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12th Edition Connected Banking Summit – Innovation and Excellence Awards 2024, Southern Africa
24.4.2024
The 12th Edition Connected Banking Summit – Innovation and Excellence Awards 2024 Southern Africa scheduled to take place on May 23, 2024, in Johannesburg, South Africa, proudly unveils its theme: “Empowering Tomorrow’s Banking Landscape: Technology, Innovation, and Sustainable Growth” Hosted...
Finnovex Saudi Arabia 2024: Fulfilling Vision 2030 – Kingdom Banking’s Pinnacle – Transforming Finance for a Thriving Saudi Arabia
22.4.2024
Finovex Saudi Arabia 2024 is poised to be the beacon of innovation in the financial sector as it convenes on May 21-22, 2024, in Riyadh, Saudi Arabia. Under the theme “Fulfilling Vision 2030 – Kingdom Banking’s Pinnacle – Transforming Finance for a Thriving Saudi Arabia,”...
HSBC Looks To Broaden Tokenized Asset Offerings after Gold Token Launch
15.4.2024
HSBC, one of the world’s largest banking services, intends to broaden its array of tokenized assets. CEO Noel Quinn said the bank will ensure these offerings are firmly anchored in reality.
The post HSBC Looks To Broaden Tokenized Asset Offerings after Gold Token Launch appeared first on Cryptonews
Digital Ruble Rollout Will Cost Russian Banks $536m a Year – Experts
15.4.2024
Digital ruble rollout plans could cost the Russian banking sector a total of $536 million per year, financial analysts have claimed.
The post Digital Ruble Rollout Will Cost Russian Banks $536m a Year – Experts appeared first on Cryptonews
Committee on Banking, Housing, and Urban Affairs hears claims of stablecoin abuse
10.4.2024
Wally Adeyemo, the US Treasury Deputy Secretary, has released an official statement on how stablecoins are being used to avoid established security safeguards. The statement was issued before a hearing with the Senate Banking, Housing, and Urban Affairs Committee. It references various terrorist...
Crypto Industry Needs ‘Light’ Regulatory Framework to Combat Risks: US Sen. Thom Tillis
10.4.2024
Tillis stressed “light” regulation to help curb illicit crypto financing during the Senate Banking Committee meeting on Tuesday.
The post Crypto Industry Needs ‘Light’ Regulatory Framework to Combat Risks: US Sen. Thom Tillis appeared first on Cryptonews
Coinbase Legal Chief Pushes For Stablecoin Regulation
9.4.2024
Paul Grewal, the legal chief at Coinbase, encouraged the US Congress to quickly pass stablecoin legislation on April 9 in order to combat the illegal usage of cryptocurrencies. Paul Grewal's plea coincides with the Senate Banking trial on combating terrorism, illicit financing, and sanctions...
Lummis: Crypto Will Erupt as Big Issue in Senate Races Including Banking Chair Brown's
9.4.2024
U.S. Senator Cynthia Lummis (R-Wyo.) said that the high-stakes Ohio election that could decide both the Senate majority and the leadership of the Senate Banking Committee is likely to dig into cryptocurrency issues, and she encouraged industry insiders to make sure it does
Online Games Act Like Unregulated Banks, And The US Gov’t Has Noticed
4.4.2024
A new report from the United States Consumer Financial Protection Bureau (CFPB)—an organization focused on enforcing the laws that protect consumers—indicates the bureau is aware of and monitoring big online video games that are filled with in-app purchases, digital currencies, and shady...
KBW Increases Coinbase Price Target to $230, Citing Exposure to Long-Term Crypto Economy Growth
3.4.2024
Investment banking firm KBW has hailed Coinbase for offering investors a unique opportunity to tap into the long-term growth potential of the crypto economy.
The post KBW Increases Coinbase Price Target to $230, Citing Exposure to Long-Term Crypto Economy Growth appeared first on Cryptonews
12th Edition Connected Banking Summit – Innovation and Excellence Awards 2024: Southern Africa
2.4.2024
The International Center for Strategic Alliances is proud to announce the 12th Edition Connected Banking Summit – Innovation and Excellence Awards 2024 Southern Africa, scheduled to take place on May 23, 2024. With the theme “Empowering Tomorrow’s Banking Landscape: Technology...
Tinkoff Bank Wins ‘Digital Assets’ Operating Permit in Russia
1.4.2024
Tinkoff Bank, one of Russia’s biggest banking players, has won a license to issue and sell “digital financial assets” (DFAs) in the country.
The post Tinkoff Bank Wins ‘Digital Assets’ Operating Permit in Russia appeared first on Cryptonews
Court Dismisses Custodia Bank’s Challenge Against Federal Reserve
31.3.2024
In a significant ruling, a federal judge has dismissed Custodia Bank Inc.’s claim for entitlement to a Federal Reserve master account, marking a setback for the Wyoming-based depository institution. Custodia Bank argued that the Federal Reserve Bank of Kansas City (FRBKC) was legally obliged...
HSBC Launches Gold Token Service for Retail Investors in Hong Kong
27.3.2024
Banking giant HSBC is now allowing retail investors in Hong Kong to buy real gold through digital tokens. The new gold investment is available through the bank’s online banking service and app.
The post HSBC Launches Gold Token Service for Retail Investors in Hong Kong appeared first on Cryptonews
Floki Developers Plan Regulated Bank Accounts in Next Value Capture for Tokens
22.3.2024
SWIFT payments and SEPA IBANs will be supported – allowing users to transact and transfer money globally
Crypto Exchange Backpack Appoints Stripe, Banking Veteran as CFO
21.3.2024
Backpack was founded by Armani Ferrante and Trian Yver, alums of defunct trading companies Alameda Research and bankrupt crypto exchange FTX respectively
Crypto Fan Won Ohio Senate Primary That Could Alter the Industry's U.S. Destiny
20.3.2024
Ohio's U.S. Senate race may be the biggest congressional contest this year for the crypto industry, now pitting a digital assets booster against Sen. Sherrod Brown (D-Ohio), the sitting Senate Banking Committee chairman who has stood in the way of the development of regulatory legislation
Cardano (ADA) & Tron (TRX) enthusiasts make strategic shifts to DeeStream (DST), banking on streaming dominance
19.3.2024
In the fast-changing landscape of cryptocurrency investment, Cardano (ADA) and Tron (TRX) believers are among the first to take strategic shifts toward a new frontier: DeeStream (DST). That shift mirrors a drive toward diversification coupled with an understanding of the change potential in...
Speculation Intensifies Over US Banking Sector’s Fate as Fed’s BTFP Closure Looms
10.3.2024
This weekend, many are intrigued by the potential outcomes following the cessation of the U.S. Federal Reserve’s Bank Term Funding Program (BTFP), launched amidst the significant banking collapses in March 2023. Some argue that the banking turmoil is far from over, suggesting it has merely...
Fed Chair Jerome Powell Addresses Concerns Over CBDCs, Prioritizes Privacy
8.3.2024
In a recent Senate Banking Committee hearing, Jerome Powell assured lawmakers that the Federal Reserve is not pursuing a CBDC anytime soon and “not far” from cutting interest rate.
The post Fed Chair Jerome Powell Addresses Concerns Over CBDCs, Prioritizes Privacy appeared first on Cryptonews