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American Bankers Association Urges House Leaders to Block Fed’s CBDC Plans


The American Bankers Association (ABA) on Monday urged House leaders to back a bill that would stop the Federal Reserve from creating a CBDC for individuals and using it for monetary policy tools. The post American Bankers Association Urges House Leaders to Block Fed’s CBDC Plans appeared...

Gold Prices Break Record Highs, Silver Also Rallies


Gold has continued rising in financial markets, hitting new all-time high (ATH) prices against the U.S. dollar. The precious metal’s price rose to levels close to $2,450 per ounce this Monday, fueled by geopolitical tensions and the expectations of a Federal Reserve dovish move on interest...

Veteran US Bank State Street Opens Search for Digital Assets Head


State Street, the second-oldest bank in the US, is actively searching for a leader for its digital assets solutions team. It seeks an innovative thinker with comprehensive knowledge of digital asset technology and substantial institutional expertise. The post Veteran US Bank State Street Opens...

Binance Aids Taiwan in Busting $6M Crypto Money Laundering Ring


Binance’s Financial Crimes Compliance Department recently collaborated with Taiwan’s Ministry of Justice Investigation Bureau and the Taipei District Prosecutors Office on a significant cryptocurrency-assisted money laundering case involving nearly NT$200 million (approximately US$6...

Binance Aids Taiwan in Busting $6M Crypto Money Laundering Ring


Binance’s Financial Crimes Compliance Department recently collaborated with Taiwan’s Ministry of Justice Investigation Bureau and the Taipei District Prosecutors Office on a significant cryptocurrency-assisted money laundering case involving nearly NT$200 million (approximately US$6...

Hong Kong digital yuan pilot lacks P2P capabilities


While Hong Kong residents can sign up for a digital yuan (e-CNY) wallet with a phone number, the CBDC is currently restricted to cross-border transactions and cannot be used for person-to-person transfers within Hong Kong

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