While the UK government and Bank of England are pushing forward their exploration of a retail digital pound, work on a wholesale solution is also a priority — and a far more certain one. “The qu...
Tag: Bank
Nikkei 225 price forecast amid a new Bank of Japan Governor
Japan is in the spotlight these days as the Bank of Japan is about to change its leadership. Haruhiko Kuroda was the mastermind behind the extreme easing taking place in Japan for the last decade, and...
MakerDAO Rejects $100 Million Loan To Cogent Bank –
Join Our Telegram channel to stay up to date on breaking news coverage The MakerDAO community has turned down Cogent bank’s proposal to borrow $100 million from the platform. According to the decentra...
Guotai Junan partners with Saxo Bank for Southeast Asia expansion
According to a statement made by Saxo Bank, it has now collaborated with Guotai Junan in a strategic partnership that will help the latter further its expansion in the South-East Asian region. The str...
G20 Finance Chiefs Widely Recognize Crypto Poses Major Financial Stability Risks, Says Indian Central Bank Governor – Regulation Bitcoin News
The G20 finance ministers and central bank governors recognize that cryptocurrencies pose major risks to financial stability, monetary systems, and cyber security, India’s central bank governor report...
Germany-based DZ Bank To Provide Crypto Custody Services
Bitcoin News The bank had assets of almost $315 billion (€297 billion) by the end of 2022. DZ Bank plans to include Metaco’s key product, Harmonize. DZ Bank is a subsidiary of Volksbanken Raiffeisenba...
IMF offers Jordan’s central bank recommendations for implementing retail CBDC
The Central Bank of Jordan is closer to its next step toward a retail central bank digital currency (rCBDC) with the completion of an International Monetary Fund technical report on the country’s mark...
SEC Triggers Billion-dollar ‘Bank Run’ on Binance’s BUSD
It has been a rough ride for Binance-owned stablecoin BUSD since Paxos received a Wells notice from the SEC. In a company email last week, Paxos noted that since its decision to halt minting the crypt...
DeFi ‘fragility’ causes and cures explored in highly technical Bank of Canada study
The Bank of Canada has released a working paper that examines lending protocols in decentralized finance with regard to sources of instability and their relation to crypto asset prices. Its findings p...
DZ Bank to Integrate Digital Currencies Into Asset Management Services in collaborated with Turkish technology company
Together with the digital asset company Metaco, Germany’s second-largest bank by asset size, DZ Bank, will completely incorporate digital currencies into its asset management services. This ende...
New Research Shows Bitcoin Must Tap Into $1 Trillion Central Bank Liquidity To Overcome Bears ⋆ ZyCrypto
Advertisement     A new report from QCP Capital says central banks in Asia could hold the key for Bitcoin’s price action. All eyes are on the U.S. Federal Reserve, giv...
FDIC-insured Citizens Trust Bank to hold $65M in USDC reserves
Citizens Trust Bank, a financial institution regulated by the Federal Deposit Insurance Corporation (FDIC), has partnered with Circle Internet Financial to hold some of its reserves in USD Coin (USDC)...
Citizens Trust Bank To Hold $65 Million in USDC Reserves
2 hours ago | 2 mins read Altcoin News On April 1, 2022, Circle announced that BNY Mellon would be holding USDC reserves. Circle’s USDC stablecoin is the second biggest U.S. dollar-pegged cryptocurren...
President Biden Nominates Crypto Skeptic to Lead World Bank
U.S. President Joe Biden nominated Ajay Banga to be the new leader of the World Bank – an executive who’s been critical of the crypto industry in the past. Banga is expected to take over David Malpas...
Bitcoin continues to follow the liquidity plus the aggregation of central bank balance sheets
Quick Take As the global world faces extreme inflation, central banks try to rein in inflation by decreasing their balance sheets (quantitative tightening) and increasing interest rates. The blue line...
Crypto Policy: Kenyan Senate Ready to Engage Central Bank
– Advertisement – The Kenyan Senate’s Information, Communication and Technology committee has said it is ready to engage the Central Bank of Kenya (CBK) and other stakeholders in shaping t...
Kenyan Senate Ready to Engage Central Bank – Bitcoin News
The Kenyan Senate’s Information, Communication and Technology committee has said it is ready to engage the Central Bank of Kenya (CBK) and other stakeholders in shaping the country’s policy towards cr...
Nigerian Central Bank Seeks New CBDC Tech Partner — Bank Urged to Improve E-Naira User Experience – Africa Bitcoin News
More than a year after it launched its central bank digital currency with partner Bitt Inc, the Central Bank of Nigeria is reportedly seeking a new technology partner. The new partner is expected to h...
Caitlin Long’s Custodia Bank receives second rejection from Federal Reserve
The U.S. Federal Reserve announced on Feb. 23 that it had denied a request through which Custodia Bank sought supervision from the government agency. Custodia asked the Federal Reserve to reconsider a...
As Shiba Inu And Dogecoin Rally, Big Eyes Coin’s Loot Box Launch Letting Investors Laugh To The Bank
Listen up, fellow feline enthusiasts! If you’re a fan of loot boxes and you’re tired of all those dog-inspired crypto coins, then you’re in luck! Big Eyes Coin (BIG) is here to take down the doggos an...
Germany’s Second Largest Bank to Offer Crypto Custody Services to Institutionals
DZ Bank – the second-largest German bank by assets – is all set to offer digital asset custody services. The BaFin-regulated financial institution and custody provider has joined forces with Swiss fir...
Biden taps former Mastercard executive Banga to lead World Bank
The White House announced Thursday that President Joe Biden has decided to nominate Ajay Banga, a former CEO of MasterCard, to lead the World Bank In a statement, Biden said that Banga will be able to...
The ‘free money’ tech investment is over and the ‘old economy’ is set to become the big winner, according to Bank of America
Tech companies dominated the stock market over the past decade, but with stubborn inflation forcing the Federal Reserve to aggressively raise interest rates, their reign may be coming to an end. “Bear...
German DZ Bank adds digital currencies to asset management services
DZ Bank, Germany’s second-largest bank in terms of asset size, will fully integrate digital currencies into its asset management services in collaboration with the digital asset firm Metaco. According...
Cross River and Senator Monique Limón Bring Together Leading Bank and Fintech Experts to Discuss Consumer Lending and Responsible Bank Partnerships
Senator Limón’s Groundbreaking Legislation (AB539) Promotes Access to Responsible Consumer Lending for Californians That Includes 36% Interest Rate Cap and Supports the Inclusion Efforts of DFPI Cross...
Crypto-Friendly Bank Silvergate Is Most Shorted Stock
Crypto-friendly Silvergate Bank has clinched the title of most shorted stock on Wall Street—a strong indication that traders think the beleaguered bank’s stock price will continue to go down. Of all t...
Sam Bankman-Fried faces new criminal charges including conspiracy to commit bank fraud
Legal • February 23, 2023, 9:55AM EST FTX founder Sam Bankman-Fried is facing new criminal charges after a judge unsealed a new 12-count indictment against him on Thursday, months after the former cry...
Bankman-Fried Hit With Four New Criminal Charges Alleging Illegal Political Donations And Bank Fraud
Topline Former billionaire Sam Bankman-Fried, the founder of befallen crypto exchange FTX, has been charged with four new criminal counts including allegations of illegal political donations and bank ...
Tempted to chase fat yields in money market accounts? Why it might not pay to switch.
The yield chase is on. After more than two years of historically low interest rates, savers are rediscovering that they can earn money on their money by letting it sit. During the pandemic, many saver...