Cryptocurrency development has brought billions of people into trading. However, it has also brought thousands of cases of crypto fraud because of lacking crypto regulations. And this is what this former Kansas Bank CEO has done. However, the jurisdi
The actions of Shan Hanes subsequently led the bank to fail at a “complete loss of equity for investors,” according to a Monday statement.
The Bank of Ghana (BoG) has published a set of regulations for the use of cryptocurrencies in the country.
A busy week lies ahead on the economic calendar in the United States, with investors eyeing a central bank policymaker meeting on Wednesday.
Model and self-proclaimed “human barbie doll” Jessica Alves says her bank account has been terminated because she’s on OnlyFans. Alves says she received an account closure notice from Barclays in the
Citigroup’s head of digital assets Shobhit Maini is leaving the bank to pursue an “entrepreneurial opportunity” in the crypto space. Shobhit Maini, global head of digital assets in Citigroup’s market
Xapo Bank combines MPC technology and atomic bunkers to offer secure Bitcoin custody, aiming to enhance digital asset protection and revolutionize Bitcoin banking.
The Federal Reserve is cracking down on Customers Bancorp, a bank known for its crypto-friendly approach, forcing it to jump through new hoops before it can continue catering to the crypto industry. A
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
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
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