Top U.S. Banks Under Federal Investigation – Here is Why - bank

Top U.S. Banks Under Federal Investigation – Here is Why

Several major banks, including JPMorgan Chase, Bank of America, and Wells Fargo, are under federal scrutiny for handling fraud and scams on Zelle, the instant payments platform.

exbasi.com
U.S. Federal Reserve Hits Customers Bank With Enforcement Action Related to Crypto Services - bank

U.S. Federal Reserve Hits Customers Bank With Enforcement Action Related to Crypto Services

The governing body of the Federal Reserve System has issued an enforcement action against Customers Bancorp, the parent company of state-chartered Customers Bank known for doing business with crypto e

Rhodilee Jean Dolor
Another Top U.S. Bank Set to Introduce Bitcoin ETFs for Clients - bank, bitcoin

Another Top U.S. Bank Set to Introduce Bitcoin ETFs for Clients

After Morgan Stanley announced that it will allow its advisors to offer Bitcoin ETFs to some of their clients, another big american bank followed their example.

exbasi.com
Ethiopia Announces Launch of Forex Auction Sale Days After Birr Float - auction, bank

Ethiopia Announces Launch of Forex Auction Sale Days After Birr Float

The National Bank of Ethiopia (NBE) said it will conduct a special foreign exchange auction on Aug. 7. The Ethiopian central bank envisions similar auctions in the coming weeks, depending on market co

Bitcoin.com
Self-Sovereign Decentralized Identity Is Key To Retail CBDC Adoption - bank, cbdc

Self-Sovereign Decentralized Identity Is Key To Retail CBDC Adoption

In the last few years, a conversation has arisen surrounding the implementation of what is known as Central Bank Digital Currencies, or CBDCs

Alastair Johnson, Contributor
Bank of Japan buoys Bitcoin rally with signal on rates - bitcoin, bank, japan, 2024

Bank of Japan buoys Bitcoin rally with signal on rates

The Bank of Japan signalled Wednesday that it plans no further interest rate increases in 2024.

Callan Quinn
The Impact of Central Bank Digital Currencies (CBDCs) on the Crypto Ecosystem - state, bank

The Impact of Central Bank Digital Currencies (CBDCs) on the Crypto Ecosystem

I. Introduction A brief definition of CBDCs CBDCs are digitized versions of national fiat money directly controlled by a country’s central bank. While Bitcoin and Ethereum remain decentralized virtual

exbasi.com
Polymarket targeted as US lawmakers push to ban election gambling - ban

Polymarket targeted as US lawmakers push to ban election gambling

A group of U.S. lawmakers, led by Oregon Senator Jeff Merkley, has called on the Commodity Futures Trading Commission to ban gambling on American elections. The lawmakers, including Senators Richard B

Micah Zimmerman
ban
Xapo Bank to Offer Interest-Bearing Bitcoin Accounts in UK - bank, bitcoin

Xapo Bank to Offer Interest-Bearing Bitcoin Accounts in UK

Coinspeaker Xapo Bank to Offer Interest-Bearing Bitcoin Accounts in UK Xapo Bank offers a unique 1% interest yield on Bitcoin without the need for staking, lending, or locking up assets. Xapo Bank to

Bena Ilyas
XRP Bollinger Bands Support Breaks, What’s Next for Investors? - xrp, bands

XRP Bollinger Bands Support Breaks, What’s Next for Investors?

XRP currently trades at a critical juncture amid a market crash that has pushed prices below the significant support provided… The post XRP Bollinger Bands Support Breaks, What’s Next for Investors? f

Sam Wisdom Raphael
Morgan Stanley’s Wealth Advisors to Offer Bitcoin ETFs - sec, crypto, bitcoin, galaxy, bank, ibit, ethereum

Morgan Stanley’s Wealth Advisors to Offer Bitcoin ETFs

Morgan Stanley announced on Friday that it will soon allow its financial advisors to offer Bitcoin ETFs to certain clients, making it the first major Wall Street bank to do so. Starting Wednesday, the

Daria Krasnova
New System Provides Real-Time Tracking of Stablecoin Assets and Liabilities - time, real, new, bank

New System Provides Real-Time Tracking of Stablecoin Assets and Liabilities

The Bank for International Settlements and the Bank of England have introduced a new system called Pyxtrial, designed to provide near real-time insights into the liabilities and assets backing stablec

exbasi.com
UK Central Bank, BIS Showcase Project for Monitoring Stablecoin - bis, bank

UK Central Bank, BIS Showcase Project for Monitoring Stablecoin

Pyxtrial includes features that allow supervisors to pull data directly from issuers' systems to verify on-chain liabilities for stablecoins.

Sebastian Sinclair
Bank of England Announces Experiments with Wholesale CBDCs and DLT - bank, dlt, boe

Bank of England Announces Experiments with Wholesale CBDCs and DLT

TLDR The Bank of England (BoE) plans to conduct experiments with wholesale CBDCs and distributed ledger technology The experiments will test settlement capacity, interoperability, and various transact

Oliver Dale
M2 Allows UAE Residents to Trade Bitcoin and Ethereum Using Bank Accounts - bitcoin, m2, bank

M2 Allows UAE Residents to Trade Bitcoin and Ethereum Using Bank Accounts

M2 allows UAE residents to trade Bitcoin and Ethereum using bank accounts. The new integration enables quick adaptation to market changes. Continue Reading:M2 Allows UAE Residents to Trade Bitcoin and

COINTURK NEWS
Bank of Russia eyes full-scale digital ruble launch by next July - bank, launch

Bank of Russia eyes full-scale digital ruble launch by next July

The Bank of Russia is set to launch the digital ruble for widespread use by July 2025, following successful pilot tests. Russia’s central bank, the Bank of Russia, could launch its central bank digita

Denis Omelchenko
Philippines Plans to Introduce Wholesale CBDC by 2029 - bsp, bank, cbdc

Philippines Plans to Introduce Wholesale CBDC by 2029

Bangko Sentral ng Pilipinas (BSP) plans to introduce its wholesale central bank digital currency (CBDC) by 2029. The Philippine central bank’s CBDC initiative is near its proof-of-concept completion.

Kevin Helms
CBDC: COTI Selected for Bank of Israel’s Digital Shekel Challenge - cbdc, bank

CBDC: COTI Selected for Bank of Israel’s Digital Shekel Challenge

COTI, along with 14 other fintech firms, has been selected to participate in the Bank of Israel’s Digital Shekel Challenge, which aims to explore the feasibility of a central bank digital currency (CB

exbasi.com
Coinbase Upgraded to Buy From Neutral on Improving Regulatory Risk: Citi - buy, bank

Coinbase Upgraded to Buy From Neutral on Improving Regulatory Risk: Citi

The Wall Street bank increased its price target on the crypto exchange’s shares to $345 from $260.

exbasi.com
Nigeria Acts to Defend Naira After Currency Hits New Record Low - bank

Nigeria Acts to Defend Naira After Currency Hits New Record Low

The Central Bank of Nigeria recently sold U.S. dollars to Bureaux de Change (BDC) at a flat rate of NGN1,450 per greenback. The central bank stated that eligible BDCs can sell the dollars to end-users

Terence Zimwara