Altcoin News As part of the Terra Classic V22 network update, the staking function became active. Within 24 hours following the update, more than 1% of the LUNC supply was staked. As opposed to its pr...
Tag: Banks
Goldman Sachs to lift vaccination, Covid-19 requirements in most offices next month
Pavlo Gonchar | LightRocket | Getty Images Goldman Sachs will lift all its Covid-19 requirements in most offices beginning Sept. 6 in an effort to incentivize its employees to return to the office mor...
10 Best Crypto-Friendly Banks in the USA, Canada, UK
Before we understand the criteria for the best crypto-friendly banks, let’s first understand what that term means. Cryptocurrencies need banks in order to grow and expand, just like businesses do. For...
‘Inflation Fever’ Is Finally Breaking — But Central Banks Won’t Stop Hiking Rates
(Bloomberg) — Global inflation is finally coming off the boil, even if it’s set to remain far too hot for the liking of the world’s central bankers. As economic growth slows, prices for key raw ...
Cardano’s Charles Hoskinson Says, Crypto is The way Out As “Central Banks Can’t Be Trusted With Monetary Policy”
– Advertisement – Hoskinson says crypto is the way out. Cardano founder Charles Hoskinson warned that tough times lay ahead, calling out the Fed for their poor decision-making in previou...
Jerome Powell urges central banks to ‘forcefully’ raise interest rates in battle against inflation
Jerome Powell – MANDEL NGAN/ AFP The head of the Federal Reserve has warned US families to expect “pain” as he rallied central bankers around the world to continue cracking down on inflation wit...
Interest Rates Are Going Up. These 11 Banks Will Benefit.
Text size Bank of America is among the lenders that RBC says are especially well positioned for the current environment. Dominick Reuter/AFP via Getty Images Bank stocks—one of the few immediate benef...
The central bank of the Philippines permitted two more digital banks
The central bank of the Philippines permitted UnionDigitalBank, Inc. and GoTyme Bank Corporation Only three banks are fully operational. Bangko Sentral ng Pilipinas (BSP) has given Certificates ...
Miami Trio Charged With Defrauding Banks and Crypto Exchange of Over $4M
Authorities arrested Esteban Cabrera Da Corte, Luis Hernandez Gonzalez and Asdrubal Ramirez Meza on Tuesday, alleging the group used stolen identities to purchase millions of dollars worth of cryptocu...
Crypto Banks Are One Step Closer to Reality Under New Fed Guidance
After over a year, the Federal Reserve published final guidance detailing how it will assess reserve account applications from banks, ranging from federally supervised entities with deposit insurance ...
Indian Central Bank Governor Said That the Bank’s Warnings Pushed People to Stay Away From Crypto
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Fed teases master accounts for crypto banks: Law Decoded, Aug. 15-22
Last week, the United States Federal Reserve Board turned its eye to banks and crypto, making (or promising to make) several clarifications, one of them pretty long-awaited. It announced that the fina...
Central banks’ best kept secret
Who knows that the existing monetary system is stealing the wealth of the people? Or that this has been happening for many decades? Bitcoin is the best chance the world’s population has to escape cent...
Fed: cryptocurrencies as an opportunity for banks
A few days ago a press release was published on the official website of the Federal Reserve (Fed), or the U.S. Central Bank, stating that crypto-assets are an opportunity for banks. The official stat...
Citi projects UK inflation to breach 18% in January as energy prices skyrocket
Citigroup said it had identified the cause of the flash crash and corrected the error “within minutes.” Jim Dyson | Getty Images News | Getty Images LONDON — U.K. inflation is on course to...
SARB permits local banks to serve crypto clients –
The South African Reserve Bank has granted permission to the local banks. The financial institutions can deliver clients to cryptocurrency transactions. The central bank of South Africa has ordered fi...
Despite What You’re Told, Banks Do Not ‘Create Money’
In addressing what’s ridiculous, it’s probably best to start with something basic. Let’s imagine you the reader possess $1,000 in cash. As the owner of those funds you have no limits on what you can d...
CEO of United Texas Bank wishes to restrict the issuing of US dollar-backed altcoins to banks
Scott Beck, CEO of the United Texas Bank, urged representatives of the government’s blockchain advisory committee to suggest a policy that would leave stablecoins to financial institutions rather than...
United Texas Bank CEO Suggests Granting the Issuance of US Dollar-backed Stablecoins to Banks
Chief executive officer of United Texas Bank, Scott Beck, has asked members of the state’s blockchain working group to propose a policy for letting banks supervise stablecoins instead of the crypto fi...
SARB Issues Crypto Guidelines for Local Banks
The South African Reserve Bank (SARB) has issued guidelines for local banks to do business with cryptocurrencies and cryptocurrency companies. The country’s central bank has directed financial institu...
South African Reserve Bank Wants Banks To Be Lenient To Crypto Service Providers
The South African Reserve Bank has sent out guidelines to banks operating in the country regarding their dealings with crypto service providers. The apex bank has encouraged banks not to cut off all t...
United Texas Bank CEO wants to ‘limit the issuance of US dollar-backed stablecoins to banks’
Scott Beck, chief executive officer of United Texas Bank, called on members of the state’s blockchain working group to recommend policy for leaving stablecoins to banks rather than crypto firms. Speak...
China Opens Probe on Banks as New Loans Collapse – Trustnodes
China has opened an investigation into the banking sector to determine its exposure to the crashing property market which has fallen another 7% in June. “The China Banking and Insurance Regulatory Com...
Cardano Investment Products Now Available to Clients of Major German Banks
Tomiwabold Olajide Cardano products now available to customers of key German banks as blockchain equities saw inflows of $8 million Contents Cardano investment products recorded inflows Cardano founde...
Senator claims the FDIC is stonewalling banks that try to work with crypto
Senator Pat Toomey, R. PA, is calling the Federal Deposit Insurance Corporation to account for its work in crypto. In an August 17 letter to FDIC acting chairman Martin Gruenberg, Toomey says the age...