2024-4-28 05:20 |
Republic First Bank’s 32 branches across the United States will reopen under Fulton Bank starting April 27, according to the FDIC.
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Investment banking giant JPMorgan Chase will assume over $330 billion worth of deposits and assets of struggling First Republic Bank. According to a May 1 statement, the Federal Deposit Insurance Corporation (FDIC) said it was appointed as the receiver of the First Republic Bank after it was closed by California’s Department of Financial Protection and […] The post JPMorgan to takeover First Republic bank appeared first on CryptoSlate.
2023-5-1 13:18 | |
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Coinspeaker US Officials in Urgent Talks to Rescue First Republic Bank In case of a scenario where the First Republic Bank fails, the FDIC will likely want to avoid systemic risk and offer insurance to all the bank's depositors, even those not covered by insurance.
2023-4-29 13:30 | |
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Quick Take First Republic Bank finished trading a whopping 50% lower share price yesterday — closing at $8. 26. According to FOX News, it is reported that First Republic Bank is expected to be seized by the U.
2023-4-26 11:35 | |
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First Republic Bank grapples with falling shares amid a sharp deposit decline. Can troubled banks afford not to diversify their products and services further? The post First Republic Bank Wobbles: Can Crypto Fix the Problem? appeared first on BeInCrypto.
2023-4-26 21:18 | |
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Coinspeaker First Republic (FRC) Shares Jump 15% as Regional Bank Stock Rebounds Since the collapse of Silicon Valley Bank, several industry stakeholders have been doing all they can to help cushion the pangs in the firm to help prevent it from collapsing.
2023-3-28 19:47 | |
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Despite banking laws stating remedies should not be aimed at benefiting a specific bank, this change could be structured “in a way to ensure” that First Republic benefits, according to unnamed sources.
2023-3-26 05:07 | |
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First Republic Bank стал еще одной лояльной к криптокомпаниям американской финансовой организацией, которая столкнулась с кризисом ликвидности, запросив помощь банковского сообщества и Федеральной резервной системы США.
2023-3-23 18:11 | |
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Coinspeaker Alecta Offloads First Republic Bank Stake amid US Banking ‘Uncertainty’ Sweden’s largest pension fund Alecta dumped its First Republic Bank stake at a $728 million loss amid broader US banking losses.
2023-3-22 13:47 | |
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The Swedish fund was the bank’s fifth largest shareholder; the fund’s CEO said the uncertainty surrounding First Republic was too great.
2023-3-22 19:40 | |
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Macro Highlights U.S inflation is too high for rate relief but mostly in line with expectations ECB raised a further 50bps taking their deposit facility rate to 3% Silicon Valley Bank files for chapter 11 bankruptcy Credit Suisse and First Republic Bank continue to be provided with liquidity Fed initiated stealth QE as balance sheet grows […] The post MacroSlate Weekly: Bitcoin shines through banking failures, bailouts appeared first on CryptoSlate.
2023-3-20 23:21 | |
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Bitcoin retested the $25,000 area, while S&P 500 had gained about 1% after plunging on ECB interest rate hike news. The ECB on Thursday surprised with a 50 basis point rate hike. Reports that JPMorgan and Morgan Stanley are looking to help First Republic Bank buoyed stocks.
2023-3-17 20:01 | |
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Euler's EUL token fell 50% hours after an exploit on its protocol while First Republic shares fell roughly 62% following U.S. bank turmoil.
2023-3-14 00:54 | |
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The Central Bank of the Republic of Turkey indicated that it would release the digital lira by 2023. The CBDC would be connected to several government and centralized operations. The first eThe post Turkey's Central Bank has more in store for CBDCs in 2023 appeared first on AMBCrypto.
2022-12-30 12:00 | |
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Binance CEO Changpeng Zhao revealed that the BNB Chain will play a role in Republic of Kazakhstan’s central bank digital currency (CBDC). The central Asian country has been in the race for a CBDC since May 2021.
2022-10-27 10:11 | |
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Crypto-adaptive commercial bank BankProv is collaborating with crowdfunding marketplace Republic to offer escrow accounts to BankProv customers who want to raise funds on their platforms. The post Crypto-adaptive BankProv inks deal with Republic to offer escrow accounts appeared first on CryptoSlate.
2022-8-17 23:00 | |
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The Central African Republic, one of the nations served by the Bank of Central African States, passed legislation adopting Bitcoin as legal tender in April.
