What is that saying about life not being fair? In a pill that is rather tough for a lot of people to swallow, big oil companies have announced stellar earnings for 2022, a year in which the world face...
Tag: Bank
Bank Of England Mentions Ripple In CBDC Consultation Paper
Yesterday, the Bank of England and the UK Treasury published a consultation paper on the digital pound, a U.K. Central Bank Digital Currency (CBDC) – mentioning Ripple’s technology at one point. In th...
Bank of England Releases Paper on Digital Pound CBDC
On Feb. 7, the Bank of England and the HM Treasury department published a consultation paper on the “digital pound,” a UK central bank digital currency. It added that the CBDC would be subject to rigo...
Don’t Call British CBDC ‘Britcoin,’ Say Bank of England
The UK’s central bank, the Bank of England, made it very clear on Tuesday that they do not want you to refer to the country’s CBDC as ‘Britcoin.’ British and international press — including CNN, ABC ...
Signature Bank Faces Lawsuit Over Involvement in FTX Fraud
Algorithmic trading firm Statistica Capital filed a putative class-action lawsuit against the crypto-friendly Signature Bank for its alleged knowledge of fund commingling between bankrupt exchange FTX...
Bank of America Is Preparing for Possible US Debt Default, Says CEO Brian Moynihan – Economics Bitcoin News
Bank of America is preparing for a possible U.S. debt default, says CEO Brian Moynihan. He is not a fan of eliminating the debt ceiling altogether as some lawmakers have proposed. Meanwhile, Treasury ...
Crypto Bank Juno Resumes Services After Pause
In addition to resuming its crypto services, the bank has also debuted several new features. Those include support for more than 35 additional cryptocurrencies such as SOL, ADA, SHIB snd DOGE, and the...
CBDC teased by UK government and central bank
As part of the build-up process to the launching of the central bank digital currency, the U.K.’s Treasury and the Bank of England are expected to present a progress report on Feb. 7 and set the ball ...
Signature Bank Lawsuit Alleges It ‘Substantially Facilitated’ FTX Fraud
New York-based Signature Bank has been slapped with a class-action lawsuit alleging it facilitated FTX’s activities prior to the crypto exchange’s collapse last November. The lawsuit, file...
Class-action lawsuit alleges Signature bank ‘permitted’ FTX comingling customer funds
Crypto-friendly Signature Bank has been drawn into a class-action lawsuit over its role in the operations of the defunct crypto exchange FTX, according to a Feb. 6 court filing. The lawsuit alleged th...
Crypto Bank SEBA Hires Ex-JPMorgan Banker as Asia Pacific Head
A former JPMorgan banker will be heading SEBA Bank’s Asia Pacific market. The new CEO said SEBA is processing licenses in Singapore and Hong Kong. Alameda research has about a 1% stake in SEBA bank. S...
Fed Official Warns U.S. Debt Default Would Be ‘Catastrophe’ As Bank Of America Gears Up For The Worst
Topline Federal Reserve official Neel Kashkari on Tuesday reiterated the Treasury’s concern over the nation’s looming debt ceiling crisis, and though he’s unsure how likely a potenti...
UK’s Bank of England launches digital pound project as ‘new form’ of money
The Bank of England, the UK’s central bank, launched its long-awaited digital pound project, pitching the potential to create a new payment system and form of money. The potential digital...
Fed’s Neel Kashkari says central bank has not made enough progress, keeping his rate outlook
Minneapolis Federal Reserve President Neel Kashkari said Tuesday that explosive jobs growth in January is evidence that the central bank has more work to do when it comes to taming inflation. That mea...
Binance to temporarily suspend bank transfers in US dollars beginning Feb. 8
Binance has announced that it is temporarily suspending bank transfers in United States dollars (USD) beginning Feb. 8. No other trading methods will be affected, the exchange said in a tweet on Feb. ...
Head of Innovation At Bank For International Settlements Hawkish on Crypto
Join Our Telegram channel to stay up to date on breaking news coverage The newly appointed head of the Bank for International Settlements (BIS) ‘Innovation Hub’, Cecilia Skingsley, predicts a bright f...
