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Customers Bank to strengthen AML compliance after Fed scrutiny
8.8.2024
The crypto-friendly bank’s activities during the 2023 banking crisis will also be examined
Customers Bank to strengthen AML compliance after Fed scrutiny
8.8.2024
The crypto-friendly bank’s activities during the 2023 banking crisis will also be examined
Xapo Bank Enters UK Market, Offers Interest-Bearing USD and Bitcoin Account
5.8.2024
Xapo Bank has entered the UK market, becoming the only licensed banking group to offer a combined interest-bearing USD and bitcoin account. “We’re proud to announce we have successfully passported our banking license into the UK. This means we are allowed to offer our banking services...
Xapo Bank debuts interest-bearing Bitcoin, fiat accounts in the UK
5.8.2024
Xapo Bank enters the UK market and becomes the first in the country to launch interest-bearing Bitcoin and fiat banking accounts
Macroeconomics Expert Predicts Hard Landing for US Economy
4.8.2024
Despite recent positive economic indicators, investor and macroeconomics expert George Gammon foresees a hard landing for the U.S. economy. In an interview with Michelle Makori of Kitco News, Gammon pointed to several warning signs in the banking sector and the broader financial landscape. Banks...
‘We have to get rid of the folks who are in the way’ — Senators speak at Bitcoin 2024
27.7.2024
The two Republican senators claimed that if their party wins control of the Senate, they will stop the SEC’s “regulation by enforcement.”
‘We have to get rid of the folks who are in the way’ — Senators speak at Bitcoin 2024
27.7.2024
The two Republican senators claimed that if their party wins control of the Senate, they will stop the SEC’s “regulation by enforcement.”
Key U.S. Senate Republican Tim Scott Makes Crypto-Fan Debut
26.7.2024
U.S. Sen. Tim Scott (R-S.C.), the top Republican on the Senate Banking Committee who may be in position to be its next chairman, argued at a Bitcoin 2024 appearance on Friday that the government should "make it easy" for the crypto industry to innovate in the U.S
Crypto is democratizing investment banking options—Lightspark founder
25.7.2024
Cryptocurrencies will challenge the current banking hegemony layer-by-layer, the speakers noted at the 2024 Bitcoin event in Nashville
Revolut secures UK banking license after three-year wait
25.7.2024
Revolut secured a UK banking license after a three-year regulatory process, marking a significant milestone in its expansion and solidifying its position in the home market
Crypto-Friendly Revolut Finally Earns UK Banking License
25.7.2024
Revolut has entered a "mobilization stage", designed for new banks to operate with restrictions
HSBC Australia to block all payments to crypto exchanges, citing scams
25.7.2024
At least six big Australian banks have taken such action now — a trend one industry executive says is stripping Aussies of their “financial rights” to participate in the digital economy
Microsoft Windows data blackout downs major financial firms, airlines
19.7.2024
Global Microsoft Windows failure possibly linked to a CrowdStrike software update has disrupted critical services worldwide, hitting banks with widespread online banking outages and grounding flights
FDIC nominee Goldsmith Romero says banks can custody digital assets
11.7.2024
The Federal Deposit Insurance Corporation Chair nominee stated her position amid the failure of Congress to overturn the SAB-121 veto
SEC Commissioner Grilled on Bitcoin ETFs as Senators Weigh U.S. Regulator Nominees
11.7.2024
Commissioner Caroline Crenshaw of the U.S. Securities and Exchange Commission (SEC) told senators on Thursday that rampant fraud in crypto markets left her unwilling to approve bitcoin exchange traded products earlier this year
Federal Reserve Fines Citigroup $60.6 Million for Ongoing Risk Management Deficiencies
10.7.2024
The U.S. Federal Reserve has imposed a $60.6 million fine on Citigroup for continued failures in its risk management and data quality practices. The enforcement action follows Citigroup’s insufficient progress in addressing deficiencies identified in a 2020 order. Citigroup Faces $60.6...
Crypto for good: Why blockchain can bring financial inclusion worldwide
10.7.2024
John Wingate of BankSocial and Azeem Khan of Morph tell The Agenda podcast how crypto and blockchain can make the world a better, more equitable place
Bank of Italy to release crypto guidelines in ‘coming days’ — Governor
10.7.2024
Italy’s central bank will soon share how the country should apply the EU’s MiCA crypto laws, with its governor slamming Bitcoin and Ethereum as “unbacked” cryptocurrencies
UBS Executive Highlights AI’s Impact on Banking
6.7.2024
UBS is witnessing a transformative shift in client interactions driven by artificial intelligence, according to Sabine Keller-Busse, the head of the Swiss bank’s domestic business. Keller-Busse compared the change to how patients now approach doctors with self-diagnosed conditions. UBS Sees...
Nigerian central bank alleges unauthorized transactions by Binance
6.7.2024
In a Nigerian court on Friday, July 5, Binance's illegal operations were highlighted, with Central Bank official testifying on lack of necessary licenses and regulatory approval