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American Bankers Association Urges House Leaders to Block Fed’s CBDC Plans


The American Bankers Association (ABA) on Monday urged House leaders to back a bill that would stop the Federal Reserve from creating a CBDC for individuals and using it for monetary policy tools. The post American Bankers Association Urges House Leaders to Block Fed’s CBDC Plans appeared...

Scam Money Is Laundered via Crypto Exchanges — Australian Regulator


A significant portion of scam money is getting laundered through cryptocurrency exchanges, the CEO of the Australian Banking Association has alleged. The Australian Financial Crimes Exchange said as much as 47% of all fraud and financial scam proceeds in the country are washed on crypto exchange...

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