A new banking draft bill by EU lawmakers proposes that banks assign cryptocurrencies the highest risk weight of 1250% until Dec. 2024. Banks in the European Union must also disclose the business opera...
Tag: assigns
Credit Suisse Reportedly Assigns Zero Lending Value To Adani Group Bonds Following Hindenburg Allegations
Topline Credit Suisse has assigned zero lending value for bonds issued by Adani Group’s listed subsidiaries, Bloomberg reported on Wednesday, a move that will deepen concerns for the beleaguered India...
JPMorgan Assigns Ex-Celsius Exec As Crypto Policy Lead
JPMorgan Chase, a multination investment bank in order to extend its services into the crypto industry has hired a new head of digital assets regulatory policy. This move landed after the bank’s 3rd q...
Palantir jumps as Raymond James assigns PLTR stock a ‘strong buy’
On 21 July, Palantir Technologies (NYSE: PLTR) shares climbed as financial firm and investment bank Raymond James started coverage of the software company, dubbing it a ‘cultural unicorn.’ The firm a...
Uzbekistan Publishes Crypto Regulation Framework, Assigns Supervising Agency
As of Jan. 1, 2023, Uzbekistan residents will be able to buy or sell crypto only on the local exchanges, which must verify the identity of users through a know-your-customer process and store data abo...