting by over 40%, prompting a halt in trading. Currently, NYCB shares have experienced a decline of just above 36%, trading at $6.61 per share. Last…
[Jan 30, 2024 3:26 AM] The move may reflect users' unease about Binance's regulatory dispute in the U.S. which saw it landed with a $4.3 billion fine in November.
[Jan 4, 2024 5:19 AM] Nigerian banks are still restricted from holding or trading crypto on their own behalf, despite regulators’ softening stance toward digital assets.
[Dec 28, 2023 12:30 AM] The U.S. economy experienced an interesting year in 2023, marked by unprecedented upheaval within the American banking sector due to the combined collapse of three major banks, the largest the nation has historically seen. Amidst this chaos, crypto…
[Dec 13, 2023 4:41 AM] BTC proponents argued to Jimmy Wales that banks may work, but they’re not available to everyone, and that storing BTC personally and storing fiat via banks are two different things.
[Dec 5, 2023 5:03 AM] The unsecured bond has a value of 10 million euros and a maturity of three years, with all the proceeds going for eligible green activities investments.
[Dec 4, 2023 6:12 AM] Brazilian bank Itau Unibanco has reportedly launched a cryptocurrency trading service for its clients as part of its investment platform.
[Nov 30, 2023 6:00 PM] Seba’s new name, Amina, stems from “transamination,” meaning transference of one compound to another, symbolizing bringing different types of banking together.
[Nov 28, 2023 4:52 AM] The enterprise mainnet provides the scalability to add applications to a network with a KYC-compliant set of institutional banks, broker-dealers and asset managers.
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