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Nalezeno "US banks": 3599

Central banks buying gold at record levels, but Bitcoin still outperforms

2.9.2024
Central banks bought a record 483 tonnes of gold in the first half of 2024, driving the asset to an all-time high.

Indonesia and South Korea Sign New Local Currency Agreement to Boost Trade

1.9.2024
Bank Indonesia, the Bank of Korea, and South Korea’s Ministry of Economy and Finance have introduced a local currency transaction framework to boost bilateral trade using the rupiah and won. This initiative aims to reduce exchange rate risk and improve transaction efficiency by facilitating...

Arthur Hayes Predicts Bitcoin Boom as Central Banks Cut Interest Rates

1.9.2024
Bitmex co-founder Arthur Hayes is optimistic about bitcoin’s future, citing recent interest rate cuts by central banks. He believes further rate cuts by the U.S. Federal Reserve, Bank of England, and European Central Bank could expand the money supply and drive inflation. Hayes argues that...

Banks face new risks from permissionless blockchains, BIS warns

30.8.2024
To mitigate risks associated with public blockchain networks, the paper proposed appointing an entity with the authority to "control and limit access" to cryptocurrency assets

Banks Using Permissionless Blockchains for Transactions Face Multiple Risks: BIS

29.8.2024
Banks that transact on permissionless blockchains face multiple risks, including money laundering and terrorism financing, the Basel Committee on Banking Supervision said

Crypto Is Now a Non-negotiable for Traditional Banks

28.8.2024
Simple “engagement” isn’t enough. Banks need to start experimenting with tokenization and blockchain-powered settlement, or risk getting left behind, says Sygnum Bank’s Lucas Schweiger

Donald Trump Pushes New Crypto Platform to Challenge Big Banks and Financial Elites

23.8.2024
Former U.S. President Donald Trump has promoted his family’s new cryptocurrency platform, “The Defiant Ones,” to his 7.5 million followers on Truth Social, framing it as a response to financial inequality. The Trump Organization’s crypto initiative, which has garnered...

Elon Musk’s Twitter buyout is going so poorly that banks had to issue pay cuts

22.8.2024
The “hung” loans have led to bankers calling it the worst buyout since 2008

Gold Shatters Records as Investors Brace for Economic Turbulence

20.8.2024
Precious metals prices are on the move again, with gold hitting a new peak of $2,564 during Tuesday’s trading sessions. As of now, gold is being traded at $2,527 per ounce, while silver has climbed more than 6% this week, currently standing at $29.68 per ounce. Market trends show that the prices...

South Korean crypto exchange employees out-earn staff at major banks

19.8.2024
Dunamu’s consolidated sales in the first quarter of 2024 reached $400 million, showing a 60.5% increase.

Anchored Coins warns of potential issues for AEUR amid FlowBank collapse

15.8.2024
The stablecoin issuer said there was a risk of a “respective loss for the holders of AEUR tokens” due to FlowBank's bankruptcy in June

Exclusive: Fireblocks granted New York charter for crypto custody

14.8.2024
The charter allows Fireblocks to offer cold-storage custody to US clients

Trump Jr. to launch DeFi platform, $510B sell-off wipes 2024 crypto gains: Finance Redefined

9.8.2024
The crypto industry could gain significant mainstream attention following Trump’s eldest son’s plans to launch a bank-rivalling DeFi platform

Regulators postpone listing decision for Hashdex Nasdaq Crypto Index ETF

9.8.2024
If approved, the ETF would be the first US fund to hold a diversified portfolio of spot cryptocurrencies

Hong Kong virtual banks eye Web3 growth despite regulatory hurdles

9.8.2024
Despite capturing just 0.3% of retail bank assets, Hong Kong's virtual banks are exploring opportunities in the Web3 space

Federal Reserve Cracks Down on Customers Bank’s Crypto Strategy

9.8.2024
The U.S. Federal Reserve has taken decisive action against Customers Bank, highlighting significant compliance deficiencies in its digital asset strategy and instant payments network. The enforcement action mandates the bank to bolster its Anti-Money Laundering (AML) protocols and limit risks...