2022-7-23 00:27 | |
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The World Bank has expressed concerns over a plan by the Central African Republic to set up a crypto hub, weeks after the nation became the second country in the world to make Bitcoin legal tender.
2022-5-31 01:27 | |
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The World Bank has said “it will be physically impossible” for the lender to fund the planned Sango crypto hub and voiced concerns regarding the country’s adoption of Bitcoin.
2022-5-27 08:47 | |
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The Central African Republic adopting crypto puts monetary stability in “peril,” according to a letter from the Governor of the Bank of Central African States.
2022-5-10 12:48 | |
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The Central Bank of the Argentine Republic (BCRA) has banned financial institutions from offering unregulated digital assets services. The move comes roughly a month after the International Monetary Fund approved...
2022-5-6 15:10 | |
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Several nations have already outlawed cryptocurrencies like bitcoin, with China being the most high-profile example. The People’s Republic of China infamously declared all virtual currency-related activities illegal last year.
2022-2-11 21:39 | |
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After partnering with Bhutan's central bank in September, Ripple has also scored a deal with the Republic of Palau
2021-11-24 11:16 | |
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The Fantom Foundation is working with one of Tajikistan's oldest and biggest banks, Orienbank, to build a Central Bank Digital Currency (CBDC) for the Republic of Tajikistan. For the creation of E-SOM, the digitized version of the Tajikistani Somoni, the Foundation has signed a Memorandum of Understanding (MoU) with the bank.
2021-9-29 19:58 | |
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The Central Bank of the Republic of Turkey has signed agreements with various firms to form the Digital Turkish Lira Collaboration Platform.
2021-9-15 16:31 | |
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The Republic of Cuba is suspending the use of U. S. dollars due to embargo restrictions with U. S. and foreign banks. The central bank of Cuba’s restrictions stems from the “obstacles that the U.
2021-6-14 22:00 | |
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Bank Indonesia (BI), the central bank of the Republic of Indonesia, has joined other apex banks globally to explore central bank digital currency (CBDC), as the bank is planning to launch its digital currency amid a spike in online transactions.
2021-5-27 13:00 | |
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The Central Bank of Iran has issued a warning against unrestrained crypto trading and reminded investors that only cryptocurrencies minted by licensed miners in the Islamic Republic can be used under limited circumstances.
2021-5-9 00:30 | |
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The Central Bank of the Republic of Turkey has instituted a ban on cryptocurrency payments, as its own fiat currency is devalued.
2021-4-17 20:12 | |
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The Central bank of the Republic of Turkey has issued a cryptocurrency regulation prohibiting the use of cryptocurrencies for payments of goods and services. From the end of this month, crypto assets cannot be used directly or indirectly as a means of payment in the country and no service can be provided for this purpose. […]
2021-4-17 18:30 | |
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The Central Bank of the Republic of Turkey (CBRT) stated that it would ban the use of cryptocurrency as a means of payment. The upcoming ban comes amid an ongoing inflation crisis in the country. Turkey Bans Crypto Payments The CBRT announced the new legislation via the Resmi Gazete, otherwise known as the Official Gazette,Read More
2021-4-17 17:00 | |
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Bitcoin (BTC) price has moved over 3% lower today after the Central Bank of the Republic of Turkey (CBRT) banned crypto payments for goods and services in the country. Fundamental analysis: Regulatory concerns The central bank decision is a result of “irreparable” damage and transaction risks crypto assets can bring.
2021-4-16 16:25 | |
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The Central Bank of the Argentine Republic (BCRA) has asked operating banks within its jurisdiction to acquire and supply details of all their clients who have transacted in cryptocurrencies. In a sheet which was leaked by the local Bitcoin community on Twitter, the apex bank mandated banks within the Republic to provide information as regards […]
2021-4-6 22:14 | |
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The central bank of the Kyrgyz Republic wants to provide crypto investors with the same level of protection that is already in place in traditional finance.
2021-2-13 16:32 | |
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The central bank of The Kyrgyz Republic has drafted regulations that recognize cryptocurrency exchanges in the country for the first time.
2021-1-6 11:45 | |
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The National Bank of the Kyrgyz Republic (NBKR) revealed its new-year plans for the national crypto industry. They are about to introduce two drafts to regulate the country’s exchanges that aim to combat terrorism, money laundering, and protecting consumers.
