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Nalezeno "banks": 3621

Europeans to See More Interest Rate Hikes, Central Bank Governors Indicate

14.4.2023
Further rate hikes are warranted by persisting inflation in the eurozone, according to members of its monetary authority’s decision-making body. Two central bank governors, with different opinions about how aggressive the European Central Bank should be, nevertheless agree that more increases...

IMF Economist Warns of Side Effects From Sharp Monetary Policy Tightening — Says Financial Risks Have Increased

13.4.2023
The International Monetary Fund’s (IMF) economic counselor has warned of the side effects of sharp monetary tightening. Noting that “Inflation is much stickier than anticipated,” he stressed that “financial risks have risen.” IMF Economist’s Warning Pierre-Olivier Gourinchas...

Senator Warren and Rep. AOC Investigate Silicon Valley Bank's "White Glove" Treatment of Crypto Firms – Regulation Incoming?

12.4.2023
US Senator and well-known crypto-critic Elizabeth Warren has joined hands with Congresswoman Alexandria Ocasio-Cortez in asking for more details about Silicon Valley Bank’s (SVB) dealings with crypto companies. The two politicians said in letters sent to some of SVB’s largest clients that they...

Former investment banker charged for allegedly defrauding crypto investors

12.4.2023
Brooklyn federal court charged a former investment banker for allegedly taking investors’ money under the pretext of making profitable crypto investments

Wyoming defends crypto-friendly bank charter regime in Custodia Bank's lawsuit with Fed

11.4.2023
“The State of Wyoming believes that this changes the tenor of the suit and in turn questions the legitimacy and viability of the State’s statutory framework," said AG Bridget Hill

IMF reiterates call for crypto regulation after the ecosystem's 'rough year'

11.4.2023
According to the IMF, regulations should include with “strict prudential requirements” for stablecoin issuers following the depegging of USD Coin and Dai

Shapella could bring institutional investors to Ethereum despite risks

11.4.2023
The latest fork on the “roadmap” shores up the network’s new validation mechanism while finally allowing stakers access to their ETH rewards

The future of enterprise blockchain is multi-chain

11.4.2023
Blockchain bridges are flourishing and are being used for much more than moving tokens

Dollar to Play Lesser Role Due to Its Weaponization, Digital Currencies, Economist Jeffrey Sachs Says

10.4.2023
Within the next decade, the U.S. dollar will play a much less dominant role than it is today, according to Jeffrey Sachs. The renowned economist listed a few factors for the diminishing status of the greenback such as its use as a political weapon by Washington, the introduction of currencies like...

US Bank Lending Drops by Record $105 Billion in Two Weeks, Trillions Moving to Money Market Accounts, Elon Musk Warns ‘Trend Will Accelerate’

9.4.2023
The banking industry in the United States is still struggling after the collapse of three major banks. According to statistics, bank lending in the U.S. has dropped by close to $105 billion in the last two weeks of March, which is the largest decline on record. Additionally, Elon Musk, a Tesla...

Elon Musking, Paxful Closing, Banks Cryptoing, Fraudsters Scamming and 20 Crypto Jokes

8.4.2023
Read More: Elon Musking, Paxful Closing, Banks Cryptoing, Fraudsters Scamming and 20 Crypto Jokes

Core Inflation on Upward Trend, Further Rate Hikes Expected, ECB Execs Say

7.4.2023
Amid underlying inflationary pressures, further interest rate increases may still be needed, members of the European Central Bank’s Governing Council have admitted. At the same time, the cycle with the highest hikes may soon be over, the officials indicated. End of Most Aggressive Rate Hikes...

Swiss State-Owned Banking Giant Postfinance to Offer Crypto Services

7.4.2023
Postfinance, one of Switzerland’s largest retail banks, will offer customers access to major cryptocurrencies and related services. The state-owned financial institution will be using the banking platform developed by the Swiss-licensed digital asset bank Sygnum. Postfinance Partners With Sygnum...

Georgia Rep. Marjorie Taylor Greene Criticizes Fednow Project, Pushes for Return to Gold Standard

6.4.2023
On Wednesday, Marjorie Taylor Greene (MTG), a Republican member of the U.S. House of Representatives, shared an article about the Federal Reserve’s Fednow project and criticized the central bank’s digital currency efforts. The representative from Georgia insisted that the U.S. should...

Saxo Bank’s March 2023 Report Shatters Records: Best Month Since 2020!

6.4.2023
Saxo Bank has published its report for March 2023, revealing that it has been the best month since March 2020. Not just March 2020, but it turns out that the numbers have been good in comparison to the previous few months as well. Foreign exchange volume was on the lower side till February 2023....

Singapore Authorities to Set Best Practices for Crypto Client Vetting in Banks

6.4.2023
Singapore officials are collaborating with local banks to develop uniform standards for evaluating customers in the digital asset sector in the aftermath of significant global disruptions in the industry. The Monetary Authority of Singapore and the police have been working with lenders in...