Samuel Reed, one of the three co-founders of the cryptocurrency derivatives exchange BitMEX, has pled guilty to bank secrecy act violations, specifically for violating the Bank Secrecy Act (BSA), by w...
Tag: Bank
BitMEX co-founder Samuel Reed pleads guilty to Bank Secrecy Act violation
advertisement BitMEX co-founder Samuel Reed has pleaded guilty to violating the US Bank Secrecy Act, according to the Department of Justice. The news, revealed Wednesday morning, follows the announcem...
Aave selected by the central bank of Brazil
A few days ago, Brazil’s central bank, Banco Central do Brasil (BCdB), published the list of nine projects selected to be monitored as part of the initiative related to the development of the Real Dig...
Russian Central Bank Temporarily Suspends Forex Sale
The Central Bank of Russia has issued a new order on Wednesday that immediately suspends banks from selling foreign currencies (forex) until September 9. This move came when the ruble has plunged agai...
Pakistan’s Central Bank Sees Few Good Use Cases for Crypto Citing ‘a Lot of Misuses’ Worldwide – Regulation Bitcoin News
The central bank of Pakistan does not see many good use cases for crypto. However, the regulator cites “a lot of misuses” of cryptocurrency around the world, “including human rights violations, traffi...
Santander Bank to Offer Loans Backed by Tokenised Crop Products
The Argentinian offshoot of Spanish multinational financial services company Banco Santander is on track to start offering a loan product to farmers, which will be based on tokenised agricultural prod...
Crypto Bank Sygnum Singapore Secures Additional Regulatory Approval
Sygnum Singapore – a subsidiary of Switzerland’s Sygnum Bank – received in-principle approval from the country’s top financial regulator to conduct three additional activities. These include providing...
FINRA Fines Deutsche Bank Securities for Best Execution Violations
On Tuesday, the Financial Industry Regulatory Authority (FINRA) said that it had imposed Deutsche Bank Securities a $2 million fine for best execution Execution Execution is the process during which...
Philippine Central Bank Rolls Out Digital Currency
The Philippines is inching closer to issuing a regulated, centralized digital peso after its central bank announced a pilot run called Project CBDCPh. The Covid-19 pandemic proved a turning point for ...
Putin Signs Order to Seize Bank Deposits as Default Looms – Trustnodes
Both Reuters and BBC, citing Russian state TV, report the Russian president Vladimir Putin has signed a new law that allows him to seize the bank deposits of Russians. Reuters limits this to “the bank...
Binance fully resumes euro and pound bank transfers
advertisement Binance said it has now fully resumed bank transfers for account holders in Europe, eight months after suspending the service following pressure from regulators. According to an announce...
VTB Bank Is Preparing to Close European Operations: Report
VTB Bank, which is Russia’s second-largest lender, has decided to wind down its operations in Europe as the bank is struggling with the rampant sanctions of the Western governments, Financial Times re...
Oil Shock Risks Becoming ‘Nightmare’ for India’s Central Bank
(Bloomberg) — The Ukraine war’s impact on global supply chains could force India’s central bank to raise its inflation forecast, but may leave little scope for it to tighten monetary policy amid...
Brazil’s Central Bank innovation programme to include Aave protocol
Aave protocol will be a part of Brazil’s central bank innovation challenge Nine projects have been selected to develop the CBDC in the country They will evaluate the use cases of digital currencies ...
Philippines central bank to launch CBDC research effort
advertisement The Bangko Sentral ng Pilipinas, the central bank of the Philippines, intends to move forward with a research project focused on central bank digital currencies. In a speech transcript p...
Bank Of Russia Still Doesn’t Want Russians To Have Access To Crypto As RUB-BTC Volume Hits Record High ⋆ ZyCrypto
Advertisement     The Central Bank of Russia wants Russians to have nothing to do with crypto. Ruble-Denominated Bitcoin Volume hits 9-Month High. Major exchanges cont...
2019 Right Bank Bordeaux Wines Drinking Well Now
Vines in spring light LAURINE GASSIAN (FACEBOOK: LAURINE DLS) In an article published almost two years ago, when the 2019 Bordeaux vintage wines were poured during April en primeurs tastings, I wrote ...
Left Bank And Entre-Deux-Mers Bordeaux 2019 Wines Taste Superb
Grape vine leaf LAURINE GASSIAN (FACEBOOK: LAURINE DLS) One of two articles I previously wrote on the 2019 vintage during the en primeurs tasting of 2020 (in spring, after the vintage was fermented) m...
Aave to Move Forward in Brazil’s Central Bank Innovation Challenge
The central bank of Brazil revealed on March 3rd that it has picked a total of nine projects to advance in its challenge to develop a central bank digital currency (CBDC). One of the projects is Aave....
Central Bank of Brazil Chooses Nine Institutions to Study Digital Real Possibilities – Bitcoin News
The Central Bank of Brazil and Fenasbac, the National Federation of Associations of Central Bank Servers, decided to select nine projects to monitor and support their different proposals for the appli...
TRM Labs witnesses Investment from Multinational Investment Bank JP Morgan
JP Morgan continues to expand its crypto involvement by investing in TRM Labs, the leading blockchain company. The investment highlights the growing crypto economy and the necessity to develop trust a...
the Central Bank of Russia
Recently, Ukraine has called for “sabotage” of everyday Russians’ crypto assets due to an ongoing war between the two countries. Among many, its European allies have also voiced moun...
Costco, Rivian, Signature Bank, Sweetgreen
Shoppers wearing face masks leave a Costco wholesale store in Washington, D.C. Ting Shen | Xinhua News Agency | Getty Images Check out the companies making headlines in midday trading. Costco — The st...
Brazil’s central bank selects nine CBDC projects to move forward in innovation challenge
advertisement Brazil’s central bank revealed today that it has picked nine projects to move forward in its quest to develop a central bank digital currency (CBDC). The projects will move forward thro...
Rwanda May Not Reach Decision on CBDC Issuance Until End of 2022 — Central Bank Official – Fintech Bitcoin News
The Rwandan central bank may not know whether it can issue a digital currency until December 2022, when it completes a study that looks at the benefits and risks that come with such a currency, the ba...
Bank of Canada raises its key interest rate for the first time since 2018
The Bank of Canada on Wednesday raised its key interest rate from 0.25% to 0.50%, starting a much-awaited cycle of rate hikes to address persistently high inflation. Ukraine war will add to inflation ...
Bitcoin Rises as Visa and MasterCard Shun Russia Amid Capital Controls and Long Bank Queues in Moscow – Trustnodes
Visa and MasterCard have suspended their operations in Russia following the invasion of Ukraine. “We will continue to work with regulators in the days ahead to abide fully by our compliance obligation...
Binance reportedly suspends fiat deposits via some Russian-issued bank cards
Some Russian users trying to deposit fiat or purchase digital assets on crypto exchange Binance stumbled upon a warning message today, informing them that local bank cards are currently not supported....
Bank of Russia to use SBFS as an alternative to SWIFT
The financial institutions in Russia have not been fairing well over the past week due to the economic sanctions that have been imposed on the country by the US and European countries. One of the majo...
European Central Bank President Urges Speedy Approval of New Broad Crypto Regulation
The vote on proposed crypto regulation for the European Union is being delayed just days after the head of the European Central Bank (ECB) urged the legislation’s passage. At an informal meeting last ...
C3.ai Shares Tumble as Deutsche Bank Tells Investors to Sell the Stock
Text size Dreamstime C3.ai shares are taking a beating Friday, pressured by a negative research note from Deutsche Bank analyst Patrick Colville, who cut his rating on the stock to Sell from Hold, wit...