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.
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.
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
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.
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
In the last few years, a conversation has arisen surrounding the implementation of what is known as Central Bank Digital Currencies, or CBDCs
The Bank of Japan signalled Wednesday that it plans no further interest rate increases in 2024.
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
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
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
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
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
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
Pyxtrial includes features that allow supervisors to pull data directly from issuers' systems to verify on-chain liabilities for stablecoins.
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
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
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
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.
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
The Wall Street bank increased its price target on the crypto exchange’s shares to $345 from $260.
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