Deutsche Bank has invested in German artificial intelligence (AI) startup Aleph Alpha. The bank aims to leverage AI for operational efficiency and regulatory compliance. Deutsche Bank: Perfect Partner for AI Innovation Strategy German financial servi
Russian authorities plan to ban crypto mining in some regions, including occupied Ukrainian territories, as they prepare for winter.
Nepal’s Financial Intelligence Unit (FIU), in its Strategic Analysis Report 2024, revealed that the country’s blanket ban on crypto trading has become a significant obstacle for fraud victims seeking to report their cases to authorities. Digital Asse
Six US banks are reporting potential security breaches of debit cards, with several forcing affected customers to get replacements. In new filings with the Massachusetts state government, Mainstreet Bank, Savers Bank, The Village Bank, Watertown Savi
The Hong Kong Monetary Authority has warned crypto firms against misusing the term "bank" in their marketing, emphasizing that only licensed institutions can legally use this terminology to avoid misleading consumers and violating the Banking Ordinan
Hong Kong’s central bank said that it’s illegal for unlicensed companies to represent themselves as banks in Hong Kong.
Hong Kong-based crypto exchange HashKey’s head executive sparked significant market discussions surrounding China’s crypto ban upliftment following Donald Trump’s recent win in the U.S. elections. Xiao Feng, the exchange’s chairman and CEO, expressed
Major South Korean bank, NongHyup Bank, is working on a crypto prototype to tokenize its VAT and other tax refund processes.
Warren is behind a bill that would extend Bank Secrecy Act requirements to miners, validators and wallet providers.
The United States dollar has lost approximately 96% of its value since the Federal Reserve Bank was established in 1913.
JPMorgan Chase is refusing to pay a monthly pension to a widow whose husband worked at the bank for 10 years before his untimely death. Elaine Silverberg’s departed spouse Melvyn worked as a systems analyst at Chase Manhattan Bank from 1969 to 1979,
The Reserve Bank of Australia has launched a consultation on Project Acacia, exploring wholesale central bank digital currency and tokenized asset markets. Australia‘s central bank, the Reserve Bank of Australia, alongside the Digital Finance Coopera
Despite the substantial growth of crypto prices in recent years, Switzerland remains wary of virtual currencies, said Swiss National Bank Chairman Martin Schlegel. The Swiss National Bank remains cautious about crypto as Chairman Martin Schlegel stre
Polymarket faces a potential ban in France over election prediction activities. Users expect a $450 million rise in payouts following Trump's possible victory. Continue Reading:Polymarket Faces Ban Risk in France Due to 2024 U.S. Presidential Electio
Citi’s US equity strategist says the bank will be looking for trading opportunities this week on election-induced market volatility. Speaking in a new interview on CNBC’s Squawk Box, Citi’s Scott Chronert says that the S&P 500 is mostly fair valu
Bahrain-backed Singapore Gulf Bank has launched digital asset custody and trading services, positioning Bahrain as a hub for digital finance and connecting Asian and Middle Eastern markets. Bahrain Aims to Connect Asian and MENA Markets Bahrain-backe
Federal law enforcements were able to recover $8.3 million investors lost in a crypto embezzlement case involving the CEO of a Kansas bank. According to an Associated Press report, the Federal Bureau of Investigation managed to recover the lost funds
Oxfam reveals $24 billion in climate funds missing from the World Bank. Transparency issues hinder effectiveness assessments in climate financing. Continue Reading:Oxfam Highlights $24 Billion Missing in Climate Funds from the World Bank The post Oxf
Oxfam reveals $24 billion missing from World Bank climate funds. The World Bank faces criticism for a lack of transparency. Continue Reading:Oxfam Reports Missing Climate Funds from the World Bank The post Oxfam Reports Missing Climate Funds from the
Oxfam highlights $24 billion missing in climate funding from the World Bank. Lack of transparency hinders effective evaluation of climate finance initiatives. Continue Reading:Oxfam Reveals Missing Climate Funding at the World Bank The post Oxfam Rev