Digital bank Revolut launches crypto staking for UK and EEA customers: Report
United Kingdom-based neo-banking platform Revolut, which boasts 25 million customers globally, has introduced crypto staking to its U.K. and European Economic Area (EEA) customers. According to a rep...
Binance.com temporarily restricts US bank transfers from February 8
Binance.com recently announced a temporary suspension on all USD bank transfers. The development is expected to impact only a small portion of users. The news was shared on the official Twitter channe...
Crypto Investment Firm Sues Signature Bank for Facilitating FTX Fraudulent Transfers: Report
British Virgin Islands-based investment management and cryptocurrency trading firm Statistica Capital has filed a lawsuit against New York-based Signature Bank, alleging that the financial institution...
Binance suspends US dollar bank transfers
Binance has announced that it will be temporarily halting U.S. dollar bank transfers starting on Wednesday, Feb. 8. Binance, the leading cryptocurrency exchange, has announced that it will temporarily...
Binance is suspending USD-based bank transfers
Binance is temporarily suspending US Dollar-denominated bank transfers from Feb. 8, according to an emailed statement sent to CryptoSlate on Feb. 6. The firm said it was notifying affected customers d...
Bank of Italy selectively encouraging DLT, preparing for MiCA, governor says
The Bank of Italy is looking for new ways to apply distributed ledger technology (DLT) and is preparing for the advent of Markets in Crypto-Assets (MiCA) regulation, bank Governor Ignazio Visco told a...
Binance Will Temporarily Suspend US Dollar Bank Transfers
Binance has confirmed to Decrypt that the exchange plans to pause bank transfers of U.S. dollars this week. “We are temporarily suspending USD bank transfers as of February 8th. Affected customers ar...
Binance to Pause US Dollar Bank Transfers for a Few Weeks
Join Our Telegram channel to stay up to date on breaking news coverage Binance will temporarily pause USD transfers as it looks for a new US-based banking partner to process SWIFT transactions. What –...
Central Bank of Argentina to Issue New 2,000 Peso Bill as Inflation Keeps Rising – Economics Bitcoin News
The Central Bank of Argentina has announced the issuance of a new 2,000 peso bill, aimed at easing the burden of using cash for payments in the country. The bill, which will have a value of a little m...
Binance Announces Temporary Suspension of USD Bank Transfers
Binance – the world’s largest crypto exchange – announced on Monday that it will pause all deposits and withdrawals in USD from bank accounts starting February 8. The company said it will work to res...
Crypto Giant Binance Suspending All Bank Transfers in US Dollars, Says Freeze Is Temporary
Crypto powerhouse Binance says it’s pausing all bank transfers denominated in the US dollar. In a brief message on Twitter, the leading crypto exchange by volume says it expects the freeze to affect a...
Binance Halting US Dollar Deposits and Withdrawals via Bank Accounts – Exchanges Bitcoin News
Global crypto exchange Binance is suspending deposits and withdrawals in U.S. dollars via bank accounts starting Wednesday as more and more banking institutions try to reduce their exposure to the cry...
Binance will temporarily halt USD bank transfers
Binance will suspend USD bank transfers as soon as this week The platform made the statement days after its banking partner put a limit on the USD transfer amount Binance, the world’s largest crypto e...
UK government and central bank tease CBDC consultation
The UK’s Treasury and the Bank of England are preparing the groundwork for a potential central bank digital currency to launch this decade, with a report on the issue to be published on Tuesday mornin...
Russia’s Leading Private Bank Introduces Digital Asset Platform
Alfa bank has over 22 million active users globally. Alfa bank operates its business in over seven other countries. Alfa-Bank is the second largest bank to receive approval to mint digital coins. ...
Binance Plans to Suspend US Dollar Transfers Using Bank Accounts
(Bloomberg) — Binance, the world’s largest cryptocurrency exchange, said it’s temporarily suspending deposits and withdrawals of US dollars using bank accounts, and will work to restart the serv...