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Nalezeno "US Bank": 7808

Nouriel ‘Dr. Doom’ Roubini Warns About Demise of US Dollar

8.2.2023
Nouriel Roubini, an economist known as “Dr. Doom,” has warned about the demise of the U.S. dollar and the rise of a “bipolar” world. Roubini believes that the Chinese renminbi might be a substitute for the dollar, as new technologies like central bank digital currencies...

BIS to launch stablecoin monitoring project and up focus on CBDC experiments

8.2.2023
The bank for central banks is expanding its CBDC research while developing a platform to monitor stablecoin balance sheets

Bank of England thinks digital pound can co-exist with private stablecoins

8.2.2023
The central bank wants an e-GBP to be retail-focused and could form part of a "mixed payments economy" alongside cryptocurrency stablecoins

Bank of America Is Preparing for Possible US Debt Default, Says CEO Brian Moynihan

8.2.2023
Bank of America is preparing for a possible U.S. debt default, says CEO Brian Moynihan. He is not a fan of eliminating the debt ceiling altogether as some lawmakers have proposed. Meanwhile, Treasury Secretary Janet Yellen says “every responsible member of Congress must agree to raise...

Don't Call It 'Britcoin': Digital Pound Nothing Like Crypto, Bank of England Official Says

7.2.2023

Digital Pound Holdings Could Be Limited to £10,000, Central Bank Says

7.2.2023
The Bank of England has set out technical features of its central bank digital currency, which officials have said is likely to be needed

Binance.com temporarily restricts US bank transfers from February 8

7.2.2023
Binance.com recently announced a temporary suspension on all USD bank transfers. The development is expected to impact only a small portion of users. The news was shared on the official Twitter channel of Binance. As per the tweets, every other method of trading crypto will remain active. Given...

Signature Bank Sued for 'Substantially Facilitating' FTX Comingling

7.2.2023
Signature "knew of and permitted the commingling of FTX customer funds within its proprietary, blockchain-based payments network, Signet," according to a court filing

Bank of England and Treasury Explore Possibility of Launching a State-Backed 'Digital Pound'

7.2.2023
The central Bank of England and the UK Government will today, reportedly, formally start a consultation for the 'digital pound'. A state-backed digital pound is in the plans for the country, and it may be launched "later this decade," according to the PA Media Group, via Yahoo News. The Bank...

Binance Shocks Crypto World with Temporary Halt on US Bank Transfers – Here's What's Going On

7.2.2023
Binance has announced that it is temporarily suspending US dollar withdrawals and deposits for international customers beginning February 8. In a Monday tweet, the largest crypto exchange in the world said that they "will temporarily suspend all USD bank transfers" starting Wednesday. Other...

Central Bank of Argentina to Issue New 2,000 Peso Bill as Inflation Keeps Rising

7.2.2023
The Central Bank of Argentina has announced the issuance of a new 2,000 peso bill, aimed at easing the burden of using cash for payments in the country. The bill, which will have a value of a little more than $5 ‘blue’ dollars (the informal exchange rate), is already being criticized...

UK's digital pound would modernize payments but won't replace cash: Minister

7.2.2023
Finance minister Jeremy Hunt says the digital pound, or "Britcoin" would be issued and backed by the Bank of England, but won't negate the use of cash

Crypto Bank Juno Resumes Services After Pause

7.2.2023
The firm paused services last month amid its former crypto custodian Wyre's turmoil

Binance Halting US Dollar Deposits and Withdrawals via Bank Accounts

7.2.2023
Global crypto exchange Binance is suspending deposits and withdrawals in U.S. dollars via bank accounts starting Wednesday as more and more banking institutions try to reduce their exposure to the crypto market. “We are working hard to restart service as soon as possible,” Binance said....