The Central Bank of Brazil disclosed a new set of use cases that will be part of the second phase of the ongoing pilot of its drex CBDC. Among the 13 instances selected from the 46 presented are platforms for tokenizing real estate, liquidity pools f
JUP currently trades between the lower and middle Bollinger Bands. The price sits above $0.6383 (lower band), which provides support.
UTB faces a 90-day deadline to overhaul its AML and risk management programs, following an investigation into its crypto clientele practices.
Crypto trading is quite difficult for newbies or investors to get into it without any third-party dealer. Making sense of charts and tracking the waves of market fluctuations to make timely decisions is too time-consuming and exhausting. However, in
Zambia’s latest move to restrict foreign currency use in domestic transactions is aimed at stabilizing its currency, the kwacha, according to central bank Governor Denny Kalyalya. The Bank of Zambia announced this initiative in June and is still cons
A US regulator says a former JPMorgan Chase employee has admitted to stealing thousands of dollars from customers’ accounts and from the bank’s ATMs. The Office of the Comptroller of the Currency (OCC) says Roberto Garcia, a former Chase personal ban
Sites, apps, and governments often block access regionally, requiring technical tools to get around them.
Brazil's Central Bank has selected 13 themes for the second phase of its Central Bank Digital Currency (CBDC) pilot, Drex, focusing on testing financial services through smart contracts managed by third parties.
The Federal Reserve issued a cease and desist order to United Texas Bank (UTB) on Aug. 29, directing it to stop offering crypto services. The order follows an examination concluded by the Federal Reserve Bank of Dallas and the Texas Department of Ban
The post Binance Bans CZ for Life After $50M Fine and Jail Time – What’s Next? appeared first on Coinpedia Fintech News Binance founder and former CEO Changpeng Zhao a.k.a CZ has been banned from Binance for lifetime. Initial reports suggested that t
The Fed has recently flagged serious issues with a Texas bank’s crypto operations. At this point in time,…
The Central Bank of Brazil has hinted at implementing artificial intelligence (AI) and data monetization processes into Drex, its central bank digital currency (CBDC). In a recent presentation, Roberto Campos Neto, the Central Bank of Brazil’s presid
The US Federal Reserve said it identified “significant deficiencies” in the bank’s dealings with crypto clients and its risk management procedures.
The Federal Reserve issued a cease-and-desist order to United Texas Bank for major compliance deficiencies in anti-money laundering regulations concerning its crypto clients.
In a recent press release, the Central Bank of Argentina acknowledged sending part of its gold holdings abroad, stating that it had “recalibrated” the nation’s gold between its accounts. The institution faced criticism from some lawmakers who are con
Dallas-based United Texas Bank becomes the latest crypto-friendly bank in the crosshairs of the Federal Reserve.
The Bank of Canada cuts interest rates by 25 basis points as inflation cools. The bank cited cooling inflation pressures and economic growth in line with previous projections. Crypto enthusiasts are keen on the markets as Bitcoin bulls look ahead for
Zurich Cantonal Bank will take on the function of securely storing the private keys for its customers, according to exec Alexandra Scriba.
Zurich Cantonal Bank (ZKB), the biggest cantonal Swiss bank, on Wednesday announced that it is launching Bitcoin and Ethereum crypto offerings. The banking giant revealed in a press release that its customers can now partake in crypto trading 24×7 di
Libya’s central bank governor, Sadiq al-Kabir, has fled the country due to threats and intimidation from armed militias. He claims that these actions are aimed at forcing him and other bank staff to return to work and comply with the interim Prime Mi