2021-1-6 05:30 | |
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The Chinese President is big on CBDCs. Be Open and Accommodating to CBDCs, Says China According to an official statement released by the Ministry of Foreign Affairs of the People’s Republic of China, Chinese President, Xi Jinping, has asked the G20 countries to be receptive to central bank digital currencies (CBDCs).
2020-11-23 16:30 | |
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Belarusbank, a state-owned bank and the largest financial institution in the Republic of Belarus is the latest bank to delve into the world of cryptocurrency. Belarusian Banking Giant Floats Crypto Exchange Platform According to PrimePress on Thursday (November 12, 2020), Belarusbank, in collaboration with the crypto exchange platform White Bird, is offering cryptocurrency trading servicesRead MoreRead More.
2020-11-15 12:00 | |
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China Construction Bank Corporation which is one of the "big four" banks in the People's Republic of China is reportedly launching the sale of $3 billion worth of debt on a blockchain. The digital bonThe post China Construction Bank to sell bonds worth $3 Billion for Bitcoin appeared first on AMBCrypto.
2020-11-12 19:30 | |
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The Central Bank of the Argentine Republic says starting in January 2021, financial institutions will be able to increase the fees or commission they levy for services rendered. In its November 5 update, which effectively ends the February 19 freeze on any fee hikes, the central bank says such increases should not exceed 9% each […] The post Argentinian Central Bank to Lift Freeze on Bank Fee Increases: Sets the Ceiling for Future Hikes at 9% appeared first on Bitcoin News.
2020-11-8 13:15 | |
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With the latest amendment to the legislation, Iran has become the first country to use cryptocurrencies at a state level for import funding. The Iranian Cabinet amended legislation to redirect digital currencies into the funding mechanism of the Central Bank of Iran (CBI) for imports, as per the report by the official The Islamic Republic […] The post Iran to Use Bitcoin for International Trade, Bypassing the Dollar Due to US Sanctions first appeared on BitcoinExchangeGuide.
2020-10-31 19:08 | |
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Agricultural Bank of China (ABC), one of the “Big Four” financial institutions controlled by the government of the People’s Republic of China (PBoC), has launched a mobile application for testing the nation’s central bank digital currency (CBDC) dubbed DE/CP.
2020-4-15 21:00 | |
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China’s blockchain drive has been about one thing: getting its people used to a state-backed crypto asset. The People’s Republic is determined to get its crypto yuan out as soon as possible and bankers have stressed that it will be for retail use.
2019-11-27 10:00 | |
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There are no mixed signals with regards to blockchain and crypto coming from China at the moment. The People’s Republic is full steam ahead on distributed ledger technology as it prepares to ready its population for its own central bank crypto currency.
2019-11-20 12:00 | |
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The Republic of Burundi banned all cryptocurrencies, stating the volatile, speculative and unregulated asset class presents too much risk for citizens.
2019-9-5 00:00 | |
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Civil, a startup attempting to use blockchain tech to bring transparency between journalists and readers, will lose its account with First Republic. While it's unclear why the bank has decided to terminate services, Civil's COO believes it's because the startup is a "crypto-related company."
2019-6-1 23:35 | |
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The central bank of Laos has warned commercial banks, financial institutions, and investors not to buy, sell or use cryptocurrencies, reports local media outlet Vientiane Times, May 21, 2019. Laos Does Not Want Cryptocurrencies Laos’ central bank, the Bank of the Lao People’s Democratic Republic (PDR), has cautioned financial market players against digital currency transactionsRead MoreRead More.
2019-5-22 18:00 | |
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On April 24, 2019, the first bitcoin ATM in the Islamic Republic of Iran was revealed at the 12th International Exhibition of Exchange, Bank and Insurance in Tehran.
2019-4-27 21:31 | |
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Coinspeaker The Central Bank Of Philippines Legalizes 10 Cryptocurrency ExchangesThe Central Bank Of Philippines has reportedly allowed three more crypto exchanges to start functioning in the country.
2019-4-15 11:48 | |
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Another country that faces a financial crisis due to the US sanctions issues its own national cryptocurrency. A group of Iranian banks presented a PayMon pegged to gold. Islamic revolution in digital Four Iranian banks (Bank Mellat, Bank Melli Iran, Bank Pasargad, and Parsian Bank) presented PayMon cryptocurrency, each coin of which is backed to gold reserves.
2019-2-8 17:22 | |
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