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Nalezeno "us banking system": 105

Stablecoin Legislation Must Respect the Dual-Banking System


The Lummis-Gillibrand stablecoin bill subordinates state regulation to federal control, giving Washington too much power as to which entities can issue these important digital assets, say Jack Solowey and Jennifer J. Schulp at the Cato Institute

2 Rate Hikes or Hold? Fed Predictions Vary From No Rate Hikes to 6% in 2023


Based on projections from the U.S. Federal Reserve, it is anticipated that the central bank will implement two additional increases to the federal funds rate within the span of 2023. As indicated by Fed policymakers, they estimate the benchmark bank rate to fall within the range of 5.5% to 5.75%...

EU Spokesperson: Russian Banks Will Not Be Reconnected to SWIFT Anytime Soon


The European Union (EU) has no intention of allowing Russian banks to be reconnected to the Society for Worldwide Interbank Financial Telecommunications (SWIFT) banking system anytime soon. Peter Stano, spokesperson for external affairs of the EU, stated that these restrictions can only be lifted...

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