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Nalezeno "AI in banking": 2207

Fed Launches New Crypto Oversight Program, Issues Dollar Stablecoin Guidelines

10.8.2023
The Federal Reserve has established a new supervisory program to increase oversight of crypto activities by the banks it regulates. The U.S. central bank also released additional guidelines for banks to follow before engaging in the issuance, possession, or transactions involving U.S. dollar...

US Fed steps up oversight of banks' involvement with crypto firms

9.8.2023
The limitations set out in the Federal Reserve’s new Program provides additional measures to its original policy statement laid out in January

Crypto’s Path Forward Could Follow the Financial World's Departure From LIBOR

7.8.2023

Figure Abandons Quest to be U.S. Chartered Crypto Bank After Three-Year Fight

3.8.2023
Figure Technologies, Inc., has pulled its application to become a federally chartered bank in the U.S., ending a three-year rollercoaster ride as regulators clamped down on crypto activity and digital assets banking suffered a black eye when regional lenders associated with the tech world cratered...

Don’t Pop the Champagne on U.S. Crypto Bills – Progress in Congress Has Been Costly

1.8.2023
The crypto industry has never made it this far in its quest for a new system of U.S. oversight for digital assets, but the recent flurry of legislative progress may still be too contentious for it to become law

QI Research’s DiMartino Booth Foresees ‘Full Damage’ Yet to Unfold in US Banking Sector

31.7.2023
Danielle DiMartino Booth, holding the dual roles of CEO and chief strategist at QI Research, foresees that the 22-year peak in interest rates set by the Fed is merely a precursor to what’s to come. She anticipates further upheaval within the banking industry. The strategist articulated...

Today in Crypto: Crypto Firms in Hong Kong Can Open 'Simple' Bank Accounts Only, Elderly Couple in US Held Hostage for $156,000 in Crypto, Binance Can Operate in Dubai But Not in Nigeria

31.7.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________... Read More: Today in Crypto: Crypto Firms in Hong Kong Can Open 'Simple' Bank Accounts Only, Elderly Couple in US Held Hostage...

Another US Bank Collapses: Heartland Tri-State Bank Closed by Regulator

30.7.2023
Heartland Tri-State Bank has become the latest bank in the U.S. to fail. The Kansas banking regulator closed the bank and appointed the Federal Deposit Insurance Corporation (FDIC) as the receiver on Friday. Regulator Shuts Down Heartland Tri-State Bank A regional bank in the U.S., Heartland...

Kansas Heartland Tri-State Bank closed by FDIC as banking crisis deepens

29.7.2023
Heartland Tri-State Bank of Elkhart was closed on July 29, with the Federal Deposit Insurance Corporation (FDIC) taking control

US banking advocacy group support Sen. Warren’s reintroduced crypto bill

29.7.2023
According to the Bank Policy Institute, the inclusion of digital assets in the anti-money laundering framework is essential to safeguard the United States' financial system and protect it from illicit finance

Canadian Regulator Proposes Changes to Its ‘Capital and Liquidity Approach to Crypto-Assets’

28.7.2023
The regulator of financial institutions in Canada said on July 26 that it had started the process of gathering the public’s view on proposals to change its “capital and liquidity approach to crypto-assets.” The draft guidelines are a response to the Basel Committee on Banking...

A Bully Pulpit for Debanked Nigel Farage, Crypto for Everyone Else

27.7.2023
The British Brexiteer could call on the media and his far-right friends in his debanking fight. But most of us aren't so lucky

Private Banking Firm With $14B Assets Starts First Crypto Fund of Spain

26.7.2023
The fund will be accessible to professional investors only and will be audited by PwC

Tim Draper Predicts Bitcoin Will Outpace Fiat Currencies, Asserts Its Superiority Over Traditional Banking

26.7.2023
Renowned bitcoin investor and venture capitalist, Tim Draper, envisions a future where bitcoin emerges as a formidable competitor to the world’s fiat currencies. During a recent interview with Fox News, Draper argued that bitcoin’s inherent safety and superiority surpass those...

Federal Reserve Raises Federal Funds Rate by 25bps Amidst Moderate Economic Growth

26.7.2023
In the latest Federal Open Market Committee (FOMC) report, it was stated that the U.S. economy has been experiencing moderate growth and members of the committee have decided to raise the federal funds rate by 25 basis points (bps) in order to keep a handle on inflation. Fed Raises Benchmark Bank...