2023-6-30 08:45 |
America’s central bank has been stress-testing retail banks in the wake of several high-profile banking collapses earlier this year. origin »
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The move comes in the wake of Silicon Valley Bank's collapse and global lender volatility, the Australian Financial Review reported.
2023-3-22 09:00 | |
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In the wake of Credit Suisse’s crisis, Changpeng Zhao, the CEO of Binance, in a tweet on March 20, questioned the constant failures of banks and the regular, yet costly, need to bail them out using taxpayer’s monies.
2023-3-22 22:00 | |
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Signature Bank, one of the few federally regulated US banks that has actively courted digital assets, is said to be one of the few banks left standing with news that its competitor, Silvergate, is facing significant stress due to its exposure to FTX and accusations it was responsible for the co-mingling of exchange and Alameda […] The post Signature bank now servicing multiple crypto companies in the wake of Silvergate distress appeared first on CryptoSlate.
2023-3-3 04:42 | |
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U.S. lenders are distancing themselves from crypto companies in the wake of increased scrutiny of the industry by regulatory agencies in the country.
2023-2-17 20:32 | |
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Several major traditional banks with varying degrees of crypto exposure now find themselves unsure of their next move in the wake of the FTX collapse. The post Silvergate, Provident Bancorp, and Signature Bank Got Burned Playing With Crypto appeared first on BeInCrypto.
2022-11-23 22:00 | |
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Libra was the final wake-up call for central banks that prompted serious consideration of digital currency issuances, according to the head of the BIS Innovation Hub.
2020-11-14 17:34 | |
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In the wake of regulatory concerns, seven central banks have come together and released a report identifying the "foundational principle necessary for any publicly available CBDCs to help central bankThe post Central Banks and BIS release their initial analysis of CBDC appeared first on AMBCrypto.
2020-10-9 16:30 | |
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The Wyoming Division of Banking regulators has accelerated the banking application charter for crypto influencer Caitlin Long’s Avanti project. The decision to fast-track Avanti Bank came in the wake of the Office of the Comptroller of the Currency (OCC)’s recent decision to allow banks to provide cryptocurrency custodial services.
2020-7-24 00:06 | |
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As the world’s nations and financial institutions plan their recovery from the unprecedented economic upheaval in the wake of the COVID-19 crisis, more and more people are turning to digital assets. Cryptocurrency’s extraordinary resilience during the coronavirus crisis has lent renewed vigor to central banks’ plans to integrate digital currencies. Meanwhile, the younger generation is […]
2020-7-1 15:40 | |
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Reports are emerging that Russia’s stance on crypto has turned negative. The news comes in the wake of a week of FUD stemming from another ‘bitcoin ban’ in China. It is no surprise that central banks do not favor decentralized currencies in a world where they’re racing to launch their own ones.
2019-11-30 10:34 | |
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The Basel Committee on Banking Supervision is one of the most important regulators for global banking standards. As per the Basel III norms, set by the committee in the wake of the 2008 financial crisis, banks are supposed to hold a requisite amount of liquid capital based on the risk of their lending portfolio andRead MoreRead More.
2019-11-1 12:00 | |
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Since Bitcoin (BTC) was birthed in the wake of 2008’s Great Recession, the macroeconomy has changed dramatically. Following the brutal collapse of the stock market and the housing bubble, which resulted in mass unemployment and bankruptcy, central banks commenced “easing strategies”.
2019-7-18 14:00 | |
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Emerging from the wake of the 2008 financial crash, Bitcoin promised an alternative to bailing out central banks. But all too often, Bitcoiners have found themselves paying for the mistakes of crypto exchanges, which continue to get hacked.
2019-6-30 22:00 | |
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Countries within the eurozone could have an instant payments system implemented across all banks by 2020 as finance industry officials fear competition with Facebook's Libra cryptocurrency.
2019-6-28 19:20 | |
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According to a report published by Reuters on June 21, 2019, France is set to form a G7 cryptocurrency task force to explore how global central banks can regulate cryptocurrencies like Facebook’s Libra without the risk of it being used for money laundering and other illicit activities.
2019-6-22 23:00 | |
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France’s central bank governor Francois Villeroy de Galhau has announced the creation of a Group of Seven central bank governors task force, which will work to produce a study outlining how central banks can regulate Facebook's Libra cryptocurrency to keep it in line with anti-money-laundering regulations and consumer protection rules.
2019-6-21 19:12 | |
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Stellar’s native cryptocurrency coin Lumens (XLM) recently surged in price by as much as 11% in the wake of… The post Stellar (XLM) Surges as Its Partner IBM Signs Up 6 Banks To Use It appeared first on Invest In Blockchain.
2019-3-20 00:03 | |
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The Future Of Decentralized Monetary System In The Coming Years Handling money and financial transactions have evolved in the wake of civilization and technological advancement. In the early times, the safety of one’s assets can be guaranteed in how discrete the holder of such an asset is in keeping them. Before the establishment of banks, […]
2019-2-21 01:24 | |
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International Monetary Fund Head, Christine Lagarde, told the World Economic Forum in Davos, “fintech is going to shake the system. ” She also urged against relying on central banks in the next financial crisis, at the CNBC-hosted panel.
2019-1-26 02:00 | |
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Bitcoin was designed in the wake of the 2008 global economic crisis as a way to take control over money away from central authorities such as governments, banks, and other traditional systems. The decentralized design could also prevent communist countries like China from establishing control over their citizen’s money.
2018-12-14 20:00 | |
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Chile’s Supreme Court has recently ordered crypto exchange OrionX to close all of its active local bank accounts. This decision comes in wake of another order passed by Chile’s High Court that “guaranteed protection” to Orionx and forced local state-owned bank Banco del Estado to allow the firm to operate freely within the nation. “These […]
2018-12-10 03:16 | |
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As we reported on July 19, 2018, Bermuda is determined to establish itself as the leading jurisdiction for fintech entrepreneurs, in particular those involved in initial coin offerings (ICOs), digital assets and virtual currencies.
2018-8-23 23:03 | |
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The bank accounts will not be named due to privacy concerns, Hoegner notes, adding that the firm had access to banks statements and employees, as well as contact with Tether executives. The cryptocurrency again fell under scrutiny from the crypto community in the wake of dissolving their connection with an auditor before the official audit
2018-6-21 23:37 | |
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